FDBusiness.com

The End of EU Sugar and Isoglucose Quotas Will Benefit All Stakeholders

 Breaking News
  • Unilever Delivers Solid Volume Growth Unilever has announced its results for the first half of 2018, which show a solid all-round performance despite some challenging markets. Turnover decreased 5.0% to €26.4 billion including an adverse translational currency impact of 8.9% but underlying sales growth excluding spreads was 2.7% with volume 2.5% and price 0.2%. Unilever’s underlying operating margin improved by [...]...
  • Arla Foods Warns of ‘Dairy Dilemma’ of Impossible Choices Post-Brexit At a recent event held at the London School of Economics (LSE), pan-European dairy co-operative Arla Foods warned that if the findings of a LSE report prove true, non-tariff barriers to trade and restricted access to labour after Brexit will leave British consumers facing a dairy dilemma which could see the availability of butter, yoghurts [...]...
  • McCann’s Irish Oatmeal Sold to B&G Foods TreeHouse Foods, the US-based food and beverage group, has completed the sale of the McCann’s Irish Oatmeal brand to B&G Foods for $32 million, subject to customary closing and post-closing adjustments. The McCann’s Irish Oatmeal brand generated sales of approximately $13 million in 2017. The transaction is expected to have a negligible impact on TreeHouse’s [...]...
  • European Olive Oil Market Worth €3 Billion – Shoppers Focus More on Quality Than Price Poor harvest conditions continue to provide a challenging backdrop to the Olive Oil market, according to the latest analysis of value and volume sales across Europe (UK, France, Germany, Greece, Italy, Spain and the Netherlands) by IRI, the big data and technology expert for consumer industries. While six of the seven countries analyzed post value sales growth close to 6% [...]...
  • Countdown Begins to the UK’s Leading Processing & Packaging Machinery Event – NEC Birmingham- 25-27 September 2018 Celebrating its 30th anniversary this year, the PPMA Show will return to the NEC Birmingham from 25-27 September 2018 to showcase the latest innovations in smart manufacturing, processing technology and packaging machinery, aimed to increase production line efficiencies and enhance business performance and profitability. New to the show this year will be the Enterprise Zone, [...]...

The End of EU Sugar and Isoglucose Quotas Will Benefit All Stakeholders

The End of EU Sugar and Isoglucose Quotas Will Benefit All Stakeholders
October 19
14:49 2017

EU sugar and isoglucose production quotas ended on 30 September 2017. At its recent conference at the Bibliothèque Solvay in Brussels, Starch Europe called on all stakeholders to embrace the benefits of this historic development.

Speaking at the conference, Starch Europe president, Alain Dufait said: “As an industry, we find ourselves in a time of opportunity. After 50 years of constraints resulting from the EU sugar regime, EU sugar and isoglucose producers can now produce the sugars that the market demands and where the market demands them. The production of the starch based sugar, isoglucose, has been restricted by the EU quota system to just 4% of total EU sugars production. In most other international markets, isoglucose sales account for between 15 and 20% of total sugar sales. We are obviously enthusiastic about this development, not only because we expect increased demand for isoglucose, but also because of the increased flexibility this will bring to the entire starch production process. The starch industry won’t be the only one to gain from this historic development. EU farmers will benefit from increased demand for cereals and sugar beet, sugar producers will benefit from increased export opportunities, food and drink producers will benefit from an increased choice of ingredients and consumers will benefit from an increased choice of food and drink products.”

Responding to concerns that increased EU sugars production may result in increased sugars consumption, Mr Dufait added: “Before 1 October, the EU was a net importer of sugar and its opportunities to export were limited by the World Trade Organisation. Increased production will not mean increased consumption, but rather less imports and more exports. EU food and drink producers are increasingly committing to using less sugars in their recipes, and the starch industry is working closely with them to develop lower calorie alternatives and other carbohydrate sources. We are also committed to better informing EU consumers about all starch based ingredients, including their nutritional values, through initiatives such as the recently launched www.starchinfood.eu. I would also stress that the starch industry is about a lot more than sugars and food. The vast diversity of innovative products we make, not just starch based, but also fibres and proteins, make the starch industry a pioneer, not only in food ingredients, but also in bio-based technology.”

The Starch Europe conference was attended by more than 130 EU stakeholders. Other speakers at the conference included Jerzy Plewa, Director General of DG AGRI of the European Commission; Esther de Lange MEP; Professor Fred Brouns, nutrition expert at the University of Maastricht; and Robert Guichard, President of CIUS, the Confederation of sugar users.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements