Archives for February 26, 2003

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Functional drinks are the future

Functional soft drinks are no longer confined to obscure avenues of soft drinks consumption and are steadily edging towards the mainstream, according to a new report.

Health Sciences buys QBI

The Los Angeles-based Health Sciences Group has bought nutritional ingredients manufacturer Quality Botanical Ingredients (QBI) for an undisclosed sum, marking its third acquisition in just over a year.

Non-GMO soy range from Spectrum

Illinois-based food manufacturer Spectrum Foods has developed a new line of non-GMO and organic soy ingredients to be sold under the Nexsoy brand name.

Health potential driving water sales

Increasing awareness of the need for proper hydration and other potential health benefits of drinking bottled water are driving market growth in the UK, but there is still a long way to go before Continental consumption levels are reached.

Beer: healthy, up to a point

The UK's Advertising Standards Authority has warned a British brewer against advertising its beer as part of a healthy diet.

Vitamins unit proves costly for Roche 2002

Reporting its results for 2002, Swiss pharmaceuticals group Roche said the sale of its vitamins division and legal settlements with US customers in the vitamin case will result in significant one-time charges and a net loss of SF4 billion (€2.7bn).

US frozen sector gives new rules the cold shoulder

Warning of American job losses, a white paper issued today by the American Frozen Food Institute (AFFI) describes specific scenarios under a country of origin labelling regulation that would dissuade frozen food makers from using domestic produce and...

Glowing 4Q for Bunge

The world's largest processor of soybeans, US company Bunge, said on Tuesday that fourth-quarter net income had more than doubled, reflecting the acquisition of French rival Cereol last year and healthy growth across all its businesses.

End of the road for Wrigley's functional gum

Chewing gum maker Wrigley has announced that it is to stop shipping its Surpass Antacid chewing gum, designed to offer relief from heartburn, with effect from 28 March 2003.