The site has doubled in size to meet growing industry demand for ingredients and solutions with lower sugar, fat and calories. Tate & Lyle has completed an expansion of its Singapore food application centre as it aims to boost food ingredient solutions in the region. The site has doubled in[Read More…]
Company News
Arla Foods Ingredients develops Skyr especially for the Chinese market
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…]
Applebee’s plans to pare as many as 80 locations
Dine Brands also will close 30 to 40 IHOP locations, while developing 85 to 100 new restaurants. Singapore – The recent closing of an Applebee’s restaurant in Independence was merely a down payment on what’s to come for the formerly Kansas City-based chain. Dine Brands Global (formerly DineEquity) plans to close[Read More…]
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…]
Herbalife plans a stock split and change its name
The nutritional supplement maker also said it intends to launch a “modified Dutch auction” tender offer. Singapore – Herbalife declares that it plans to change its corporate name to Herbalife Nutrition Ltd, refinance debt and effect a 2-for-1 stock split to boost shareholder returns, sending its shares to an all-time high.[Read More…]
Unilever’s PG Tips moves towards biodegradable tea bags
As part of an initial run, the new tea bags have been made using a new material that is 100 per cent plant-based and 100 per cent renewable. Unilever tea brand PG Tips will move to fully biodegradable, plant-based material in its tea bags over the course of 2018. As[Read More…]
FSSAI has recently released DART [Detect Adulteration by Rapid Test] – a book that helps home testing of food products to detect adulteration.
Efficient training of Food handlers and household people is essential with awareness for tracking adulteration and prevention of its harmful effects. FSSAI has recently released DART [Detect Adulteration by Rapid Test] – a book that helps home testing of food products to detect adulteration. Efficient training of Food handlers and household[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…]
Herbalife launches $90M fund to accelerate China growth
The company claims that it has adopted a different business model in China. American nutrition supplements company Herbalife Ltd. has created a China Growth and Impact Investment Fund to accelerate growth of its business in China. The RMB600 million ($90 million) fund will focus on five key areas: new acquisitions[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…]