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Bloomberg Intelligence share 2021 outlook for European packaged food

Bloomberg Intelligence share 2021 outlook for European packaged food

The European packaged-food industry faces a pivotal H2 with accelerating inflation and potentially new normal consumer behaviour. Bloomberg Intelligence has released its Europe Packaged Food 2021 Outlook, which states that if inflation turns out to be transitory, the inability to boost volume and pricing simultaneously since 2015 remains in place, unless companies such as Nestlé and …

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Paradise Fruits launches new division for health and wellbeing

Paradise Fruits launches new division for health and wellbeing

Paradise Fruits by Jahncke, supplier of food ingredients mainly focused on fruit, has launched a new division for a constantly and rapidly growing audience especially interested in health and wellbeing. New Paradise Fruits Health offers a variety of innovative fruit shapes with high fruit content and stand-alone products fortified with vitamins, minerals and extracts that …

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Mamma Dough and CRAVE collaborate for World Chocolate Day

Mamma Dough and CRAVE collaborate for World Chocolate Day

Mamma Dough, the independent South London sourdough pizza restaurant group, teamed up with CRAVE, the indulgent vegan and free-from snack brand, to launch the UK’s first vegan rocky road pizza to celebrate World Chocolate Day which was on 7 July, 2021. The limited-edition pizza features CRAVE’s Rocky Road bar made up of rice milk chocolate, …

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Synergy Flavours launches 'Citrusology' educational programme

Synergy Flavours launches ‘Citrusology’ educational programme

Synergy Flavours has launched a new educational programme – ‘Citrusology’ – to inspire food and beverage manufacturers eager to tap into consumers’ continued interest in citrus. The programme includes a series of educational webinars to help food and beverage manufacturers explore the nuances of flavour across regions and citrus varieties. Webinars on lemon and orange …

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Cocoa Association of Asia appoints new sub-committees

Cocoa Association of Asia appoints new sub-committees

The Cocoa Association of Asia (CAA) announced its appointment of three new sub-committees to help spearhead key initiatives for the industry in Asia Pacific. The three sub-committees named by the association are for Sustainability, Trade Policy, Food Safety and Quality Standards. “We are delighted to announce the appointments to our Sub-committees, their depth and breadth …

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AAK signs EUR 400 million revolving credit facility

AAK signs EUR 400 million revolving credit facility

AAK AB (publ.) has signed a EUR 400 million sustainability-linked revolving credit facility, renewing an undrawn EUR 400 million credit facility, signed in 2014 and amended in 2018. The renewed facility will be closely linked to a number of AAK’s sustainability targets, among them the company’s commitment to a 100% deforestation- and conversion-free palm supply …

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