Kerry considers ditching dairy to pursue health and wellness and sustainability megatrends Kerry Group’s strategic review of its dairy production and consumer food assets will allow it to free up money for acquisitions in faster growing areas, say equity analysts.
Following rumours it is considering a sale of its Consumer Foods division, the Irish consumer foods and ingredients supplier whose major brands include Richmond, Wall s, Cheesestrings and Dairygold, confirmed it is planning a strategic review of its dairy business in Ireland and the UK.
Speaking after the launch of the company’s full-year results, the chief executive of Kerry Group Edward Scanlon said the company is planning a strategic review of its dairy business in Ireland and Britain, which now only accounts for just 10% of the business.
The future of ‘clean label’? Radically transparent and naturally healthy ‘Clean label’ is an industry term that speaks to consumer demand for recognisable ‘pantry cupboard’ ingredients. But, without a clear definition, the meaning of clean label is evolving. What other mega-trends will shape the future of clean label innovation?
Producing ‘clean label’ products has been a bellwether of food industry innovation for years. And while clean label may lack a clear definition, the consensus is it has a distinct meaning for consumers: ingredients they recognise back of pack.
But food innovators are working on shifting sands. Fickle public opinion is shaped by events and meeting elevated consumer expectations remains a moving target. The meaning of ‘clean label’ is a work in progress.
Decrease Font
Faravelli Inc, is a distributor of ingredients and raw materials for the North American food industry.
We are the USA sister company of Faravelli Group, an international distributor of ingredients and chemical raw materials for all industry sectors, located in six countries worldwide.
Thanks to the collaboration with
top-quality international suppliers, Faravelli Inc can offer USA food and beverage processors a rich and comprehensive range of:
ACIDIFIERS
Energy drinks, oatmilk lattes, kombucha: What drives the functional beverage consumer? The functional beverage consumer and their purchase motivations are just as diverse as the functional beverage category itself, which encompasses everything from sports drinks and energy drinks to ionized/alkaline water and nutrient-infused coffee, says new research from Brightfield Group and its social listening platform Evergi.
In a new report from
Brightfield Group, the CBD and hemp market research firm leveraged its newly-launched social listening platform,
Evergi, which integrates psychographic consumer survey data with social listening to help CPG marketers and innovation teams better understand consumer need states within the emerging wellness industry.
Scientists have discovered that a plant native to America could be grown in the UK and Europe, bringing huge potential benefits for ‘a balanced, sustainable diet’.