Archives for August 16, 2005

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Lifeway sales betray probiotics surge

If anyone doubted that the US probiotics market's star is rising, kefir-maker Lifeway Foods' latest results, positive in spite of milk price vagarities, should be enough to convince them.

Broad portfolio keeps Nestlé sales afloat

By Ahmed Elamin

Nestle, the world's largest food company, depended on its pet business, beverages and ice creams to keep overall sales growth humming at 5.2 per cent during the first half of the year, although Europe remained sluggish at 1.5 per cent.