Keyword » global

ABF posts positive trading update

Associated British Foods was upbeat about its UK bakery, sugar, ingredients and cereals businesses as it posted a trading update this morning, with underlying profit said to be “ahead of expectations”.

Hershey rejects Mondelez takeover bid

Mondelez International, owner of Cadbury, has had its latest £19bn takeover offer for US snack and confectionary manufacturer Hershey rejected and will now end its attempts to acquire the company.

Ancient grain markets to grow by over 20%

The global seed market is predicted to be worth £4.43bn by 2020, and ancient grain markets are set to experience a 20% growth, according to global market research and consulting firm Mordor Intelligence.

Sugar prices rocket

There has been a 37.9% increase in sugar prices year on year (yoy) due to concerns over dwindling supplies, according to the Food and Agriculture Organisation of the United Nations (FAO) price index.

New export guidance from FDF and FDEA

The new guidance for food and drink manufacturers from the Food and Drink Federation (FDF) and the Food and Drink Exporters Association (FDEA) is designed to help exporters compete in the global marketplace. 

Wheat prices expected to stay low

Wheat prices are expected to stay low, despite an estimated 1m-hectare reduction in global planting.

Pies for rail travellers on Global Scouse Day

Rail travellers across the UK will get a taste of Liverpool on 28 February.

Solvay launches two new flavours to “help reduce sugar”

Vanilla flavour manufacturer, Solvay Aroma Performance, has launched two new natural flavours.

United Biscuits (UB) has launched a Chinese eCommerce store
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UB launches Chinese eCommerce store

Biscuit manufacturing group United Biscuits (UB) has launched an eCommerce store for Chinese consumers on Alibaba Group’s Tmall Global platform.

Barry Callebaut posts profit dip, warns on year ahead

Global chocolate producer Barry Callebaut has warned about a “challenging” year ahead – after it saw its net profit decline by 5.9% to CHF240 million (£157m).

Key consumer trends were revealed at Taste Tomorrow London
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Global study identifies key bakery trends

A global study for Belgian ingredients manufacturer Puratos has unveiled key trends in the baking, patisserie and chocolate markets.

Callebaut’s European sales buck the global chocolate trend

Global chocolatier Barry Callebaut has seen sales volumes rise in Europe - outperforming the declining global chocolate confectionery market.

Gluten-free plans for Chaucer Foods

Chaucer Foods, a global ingredients producer, has spoken of its plans to expand into gluten-free bakery items by 2016.

Global summit to promote UK food exports

A global summit and a showcase of food and drink was held yesterday in a bid to highlight the UK success story in exports.

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