Australia’s marquee retailers are drawing criticism after a survey revealed many players are relying heavily on imported food products.
Struggling food firm Goodman Fielder will add further factories to its string of closures as it desperately tries to slash costs and consolidate business.
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.
Industry leaders have hailed New Zealand’s decision for voluntary folic acid fortification in bread.
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.
Local reports suggest Taiwan is investing in efforts to significantly boost its bakery industry; promoting innovation and use of local ingredients.
Going local and cost savings have driven ingredients marketer and distributor Connell Brothers to open a new food application facility in Australia.
Manufacturers targeting China’s breakfast market need to realize it is a local taste affair if they are to capture consumers, according to Mintel.
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.
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).
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.
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.
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.
Indian food giant Britannia Industries will target the healthy foods segment for its next stage of growth, starting with healthier bread.
Emulsifier and stabilizer specialist Palsgaard has commenced work on its US$30m production plant in Malaysia; chosen for its raw material access and strong logistics, the CEO said.
Belgian bakery ingredients firm Puratos has a new manufacturing and innovation centre in China that will be dedicated to developing products for the local Asian taste requirements.
China’s trend towards natural ingredients with health benefits should ensure the success of Ingredia’s chia product for bakery, the firm has said.
Mandatory use of iodised salt in bakery across New Zealand has improved iodine deficiency levels in children, according to a ministry report.
Australian food firm Goodman Fielder is fusing its bakery business with three site closures as part of a strategic reorganisation of its business to reduce costs and improve efficiency amid struggling sales.
Neither enzymes, starches, hydrocolloids or sourdough can be used alone to replace gluten to improve the quality of gluten-free breads, according to a recent study review.