Findlater & Co
Oliver Sutherland from Irish group Findlater tells us how the increasing use of plant-based dairy free milks such as soya or coconut are impacting the coffee market.
Steve Evans at UK salad specialist Freshtime talks about how protein-replacement products such as lentils, chickpeas and kidney beans are increasingly important ingredients.
Boris Bourdin, Managing Director of the food division of €1.5bn French agricultural and food cooperative giant Euralis, says being successful comes down to offering “transparency and choice” for the consumer. “They want to know exactly how products are made and where they’re coming from.”
Blazing a trail
Jakob Tolstrup Kristensen, Clearwater International Partner in Denmark, explains why growth in the health foods sector will continue to soar. In Denmark organic food as a share of the grocery market has increased from 7% in 2010 to 10% in 2016. The number of Danes who live partly or completely as vegetarians increased from 4% in 2010 to 8% in 2016. And sales of ‘free-from’ products doubled from 2012 to 2016, while the number of available Nordic Ecolabel products also doubled from 2013 to 2016.
The past year has been an extremely busy one for M&A activity across the food and beverage industry. Rising M&A across the sector is being driven by changing tastes as consumers continue to become more health aware and conscious of how their food is sourced. In particular this is resulting in an increased number of higher-end and niche product deals as consumers switch to healthier foods over cheaper and faster alternatives.