How is the beverage industry looking like today, during the post-COVID era? Prior to the pandemic, the “healthy” trend was already growing vigorously and consumer purchasing power was thriving. When the pandemic hit our shores, consumer awareness of immunity increased exponentially in light of our fight against COVID. This led to the increased popularity of immune-boosting functional beverages such as probiotic concepts, herbs with anti-infection properties (e.g., ginger, curcumin and … [Read more...] about Nutrition top priority in beverage sector
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IFF makes $87 million investment in Indonesia facility
Ingredients company IFF has invested in extending their existing flavors manufacturing facility in Karawang, Indonesia. Spending about $87 million, this new plant is the largest in Greater Asia and covers 12,800 square meters of land. It was established in 2015 to address the need for flavor technology in the region. Now, the newly extended facility houses state-of-the-art and modern technology for powders, emulsions and spray drying. It also serves as a warehouse and quality control takes … [Read more...] about IFF makes $87 million investment in Indonesia facility
The Hershey Company tops Forbes list of female-friendly companies
Out of 300 honorees, the Hershey Company was ranked first in Forbes’ World’s Top Female Friendly Companies after showing commitment to diversity, equity and inclusion (DEI) in the workplace. According to the company’s Sustainability Report released last year, Hershey showed 48.1% of gender diversity in offices around the world, with 37.4% comprising of women leaders. The Board of Directors also presents 42% gender diversity. In 2020, the food company spearheaded an initiative with the … [Read more...] about The Hershey Company tops Forbes list of female-friendly companies