News on Food Trends

March 12, 2008

McDonald's België maakt voor tweede jaar op rij winst

McDonald's België heeft in 2007 voor het tweede jaar op rij winst gemaakt. De winst is ook gestegen, net zoals het marktaandeel van de Amerikaanse fastfoodketen in ons land. Dat maakte kersvers algemeen directeur Stephan De Brouwer dinsdag bekend op ee...
Monsanto, Cargill Offer Farmers Incentive For growing Low Linolenic Soy Variety Vistive
March 12, 2008

Monsanto, Cargill Offer Farmers Incentive For growing Low Linolenic Soy Variety Vistive

Monsanto Co. and Cargill Inc. are trying to persuade farmers in Iowa and elsewhere to grow the Vistive soybean variety. The two companies began the recruiting effort Tuesday, offering 50 to 60 cents more a bushel for Monsanto's Vistive-brand low lino...
McDonald's mejora un 8,6% sus ventas comparables en febrero
March 11, 2008

McDonald's mejora un 8,6% sus ventas comparables en febrero

La cadena estadounidense de restauración McDonald's incrementó un 8,6% interanual sus ventas comparables en febrero, mientras que en términos mensuales el aumento fue del 11,7%, debido a la favorable situación del cambio de divisas y por los efectos de...
March 11, 2008

KFC handshake for hearing impaired

Thirty-seven boys and girls at the newly-opened Kolkata outlet have been trained to lip-read the customers' requests. In a first of its kind initiative and available only in Kolkata, global fast food giant Kentucky Fried Chicken (KFC) has set up its f...
March 11, 2008

Food Industry Mergers & Acquisitions Continued Upward Trend In 2007, Food Institute Analysis Shows

The upward pace of mergers &acquisitions in the food industry continued in 2007, with a total of 413 transactions completed during the year and an additional 60 agreed upon, but not yet closed by the end of the year, according to The Food Institute...
March 10, 2008

UAE residents lose appetite due to hike in fast food prices

Abu Dhabi/Dubai: Fast food chains in the UAE have significantly hiked their prices with some meals going up as much as 30 per cent. Across the board, there has been an average increase of 14 per cent within the last two months, Gulf News has learnt.KF...
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March 10, 2008

World Vegetable Oils Market to Reach 138 Million Metric Tons by 2010, According to New Report

Driven by increasing population, rising standards of living and disposable incomes in developing countries, the world vegetable oils market is projected to reach 138 million metric tons by the year 2010. With the mature North American, and European mar...
March 10, 2008

McDonald's Posts Strong February Sales

McDonald's Corp. said Monday that February sales at restaurants open more than a year jumped a better-than-expected 11.7 percent, boosted by growth in Europe, the weak dollar and the benefit of an extra selling day this year. Two straight months of so...
March 09, 2008

Top firms discover the need to reduce carbon emissions extends through every link in the supply chain.

Once upon a time, businesses' supply chains were a quiet backwater of commercial life. This is no longer the case. Over the past few decades, supply chains have been transformed by enterprise resource planning and specialist supply-chain software. Now...
 Burger King
March 07, 2008

Burger King Furthers Global Expansion, Enters Curacao

Burger King announced it will open its first location in Curacao in the first half of 2008, partnering with franchisee group JDA Foods B.V. Curacao's first Burger King will be located in the capital city of Willemstad. The chain plans to open additiona...
March 07, 2008

Wendy's trying to regain its lead in fast-food innovation

Its salads were a novel addition copied by its biggest competitor. Its baked potatoes and chili remain unique fixtures on its menu. Its value menu has indisputably become an industry staple. But Wendy's International Inc.'s history of innovation is ...
March 06, 2008

Trends improving for McDonald's

After rising steadily for much of 2007, shares of McDonald’s Corp. have fallen off roughly 8% so far this year on weakening trends in the fast food industry. But the stock may soon get a lift now that those trends appear to have improved in February,...
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March 06, 2008

KFC lines up Rs 300-crore investment, to open 66 stores

KFC is targeting 100 quick-service restaurants in India by 2010-end. The $12-billion brand, which is owned by leading global restaurant company Yum! Brands, Inc that also owns other brands like Pizza Hut and Taco Bell, is present with 34 outlets across...
 Gain
March 06, 2008

Gain report: Foodservice Malaysia

Malaysia is one of the more affluent nations in Asia with a GDP per-capita of about US$6,450 in 2006. Malaysia’s economy grew by 5.9%, compared to 4.2% growth in 2002. Most economic commentators forecast Malaysia’s economy to grow by about 5.7% in 2007...
 EuroPatat
March 06, 2008

Europatat centralises the European (seed) potato trade in Berne

Europatat, the European Union of the Potato Trade, is inviting its members and the other links in the potato trade at its 60th general assembly in the Swiss capital Berne from 29 till 31 May 2008. The congress is composed out of 3 pillars: the commissi...
March 06, 2008

Acrylamide might not be so harmful

Acrylamide, that surprised scientists when it was discovered in certain foods might not be as big a concern after all, an Augusta researcher said. Dale Sickles, a neurotoxicologist and vice chairman of Cell Biology and Anatomy at Medical College of Ge...
March 05, 2008

Canada under pressure to ban junk food ads

Dr. David McKeown, Toronto's medical officer of health, is calling on Canadian politicians to address the country's growing obesity rate by banning junk food advertising to children under 13. Last week, acting on a recommendation by Dr. McKeown, the To...
March 05, 2008

Burger King banishes two Manhattan sites over value menu dispute

Have it your way - you're out of business. That's the message from Burger King to the owners of two midtown franchises who have been embroiled in a food fight with the company over the restaurant chain's value menu. Luan Sadik and his sister, Elizabeth...

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