- In June 2024, Barry Callebaut secured a EUR 700 million investment to combat soaring cocoa prices, ensuring financial stability. Rising costs pose challenges for SMEs, though EU funds support innovation and sustainability. Funding aids R&D, eco-friendly initiatives, and healthier confectionery. The industry adapts to volatility while preparing for future growth and competition in an evolving global market
- In July 2024, Hormel Foods Corporation (NYSE: HRL) announced that its SPAM and STAGG chili brands won category awards in the 2024 Most Trusted Awards by BrandSpark International. SPAM® took first in canned luncheon meat, while STAGG chili won in the canned chili category, highlighting the brands' popularity and trust in Canada
- In May 2023, The Kanan Enterprises, parent company of King Nut and Peterson Nut Companies, was certified a SQF level 2 by NSF International for their Plant #1. Which was an unannounced audit. SQF stands for Safe Quality Food and it certifies the quality management system of King Nut. This audit is based on accredited HACCP Food Safety Plans. SQF Level 2 is one of the highest ratings a food/baking company can achieve with regard to quality under this prestigious audit
- In October 2024, SkinnyDipped has launched topless peanut butter cups, featuring a creamy peanut butter center encased in a rich dark chocolate shell. With only 3g of sugar per cup, these better-for-you treats offer indulgence without the guilt
