business
01 Jun 2023
--- The specialty ingredients and chemicals global solution provider Univar Solutions already distributes some of ICL’s s Rovitaris food ingredients, phosphates and other solutions and now plans to ramp up the...
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31 May 2023
--- The UK enters into a free trade agreement (FTA) with Australia and New Zealand today with a removal of tariffs on some F&B products predicted to unlock export opportunities. There has been a decline in exports from...
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29 May 2023
--- With food inflation in the UK reaching some of the highest rates in Europe, the prime minister Rishi Sunak is keen to bring figures to a sustainable level. He has outlined a plan to encourage supermarkets to cap prices of...
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25 May 2023
--- Owner of Quorn, UK-based Marlow Ingredient, has partnered with Danish food start-up Tempty Foods to launch meat alternatives based on mycoprotein – a fungus-derived “super protein” widely used in...
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25 May 2023
--- Studies increasingly show that a healthy gut microbiome supports a healthy immune system. Consumption of fibers and prebiotics helps gut and immune health, but despite a growing consumer interest in fiber, many people...
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25 May 2023
--- Israeli-based food tech company DouxMatok has announced it is rebranding to Incredo, coinciding with the company’s completion of a US$30 million Series C funding round. The business will now share its name with its...
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23 May 2023
--- Givaudan is launching Customer Foresight, marketed as a proprietary futurescaping platform built in-house at the company’s Digital Factory in Paris, France. The platform leverages Givaudan’s human expertise, big...
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18 May 2023
--- Just one day before the grain deal was due to expire, a two-month extension has been negotiated, which will allow Ukraine to export millions of tons of grain through the Black Sea despite the ongoing conflict with Russia.
16 May 2023
--- Azelis has signed an agreement to acquire 100% of the shares of Gillco Ingredients, a specialty ingredient provider in the food and nutrition market in the US. The transaction is expected to close in the second quarter of...
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16 May 2023
--- Several food organizations have signed a letter to the CEO of Nestlé UK and Ireland, pointing out that the way its new breakfast cereal inspired by the candy bar KitKat is marketed is “irresponsible.” The...
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12 May 2023
--- This week at Vitafoods Europe, Arla Foods Ingredients showcased two concepts designed to shake up the protein industry. The concepts include new ingredients, a bar with protein dispersed throughout three different layers and...
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11 May 2023
--- Food tech start-up Sweet Victory Gum’s botanical chewing gum, designed to curb sugar cravings, won Vitafoods Europe’s Startup Innovation Challenge 2023 for finished nutraceutical products this week, after a...
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10 May 2023
--- Volac is unveiling its Volactive Pro2O ready-to-mix (RTM) ingredient at Vitafoods Europe in Geneva, Switzerland. The product allows manufacturers to develop refreshing shakes that are clear in solution with new fruit-based...
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09 May 2023
--- Tyson Foods is experiencing the double challenge of highly competitive meat prices and soaring inflation in feed and operational costs. While the company’s sales kept increasing in the last quarter (0.1%), its...
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09 May 2023
--- DSM and Firmenich have completed their “merger of equals,” creating a robust business platform to “reinvent, manufacture and combine vital nutrients, flavors and fragrances.” The Swiss-Dutch group has...
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04 May 2023
--- Bartek Ingredients’ Uplift Taste Modification Technology allows manufacturers of confectionery and mineral, vitamin and supplement gummies to enhance and modulate taste, create authentic fruit flavor and sour profiles,...
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02 May 2023
--- Above Food and Bite Acquisition are combining their businesses and pursuing an initial public offering (IPO) on the NYSE during the second half of 2023. Under the Above Food name, the merged company will leverage its...
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27 Apr 2023
--- Japanese brewer Kirin is on track to acquire Australian vitamins maker Blackmores for A$1.88 billion (US$1.24 billion). Blackmores operates a natural health business in the Asia-Pacific region. Kirin plans to make it a...
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26 Apr 2023
--- ADM managed to increase its revenue and operating profits in the first quarter of the year, as its Agricultural Services and Oilseeds segment achieved “crushing results” due to record soybean crops and biofuel...
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26 Apr 2023
--- Symrise is partnering with Pakistani spice mix producer Shan Foods in an enterprise to “harness authentic Pakistani flavors” and deliver taste solutions for global brands.
