News by tag: Food and Beverage

27.04.2017

When a degree influences your diet

The way shops advertise different types of food can have a big impact on the quality of your diet , according to a new RAND Corporation research, a US nonprofit institution.  Studying people who live in areas considered to be food deserts, researchers found that more frequent shopping at convenience and neighborhood stores and being younger, male, without a college degree and receiving government food assistance were associated with greater intake of sugar-sweetened beverages, added sugars and discretionary fats. Being older, male and having a college degree were associated with eating more fruits and vegetables.

 
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20.04.2017

Nestlé confirms outlook while sales growth slows in Q1

Food group Nestle has confirmed it aims to grow underlying sales by 2-4% this year after growth slowed in the first quarter, hit by weak consumer demand for packaged foods and a deflationary environment. Underlying "organic" sales growth at the maker of Buitoni pasta and Maggi soups slowed to 2.3 percent in the first quarter, from 3.9 percent in the year-ago period that included one more trading day and an earlier Easter, the group based in Vevey on Lake Geneva said in a statement on Thursday. This was in line with forecasts in a Reuters poll. Consumer goods groups face challenges as increasingly health-conscious consumers often prefer fresh produce to packaged foods.

 
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12.04.2017

Barry Callebaut to outperform the market in the next months

The Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and cocoa products, saw sales volume growth picking up to +3.5% in the second quarter (first quarter -0.4%), leading to a topline growth for the first six months of fiscal year 2016/17 of +1.4% to 946,782 tons. This contrasts with the -2.1% decline of the global chocolate confectionery market during the same period (Nielsen, Aug 2016-Jan 2017). "Markets are difficult everywhere, particularly in confectionery in the United States," Chief Executive Antoine de Saint-Affrique told reporters on a call on Wednesday, adding he expected to see an improvement in Europe this year and expected the good momentum for the company to continue. 

 
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27.03.2017

Switzerland prolonged ban on meat from Brazil, as many countries in the world

Switzerland has extended a ban on Brazilian meat to 21 processing plants from four as part of Europe-wide safety measures, Swiss authorities said on Sunday. EU veterinary experts recommended reinforced checks on imports of meat from Brazil on Friday after an investigation began there into bribery of food inspectors. The moves are in response to a scandal that emerged last weekend, in which authorities in Brazil suspended over 30 government following allegations that some of the country’s biggest meat processors have been “selling rotten beef and poultry for years”.

 
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24.03.2017

Hungary wants to ban Heineken's Red Star

The Hungarian government is allegedly backing out of a draft bill that would ban the use of what it calls “totalitarian symbols” for commercial purposes. It will go to extreme lengths to achieve its goal, which may have consequences for Heineken, because the brand’s iconic red star is a target. Under the bill symbols such as the swastika, the arrow cross, the sickle and hammer and the red star would be banned for commercial use 30 days after it is approved by Parliament. Violating the ban after January 1, 2018 would constitute a criminal offence. Anyone in breach of the proposed law could face a fine of 2bn forint (€6.5m) and two years’ jail.

 
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23.03.2017

European patents on beer? No, thanks

Last week a team of civil society organisations, included swiss Pro Specie Rara, Swissaid and Public Eye,  started a public appeal to politicians and demand that effective prohibitions are put in place to stop the granting of patents on plants and animals derived from conventional breeding. The protest is targeted at patents granted by the European Patent Office (EPO) in 2016 to the brewing companies Carlsberg and Heineken. The patents claim barley derived from conventional breeding, its usage in brewing beer and the beer produced thereof. However, the patents are simply based on random mutations in the plant's genome. 

 
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08.03.2017

Nestlè to close centenary factory in Austria within 2018

Nestlé Austria has announced plans to close its production facility in Linz by March 2018, as part of an 'ongoing evaluation' of its portfolio. The factory, which has been operating for nearly 140 years with an output of roughly 6,000 tonnes of food products, has been effected by changing consumer trends which have affected demand. The factory in Linz specialised in products for its business to business division. On 7 March, the management informed the plant's 127 employees of the decision, and is collaborating with the Works Council and employee representatives to find 'socially acceptable solutions'.

 
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07.03.2017

Lindt continues his "sweet" growth despite stagnating chocolate markets

High-end Swiss chocolatier and confectionery company Lindt & Sprüngli grew at a faster pace than the overall chocolate market last year, according to the company’s latest financial results.  Although the group is at the top end of the market, which would give it some margin for manoeuvre on prices, the race to cut costs within the industry still took its toll.

 
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23.02.2017

Nestlé to focus on reducing sugar programm in its products

A report released by the Maltese Presidency and the European Commission on Wednesday says that childhood obesity should be tackled at an early stage and that schools can play a positive role in encouraging healthy eating habits. “Considering the amount of time that children spend at school, as well as the fact that in many European countries students consume at least one daily main meal there, schools are an ideal environment for supporting healthy behaviours,” the report states. Childhood obesity in Europe is increasing: in 2010, about one in three European children between the ages of six and nine were overweight or obese, while 2008 estimates were only about one in four.

 
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01.02.2017

Food and Beverage: Switzerland the most expensive in Europe

The statistical office of the European Union has taken a survey of 440 comparable foods across Europe to create an index of food, beverage, and tobacco prices categorized by nation. According to purchasing power, their 2015 data concludes that Switzerland has Europe's most expensive food and drinks. They're followed closely by Norway, Denmark, and Iceland. For fruit and vegetables, including potatoes, Switzerland is the most expensive country in the EU, then Denmark and Ireland.

 
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