News & Analysis on the Bakery and Snacks Industries
A microbe developed by The BioAg Alliance – a collaboration between Novozymes and Monsanto – is claimed to have increased corn yields by around four bushels per acre in US field tests.
Diamond Foods has brought a stake in UK food business Metcalfe’s Skinny Limited, owner of premium popcorn brand Metcalfe’s Skinny Popcorn.
Goss International has appointed Alles International as its agent for South Korea to get a foothold in the market.
Xolution has closed a €45m equity investment round with Inventure Management, in Singapore, to fund production of its next generation XO2.0 resealable beverage can technology.
Cargill has launched a soy lecithin free from partially hydrogenated oils (PHO) as an alternative to monoglycerides and DATEM.
BillerudKorsnäs has acquired a 10% stake in Danish packaging company EcoXpac, to make a bottle made entirely out of paper.
ChemChina, one of China’s largest chemicals group, is set to acquire KraussMaffei Group and its brands KraussMaffei, KraussMaffei Berstorff and Netstal, for €925m.
While most insect products focus on hiding the insect content by using flours, French start-up Entoma sells Jimini's whole, spiced insects as a gourmet apéritif snack – a gamble that has paid off as they featured in Mintel's most innovative food products...