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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 ÌÇÐÄvlog´«Ã½â„¢ 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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  • 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.
  • May 2023: LSDH Group announced that its soy plant in France had become completely operational. The company invested EUR 32 million as part of its ambition to be a key player in the French plant-based beverage ingredients market. The plant, with a surface area of 9,000 sq. m, will offer local soy ingredients for use in plant-based yogurts, ice creams, and cheeses.
  • September 2023: Caldic Ingredients Deutschland and Caldic Ingredients France announced a strategic partnership with Soy Austria. The collaboration signified the introduction of Soy Austria's comprehensive portfolio of sustainable, natural soy-based ingredients and solutions in France.
  • October 2021: The Archer-Daniels-Midland Company launched new locally sourced soy and wheat proteins throughout Europe, notably in France.
  • June 2024: Gaia Herbs launched Milk Thistle Gummies, which utilized organic European-standardized milk thistle extract. The extract is used across other Gaia Herbs formulas, including the company’s Certified Organic Milk Thistle PhytoCaps, Milk Thistle tincture, and Liver Cleanse, among others.
  • April 2024: Doctor's Best Inc. launched a new product named Glutathione + Milk Thistle with Setria. The company claims that Glutathione + Milk Thistle with Setria has milk thistle as a key ingredient that supports liver health and antioxidant activity.
  • November 2021: BYHEALTH addressed consumer concerns about the safety, effectiveness, and bioavailability of complementary medicine products by improving their traceability and utilizing raw materials associated with its BYHEALTH Milk Thistle tablets.
  • October 2022: Nuherbs launched a new partnership with Mexican hibiscus growers to minimize supply chain issues. The California-based company was set to announce an expanding partnership, highlighting its portfolio of hibiscus ingredients, including whole flower and liquid and powder extracts.
  • February 2022: Merck AG launched new cosmetic ingredients, RonaCare Baobab and RonaCare Hibiscus, a nutrient-rich ingredient used in different skincare and cosmetic products. RonaCare Hibiscus not only reduces skin irritation but also enhances the care of sensitive skin, providing protection against oxidative stress, safeguarding collagen from degradation, and improving skin cell vitality.
  • July 2021: Nuherbs and Hibiscus Products LLC launched PHYTOHIB100, claiming it to be the United States' highest-quality organic and kosher-certified Hibiscus sabdariffa Powered Extract. The company utilized its proprietary CleanBrew extraction and drying process, which operates at lower temperatures than conventional methods. This innovative approach enabled Nuherbs to capture the distinct flavor and color profile of Hibiscus sabdariffa. Consequently, the company offered a concentrated, water-soluble, and easy-to-store hibiscus extract of exceptional quality, free from residual solvents, carriers, or excipients.
  • July 2023: Biocatalysts Ltd launched its new protease preparation, Promod 128L, developed specifically with a unique formulation of endopeptidase activities for the effective hydrolysis of extracted collagen in producing neutral-tasting collagen peptides.
  • June 2023: BASF expanded its innovation campus in Shanghai for the development of two new research and development (R&D) buildings. The company invested around EUR 280 million.
  • January 2023: Danisco Animal Nutrition & Health, a business unit of International Flavors & Fragrances, received approval from the Canadian Food Inspection Agency (CFIA) for Enviva PRO and Syncra SWI. Syncra SWI is a combination of VMP and a protease enzyme, and the company claims that it is an effective feed additive with an agile enzyme-producing capacity that adapts to different feed ingredients.

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