Accelerating demand for natural low-calorie sweetener to bolster stevia sales – new study shows

WORLD – Increasing demand for natural lower calories sweetener is expected to drive growth in the global stevia market grow at a CAGR of approximately 7% in the next decade (2019-2029). This is according to […]

Ferrero affiliate completes acquisition of Kelsen snacks business from Campbell

LUXEMBOURG – CTH, a Belgian holding company affiliated with the Ferrero Group, has completed its acquisition of Kelsen Group from the Campbell Soup in a US$300 million transaction, subject to customary adjustments. The deal, which […]

UK food industry makes further progress on sugar reduction

UK – Public Health England (PHE) has published its second-year highlighting the progress made by the food industry to voluntarily reduce sugar in everyday foods-indicating that food manufacturers have scaled up their efforts in the […]

Privately owned sugar manufacturer Sukari Industries seeks to put a power generation plant

KENYA – Sukari Industries, a private owned sugar manufacturing company in Nyanza, West of Kenya is seeking a permit from the Energy & Petroleum Regulatory Authority to put up a six-megawatt power generation plant that […]

Strauss Group debuts milk chocolate bar with 30 percent less sugar

ISRAEL – Strauss Group, an Israeli food manufacturer has launched refined sweet milk chocolate bar made with 30 percent less sugar, inline with consumer demand for low- and no-sugar versions. Sugar in the product has […]

Nestlé launches ‘bespoke’ KitKat Chocolatory range in the UK

UK – Nestlé has launched a new line of its leading brand in the confectionery portfolio the “bespoke and handmade” KitKat bars, which will be available in almost 1500 different flavors in the UK. The […]

German confectionery maker Zertus appoints new head of UK & Ireland operations

UK – German based food group, Zertus has appointed Paul Tripp as the new chief executive officer of the company’s operation in the UK and Ireland Snacking & Chocolate Market Unit. Tripp, who assumed office […]

Mars completes acquisition German functional food company foodspring

GERMANY – American confectionery giant Mars Incorporated has completed the acquisition of a significant majority stake in the German based nutrition firm, foodspring. The deal, which was announced in June this year, will see foodspring […]

Advent International to acquire majority stake in snack producer DFM Foods

INDIA – US based private equity firm, Advent International has agreed to acquire up to 68% stake in Indian snack food producer DFM Foods for around Rs851.6 crore (US$119m) in an all-cash deal. Under the […]

Mondelez International commits to sourcing 100% of cocoa from Ghana by 2025

GHANA – Mondelez International, world’s leading chocolate company, through its Cocoa Life Sustainability Programme plans to increase its 40% cocoa sourcing from Ghana to 100% by 2025, reports Ghanaian Times. The head of Cocoa Life […]