The global plant-based probiotics market is estimated at US$ 890.1 million in 2022 and is expected to expand at an impressive CAGR of 6.7 percent during the forecast years of 2022-2032. Plant-based probiotics are integrated as food supplements in daily food items due to their digestive health benefits, such as enhancement of gut health and increased immune response. Due to government standards and safety requirements in end-user operations, key manufacturers focus on providing high-quality … [Read more...] about Sales of Plant-based Probiotics to Record Stellar Growth for Forecast Period 2022 – 2032
Market Trends
Kerry showcases good performance, revenue shows 15.2% organic growth
Kerry’s financial results for the first half of 2022 increased by 13.3 percent to € 4.1 billion (US$4,19 billion), showcasing an organic growth of 15.2 percent overall. The ingredients company celebrates the overall performance and hopes this will continue despite the concerns over inflation and geopolitical uncertainty, shares its CEO, Edmond Scanlon. “Volume growth was solid in both retail and foodservice channels, driven by an increased level of innovation … [Read more...] about Kerry showcases good performance, revenue shows 15.2% organic growth
Hershey Reports Second-Quarter 2022 Financial Results; Raises 2022 Net Sales and Earnings Outlook
HERSHEY, Pa., July 28, 2022 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended July 3, 2022, and raised its full-year financial outlook. "Our business momentum continued in the second quarter, with double-digit sales growth in each of our segments resulting in strong earnings per share performance," said Michele Buck, The Hershey Company President and Chief Executive Officer. "These results reflect the strength and … [Read more...] about Hershey Reports Second-Quarter 2022 Financial Results; Raises 2022 Net Sales and Earnings Outlook
