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Glanbia acquires Watson for US$89m, reports strong 2018 growth

Glanbia has agreed to acquire Watson a non-dairy ingredient solutions business headquartered in Connecticut (US) for US$89 million (€78.65 million). Watson is presented as a highly complementary addition to Glanbia’s Nutritional Solutions business and will help broaden their capabilities in the ingredients sector. The company is a manufacturer and supplier of high-quality custom nutrient premix, […]

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Rigid packaging market for food and beverages rise remarkably over 2021

Packaging is the process of enclosing or protecting the finished food products for distribution, storage, sale and end-use. Rigid packaging has gained its important in food and beverage industry as it provides long shelf life to the packaged food items. Rigid packaging container includes bottles, cans, ampules, aerosol containers, aluminum bottles and jars among others. […]

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Anthocyanins may inhibit the growth of colon cancer

Red grapesResearchers at the University of Illinois at Urbana-Champaign have been conducting studies that reveal the potency of plant foods against inflammation and chronic diseases. Based on the premise that a high intake of vegetables and fruits is associated with a lower risk of colorectal cancer, university researchers conducted an in vitro study to determine […]

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Kerry Group confirms Ganeden acquisition, updates medium-term growth targets at Capital Markets Day

Kerry Group has confirmed the acquisition of US-based technology and innovation company Ganeden at a Capital Markets presentation, which is being held today. The presentation also updates the group’s medium-term growth targets and objectives. Kerry points out that the newly acquired probiotics manufacturer Ganeden, based in Cleveland, Ohio, with current year revenue of approximately US$25m, […]

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Fruit-based prebiotic: A viable dairy alternative for probiotic foods and drinks?

Pectin and pulp extracted from passion fruit makes an effective probiotic food carrier, research finds as it demonstrates properties that stimulate probiotic growth and survival in the gut. Brazilian scientists point to this food matrices as a genuine alternative to industrial probiotic foods, which have traditionally been dairy products. By using components of fruit as […]

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Barry Callebaut accelerates company growth by acquiring D’Orsogna Dolciaria

Barry Callebaut is set to acquire D’Orsogna Dolciaria, which will further strengthen its capabilities in the company’s specialties and decorations business, in particular in Europe. D’Orsogna Dolciaria, a family-owned Italian business-to-business company, is known as a leading supplier of high-quality decoration and inclusion solutions mainly for Food Manufacturers, in particular for ice-cream, dairy and bakery […]

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Frutarom Industries to acquire Unique Flavors of South Africa

Israel-based Frutarom Industries has agreed to acquire Unique Flavors (Pty) Limited of South Africa for ZAR90m ($6.7m). The purchase deal includes a mechanism for future consideration depending on Unique’s future business performance. Frutarom will integrate the R&D, sales and marketing, purchasing, production and supply platforms. Unique’s management, led by the activity’s CEO, will be integrated […]

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Bord Bia and confectionery exporters seek new international customers at ISM 2017

Bord Bia and confectionery exporters are aiming to increase demand for Irish confectionery at this week’s International Sweets and Biscuits Fair (ISM) in Cologne, Germany, the world’s largest trade fair for the confectionery and snacks industry. European and International customers drove demand for Irish chocolate and bakery products last year recording growth of 3% and […]

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Global anti-counterfeiting solutions growing to protect brands and consumers

With counterfeiting predicted to increase three percent per year worldwide, PACK EXPO East is uniquely positioned to present solutions for brand owner. Globalization is creating an increasingly complex, continuously growing supply chain. With more suppliers and more products coming from different countries, it is critical to identify, capture and share accurate product information. In this […]

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Global food encapsulation market projected to reach US$ 5,464.6 mn by 2020: FMI

Future Market Insights (FMI),with sharp focus on emerging regions, delivers key insights into the global food encapsulation market in its recent report titled, “Food Encapsulation Market: Global Industry Analysis and Opportunity Assessment 2015 – 2020”. According to the report, the global food encapsulation market is projected to witness a single-digit CAGR of 9.4% during the […]

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Growth of the halal industry

Malaysia is in the final round of its sprint to become a developed nation by 2020. As we are reaching that defining moment, there are more challenges that we will be facing which requires proactive measures by both the government and the private sector. The Malaysian government has developed and created policies and action plans […]