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milk research group takes first step to functional ingredients
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ireland dishes out funds for dairy research
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a range of development projects, from functional dairy proteins to cheddar cheese, will benefit from a multi-million euro investment in ireland's dairy industry, the country's government has announced. more than €114m of government money will be given to 19 different development projects across ireland's dairy industry as part of the government's agrivision 2015 action plan. the ambitious scheme is intended to position ireland to profit from growing market trends for added value products, as well as help the country's dairy firms enter new markets. glanbia, for example, will get two handouts of around €9m, the first to help it increase added value cheese capacity and produce specialised dairy proteins for the food and nutrional sectors, and the second to improve its whey protein concentrate production. these are largely typical of the sorts of products chosen for funding by the government. whey, cheese and nutrition are viewed by both industry and the european commission as three strong growth areas of the european dairy sector, as it looks to reduce reliance on commodities. other grants awarded in the ireland initiative include €9.82m for kerry ingredients' demineralised whey project, largely aimed at infant formula, and €3m for carbery milk products' functional dairy powder project, which includes installing a new spray dryer and evaporator. rising demand for organic food also got a nod with a €3m award to glenisk to improve organic milk and yoghurt output. and speciality cheese was represented with a €5m award to dairygold, as well as €3m to j & l grubb, maker of the well-known blue cheese, cashel blue. grants have been awarded as part of the dairy investment fund and are expected to generate capital investment of €286m in the irish dairy industry. plans for the funding were first outlined last august. with continued vision and leadership, the irish dairy and wider food sector has the potential to become the brand and origin of choice with today's quality conscious consumer across the globe," said mary coughlan, ireland's minister for agriculture and food.
Source :Food Ingredients Food Science - Additives, Flavours, Starch
Date :
20
April
2007
Category :
Dairy Products
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a difficult funding climate resulted in more licensing and joint venture transactions than outright acquisitions in the health and nutrition sector in 2009, according to a new report focusing on m&a trends in the industry. the latest report on m&a activity in the health and nutrition sector from the us-based consultants, the jh chapman group, claims that a substantial increase in licensing and joint ventures from 21 in 2008 to 53 in 2009 is reflective of on-going interest for growth via unique technology and knowhow and lack of access to financing.
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irish food giant glanbia has turned in promising half year results with net earnings rising 26 per cent and the us food ingredients and nutritional products divisions performing strongly. glanbia predicted full-year earnings would rise 15 per cent year-on-year and analysts praised the strength of the results amid negative currency changes and sharply rising input costs such as energy and milk.
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kerry has reported continued development of its food ingredients businesses despite 2006 being a 'difficult' year for the food industry – and its nutrition and functional food ingredient systems played no small part. the global group, which has its headquarters in ireland, has reported overall sales of €4.6bn for the year ended december 31 – an increase of five per cent on the previous year.
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cost recovery and the on-going development of a stream-lined, customer-oriented working method led kerry's ingredients division towards a first half 2007, on both sides of the atlantic. the group, whose food ingredients division encompasses application-specific ingredients, flavours and bio-science businesses, reported total revenue of €2.33bn in the six months ended june 30 2007, representing an up-swing of 5.
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nutraingredients examines the omega-3 marketplace in the final instalment of a series that has scanned the scientific, regulatory and supply issues surrounding an ingredient that would appear to have everything. estimations vary as widely as the analysis, depending on which researcher or pundit you speak to, but omega-3 is unlikely to fade far from the public or business imagination because it has a sound grounding that is not possessed by all functional offerings: solid and voluminous scientific backing for health benefits ranging from heart and brain health to maternal and infant health, skin, joint and immune health and more a high level of public awareness and acceptance formulation diversity that means most foods and beverages are available for fortification with these facts banked, omega-3 has boomed and suppliers report buoyant sales to supplement manufacturers, food and beverage makers.
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a new review taking in animal, human populations, and clinical trials supports the potential role of soy protein to reduce cholesterol levels, and aid weight loss. according to the review, published recently in obesity reviews , the ingredients also have the added benefits of boosting bone health and aiding overall cardiovascular health. "overall, the current data suggest that soyfoods are as good as other protein sources for promoting weight loss and there is a suggestive body of evidence that soyfoods may confer additional benefits, but results must be carefully interpreted and additional evidence is needed before making firm conclusions concerning soyfoods and weight loss," wrote lead author mark cope from the university of alabama at birmingham.
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the rise in health and wellness, a 'sea of change' in the food industry, is creating challenges for formulators, but hydrocolloid companies can offer solutions, says cp kelco. "we see health and wellness creeping in to every aspect of the food industry," dr. steve bodicoat, marketing and innovations director for cp kelco, told foodnavigator.com at the recent fie in london.
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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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