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Financial plays

Financial plays

Digging below the bottom lines of ingredients suppliers and brand behemoths. From the impact of the ongoing economic slowdown to the latest in merger and acquisition activity.

‘Think outside the shake’: Protein Pow takes protein home baking to supermarket shelves

UK start-up Protein Pow has secured a host of retail listings including Tesco for its home-baking nutrition powders.

First ever micronutrient group to push supplement issues in UK parliament

The UK has launched an All Party Parliamentary Group (APPG) on micronutrients and health, something the Health Food Manufacturers’ Association (HFMA) said would help bring nutrition to the forefront of discussions...

Holland & Barrett results a bright spot for NBTY as it posts razor-thin overall sales gain in 2015

NBTY recorded $3.23 billion in net sales in its fiscal year ended Sept. 30, 2015. That total represented a razor-thin gain from the previous, disappointing year but nevertheless was a...

Dutch start-up bags DSM funds for immune ingredient ‘shelved’ by Unilever

Dutch start-up Nutrileads has secured seed financing from four investors including DSM, which it plans to use to develop an immunity ingredient previously developed by Unilever.

Naturex CEO: “There is already quite an interesting list of first contacts.”

Naturex takes Barry Callebaut cocoa flavanols to the supplements aisles

Swiss Chocolate titan Barry Callebaut has handed the job of taking EU heart health claim winning cocoa flavanols to the supplements sector to French herbals leader Naturex.

exclusive guest article

The state of the health and wellness market in 2015

Is organic still selling? Does the 'natural' trend mean fortified/functional food is now passé? And why are consumers turning their noses up at better for you (BFY) offerings? Ewa Hudson,...

EU misspent €6.3bn in 2014

The EU misspent €6.3bn in 2014 overall, according to a report from the European Court of Auditors that called for change. 

Pulp fiction?

Orange crush: Carrot waste finding fibre future

A new fibre ingredient derived from carrot waste pulp offers a level of water absorption that is unlikely to be improved on, its producer says.

Exclusive interview: Simon Coveney, Irish Food & Agriculture Minister

Irish government sticks to milk mining guns as prices plunge

Seven years ago the Irish government backed a collaborative industry-academic milk mining project to add value to the country’s dairy sector. Some have questioned why commercially usable research results have...

DSM eyes brands, private label; will cut 100 nutrition jobs

DSM will cut 100 nutrition jobs as part of efficiency plans on top of the 900-1100 job losses elsewhere already announced as it set out goals that include greater interest in brands and...

EFSA hands over names attached to expert comments

The European Food Safety Authority (EFSA) has handed over details of which working group members made what changes to a draft document on pesticides following a European Court of Justice...

Use our botanical and we’ll pay for the health claim, Spanish firm promises

Spanish botanical firm Monteloeder has promised to invest €600,000 in helping its clients launch products containing its MetabolAid if it wins a €2m EU innovation grant.

Poland clamping down on misleading supplement ads

Polish health and competition authorities have sent warning letters to 315 supplement companies as a first step in a multi-agency crackdown on the misleading marketing of supplements. 

First Milk’s £25M pre-tax loss ‘not acceptable’

First Milk suffered pre-tax losses of £25M in the year to March 31 2015 as the farmer-owned co-operative struggled to cope with the dairy crisis.

3 ways ‘shocking’ Italian botanical ruling has voided the health claim regulation

Italian courts have defended a botanical company’s right to make AIDS and Alzheimer’s disease claims – overturning a previous ruling from its national competition authority and potentially voiding the EU...

AI peptides start-up attracts €2.9m investment

Irish start-up Nuritas secures $3.2m (€2.9m) in international investment for its peptide-discovering platform.

Exclusive interview

EFSA’s Bernhard Url: Science should reserve one private room for open debate

Since taking the European Food Safety Authority (EFSA) throne last summer, Dr Bernhard Url has become something of a pin-up boy for the so-called new ‘open EFSA’. But how far exactly is...

live from EFSA's 2nd scientific conference, Milan Expo

Could EFSA follow EMA in its open trial data policy?

There is increasing pressure for the European Food Safety Authority (EFSA) to echo the policy of its pharmaceutical cousin the European Medicines Agency (EMA) to publish clinical trials from industry dossiers.  ...

Damning fish oil sustainability report lacks ‘nuance’, says GOED

Comparing the sustainability of fisheries is important but this can miss subtle differences in stock health, Adam Ismail, the executive director of the Global Organisation for EPA and DHA Omega-3s...

EFSA delivers long-awaited safety assessment despite data craters

EFSA on insects: Pathogens harmful to humans most likely from farming

The European Food Safety Authority (EFSA) has said insect pathogens potentially harmful to humans are most likely to come from rearing and processing not intrinsically associated with the insect itself...

Over 1/3 of fish oil fisheries poorly managed: Report

Over one third or 3.5 million tonnes of fish stocks destined for fish oil supplements are ‘poorly managed’, a sustainability report of 24 fisheries has found. 

News in brief

European fermentation firms unite

French yeast and cultures specialist Lesaffre has taken a majority share in Italian fermentation biotech firm Gnosis.

ASA ruling

Weetabix ‘proper breakfast’ ad doesn’t infer health benefit, says UK watchdog

The UK’s Advertising Standards Authority (ASA) has rejected a complaint that a Weetabix ‘proper breakfast’ advert implied the product was good for overall health.

EFSA report suggests sports food is normal food

The European Food Safety Authority (EFSA) has published a key opinion on sports foods, which some say backs the idea that sports food should be considered ‘normal’ not specialist.

Revenues and gross profit up

Science in Sport reports €1.4m H1 loss as marketing spend rockets

UK nutrition firm Sciences in Sport made a €1.4m first-half loss before tax as a result of heavy marketing investment, but saw revenues rise 19% to €7.1m, the company announced.

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