Food Ingredients News

Food loss challenge: Rabobank’s start-up shortlist to help reduce food loss in Asia

15 Oct 2018 --- Rabobank is tackling the issue of food loss throughout the supply chain by focusing on holistic solutions and is running a competition where start-ups pitch their ideas to reduce food loss to food and agri industry leaders and investors. Through the Food Loss Challenge Asia, Rabobank aims to look for solutions to curb food loss from farm to market and is asking start-ups “Do you have an existing tech-based solution that reduces food loss from farm to market in Asia?”

Danone to use Nutri-Score labels on fresh dairy products in Belgium

15 Oct 2018 --- Danone is to pioneer a color-coded food labeling system on all its fresh dairy products in Belgium. The French multinational food-products corporation is getting ahead of a government-backed voluntary scheme for food products which sees the Belgium health ministry encouraging better nutritional labeling. The Nutri-Score systems come at the time when consumers are paying much more attention to what they eat and is in line with Innova Markets Insights' top trend for 2018 – “Mindful Choices” – the increasingly thoughtful consumer continues to catalyze changes in the way that companies produce, package and label their products.

Greencore sells US operations to Hearthside in US$1bn plus deal

15 Oct 2018 --- Greencore Group plc has agreed to the sale of its entire US business, Greencore US, to an affiliate of Hearthside Food Solutions LLC for US$1,075 million on a cash and debt-free basis. Greencore says that following the deal, it expects to have a leading position in its core UK market, greater financial and strategic flexibility and potential for dynamic capital management. Hearthside believes the transaction marks a significant step in the further growth and development of its network.

Start-up focus: US-based Variety Fun targets healthy and convenient snacks market, direct to your door

15 Oct 2018 --- Two entrepreneurs have turned their US$165,000 investment into a millennial-favorite snack subscription box, that is now projecting US$12 million dollars in sales for 2018 and over 500,000 boxes sold on Amazon. According to the company, Variety Fun’s subscription service delivers an assortment of snacks to US offices, improving workplace culture and boosting employee morale. Variety Fun is a snack subscription box that curates “hundreds of the best-tasting, classic and nutritional brands,” including Popcorners, Hippeas, and Popchips, for offices in the US. By partnering with over 500 snack brands, the company offers businesses the most affordable and convenient subscription snack service with the most extensive selection.

Nestlé co-founds the Global Coalition for Animal Welfare to advance standards

15 Oct 2018 --- Nestlé and six other food companies (Aramark, Compass Group, Elior Group, IKEA Food Services, Nestlé, Sodexo and Unilever), have joined forces through the Global Coalition for Animal Welfare (GCAW) to advance animal welfare standards throughout the global food supply chain.

What’s in a name? Most consumers understand the difference between real milk and alternatives, says new survey

12 Oct 2018 --- A new survey exploring how consumers comprehend the difference between milk and non-dairy alternatives reveals that most people are actually not confused at all. The International Food Information Council (IFIC) Foundation shows a low level of consumer confusion over nomenclature and basic differences between the two. This comes at a time when the US Food and Drug Administration (FDA) is considering a proposal to provide greater clarity on the appropriate labeling of plant-based alternatives.

Indian ventures: Alland & Robert and Sayaji collaborate on acacia gum production

12 Oct 2018 --- S.D.P.A., the holding company which owns French leader in natural gums Alland & Robert, is partnering with Indian-based company Sayaji Industries Limited (Sayaji) to form a joint venture. The main goal of this collaboration is to manufacture locally and supply spray dried acacia gum for the growing Indian market.

Asia’s fast-moving cheese markets present opportunities for Australian dairy exporters, says Rabobank report

12 Oct 2018 --- There is plenty of room for robust growth in Asia’s cheese market, particularly for Australian dairy exporters who are well-placed to take advantage of increasing demand for cheese, even though it’s not a traditional part of the Asian diet. Market competition is already intensifying and there are opportunities to tap into growing demand from Asia, according to a new Rabobank report.

Fattening up in weight management: Glanbia acquires SlimFast for US$350m

12 Oct 2018 --- Global nutrition group, Glanbia, is set to acquire SlimFast for US$350 million, from KSF Holdings LLP and HNS Intermediate Corporation who collectively own SlimFast and other brands. The company plans to operate SlimFast within its Performance Nutrition segment of the business which plays into global consumer trends focused on convenient formats and snacking, according to Glanbia. SlimFast is a well-established brand with high levels of awareness in the US, its largest market.

Weekly Roundup: Eggs for sustainable protein, Symrise receives recognition for environmental commitment

12 Oct 2018 --- Today (October 12) marks World Egg Day 2018 and the American Egg Board is celebrating with a global campaign that focuses on eggs as a sustainable source of high-quality protein. Meanwhile, Symrise has achieved second place in the German CSR Awards 2018, for its commitment to sustainability. Flagship Food Group is adding up to 90 jobs as it expands its frozen food manufacturing in Albuquerque, New Mexico and ADM has announced the completion of their flour mill modernization in Enid, Oklahoma. The Fuji Oil Group has joined the Dutch Food Valley community to accelerate R&D and build global collaboration networks and finally, Campden BRI is calling for companies to join a research project to understand better what causes “checking” in biscuits and crackers.

Avoiding climate chaos: “Reduce meat consumption and go flexitarian,” urges new research

11 Oct 2018 --- Dietary changes are needed to slow the impact of climate change, warns new analysis that says meat consumption should be dramatically reduced in favor of plant-based diets. Considerable differences in farming are needed to avoid the dangers of a warming planet and the challenges of feeding a growing population in a world with more drought, floods, and extreme heat. The in-depth analysis involving the University of Oxford and the Potsdam Institute for Climate Impact Research in Germany (among other researchers) assessed the food systems’ environmental impact, a significant driver of climate change.

Beefing up traceability: Ambrosus blockchain tracks Korea’s Nongshim beef sold at Mega Mart

11 Oct 2018 --- Ambrosus, the globally decentralized blockchain and IoT platform, has joined forces with NDS, a subsidiary of Korean food producer Nongshim, to track and trace premium quality beef sold by food retailer Mega Mart. Ambrosus is pioneering what it describes as a “revolutionary beef traceability model” in Mega Mark using the AMB-NET blockchain.

Sensibly sweet: Kerry’s simulator finds consumer-preferred balance between sweetening agent type, protein and calories

11 Oct 2018 --- Kerry, the Taste and Nutrition Company, has released an interactive consumer preference simulator to supplement their latest white paper on sweetening agents, “Sensibly Sweet.” The proprietary preference simulator utilizes US consumer research data to help industry professionals understand the consumer-preferred combination of three nutritional details – the type of sweetening agent, calorie count and protein count – across six product categories.

Nestlé Malaysia offloads chilled dairy business to Lactalis

11 Oct 2018 --- Nestlé (Malaysia) Berhad is investing more than RM100 million (US$24 million) to expand its MILO factory in Chembong, in line with its strategy of driving strong, profitable and sustainable growth and investing in Malaysia as a key manufacturing hub for the Nestlé Group. Subsequently, French dairy group, Lactalis will acquire and take over operations of the PJ factory as well as Nestlé’s market-leading Chilled Dairy business.

Part of the solution or the problem? Industry reacts to stark climate change warnings

10 Oct 2018 --- Climate change is a hot topic for the food industry with many key players setting ambitious goals to reduce greenhouse gas emissions, cut down on waste, use energy efficiently and streamline strategies to tackle what is a profound challenge with direct implications on food safety, supply chains and raw materials. The notion of how big business will contribute to the fight against climate change is one of the key issues being debated after a leading body of experts, the Intergovernmental Panel on Climate Change (IPCC), issued its starkest warning yet this week.

AkzoNobel Specialty Chemicals relaunches as Nouryon

10 Oct 2018 --- The former AkzoNobel Specialty Chemicals is being relaunched as Nouryon. The move follows the recent acquisition of the business by The Carlyle Group and marks the company’s transition to becoming an independent, global specialty chemicals leader.

Meat-free innovation: Valio to showcase on-trend concepts and ingredients at SIAL

10 Oct 2018 --- Finnish-based dairy company, Valio, is set to unveil their latest food innovations and tailor-made ingredients solutions – including Valio MiFU, a new, milk-based alternative to meat – at SIAL Paris, later this month. Valio is addressing key upcoming food trends and creates solutions that manufacturers globally can adapt to local market needs. Valio’s products and food ingredients satisfy the demand for high quality, high protein and lactose-free dairy.

Plant-based start-up makes UK debut, launches vegan meat alternatives

10 Oct 2018 --- New UK start-up food company, The Meatless Farm, has launched its first products in the UK. The 400g fresh mince and two pack 227g fresh burger patties, which, according to the company are lovingly made from plants, will be available exclusively in Sainsbury’s from mid-October. The move comes as the plant-based sector is thriving globally.

Blockchain: Carrefour signs up to IBM’s “game-changing” food network

09 Oct 2018 --- French-headquartered retail giant Carrefour has joined the IBM Food Trust blockchain network, adopting the game-changing technology to improve traceability of certain food products with plans to expand to all Carrefour brands by 2022. A number of retailers, logistics firms and growers are working with IBM-developed blockchain technology – and now Europe’s largest retailer is adopting blockchain which will quickly help trace food back to its source within seconds, unlike traditional transactions. 

Waste not: Tesco scraps more best before dates, consumers say it helps reduce food waste

09 Oct 2018 --- The UK’s largest retailer, Tesco, is set to remove over one hundred more best before dates from its fruit and vegetable products, as customers say it helps them reduce food waste. Newly commissioned research reveals that 69 percent of customers believe scrapping best before dates is a good idea. 53 percent of shoppers in the same survey said they believe that by scrapping best before dates makes a difference, helping them keep fresh food for longer.