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Is the decline in US meat consumption terminal?

Is the decline in US meat consumption terminal?

By Elaine WATSON

At 270.7lbs, Americans eat more meat per capita* than any other nation (with the exception of the carnivorous folk of Luxembourg, who get through a whopping 301.4lbs). But they are eating less than they used to, says market researcher Packaged Facts.

New owners need to move quickly or risk being 'out of sight, out of mind' says Hudak

THE BANKRUPTCY THAT ROCKED THE MARKET

Hostess sales tot up $860m

By Kacey Culliney

Hostess Brands has closed all asset sales and pulled in $860m; a figure a little less than the worth of the company but expected given the speed of the sell-offs, an analyst says.

Burger King boss Bernardo Hees to take the helm at Heinz

Burger King boss Bernardo Hees to take the helm at Heinz

By Elaine WATSON

Heinz’s (soon to be) new owners 3G Capital and Berkshire Hathaway today revealed that Burger King boss Bernardo Hees will become CEO of Heinz once their 28bn deal (including debt) to buy the soups to ketchup giant is completed.

Chinese food regulatory agency reorganized, renamed

Chinese food regulatory agency reorganized, renamed

The Chinese State Food and Drug Adminstration (SFDA) has been reorganized and renamed, according to Jeff Crowther, executive director of the US-China Health Care Products Association. The new name is the China Food and Drug Administration (CFDA), which...

The rise of Greek yogurt. But is the growth sustainable?

The rise and rise of Greek yogurt. But is the growth sustainable?

By Elaine WATSON

From a standing start in 2007 - when it accounted for just 1% of refrigerated yogurt sales in the US food, drug and mass channels excluding Walmart (FDMx) - Greek yogurt now commands a whopping 35% share of the market, according to a new report from Packaged...

It’s all Greek to me! How fair was the ruling against Chobani?

EDITOR'S OPINION: DEAR DAIRY....

It’s all Greek to me… How fair was the High Court ruling against Chobani?

By Mark ASTLEY

New York-based Chobani was handed an injunction last month prohibiting its use of the term ‘Greek yogurt’ in the UK following a court battle with rival, Fage, which claims that the term refers to geographical origin. But can Athens-based Fage stand by...

Avure opens new HPP facility in US

Avure opens new HPP facility in US

By Line Elise Svanevik

Avure Technologies has announced plans to open a new high-pressure processing (HPP) technology manufacturing facility in the US.

Food ingredients, not fuel, helps Penford post profit

Food ingredients, not fuel, helps Penford post profit

By Hank Schultz

Higher profits and margins in the human nutrition portion of the company helped Penford Corporation swing from a loss to a profit, according to the company’s recent second quarter earnings statement.

Food-grade sorghum confirmed safe for celiac sufferers - backed with genetic and biochemical evidence

Sorghum is celiac-safe: Study

By Kacey Culliney

The cereal grain sorghum is a safe food for consumers with celiac disease and therefore ideal for gluten-free formulations, new research finds.

Mondelez International CEO and chairman Irene Rosenfeld receives 31% compensation hike

Mondelez CEO Rosenfeld bags $28.8m in 2012

Mondelez International chairman and CEO Irene Rosenfeld has been awarded a 31% rise in compensation in 2012 taking her total annual earnings to $28.8m, according to a company filing.

Dannon took two years to win 25% Danimals Smoothies sugar cut

MINTEL PREDICTS STRONG US GROWTH FOR HEALTHY KIDS YOGURT DRINKS

Dannon took two years to win 25% Danimals Smoothies sugar cut

By Ben BOUCKLEY

Dairy giant Dannon (Danone) says it spent two years reformulating its Danimals Smoothies for kids in the US to achieve a 25% sugar reduction, as Mintel predicts strong growth for kid-friendly yogurt drinks with health and wellness benefits in the country...

Wilmar secures IP rights to grow China’s rice bran production

Intellectual property

Wilmar secures IP rights to grow China’s rice bran production

By RJ Whitehead

Wilmar and RiceBran Technologies have announced a series of licencing tie-ins to develop rice bran and its derivatives in China. The venture will seek to develop the human food ingredient and animal nutrition markets in the country.

Rise in Brazilian beef and poultry exports

Rise in Brazilian beef and poultry exports

By Carina Perkins

Exports of beef and poultry helped drive further growth in Brazilian food exports last month, according to data from the country’s  Ministry of Development, Industry and Foreign Trade (MDIC).

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