Russian authorities have placed Danone’s Russian subsidiary under ‘temporary external administration’. Baltika Breweries, in which Carslberg owns a stake, is now also under Putin’s control.
The Russian invasion of Ukraine this morning is expected to have little effect on the supply of ingredients to the dietary supplement industry in the near term. The picture for companies selling finished products within the two countries is less clear.
Global food and nutrition firm Nestlé is looking to strengthen its position in the Russian infant formula market, in addition to supporting sport in the Eurasia region with its first infant nutrition production facility.
Researchers in St Petersburg say the majority of Russians see a ‘proper meal’ primarily in terms of health and nutrition, but do not have regular access to it.
Two Danone plants in Russia are closing as the company rearranges its capacities in both Siberia and the Volga region as part of its production optimization program.
A Russian money laundering investigation that yesterday culminated in a search of Valio's St Petersburg office has "no relation" to the activities of the Finnish dairy, says the agency behind the raid.
The Russian Prime Minister Dmitry Medvedev has announced a complete ban on the import of beef, pork, fruit, poultry, cheeses and milk from the EU, US, Australia, Canada and Norway, according to Russian media.
Political instability in the wake of Russia’s annexation of Crimea from strife-torn Ukraine negatively impacted an ingredients event in Moscow in March, according to leading supplier BASF.
Sales of probiotic drinking yoghurts like Yakult and Danone Actimel are flatlining or dropping in most western European markets, and even in Japan where the concept was born, but BRIC markets are surging, and spoonables are shining brighter.
Emerging Swiss carotenoids and vitamins player Divis Nutraceuticals has signed a pan-European distribution deal with fellow Swiss chemicals specialist, Omya International, with particular growth potential seen in former Soviet Union markets like Russia.
Russia’s probiotic market that has shown annual growth rates of around 50% in recent years and settled closer to 10%, is benefitting from medical profession support, according to a leading paediatrician.
Fortitech Europe said it has teamed up with distributor, KUK, to develop fortification opportunities with food and beverage manufacturers in Russia and Eastern Europe.
The high potential of the Russian market is no longer centered solely on Moscow and St Petersburg, according to National Starch Food Innovation, but prosperity in the regions is opening up broader opportunities.
Investment from local, Western and Chinese companies as well as wealthier, increasingly well-educated consumers are driving rapid growth in the Russian food supplements market.
“Food is a weapon – don’t waste it.” This message, which featured on a Second World War poster issued by the US Office of War Information in 1943, is a lesson from history we would do well to heed.
Increasing consumer power in Russia is drawing food and beverage
manufacturers to set up base in the country - which, in turn, is
opening opportunities for ingredients suppliers to do more business
in the emerging market.
Russian healthy food producers Wimm-Bill-Dann has increased its
presence by taking over a dairy producer in Georgia, which will
help supply markets in Armenia and Azerbaijan.
Orafti is expecting considerable growth in sales of its Beneo
prebiotic ingredients in Russia, after six years of ground work and
building up recognition in the local marketplace.
Raisio is gearing up to launch its Benecol brand of plant-stanol
containing foods in Russia - a challenging market where obesity and
cardiovascular disease levels are high but awareness of the dangers
of high cholesterol is low.
Finnish dairy company, Valio is working with Russian company
Galaktika to build a new dairy facility in Russia to meet growing
consumption of dairy products.
Russia could provide supplement and health food makers with
attractive opportunities, particularly in the light of a recent
warning from the World Bank.
Danish ingredients giant Chr Hansen, currently on its 'magical
sensory tour' across Eastern Europe, has unveiled new products in
Russia to inspire local manufacturers, Angela Drujinina
reports.
Russian authorities are set to readmit Polish dairy exports,
according to unconfirmed reports appearing in the Polish press last
week, but will this be enough to satisfy overseas investors?
asks Tom Armitage.
Swedish manufacturer Semper aims to increase exports of baby food
to Russia, as the market there is growing much faster than in many
other countries, writes Angela Drujinina.
Nature's Sunshine Products, the US manufacturer and marketer of
encapsulated herbs and vitamins, has reported a slight rise in
sales for the final quarter and full year 2001.
Lower crude soyoil prices are not tempting west European consumers,
who continue to prefer other soft oils that do not contain
genetically modified organisms (GMOs), dealers said on Friday.