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News & Analysis on Chocolate, Candy and Biscuits 11-Dec-2023
TOP HEADLINES
Chocolate industry ‘needs to put its money where its mouth is’ on sustainability, report claims
Large chocolate and cocoa companies, including multinationals including Mars, Ferrero, Mondelēz, Hershey, Nestlé, and traders like Barry Callebaut and Cargill, are not paying prices that allow cocoa farmers to earn a living. This is the conclusion of a Cocoa Barometer consultation paper published by the VOICE Network ­- a non-profit organisation that monitors sustainability issues in the cocoa sector.... Read more
Cocoa & Forests Initiative partners reveal conservation progress in West Africa at COP28
The World Cocoa Foundation (WCF), in collaboration with IDH and key government officials, highlighted significant strides in sustainable forest conservation efforts from the chocolate industry and the success of the Cocoa & Forests Initiative (CFI), particularly in West Africa... Read more
Sugar reduction in 2024: How consumer demands, health policies will influence product launches
As consumers become increasingly wary of sugar content, CPG companies are meeting the demand for zero-sugar products with the help of natural sweeteners, a trend set to gain momentum in the US as regulators and scientists push for reductions.... Read more
'AI is not the future, it's the present,’ Tastewise’s CMO discusses speeding up industry's digital transformation
AI has the power to speed the food and beverage industry's digital transformation, as companies leverage it for product develop and to forecast upcoming trends, Jacques Botbol, CMO of Tastewise, told FoodNavigator-USA.... Read more
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GLOBAL INDUSTRY NEWS
‘Broader spectrum of consumer choices’: UN backs dairy, meat alternatives to help curb climate change
Emerging novel alternatives to animal products such as meat and dairy may contribute to significantly reducing the environmental footprint of the current global food system, particularly in high- and middle-income countries, provided they use low-carbon energy.... Read more
The proof is in the compostable cup: Better for All's strategy for composting over recycling
While more companies are ordering Better for All’s land and marine compostable cups compared to five years ago, the cups’ base biopolymer P-Hydroxy-Benzoate Hydroxylase (BHBH) is roughly 1.6 times more expensive than traditional plastic, which highlights an opportunity to implement compostable packaging over recyclable plastics to reduce its cost, Raegan Kelly, head of product, Better for All, explained to FoodNavigator-USA.... Read more
Alternative protein producer Farmless plans expand production, maintain protein production efficiency
Farmless, a startup producing protein using a feedstock which combines hydrogen, nitrogen, CO2 and renewable energy, is planning to build a pilot plant after a new injection of funding. Its purpose is simple – cutting down on the land used to create protein, and creating greater efficiency in protein production.... Read more
5 start-ups that caught our eye in 2023
From upcycling ‘spent hens’ into flavour enhancers to recreating breast milk in a lab, we round-up five of the most innovate start-ups we interviewed in 2023.... Read more
White Claw launches electrolyte-enhanced 0% Alcohol: ‘It’s a fundamentally new kind of drink for every kind of adult drinker that could only come from White Claw’
Hard seltzer pioneer White Claw is launching White Claw 0% Alcohol in the US in January: ‘a radically new beverage’ that is designed to combine White Claw flavors with hydrating electrolytes while replicating the complexity of alcohol.... Read more
The opportunities and challenges that AI presents employers
Clare Ward, partner, and Stephen Chegwin, principal associate, of law firm Eversheds Sutherland discuss some of the pros and cons presented by artificial intelligence (AI).... Read more
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William Reed