Foreign worker proposals target easing EU's skills shortage
The European Commission yesterday proposed a new an EU-wide work
permit for foreign workers, a move to address the skills shortage
in the bloc.
Snack sales soar at smaller stores
Sales of food products bought at US grocery and independent stores
are on the up, and the impulsive nature of snack buying makes
this category fastest growing segment, according to a new report.
Snacks division leads General Mills' business growth
Strong sales and increased market share of some of its healthier
snacks helped boost overall sales in the US during the first
quarter ended 26 August, General Mills reported today.
China still top for manufacturing investment, study
China remains the number one location in which manufacturers plan
to expand their operations, according to a new study by service
consultants, Deloitte & Touche.
Bread, rolls and biscuits markets set to grow by 2011
The global bread, rolls and biscuit markets are set to grow
substantially by 2011, aided by demands for luxury products,
according to two new reports from Datamonitor.
Strong sales boost revenues for Kellogg
Kellogg said yesterday sales jumped by 9 per cent to $3bn (€ 2.2bn)
for the quarter ended 30 June, underlying the company's growth
across all of its cereal and snack segments.
Panera Bread reports 28 per cent revenue boost
Panera Bread said yesterday second quarter revenues for 2007
increased 28 per cent over the same period last year,
but operating profit fell by 3.4 per cent.
Strong sales across board for Pepsi
PepsiCo yesterday reported revenue growth of 10 per cent for the
quarter ending 16 June, thanks to strong performances across most
Beer sales set to increase, says Heineken
Heineken announced yesterday that it has doubled its forecast for
net profit growth, with strong sales in emerging markets offsetting
slow growth rates in Europe and the US.
Coca-Cola experiences double digit sales
Coca-Cola reported Tuesday net revenue growth of 19 per cent for
the quarter ending 29 June, led by strong performances in emerging
Unhealthy diet a lifestyle choice, says UK study
People on low incomes consume just as much unhealthy food and drink
as the general population, and so bad diets are the result of
personal choice, according to a study published by the UK
Fancy a beer for more than twice the price?
In 2006, the price of beverages was on average two and a half
times more in the most expensive EU country than in the
cheapest, according to a Eurostat report.
Premium crisps drive growth, says report
A developing demand for premium products such as those
made with alternative ingredients is keeping the UK crisps
market on a steady 2.5 per cent growth rate, Mintel says
in a new report.
General Mills sales rise 6 per cent after restructuring
General Mills yesterday said it achieved growth in both annual net
sales and operating profits, after cutting ties with
Own brand confectionery grows across European markets
European confectionery private label market share is continuing to
grow strongly, according the latest statistics by Neilsen for the
Private Label Market Association.
Managers leaving food sector in record numbers
Resignation levels of managerial staff are up in the UK's food and
drink sector with employers facing record recruitment and retention
problems, according to an annual survey released yesterday.
Business tycoon eats 45 per cent share of Israeli food company
The owners of Israeli food giant
Willi-Foods announced yesterday that they will sell
45 per cent of the company to international businessman
Arcadi Gaydamak for $40.5m (€30.1m).
Danisco blames revenue dip on EU sugar reform
Danisco suffered a 3 per cent drop in revenue in the 12 months to
30 April, blaming the fall on the EU's decision to cut subsidies
Transport ministers call for action on congestion crisis
Transport ministers from 53 countries yesterday called for
government measures to relieve the global container ship congestion
that is clogging up the delivery of goods at ports.
Food and drink counterfeit seizures fall
The amount of counterfeit food and drink products seized at the
EU's borders decreased by 77 per cent in 2006, the European
Commission said yesterday.
Growth strategy pays off for Heinz
Heinz yesterday posted 4.1 per cent growth in sales for
its 2007 fiscal year results as it benefited from improving
fortunes within Europe and its regional operations in markets
like Asia and Latin America.
Snacks dominate Kellogg quarter growth
Cereal giant Kellogg this week said it had stronger
than expected first quarter results as net sales rose nine per cent
PepsiCo feasts on snack growth for first quarter gains
Beverage giant PepsiCo has increased sales by about nine per cent
to $7.4bn (€5.3bn) during a strong first quarter for the year, as
it continues to expand its global operations, particularly through
its snack and potato chip lines.
Health hype fails to deter dessert-lovers
The furore over rising obesity rates has failed to dissuade UK
consumers from tucking into desserts such as cheesecakes, trifles
and cream cakes, judging from a new report from market analysts
Chips are down for potato producers
Potato processors are feeling the pinch as supplies dwindle due to
last year's poor harvest.
Healthy chocolate gaining credence, Barry Callebaut
The results of a consumer survey on healthy chocolate suggests that
the substance once considered solely as a sweet confectionery item
has made huge strides towards the realm of health foods.
Novozymes continues food enzyme market growth
Novozymes's strong performance in 2006 continues the enzyme firm's
impressive growth in a tight marketplace.
Northern Foods sell off to improve outlook
UK Northern Foods have today reported positive results after
selling off faltering businesses, enjoying organic growth of 3.2
Drought blights Australian dairy exports
Australia's dairy industry may see export earnings drop by more
than 24 per cent to under A$2 billion (€1.2bn) in 2006-07 because
of drought, potentially causing global prices to rise.
EU food and drink industry trends review
The CIAA end of year review of the European food and drink
industry's performance underlines again how significant the
industry is to the EU economy.
Steel recycling rates rise throughout EU
About 2.3m tonnes of steel packaging were recycled in Europe last
year, representing an average recycling rate of 63 per cent in the
25 EU member states, and an increase of 6 per cent in recycled
tonnage compared to 2004.
Sugarfree trends on display
Sugar replacer firm Palatinit are set to highlight the trend
towards health and convenience in the growing sugarfree
confectionery sector at the ISM trade fair next year.
Intelligent software used to boost quality of shop floor data
Top manufacturers are using intelligent software to integrate
management tools with shop floor data to boost productivity by up
to 27 per cent, according to new research.
Weak bakery sales force Northern Foods to refocus
Northern Foods reported a drop in bakery sales this week with the
sector falling 6.6 per cent from 18.6 per cent after a
disappointing performance for the quarter ended 30 September.
Northern Foods focuses on core profit drivers
Northern Foods yesterday reported a 1.1 per cent drop in underlying
revenues for the quarter ended 30 September, as the UK-based
company continues to shed underperforming units.
Symrise explores cheaper alternatives in bitter-maskers
Scientists at Symrise have reported the potential of benzyl amides
as potential bitter-masking compounds for food and drink, research
that may lead to cheaper alternatives for food scientists and
Supply squeeze raising cost of warehouse, distribution centers
Rents for warehouse and distribution centers are rising across the
US, with tight supply andincreasing construction costs continuing
to boost lease prices past their 2001 peak, according to
asemi-annual study of the market.
Vegetable processors hit by low supplies, high costs
Europe's vegetable canners and freezers are being hit by a supply
shortage - and extra costs - due to the effects of the weather on
the continent's harvests.
Cuts to Baltic cod quota puts squeeze on domestic supply
The European Commission this week proposed cutting quotas on cod,
salmon and other Baltic Sea species, in some cases by up to 20 per
Heinz boosts profit margins as market strategies pay off
H.J. Heinz strategy to raise prices and cut costs has paid off in
profit margins increasing to 15.5 per cent in the second quarter of
2006, two percentage points higher than the comparable period last
Unilever margins fall as marketing spend increases
Unilever yesterday reported a decline in second-quarter operating
margins, as the company continues to spend on marketing in a bid to
boost lackluster sales.
Premier Foods strategy pays off in sales, margin boost
Premier Foods' strategy of acquisitions and price increases helped
boost first half operating profits by 12.7 per cent and margins by
almost one percentage point.
Logistics providers move toward more integrated services
Europe's third party logistic (3PL) providers are moving to
integrate more of their operations with those of their clients as a
means of providing a more efficient service, according to a survey.
Krones sales growth points to health of beverage sector
Despite an ongoing price war among beverage filling and packaging
manufacturers, Krones managed to increase its sales by 12.1 per
cent in the first half of 2006.
Plastic recycling boosted by legislative targets
Driven by tougher waste legislation and set EU targets, the
recovery of plastics in the bloc is growing steadily, according to
a new report by Applied Market Information (AMI).
Avian influenza reflected in market swings for poultry
The avian influenza scare is causing fluctuations in the demand and
price for poultry in the EU, according to the latest agricultural
forecast by the European Commission.
Kellogg's sales boost offsets rising costs
The world's leading cereal producer Kellogg's has posted a three
per cent rise in second quarter net earnings, as strong sales in
the Americas help compensate for rising commodity costs.
UK manufacturers face pressure to reduce environmental impact
The UK's food and drink manufacturers and retailers will come under
more pressure to recycle more and cut the amount of waste they
produce, according to an Environment Agency report.
Germany among top packaging suppliers to food sector
Germany remains a world giant in the packaging material and machine
sector, with a high demand, especially for plastics, about to reach
record levels according to a new report.
Low GI diet best for weight loss, suggests study
An Australian research team has reported that a low-GI
carbohydrate-rich diet leads to weight loss of five per cent or
more and reductions in 'bad' cholesterol levels.