Skyr is a fermented dairy product, similar to yoghurt. It is originally from Iceland, where it has been consumed for hundreds of years, but its popularity has spread worldwide recently thanks to its pleasantly mild taste, low fat levels and high protein content. Arla Foods Ingredients has developed a new[Read More…]
Ingredients
Starbucks to cut hundreds of products from US stores
The Seattle-based coffee company is removing roughly 200 products from its store shelves Singapore – Starbucks is scaling back products by roughly 30 percent as part of an effort to streamline its business and pull back on efforts that don’t grow revenue and profit. The Seattle-based coffee company is removing[Read More…]
Study finds ‘naturalness’ obstacle to cultured meat alternatives
The research team concluded that consumer acceptance could pose more of a challenge than technological and scientific limitations A Zurich University study found that the main obstacle to cultured meats is consumer fears that the alternative protein is unnatural. The research team said it hypothesised that lab-grown meat was perceived[Read More…]
India leads the packaged tea market in 2017, followed by China
While India is the leading market for retail volume sales globally, Turkey takes the lead when it comes to per capita consumption. According to a research by market intelligence agency Mintel, India was the world’s largest packaged tea market in 2017, consuming a total volume of 678,200 tonnes worth of packaged[Read More…]
Rising demand for OPO in China’s formula market
A growing body of scientific research is behind the popularity of OPO in China’s infant formula market A growing body of scientific research is behind the popularity of OPO in China’s infant formula market, according to Advanced Lipids, one of the leading providers of the ingredient. OPO, also known as[Read More…]
Nestle’s ruby chocolate debuts in Japan with KitKats, just in time for Valentine’s Day
The ruby chocolates will go on sale at KitKat boutiques in Japan and South Korea as well as online very soon, ensuring chocolate lovers will have access to the treat before the Feb 14 holiday. Nestle SA will sweeten Japan’s Valentine’s Day with ruby-chocolate KitKats, choosing one of the world’s[Read More…]
Dealmaking Ferrero tycoon breaks decades of family tradition with Nestle buyout
The latest acquisition is by far his biggest bet, sinking US$2.8 billion (S$3.7 billion) into a tough market where Nestle was losing ground, and swimming against the tide as many rivals move towards healthier products. With Giovanni Ferrero at the helm of the Nutella maker, the traditionally Europe-focused business has[Read More…]
Ortus to leverage Malaysia’s leading role in wellness industry
Wellness and beauty (which includes cosmetics) in Malaysia are already billion-ringgit industries. The global wellness and beauty industries are growing at an impressive rate and Malaysian firms are capitalising on this trend by setting up bigger centres to attract customers. The two industries are known to be resistant to economic[Read More…]
Tea Forté adds spiced chai line to its portfolio
Chakra Collection will be available from January 2018 in the US with prices starting at $18 per box Artisan tea company Tea Forté will launch a range of traditional chai teas as part of its Chakra Collection. The brand said, “its blenders have added new notes to the traditional spice[Read More…]
Raisio sells its confectionery business to Valeo for 100m euros
Valeo Foods has annual sales of over €700 million and its portfolio of brands includes Jacob’s and Rowse Honey Finnish company Raisio has sold its confectionery business, which includes the Poppets and Fox’s brands, to Valeo Foods Group for €100 million. Raisio’s confectionery operations consist of six production plants in the[Read More…]
