HEDGIFY’s Post

With the high level of innovation across global #confectionery categories as brands and #privatelabel look to drive growth, great to have the opportunity to share some insights on the #uk market and how it could create value within the Australian market as covered in this months #convenienceworld by Retail Media Group #chocolates #sweets #snacking #growthstrategy #export #productinnovation #marketinsights

We are delighted to share that Nurasa, one-half of our corporate parents and wholly-owned by Temasek, will be at the FHA-Food & Beverage Trade Show, which kicks off today! 🎉 Nurasa’s CEO, XiuLing 秀玲 GUO 郭, will also be sharing her invaluable insights during a panel discussion later today, on advancing alternative proteins in APAC. 🌏 Did you know? Nurasa is not just part of our corporate parentage - the other half being global nutrition leader ADM - but also an integral part of Team ScaleUp Bio's collaborative ecosystem. Together with other like-minded food innovators, we are dedicated to shaping the future of food. Our Fermentation Joint Lab with A*STAR Singapore Institute of Food and Biotechnology Innovation (SIFBI) is also housed within Nurasa's Food Tech Innovation Centre -  a home for innovation with dedicated food-grade spaces and a community designed to foster scientific and technical innovation, creativity and collaboration within the food tech industry. So, if you're in Singapore from 23 to 26 April, make it a point to swing by the Singapore EXPO and meet the Nurasa team. Or you can reach out to us too, if you’re looking for a CDMO solutions partner to ScaleUp your food innovations via submerged microbial and precision fermentation, by emailing us at hello@scaleupbio.com #precisionfermentation #novelfood #agtech #foodtech #startups #innovation #sustainablenutrition #FHA2024

Amazing work Shahrazad Rebai Curious about the benefits of incorporating frozen pastries into your foodservice business? From extended shelf life and consistent quality to convenience and cost-effectiveness, frozen pastries offer many advantages. Discover how they can streamline your operations, delight your customers, and boost your bottom line. Let's discuss the possibilities! #foodservice #frozenpastries #businessgrowth

The team at Triton attended IDDBA last week and sincerely enjoyed spending time with the sponsors, exhibitors, and business owners who helped make the event such a success.   Key Takeaways: 1. M&A activity continues to tick upwards in the bakery & confection sector. 2. Volume will continue to scale at large private label bakeries and co-manufacturers as private equity makes their splash on the sector. 3. Product Innovation & Partnerships: -Sriracha-infused brioche buns & onion rolls were commonplace. -Sweet flavor profiles such as barbeque and chocolate continue to be blended into the dips and spreads sector; ie – hummus, cannoli chips. Dill pickle was just as popular. -To entice the ever-curious, typically younger consumer, sour flavors are gaining ground; ie – Van Holten's Pickles & Impact Confections, Inc. Warheads-flavored pickle. -Allergen-friendly and inclusive specialty products such as gluten-free and vegan pastries/breads were widespread. 

🛑 STOP CHEATING Nestle's Unhealthy Business Model Under Scrutiny for Prioritizing Sales Over Consumer Health Nestle's business model under the leadership of Mark Schneider and Paul Bulcke has been heavily criticized for prioritizing sales and profits over the health and well-being of consumers. The re-launch of products like the Caramac, which are known for their high sugar and unhealthy ingredients, reflects Nestle's disregard for promoting healthier food options. By bringing back these sugary treats, Nestle is contributing to the global obesity epidemic and reinforcing unhealthy eating habits. Instead of focusing on providing nutritious and wholesome products, Nestle continues to prioritize sales and marketing tactics that promote unhealthy choices. This short-sighted approach to driving sales is not only harmful to consumers but also reflects a lack of corporate responsibility and ethical consideration. Mark Schneider and Paul Bulcke's leadership at Nestle perpetuates a business model that prioritizes profit margins over the well-being of their customers, ultimately contributing to a culture of unhealthy consumption. It is time for consumers to hold companies like Nestle accountable for their unethical business practices. Let your voice be heard by choosing to support companies that prioritize health and well-being over profits. Together, we can create a demand for healthier food options and push companies to make responsible choices for the benefit of all. Join the movement towards promoting a culture of health and wellness in the food industry.

𝐒𝐚𝐜𝐨 𝐅𝐨𝐨𝐝𝐬 𝐀𝐜𝐪𝐮𝐢𝐫𝐞𝐬 𝐀𝐧𝐜𝐢𝐞𝐧𝐭 𝐇𝐚𝐫𝐯𝐞𝐬𝐭, 𝐏𝐚𝐦𝐞𝐥𝐚'𝐬 𝐁𝐫𝐚𝐧𝐝𝐬: Ancient Harvest pioneered the sale of quinoa in the U.S. more than four decades ago. Saco Foods, a niche market-leading food products company, has completed the acquisition of Quinoa Corporation - Ancient Harvest & Pamela's. Saco Foods, a portfolio company of Fengate Asset Management, announced today that it acquired Quinoa Corporation - Ancient Harvest & Pamela's and its brands from Encore Consumer Capital. Terms of the transaction were not disclosed. Quinoa Corporation was advised on the transaction by Green Circle Capital Partners. Founded in 1983, Ancient Harvest pioneered the sale of quinoa in the U.S. and continues to be a leading brand of value-added, plant-based products including gluten-free pasta, polenta and the #1 brand of quinoa. Founded in 1988 and acquired by Quinoa Corporation in 2019, Pamela's is a leading brand of gluten-free baking mixes and baked goods including pancake mixes, snack bars and flours. Pamela's is also the #1 brand of gluten-free graham crackers and fruit-filled cookies. The acquisition adds two category and industry-leading brands to the growing Saco Foods portfolio that naturally align with the Company's commitment to excellence and providing high-quality food products to its customers and end consumers. #FoodManufacturingUSA #FoodManufacturingNews #USManufacturing #MergesandAcquisitions

Dr. Praeger's Expands in Plant-Based Market 📢 https://lnkd.in/gGiBateG Dr. Praeger’s has achieved a 30% increase in retail sales, attributed to successful products like the Perfect Burger. Their mission remains unchanged as they innovate within the meat alternative market. #FoodManufacturing #FoodNews #PlantBased #BusinessGrowth

Lovello Ice-cream, a brand under Taufika Foods and Lovello Ice-cream PLC, reported a remarkable 186% profit growth for Q1 of the fiscal year, driven by increased sales revenue. Details in the comments! #trek #dsenews #stockmarket #stocknews #investing #trading #knowledge

The annual Meat Management Industry Awards are off to a flying start this year according to organisers YPL Exhibitions & Events, with product nominations and voting well up on the same period last year. #MMMeatAwards #vote #meatindustry

#PepsiCo plans to buy the remaining 50% stake in hashtag #Sabra Dipping Company and hashtag #Obela. This deal will make PepsiCo the sole owner of both brands. Sabra operates in the U.S. and Canada, while Obela serves Australia, New Zealand, and Mexico. The brands specialize in refrigerated dips and spreads, including hummus. Sabra, formed in 2008, is now a top U.S. hummus brand with $400 million in retail sales. PepsiCo aims to expand its fresh dips portfolio and meet growing consumer demand for nutritious options. The deal is expected to close by the end of 2024, subject to regulatory approvals. Financial details were not disclosed.