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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.

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.

FSG deadline: July 20, 2016

SNE ‘increasingly concerned’ by impending EU specialised food laws

Europe’s biggest specialised food group used a meeting in Brussels this week to reiterate its call for “clear, evidence-based, and balanced legislation” as the 2016 kick-in date nears for EU laws governing...

Special edition: Inside Europe's food supplement markets

How much do you really know about the European supplements market?

Does bone health attract the most supplement sales in Eastern Europe? Who laid off 1000+ workers this month? How many reports of adverse effects has the French food authority had about...

‘Tough’ dairy industry hits Arla’s revenue

Arla Foods’s revenue has dropped 3.8% to £3.78bn (€5.12bn) during the first half of this year as a result of the globally declining milk prices creating a “tough” situation for...

‘Incubator’ steps aside as Danish probiotic start-up seizes control

After a few years of rapid growth the part owners of nascent Danish probiotics specialist Biocare Copenhagen have bought out the private and public investors that birthed it in 2012...

DSM reshuffle spells 1000+ job losses

Nutrition giant DSM has outlined organisational adjustments that will see 900-1100 jobs lost – half of which will be in the Netherlands.

Nestlé beats H1 sales growth target, but sees profits slip

Better-than-expected first-half sales growth has allowed the world’s biggest food company, Nestlé, to confirm its 2015 outlook despite poor exchange rates leading to decreased profits.

Alternative proteins, delivery tech dominate M&A activity; supplements trail off

The Nutrition Capital Network reports that mergers and acquisitions activity in branded natural and organic food & beverage companies is on a record-setting pace for 2015. In addition, NCN reports...

EFSA loses right to keep experts secret

The European Food Safety Authority (EFSA) has lost its right to keep the names of contributing expert commentators a secret – a European Court of Justice (ECJ) ruling that could...

News in brief

UK ingredients player expands to US, questions Chinese quality

UK-based ingredients distributor Direct Food Ingredients has opened an office and warehouse in Los Angeles where it will focus its activities in nutraceuticals and sports nutrition and push its quality...

Could Scottish seaweed be the next Scotch whisky?

The Scottish seaweed industry seems set to boom as the country's government prepares an expansion policy and company Mara Seaweed seeks over €700,000 to take its condiments global.

Supplements save public health money: Review

Using food supplements in care homes and the wider community could spell big public savings, say the researchers behind a review of 19 papers.

UK supplier quadruples capacity as nutraceutical business booms

UK supplier Cambridge Commodities Ltd (CCL) has moved into new facilities that take its pallet capacity from 2300 to more than 9000 as its nutraceutical business surges from its base...

Nestlé set for 1,800-strong epigenetics study on maternal diet & infant genetics

Nestlé and the EpiGen Global Research Consortium are to begin work on an 1,800-strong epigenetics study into the impact of maternal diet on infant genes and health – something the company claims...

Global ‘graded’ nutrition & health claim system needed: Review of 28 jurisdictions

A harmonised system of graded nutrition and health claims depending on the product and consumer impact would be ‘preferable’ to current global disparity, say researchers behind an international review of...

Fatty liver disease is a major untapped opportunity for nutraceuticals; platform established

Research, focus and regulatory cunning will be needed if the nutraceutical industry is to tap into the relatively unexplored area of non-alcoholic fatty liver disease (NAFLD), says the consultancy firm...

Austria could face EU court action for direct selling ban

Austria could be taken to the European Court of Justice (ECJ) over its ban on doorstep sales of products like food supplements, the European Commission says. 

‘Ancient, mystical fruit’: Nestlé patents pomegranate skin extract for metabolic syndrome

Nestlé has filed an international patent for pomegranate skin extract as a strategy against metabolic syndrome, in particular fatty liver disease. 

VitHit vitamin drink takes simple health message global

Simple health branding and attractive flavours are what will take vitamin drink VitHit global, its founder and director says.

Insect protein market has enthusiasm & sustainability – now it needs a business plan

The insect protein market has been relying on its youthful enthusiasm and faith in sustainability but it needs a solid business plan to move forward, says Invenire as it seeks...

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