Tate & Lyle PLC, a global provider of speciality food ingredients and solutions, has unveiled its upgraded Food Systems Global Innovation Centre in Lübeck, Germany.
Dairy products are expected to be the fastest growing segment of US shipments of processed foods due to rising consumer demand for snacks with more natural ingredients and higher amounts of protein, according to a report released by Freedonia Focus Reports.
Fonterra ended the first half of its 2017 financial year with revenue up 5% to NZ9.2bn (US$6.5bn) on the same period last year, and net profit after tax up 2%.
Swiss dairy company Emmi has released its year-end results, which showed earnings before interest and taxes (EBIT) rose by 7.3 % to CHF 202.7m ($204.2m).
With frozen yogurt sales still “tanking,” retailers are increasingly turning their attention to ice cream products that offer similar benefits (more protein, less sugar and fat), but truly deliver on taste and texture, says Santa Barbara-based ProYo, which is rolling out new high-protein pints to 3,000 stores this month.