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Ingredion signs joint venture with Grupo Arcor in South America

Ingredion signs joint venture with Grupo Arcor in South America Ingredion and Grupo Arcor a leading confectionery exporter in South America have signed a joint venture agreement to broaden food and beverage ingredient offerings in Argentina, Chile, and Uruguay. We are pleased to announce our joint venture with Grupo Arcor, a leader and pioneer in the food industry,”​ said Jorge Elías, president of Ingredion’s South America region. “We share similar values and are passionate about creating a world-class experience and offering ingredient solutions that deliver value for our customers. We look forward to combining Ingredion’s successful go-to-market team with our respective operations to strengthen our future for years to come.”​

Kraft Heinz enters 2021 with lighter portfolio and agile growth ambitions, announces $3 35bn sale of Planters to Hormel

Kraft Heinz has ended 2020 on a high note reporting a 6.2% increase in organic net sales and a 27% lift in household penetration in Q4, driven by significant gains in Ketchup, Lunchables, and Ore-Ida. At the beginning of 2020, Kraft Heinz embarked on its multi-year transformation supported by a new operating model and platform-based prioritization of its portfolio, which has been divided into four segments: fast fresh meals; taste elevation; easy meals made better; and easy indulgent desserts.  Our retail market share has continuously improved over the course of the year. What is most encouraging is that these trends are broad-based, with more than 70% of our categories experiencing positive trend bends in Q4 led by Heinz Ketchup and Lunchables, each picking up more than 2 points of share in the quarter, ​ said Carlos Abrams-Rivers, Kraft Heinz US zone president, during a Q4 2020 management discussion call.

Knowde launches food & nutrition online marketplace: This is a massive market that is ripe for change

Givaudan​​ – is free to use for R&D and procurement professionals. Suppliers pay for storefronts on the site (via an annual subscription) and get access to digital marketing and e-commerce analytics capabilities, along with analytics to track key performance indicators, including the number of marketing qualified leads (MQLs) and sales qualified leads (SQLs) generated by the storefronts, Knowde co-founder and CEO Ali Amin-Javaheri told FoodNavigator-USA. “What we’ve seen with our other verticals is that suppliers initially use Knowde for lead generation purposes, and as they get more comfortable, they turn on the transaction side of the platform,” ​said Amin-Javaheri, who co-founded Knowde in 2017 and has raised $20m to date from backers including Sequoia Capital.

Effective iron, but no bad taste: AB-Fortis

Explore the EXBERRY® Oil Dispersible range

Explore the EXBERRY® Oil Dispersible range 19 JAN 2021 Tuesday Decrease Font Bring your fat-based applications to life with GNT’s newly expanded oil-dispersible range. GNT has extended its range of oil-dispersible Coloring Foods with the launch of EXBERRY ®​ Shade Pink – OD. Made from fruit, vegetables and plants, EXBERRY ®​ OD colors are designed for fat-based applications such as ice cream coatings and fat fillings for biscuits and pralines. Discover how these specialized Coloring Foods can enhance the appearance of your food and drink products. Related resources from EXBERRY® by GNTShow more

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