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Weekly comment

Industry's role against HIV/AIDS

Following World AIDS Day, the food industry should reflect on its own potential to advance the fight against a disease that continues to sweep a devastating toll.

Snack bars outsell confectionery, report

Thanks to the health and organic trends, sales of cereal bars in the EU will experience average compound annual growth of 7.2 per cent up to 2010, far outstripping sales...

News briefs: Kraft, Heinz and Lotte

Heinz posts a nearly 10 per cent increase in operating profits; Kraft finalises the acquisition of Danone's biscuit division; and Korean company Lotte moves into the Japanese cake market.

Premium products boost Finsbury sales

UK bakery Finsbury Foods managed to increase sales by an average of 17 per cent across all divisions, despite a ten per cent rise in ingredient costs.

Health trends drive bakery industry, report

Bakery manufacturers must be responsive to consumer demands for health and convenient products, or risk losing out in an increasingly competitive European market, according to a new report.

Grain prices could rise by another 40 per cent says ING

Food and beverage processors will be fighting it out for an increasingly dwindling supply of grains sourced at ever higher prices, ING Group warned in a new forecast report for...

Sustain supply or lose profit, food industry warned

The food industry must support EU farmers during the current commodity squeeze, as a sustainable supply of agricultural materials is vital for healthy profits, experts warned yesterday.

Date set for decision on suspending import duties

Cereal supply chain shortages may start to ease this winter, as the EU's agricultural ministers will decide on whether to suspend import duties at a meeting starting on 18 December.

Cereal makers missing emerging market boon

A large number of global breakfast cereal manufacturers are failing to take advantage of the potential for their products in markets such as Eastern Europe and Asia, according to consumer...

Price wars force UK ingredients sales into decline

Sales in the UK food ingredients industry are falling on average as a result of increased competition, both domestically and internationally, according to a new market report by analysts Plimsoll.

Grain news: crops, labelling and websites

The UK wheat crop declined this year; a research organisation calls for minimum whole grain requirements; and Cargill launches a website for the grain industry.

Link Snacks invests in logistics system

US meat manufacturer Link Snacks has implemented an automated information software system as part of a drive to streamline and simplify logistics operations.

Commission sets ball rolling for CAP reforms

The European Commission yesterday outlined reforms the bloc's Common Agricultural Policy (CAP), proposing further measures aimed at weaning farmers off handouts and boosting commodity supplies.

Speakers set out challenges for EFSA's future

Attracting top scientists, speed of assessment, and communication are vital in ensuring EFSA's success as Europe's food risk assessor, said speakers at the authority's fifth anniversary conference in Brussels yesterday.

Weekly comment

Are trade shows relevant?

The new crop of business cards yielded by another trade show season have been duly filed away. But the big question remains. Were the three days at FIE followed, for...

News briefs: ABF, ConAgra and butter prices

Associated British Foods may sell its bread brands; the ConAgra recall makes a painful dent in profits; and butter is too expensive for some bakers in the Asia Pacific region.

UK cereals regulator outlines future challenges

UK processors must continue to work with grain farmers to ensure supply remains sustainable amidst growing demand from the feed and biofuels sector, according to the Home-Grown Cereals Authority (HGCA).

Northern Foods posts profit increase

UK-based Northern Foods said that its leaner business model has paid off, as the company reported a 5.9 per cent increase in operating profits for the half year.

Kraft to sell Post Cereals to Ralcorp

Food giant Kraft Foods today announced a demerger of its Post Cereal brand to Ralcorp Holdings for $2.6bn of stock and cash, as part of the company's strategy to concentrate...

Manufacturers tap trends to boost sandwich sales

UK consumers will spend a massive £4.1bn (€5.8bn) on sandwiches this year, thanks to manufacturers catching up with the health, ethnic and ethical trends dominating the market, according to Mintel.

Kids ad restrictions are ineffectual, finds Which?

New UK restrictions on television 'junk' food advertising to children are ineffective, says consumer watchdog Which?, since a survey has shown that half the most popular programmes watched by the...

Kraft takes larger slice of snack pie with Danone buy

Kraft Foods is set to take an even larger share of the global snack market after receiving conditional approval by the European Commission to purchase the biscuit, cereals and snack...

Premier Foods defies bakery price challenge

UK-based Premier Foods had an organic sales gain of three per cent in the four months to the end of October and said its is on course to meet its...

Cereal prices set to stay high, says FAO

Production problems and low world stocks will keep global cereal prices high this year, according to a new report, suggesting that the food industry's struggle to maintain margins will not...

Sara Lee Q1 profits plunge

Rising commodity costs and increased media and promotional spend have led to a massive 40 per cent drop in profits for US food giant Sara Lee.

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