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Corbion profit rises, but sales dip 1%

AMSTERDAM — Operating profit increased 6% at Corbion NV in the fiscal year ended Dec. 31, 2023, but sales dipped 1% as the Amsterdam-based company’s business units evolved, dividing into core activities and non-core activities. Operating profit of €117 million…

Floral, nostalgic flavors named key flavor trends for 2024

ARNHEM, THE NETHERLANDS — Floral flavors and nostalgic palates with modern twists are likely to resonate with consumers in 2024, according to Innova Market Insights. The predictions come from Innova’s annual flavor trends forecast, which combines insights from global trends…

AAK launches AkoVeg | Food Business News

EDISON, NJ. — AAK has introduced AkoVeg 163-14. AkoVeg is a coconut oil and insoluble fiber flake product, which may enable formulators to produce a plant-based meat, which may contain less total fat and no cholesterol, according to the company.…

Economic pressure cuts into Campbell Soup sales

CAMDEN, NJ. — Campbell Soup Co. expects to complete its acquisition of Sovos Brands, Inc. in March, which bodes well for future quarterly financial results. In the second quarter ended Jan. 28, Campbell Soup had net earnings of $203 million,…

New York AG files lawsuit against JBS USA

NEW YORK — New York Attorney General Letitia James filed a lawsuit on Feb. 28 against meat giant JBS USA Food Co. and JBS USA Co. Holdings for allegedly misleading the public about its environmental impact. According to a press…

The global grains market is leaning bearish, for now

AVENTURA, FLA. — Domestically and globally, most grain and oilseed markets appear solidly bearish, but several underlying factors were keeping market “bulls” close at hand, said Stephen Nicholson, executive vice president and global sector strategist of grains and oilseeds for…

Corn, soybeans, wheat dip ahead of WASDE

Home » Corn, soybeans, wheat dip ahead of WASDE Source: Sosland Publishing Co. Recap for March 5 Corn, soybean and wheat futures could not sustain overnight bargain-buying rises and dropped lower Tuesday. Corn and soybeans hovered near three-year lows ahead…

Snack maker expanding in Michigan

LANSING, MICH. — Greece-based snack and baked foods company SnackCraft LLC, a subsidiary of Unismack SA, is planning to invest $29.9 million to expand its facility in Kentwood, Mich., according to economic development agency The Right Place, Inc. As part…

Concentrated version of Incredo sweetener now available

AUSTIN, TEXAS – Incredo, Inc. has launched Incredo Sugar G2, a concentrated version of Incredo, the company’s sugar-based sugar reduction system. The patent-pending Incredo Sugar G2 is available for companies in North America and Europe for use in baked foods,…

Certified organic 2024 – Changes ahead

CHICAGO — Much has changed in the US organic food and beverage sector since the US Department of Agriculture National Organic Program (NOP) was established in 2000. And 2024 will bring more changes, everything from stricter regulations to a growing…

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