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
Kerry
Kerry finishes acquisition of botanical extract company Natreon
To further expand its line of science-backed natural ingredients, Kerry has announced the completion of its acquisition of Natreon. The latter, a U.S.-based company, is a supplier of Ayurvedic botanical ingredients. These extracts, mainly utilised for the dietary supplement and functional food and beverage industries, are backed by 52 clinical studies. These are also protected by U.S. and foreign patents. Netreon’s portfolio includes the following: Sensoril® – Ashwagandha extract for … [Read more...] about Kerry finishes acquisition of botanical extract company Natreon
Consumers focus more on proactive health, research shows
According to a study conducted by nutrition company Kerry, consumers across all age groups are becoming even more proactive about their health and wellness. This trend, in effect, is influencing purchasing decisions in food and beverage products. Insights can be read in the company’s e-book, "Functional Health Benefits for Every Generation". Markets are expanding to roll out products that are targeting specific life stages and other demographic categories, like gender. In general, immune … [Read more...] about Consumers focus more on proactive health, research shows
