Fonterra slashes workforce by more than 500 'to remain strongly competitive'
Fonterra, the world's largest dairy exporter, is reducing its workforce by more than 500 in the face of falling milk prices.
Archives for July 15, 2015
Souring on sweet: How sugar health concerns are spurring sour flavours
Ongoing consumer concern about sugar consumption means some consumers are turning away from sweet tastes altogether, according to market research organisation Mintel.
US bacon giant extends repertoire with $170m investment
SugarCreek, the largest independent processor of bacon in the US, is investing $170 million in two new facilities, including what it claims is the nation’s largest sous vide line.
Desert-inspired flavours and water-saving innovation: How climate change will shape the food industry
The water crisis affecting the food industry is set to get worse – but food companies are finding ways to overcome it, say experts.
Cocoa fermentation with beer yeasts up chocolate quality, say researchers
Yeast species used in the beer, wine and bread industries can also be used in cocoa fermentation to create unique flavors for chocolate confectionery, say Belgian researchers.
Boredom and energy cravings the key drivers for Millenial snackers, says Mintel
Research from Mintel suggests Millenials snack around four times a day, mostly for an energy boost, because they are bored or want to reduce stress levels.
Lindt continues to punch above ‘stagnating’ chocolate market in H1
Lindt & Sprüngli has reported strong sales growth in the first half of the year driven by its North American business and recent Russell Stover acquisition as global chocolate markets slow or decline.
Probiotic fermented milk may improve airway allergies: Danone study
Probiotic fermented milk may improve airway allergies through immune system shift, says Argentinian research funded by Danone.
UK's Karro Food agrees deal with US chain Chipotle
US restaurant chain Chipotle has struck a deal to buy pork from UK-based Karro Food Group in a move driven by animal welfare concerns.
Summer Fancy Food Show
Failure can be essential for success – if handled correctly, executives say
Nobody likes to fail, but in most businesses it is inevitable, and when addressed correctly, it can be a critical element to a company’s long term success, according to food and beverage executives.
10 strategies to accelerate new product growth
The number of new products coming to market every year continues to shrink, but that doesn’t make cutting through the competition any easier, according to Larry Levin, executive VP and practice leader at IRI Worldwide.