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report ranks food ingredient leaders by revenue
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cargill, südzucker and tate & lyle are ranked as the three leading global food ingredient companies, according to a listing based on annual turnover. a recent report from uk-based leatherhead food research profiles 33 companies in a variety of food additive sectors and ranks them on annual sales recorded between 2008-2010. the 4th edition of key players in the global additives industry identifies us-based cargill as the overall global leader even though only a relatively small proportion ($30bn) of its $116.6bn sales are products for the food industry. in terms of revenue, the next largest players are basf ($70.8bn), adm ($69.2bn), abf ($14.4bn), ajinomoto ($12.5bn) and dsm ($10.9bn). however, in many of these cases, food ingredients and additives account for a relatively small share of the companies’ total sales. sector leaders “if turnover is limited solely to food additives and ingredients, cargill still represents the sector leader,” writes leatherhead. “some of its closest rivals (prior to the recent merger and acquisition activity which took place during the early summer of 2010) include südzucker and tate & lyle, for whom food ingredients and additives make up almost their entire turnover.” “at the other end of the ranking, companies such as cp kelco, t hasegawa and gelita have annual revenues worth well under $1bn per annum.”
Source :foodnavigator.com
Date :
3
September
2010
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\"the market is definitely pricing in that there\'s going to be a big crop,\" a european trader said. after commodities firm armajaro scooped up nearly all available tenderable cocoa at the july futures contract\'s expiry, industry players were concerned that the stockpiling could be a precursor to an even more daring speculative play on september. the july and september futures contracts are regularly vulnerable to a shortage of fresh cocoa supplies prior to the harvest in the largest producing region, west africa, in september/october.
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the agency has updated its list of product ranges that do not contain the six food colours associated with possible hyperactivity in young children. another three manufacturers producing product lines free of the colours have been added to the list: mrc, pertwood organic cereals co.
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italian researchers have optimised the extraction of the mushroom flavour compound 1-octen-3-ol from a flower, highlighting the potential of a natural alternative. the new study, published in food chemistry, suggests 1-octen-3-ol - a compound with a ‘musty’ mushroom aroma - can be efficiently extracted from the flowering plant melittis melissophyllum subsp. melissophyllum.
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review of performance turnover of the group increased to rm19.917 million for the current quarter which represents 13.08% increase over that of rm17.614 million achieved in the preceding year corresponding quarter. the current quarter result reported a profit before income tax of rm489,000 as compared to the result of the same period last year of profit before income tax of rm911,000. the group achieved a higher turnover of rm19.
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the correct mix of rain and sunshine is vital to the development of the cocoa crop. cocoa trees need very wet weather, but they suffer when it is too overcast, because it deprives them of the sunlight they need for photosynthesis. good rains have boosted cocoa arrivals to figures to beyond last season\'s levels. they are also expected to facilitate an early harvest next season, which officially starts in october but which farmers expect to start by mid-september.
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\"the outlook for (cocoa) crops is rather good and from next year we should not have more grindings than crops, which should have a stabilising effect on speculative investments,\" tanner said in an interview. \"next year, there will be around 80,000 to 100,000 tonnes surplus,\" he added..
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this compares with a net loss of $2,916,000, or $0.18 in diluted loss per share, for the fourth quarter of fiscal 2009. total sales in the fourth quarter of fiscal 2010 were $54,359,000, a 4 percent increase above sales of $52,233,000 for the same period one year ago. the sales improvement was principally due to higher sales of high quality food grade alcohol that resulted from increased output from the company\'s previously announced joint venture, illinois corn processing (icp), llc.
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Coca.Cola
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PEPSI
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Mcdonald
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Nestle
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Mars
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Baskin & Robins
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Nutrika
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Mumika
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Chika
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