Business news

 

Coffee market chilled out

While the ready-to-drink or iced coffee market is relatively mature and showing only modest growth in much of Asia, levels of interest elsewhere in the world appear to be growing, according to Innova Market Insights. This is not only in the relatively well-established US market, which is the number two global market after Japan, but […]

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Pledge to double industry apprenticeships

The UK’s food and drink manufacturing industry has pledged to create career opportunities and upskill its existing workforce by doubling the number of apprentices in the sector. The announcement was made by BBC TV’s The Apprentice winner Tim Campbell (pictured) at the Food and Drink Federation’s recent Community Partnership Awards. He highlighted the fact that, […]

UK food and drink exports soar

UK food and non-alcoholic drink exports grew to £5.8 billion (€6.7bn) in the first half of 2011 – a rise of over 13 per cent on the same period in 2010, according to new figures from the Food and Drink Federation (FDF). Exports to the EU increased by 12.6% to £4.4 billion (€5.1bn) with the […]

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ACT in Sinosweet partnership

ACT (Atlantic Chemicals) has announced a new partnership with China’s largest aspartame manufacturer Sinosweet. The new partnership will see Sinosweet UK become a wholly owned subsidiary of the ACT group, and gives ACT the exclusive sales and marketing rights for Sinosweet’s complete product range in the UK and Irish markets. According to ACT’s UK and […]

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Wild about exotic fruits

Capitalising on current consumer interest in exotic fruits, Wild has introduced a new product range. The four different varieties in the range include the African mix, with exotic marula and pink guava from; the Asian mix, featuring Alphonso mangos from India, with lychees, tamarinds and coconut water; a Caribbean medley of red grapefruit from Cuba […]

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Food sector manufacturing on the up

The UK food and drink industry has bucked the general trend of declining manufacturing output with a 0.5% increase in June 2011 compared to the same month in 2010, according to new figures. The Office for National Statistics results published this week show that while food and drink production output increased, the figures are in […]

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Hong Kong to host Vitafoods event

Vitafoods Asia will make its debut at AsiaWorld-Expo, Hong Kong from 7-9 September, as organisers respond to the growing pan-Asian nutraceutical, functional foods and functional drinks market. The event will provide the perfect platform for visitors from countries such as China, Japan, Thailand, Vietnam and Cambodia and is a must-attend for anyone in the industry […]

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TreattSweet ‘smoothes out sweetness profile’

Flavour and ingredients firm Treatt has launched TreattSweet, an ingredient it claims ‘improves the sweetness and transforms the flavour’ of products sweetened with Stevia and other sweeteners. This product is a blend of all-natural essences that imparts desirable flavour and mouthfeel, while smoothing out the sweetness profile and undesirable lingering characteristics associated with certain sweeteners, […]

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JF Hillebrand drinks to logistics award

Global specialist logistics provider to the wines and spirits industry, JF Hillebrand, has again been declared Logistics Company of the Year in the annual Drinks Business Awards 2011 ceremony held in London last week. JF Hillebrand, winner of the prestigious award in 2010 and in five of the past seven years, was recognised for the […]