Big trouble in little China as Mondelez misses expectations
Mondelez International has fallen short of sales expectations in the third quarter (Q3) as the slowing Chinese economy dented consumption, particularly in its biscuit category.
Archives for November 7, 2013
Nofima meats packaging evaluation demands
A meat manufacturer has sought the help of a Norwegian research institute to evaluate barrier properties of its revamped packaging and avoid discolouration.
Nestlé sells Jenny Craig weight management business in North America and Oceania to PE firm
Nestlé has sold its Jenny Craig weight management businesses in North America and Oceania to Connecticut-based private equity firm North Castle Partners for an undisclosed sum.
Global non-GMO market could reach $800bn by 2017; demand not unanimous
The global market for non-GMO food and beverage products shows great promise in the coming years, but its success is far from guaranteed, as global consumer support for mandatory GMO labeling is mixed, and there is little indication of a surge toward...
Trans fats: Partially hydrogenated oils should be phased out in months, not years, says expert as FDA considers revoking their GRAS status
News that the FDA is considering revoking the GRAS (generally recognized as safe) status of partially hydrogenated oils (PHOs) in a bid to eradicate artificial trans fats from the US food supply has been broadly welcomed. But how long should the agency...
The Botanical Explorer: We’re on the cusp of a new era with phytonutrients
A new science developing around phytonutrients is opening the doors of an entirely new domain, but understanding how to use the information and combining this with ethical cultivation will have to go hand in hand for successful commercialization, says...