Risk assessment and market predictions translate into new pectin
opportunities for Danisco that will break ground on a new pectin
plant in Brazil, to be up and running by 2007, reports Lindsey
Partos.
Delayed product launches will see losses at Swedish probiotics
company BioGaia continue into next year, warned the firm yesterday.
It had been counting on two major contracts to help it back into
the black by the end of the year.
Number two pectin player Danisco rolls out a line extension for new
gains from its Grinsted pectin range that targets food and beverage
makers looking to spear the growing sports nutrition and functional
food markets, reports Lindsey...
Functional dairy products firm Lifeway Foods will expand its range
of kefirs with a new line of no-added-sugar dairy drinks for
consumers following low-carbohydrate diets. The new beverages will
be showcased at the Summer Fancy Food...
Sports drink maker ChampionLyte Beverages is to increase
distribution with the reopening of business with J.A.M.B. Business
Enterprises, the low-carb specialist that distributed its earlier
formulation.
South Beach Beverage Company is introducing a new range of 'healthy
refreshment beverages' called SoBe Synergy. The line has been
designed specifically for sale in vending machines.
Hansen Natural has reported record sales for the first quarter
ending March 31. The company claimed the results reflected new
product introductions and growth in core beverage lines.
Canadian beverage company Leading Brands has entered into license
agreements to introduce two new energy drinks to the US. It is also
to develop a nutritional drink over coming months.
Probiotic foods maker Lifeway Foods this week reported net income
for 2002 rose 39 per cent on the previous year to $1.7 million,
driven by a 14 per cent increase in sales.
Snapple has re-launched its Elements energy drink in an aluminum
bottle. Available in four flavours, the drink aims to offer
consumers greater convenience.
Natural and organic food company the Hain Celestial Group this week
announced it has bought Imagine Foods, a private non-dairy beverage
company specializing in rice and soy milks and organic products.
Terms of the transaction were...
A new website launched earlier this summer provides daily news on
branding, marketing and the retail of food and drink products in
the European market.
Dark Dog, the quirky energy drink brand with a rapidly growing
distribution in Europe, has been bought by the US group XStream, a
specialist in so-called New Age beverages.
Beverage company Leading Brands is to end its distribution
agreement with Energy Brands for Glaceau Vitamin Water and Go-Go
Passion Energy Drink. The company cited strong competition in the
vitamin-enhanced drinks sector as a major...
America's National Honey Board (NHB) has developed a sports
beverage formula which it claims offers the same nutrients as major
branded versions but has a higher level of potassium.
Clearly Canadian Beverage Corporation has introduced a new flavour
to its range of Reebok-branded sports drinks. The blackberry
variant joins the natural, berry and citrus flavours already
available.
The Nestle USA - Beverage Division and Ocean Spray Cranberries,
Inc. announced this week that they have formed a long-term
agreement which, they hope, will enable both companies to increase
manufacturing and supply chain efficiency...
French food company Groupe DANONE announced on Wednesday that it
intends to make a public offer to acquire 100 per cent of the
capital of Frucor Beverages Group Limited, a market leader in the
fast growing energy drink segment in...
