The yeast market is looking to be one that’s poised for rapid growth from 2021 to 2025. While the segment is forecasted to expand, there is a concern regarding meeting this demand. There is also currently a molasses shortage, which has made it difficult to produce yeast-based ingredients. To address future capacity gaps and further strengthen its position in the industry, Angel Yeast has announced its acquisition of Bio Sunkeen’s yeast business and related assets. Angel Yeast will be able to … [Read more...] about Angel Yeast set to acquire Bio Sunkeen for a boost in production capacity
Ingredients
Layn Natural Ingredients grows line of non-GMO botanical extract ingredients
Utilising Non-GMO ingredients is becoming a growing practice in the food and beverage industry lately. Demand for this variant is on the rise, estimated to be at CAGR of 15.7% from 2021 to 2026. It’s no wonder that this product segment has attracted the attention of various companies in the market. Layn Natural Ingredients, one of the largest innovators in the space, has added more natural botanical extracts to its current line. Additionally, these new types have been verified by the Non-GMO … [Read more...] about Layn Natural Ingredients grows line of non-GMO botanical extract ingredients
Cargill set to acquire Singapore-based chocolate supplier Aalst
Demand for chocolate and cocoa products is growing in the Asian market, with it being forecasted to be worth $27.1 billion this year in the Asia-Pacific region alone. Besides a general interest in sweet food, this increase in interest is fueled by health too. Cocoa contains anti-inflammatory and anti-oxidant properties that can prevent certain diseases. To further strengthen its foothold in the Asia-Pacific and to better serve industrial and foodservice consumers in the region, Cargill Cocoa … [Read more...] about Cargill set to acquire Singapore-based chocolate supplier Aalst