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Goodman Fielder ups bakery prices thanks to better retail relations

Australian food firm Goodman Fielder said that thanks to better dialogue with its retail partners, agreed price increases across its bakery arm will help boost business further.

French Senate rejects palm oil tax

The French Senate rejected its so-called ‘Nutella tax’ on Thursday, which aimed to quadruple the tax on palm oil, a key ingredient in the hazelnut-chocolate spread.

India’s lift on egg ban brings welcome relief to baking industry

An Indian state bakery association has welcomed the country’s move to lift its ban on eggs and poultry from two important supply states.

Q3 wrap: Nutrition stars for DSM and Naturex

Royal DSM saw Q3 sales slip 7% to €2.3bn across all divisions with polymer intermediates performing worst, but as has been the case in recent quarters, the Dutch firm’s nutrition cluster held firm with 1% organic growth in difficult economic times.

Greenpeace urges food companies to check palm oil suppliers' sustainability score

Greenpeace has published a scorecard rating palm oil producers’ sustainability efforts, in order to provide food and other consumer goods companies with better information about how their palm oil is produced.

India’s bakery sector creating new opportunities for ingredient makers

Ingredient makers have been finding increasing opportunities in India’s bakery market, with consumers’ changing lifestyles driving the recent phase of growth.

Australian retailers under fire over private label imports

Australia’s marquee retailers are drawing criticism after a survey revealed many players are relying heavily on imported food products.

Goodman Fielder closes more bakery doors

Struggling food firm Goodman Fielder will add further factories to its string of closures as it desperately tries to slash costs and consolidate business.

Latin America and Asia to dominate global bakery

As bakery growth flattens in Western economies, Latin America and Asia Pacific are two emerging markets that are set to dominate global bakery growth, an analyst suggests.

Voluntary bread folate policy hailed by industry

Industry leaders have hailed New Zealand’s decision for voluntary folic acid fortification in bread.

GrainCorp plans oils empire after double acquisition

Australasian food processing major Goodman Fieldr has inked an agreement to sell Integro, its commercial oils business, to a consortium comprising of GrainCorp and Gardner Smith.

News in brief

Taiwan invests in bakery sector

Local reports suggest Taiwan is investing in efforts to significantly boost its bakery industry; promoting innovation and use of local ingredients.

Connell goes local in Australia and New Zealand

Going local and cost savings have driven ingredients marketer and distributor Connell Brothers to open a new food application facility in Australia.

China’s breakfast table: A local affair

Manufacturers targeting China’s breakfast market need to realize it is a local taste affair if they are to capture consumers, according to Mintel.

Oz cereal makers form regulation-facing alliance

The top Australian food industry body has formed an alliance of the country’s cereal makers with an eye on health and nutrition regulations for the growing industry.

Filipino legislator seeks trans fats law rewrite

A Philippines lawmaker has introduced a new bill in the country’s Congress that would make it mandatory for food makers to label food products containing industrial trans-fatty acids (TFAs).

Chinese companies strike deal to buy $50m of Blue Diamond almonds

Californian almond giant Blue Diamond has struck a deal with the China Chamber of Commerce to supply Chinese firms with $50m worth of almonds in the next 12 months.

Chinese challenges: Sparking growth in a slowing FMCG sector

Manufacturers must refocus efforts on Tier III and IV cities in China and delve into e-commerce to re-ignite consumer spending in the fast moving consumer goods (FMCGs) sector amid a slow, according to analysts.

Costly bakery consolidation and rocky conditions hit Goodman Fielder

Struggling Australian food firm Goodman Fielder has lowered its full-year 2012 (FY12) earnings forecast as costly restructuring of its baking units and rocky trading conditions slam revenues.

Britannia to launch healthier breads in India

Indian food giant Britannia Industries will target the healthy foods segment for its next stage of growth, starting with healthier bread.

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