Wednesday, 13 May 2015

Global Agri, Health & Food updates - 14May'15 !

1. Packaged water consumption levels are set to soar above carbonated soft drinks for the first time this year, according to figures from Canadean’s global beverage forecast data.

2. Botanical ingredient experts are not surprised by a recent report on the association of green tea extracts with liver toxicity.

3. Broccoli’s ‘superfood’ status has been elevated, following findings from the Institute of Food Research (IFR) claiming a new variety could reduce low-density lipoprotein (LDL) cholesterol.

4. Star performances from the fast-moving world of food nutrition were celebrated this week in the inaugural NutraIngredients Awards, staged at VitaFoods Europe, Geneva, Switzerland.

5. Belgian olive oil extract supplier BioActor has inked a deal with the world’s biggest food firm (Nestle) to develop products based on bone health benefits.

6. The German Fairtrade market is the most dynamic globally, as growth in certified products spiked by more than a quarter in the past year, says TransFair chief .

7. The food industry – the most water-intensive business on earth - is unprepared for global water shortages, according to a report which ranks the best and worst offending companies for their water management.

8. The EU and Mexico will strengthen economic ties by modernising their Free Trade Agreement, announced EU trade commissioner and the Mexican economic minister yesterday.

9. he Organic Trade Association and the GRO Organic Core Committee submitted to the USDA May 12 a petition to launch an organic check-off campaign that, if approved, could raise more than $30 million annually to promote and support the industry in the U.S.

10. Claims that much of the extra virgin olive oil (EVOO) sold in US supermarket is not ‘extra virgin’ at all are hardly new. But the fact that many retail buyers are effectively turning a blind eye to such widespread fraud is immensely frustrating for companies that are playing by the rules.

11. US sales of specialty foods blasted through the $100bn barrier in 2014, with retail ($85.5bn) and foodservice sales ($24bn) combined hitting $109.5bn, up 10.3% on 2013 sales of $99.3bn, according to a new report from the Specialty Food Association using data from Mintel International and SPINS/IRI.

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