The Egyptian and Saudi markets are growing “exponentially” for bespoke integrated food processing systems despite unstable political circumstances. According to global kit supplier TNA, there was particular demand for equipment that could handle coated nuts as appetite for such products takes off in these countries. Bachar Ghadri, TNA general manager, Middle East, said: “The snack...
Category: Business
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Slower consumption rates
Consumers enjoy products more in the long-term as long as they are not overused or over-consumed when purchased. According to new research, consumers almost always choose to munch food products too rapidly, meaning they quickly grow bored of initially well-liked foods and snacks. Jess Galak, of Carnegie Mellon University, USA, revealed that overly zealous consumption...
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Wheat prices expected to rise
Wheat prices are expected to rise after a US drought affects the maize market putting pressure on wheat supplies and export concerns in Russia. Jack Watts, senior market analyst for the Agriculture and Horticulture Development Board (AHDB) and the Home Grown Cereals Association (HGCA) said more wheat would be used in the feed industry, constraining...
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High Chewing Gum Rates
Kanter Media’s research has revealed the list of countries that consume chewing gum more than anywhere else in the world, helping manufacturers choose their geographic focus. Kanter discovered that levels in the Middle East were higher than any other region in the world with Iran and Saudi Arabia being the most frequent consumers. Consumption rates...
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Nestle builds more branches
Food giant Nestle has opened up two brand-new plants in South Africa, one of which will manufacture Milo and Cheerios breakfast cereals. The new 16,000 square metre factory in Babelegi in Gauteng province will produce Milo and Cheerio cereals locally. These products were already being imported from before. With the new plant, seventy people will...
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Shanghai Stock Exchange plunged more than 4%
The Shanghai Stock Exchange plunged again Friday, ending a fall of more than 4%, whereas if the big bellows concerns over persistent weaknesses of the Chinese economy after the publication of a manufacturing indicator to the lowest in six years. The Shanghainese composite index dropped 4.27% or 156.55 points to 3507.74 points in a trade...
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Treatt introduces 100% natural coffee flavours
Flavour ingredient company Treatt introduced new flabours with 100% natural coffee flavours in order to emulate authentic roasted beans. The coffee flavours – Full Roast 9780 and Coffee Treattarome Mellow 9781 – are part of the company’s range and are distilled from Arabica coffee. The firm says the resulting flavours are especially effective when incorporated...
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Walmart publishes disappointing figures
With net profit fell sharply in the second quarter 2015-2016, the global leader in the distribution is in decline. Walmart announced revise its forecasts downwards August 18, 2015. Net profit down, international sales declined: Walmart announced disappointing Q2 figures for 2015-2016 in a press release dated August 18, 2015. The retail giant posted net income of 3.48 billion dollars,...
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Natra reveals new granulated chocolate product
Spanish ingredients producer Natra has revealed a new granulated chocolate product that will form a ‘new generation’ of powdered chocolate for the industry. Specialising in manufacturing and delivering cocoa-and chocolate-derived products, the company developed a new ingredient as a solution for producers who wish to use a chocolate powder that retained key features and tastes...
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Kuraray acquires MonoSol
Japanese firm Kuraray has acquired MonoSol, a company specialising in dissolvable food packaging. The deal for an unrevealed amount had been given the thumbs-up after it was initially announced on 22 May. Kuraray said the move was aiming to become a “total global leader in the poval film business, not only for optical uses but...