Archives for March 4, 2021

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Grummies democratizes superfoods with a gummy format

Grummies democratizes superfoods with a gummy format

By Mary Ellen Shoup

Many consumers are aware of the nutritional value so-called superfoods have, but few can commit to a daily diet packed with turmeric, ashwagandha, and elderberry (and even fewer enjoy the taste). This hangup was the impetus for Grummies, a brand of...

Olam reports robust 2020 performance

Financial results

Olam reports robust 2020 performance

By Anthony Myers

Olam has reported a strong operating performance across its new structure, which includes its cocoa business in Olam Food Ingredients (OFI).

Lindt banking on ‘pent-up’ demand as net profits fall

Financial results

Lindt banking on ‘pent-up’ demand as net profits fall

By Anthony Myers

Swiss premium chocolate maker Lindt & Spruengli said it is aiming for 6-8% organic sales growth this year after the pandemic hits key areas of its business with net profit falling 37.5% to 320.1 million Swiss francs ($349.53 million) in 2020.