Europe Vegetable Oil News

Recent industry report about Europe Vegetable Oil company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Europe Vegetable Oil Market industry experts.

Europe Vegetable Oil News

  • May 2024: Neolea, a producer of modern Mediterranean products, launched its extra virgin olive oil in sustainable aluminum can packaging. The cans feature a reusable ‘Fresh Cap,’ which is designed to maintain the olive oil’s integrity, freshness, and flavor.
  • October 2023: UK-based edible oil supplier KTC Edibles launched a new palm oil brand called Planet Palm. Planet Palm is a new range of certified sustainable, traceable, and responsibly sourced palm oil products for bakery and food manufacturers in the UK.
  • June 2023: JJ Foodservice launched an own-brand extra virgin olive oil in the United Kingdom. The new Tabaki Extra Virgin Olive Oil is cold pressed from single-origin olives selected from the south Aegean hills in Turkey.
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  • September 2024: Streets, an Australian company, unveiled a plant-based version of its Blue Ribbon Vanilla frozen dessert. This innovative offering provides a dairy-free alternative, closely mimicking the taste and texture of the original. Streets aims to cater to the surging demand for plant-based products, all while upholding the quality standards of its renowned brand.
  • August 2023: Dr. Oetker Group, under its Queen Professional brand, rolled out a Vanilla Natural Flavor and Paste specifically designed for industrial manufacturers. This new offering is alcohol-free, gluten-free, and vegan-friendly. The natural flavor range is versatile, finding its way into dairy products, bakeries, and even no-bake recipes.
  • September 2022: Solvay broadened its flagship product line, Rhovanil Natural CW, by introducing three new natural flavor ingredients: Rhovanil Natural Delica, Alta, and Sublima. These additions empower the food and beverage sectors to transition to natural ingredients economically, aligning with the rising consumer demand for products that are healthier, safer, tastier, and more natural.
  • September 2024: Meyer Vietnam Co., Ltd. launched the Master 4.0 intelligent color sorting machine, developed by Meyer Optoelectronic, to the international market. This cutting-edge sorting solution is designed to enhance the capabilities of global food processing enterprises.
  • July 2024: Quang Ngai Sugar Joint Stock Company approved an investment exceeding VND 2 trillion to strengthen its An Khe sugar processing and biomass power plants. Specifically, VND 1.169 trillion is allocated to boost the processing capacity of the An Khe plant in Gia Lai to 25,000 tons daily. This expansion is intended to bolster the sugarcane supply, support deep processing initiatives, and maintain the company's leadership in Vietnam’s sugar sector.
  • June 2024: Morinaga Nutritional Foods Vietnam JSC, a subsidiary of Japan's Morinaga Milk Industry Co., Ltd, launched its newest product: the Morinaga Zero Fat Drink Yogurt. This yogurt variant is enhanced with several additives, including food gelatin, stabilizers (1422, 471), and preservatives (202).
  • March 2024: Club House unveiled two new seasoning blends for chefs: Tamarind & Pasilla Chile and La Grille Cracked Black Pepper Garlic & Sea Salt. These blends cater not only to seafood but also to a wide range of culinary applications. Such launches underscore the industry's dedication to delivering high-quality and convenient flavor solutions.
  • March 2024: At Expo West, Cargill expanded its ingredient portfolio with new offerings, prominently featuring Pink Himalayan salt. This product targets food manufacturers looking to penetrate the premium and health-conscious markets. Cargill's Pink Himalayan salt range showcases a variety of crystal sizes. The Pink Himalayan Salt Extra Coarse Topping, in particular, is designed for uses that benefit from larger crystals, such as confectionery applications.
  • February 2024: True Salt is set to enhance its operations in Southern California. This strategic move is designed to elevate production capacity and import capabilities, ensuring a steady supply of premium sea salt, including flake salt, to both food service and manufacturing sectors. In tandem, True Salt is intensifying its sustainability initiatives, aiming to lessen its environmental footprint and champion responsible sourcing. The company plans to roll out eco-friendly practices across its production processes to further curtail its carbon footprint.
  • June 2024: Fuchs North America launched a limited-edition line of seasoning blends, including the Apple Lemon Dutch Baby Mix, Strawberry Basil Seasoning, and Brown Sugar Blend. The company claims these products not only reflect emerging trends but also inspire flavor innovations, enticing consumers to crave more with each taste.
  • April 2024: Kerry Group introduced TasteSense Salt, a sodium reduction solution that imparts a salt-like and savory flavor without adding sodium. This product is designed for use in processed foods.
  • March 2024: At Expo West, Cargill showcased new ingredients, emphasizing Pink Himalayan salt. Targeted at premium and health-conscious food manufacturers, Cargill's Pink Himalayan salt range offers various crystal sizes. Notably, the Pink Himalayan Salt Extra Coarse Topping is tailored for applications needing larger crystals, such as in confectionery.
  • October 2024: Lallemand Inc. acquired CerealTech Pte Ltd, a Singapore-based bakery ingredient business, for an undisclosed sum. Lallemand Inc. announced plans to merge CerealTech and its employees into its own Lallemand Inc. Baking Solutions (LBS) division. Despite the acquisition, CerealTech maintains its operations in Singapore, retaining its branding and current commercial teams.
  • May 2024: Bakels Group unveiled Fermdor Active, a concentrated powder to enhance bread production. Fermdor Active captures the authentic flavor of traditional sourdoughs and has become indispensable for bakers. This latest offering from Fermdor is enriched with specialized active ingredients, making it ideal for premium artisan bakery creations.
  • May 2024: Puratos Group launched Sapore Lavida, Belgium's inaugural fully traceable active sourdough, crafted solely from whole wheat flour. This groundbreaking ingredient championed regenerative agricultural practices, empowering bakers throughout mainland Europe to cater to the surging demand for locally produced and sustainably sourced sourdough products.
  • April 2024: Edonia raised EUR 2 million (USD 2.23 million) to produce plant-based ingredients from microalgae. This allows Edonia to launch quickly within Europe, with plans for strategic partnerships to propel them into international markets.
  • February 2024: Roquette introduced four multi-functional pea proteins designed to enhance the taste, texture, and creativity of plant-based foods and high-protein nutritional products. These innovations provide various format and formulation options, delivering improved textures and high protein content for end products, including nutritional bars, protein drinks, plant-based meat, and dairy alternatives.
  • November 2022: Bel Group forged a strategic partnership with Standing Ovation to develop animal-free casein protein for incorporation into cheese products. This innovative animal-free casein provides Bel Group's cheeses with equivalent nutritional value, functional properties, and delectable taste profiles as traditional dairy-based cheese.
  • April 2024: Arla Foods Ingredients acquired Volac's Whey Nutrition Business. The UK-based Volac Group specializes in turning whey into ingredients for sports nutrition, with its by-products being sold for food and animal nutrition.
  • February 2024: SCI-MX introduced a new transparent whey protein isolate to its range of high-protein products. With 21 g of protein, it comes in Tropical Island Punch and Apple & Blackcurrant flavors.
  • January 2024: UK food and drink manufacturer Aimia Foods entered the sports nutrition market with the introduction of a range of clear whey protein powders called Isovibe. Isovibe is available in four flavors: peach & raspberry, cherry & apple, lemon & lime, and mango & passionfruit.
  • May 2024: Döhler GmBH opened its new production site in South Africa for the development of compounds, emulsions, powdered and liquid flavor ingredients, which is set to significantly bolster its juice concentrate processing capacity. As per the company, this expansion will grant its customers direct access to Döhler's full compound portfolio in the country, underscoring the company's dedication to leading the regional food, beverage, and life science industries.
  • April 2023: Carbery Group (Synergy Flavors Inc.) expanded its footprint in Asia with the opening of premises in Singapore. Carbery Group announced plans to expand and diversify its business, which includes flavoring essences for new customers across different end-use industries in the country.
  • January 2022: Carbery Group (Synergy Flavors Inc.) expanded its R&D facilities and collaborative spaces at its US headquarters in Wauconda, Illinois. This expansion aligned with Synergy's strategy for organic growth, ensuring its facilities matched the escalating demands for collaboration, both internally and with industries.
  • July 2021: Carbery Group (Synergy Flavors) launched a fruit essences and natural flavors collection. This newest addition to the Synergy Pure range of extracts and essences would offer manufacturers a range of natural solutions to suit various food and beverage applications, including tapping into the hard seltzer and ready-to-drink (RTD) alcohol category.
  • July 2024: Syensqo acquired Azerys, a leading expert in rosemary extraction, boasting assets in El Jadida, Morocco. Azerys is renowned for its line of preservatives, crafted exclusively from natural, plant-based ingredients, with a core focus on rosemary extracts.
  • March 2024: Kao Corporation's Material Science Research Laboratory developed an exclusive plant factory, Smart Garden Meguri. The rosemary extract is sourced from plants grown and processed within Kao's Smart Garden Meguri.
  • November 2022: Kemin Industries introduced a new rosemary extract known as FORTIUM R. This line of rosemary extract-based ingredients was engineered to prevent color and flavor degradation effectively.
  • May 2023: IPRONA introduced craftIngredients’ range of botanical extracts from European black elderberry, tart cherries, blackcurrants, and aronia.
  • August 2022: Spain-based Nektium launched an organic version of elderberry extract due to increased demand for natural ingredients from various industries.
  • August 2022: PLT Health Solutions Inc. launched a new elderberry extract in the North American market. The PLT elderberry portfolio will include extracts standardized to 6% and 10% anthocyanins, offered in both standard and organic grades.

Europe Vegetable Oil Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)