Nicholas Towle

The orange 🍊 crisis continues unabated as climate-driven extreme weather, citrus greening disease and political instability in key orange-growing regions have severely disrupted supply chains and driven up prices to unprecedented levels. In an exclusive interview with Food Ingredients First, Kerry's Erlon Pereira dives into the perfect storm of challenges facing the orange 🍊 (and wider juice ) industries, as well as difficulties in the citrus 🍋 🍊 flavors sector. Supply chain constraints due to heatwaves, drought and citrus greening disease — an incurable bacterial infection that causes bitter, stunted fruit and kills trees within a few years — have led to soaring prices 💵 💲, up by more than 20% in a year. This price increase continues to create significant challenges for companies in the F&B industry while harvests are at a low. Meanwhile, the surge in prices 💰is forcing manufacturers and consumers to adapt, considering alternative fruit juices like pear, apple 🍎 🍏 and grape 🍇 to mitigate costs and supply chain disruptions. How can the team at Kerry help? The Kerry team has been working with beverage manufacturers for quite some time to help address the challenges they are facing with the citrus commodity market. Depending on the product application, whether it be a juice, soft drink or an alcoholic drink, Kerry has a comprehensive toolkit available that our applications teams can use to help our customers reduce their reliance on citrus commodities or truly reinvent their product with innovative consumer-focused concepts. Please do read the full article on the link below to find put more, and please do get in touch with the beverages team at Kerry, we are here to help. #beverages #orangejuice #taste #cirtus #orangejuicecrisis #Kerry #orange Thomas Hahlin Ahlinder John Savage Leigh-Anne Vaughan Sheelagh Pentony Samantha Fagundes de Toledo Marc LEJEUNE Farrah Gilsenan Breda Kelly Tiphaine BEAU Carol Dunne Gwyneth Kelly Michelle Osagie Gilles Halotel Michel Aubanel Sergio Saavedra Rodríguez Ian Chesworth Birgit Schaaf Aoife Mc Donald Elaine Druhan Erika Minaguchi Magdalena Edyta Przewoźnik Barbara Lezzer John Craven Mark Gallo Francois Sonneville Stephen Rannekleiv Bourcard Nesin Jim Watson Ton Mesters Sean Ging Sinéad Smith David Deeley Brian Short Kerry: Reducing reliance on citrus commodities as orange crisis continues to bite (foodingredientsfirst.com)

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More and more as climate disruption and lack of channeling of resources to soloutins these organisms will continue to challenge be us despite all the warnings of the last five years and more. We focus on the problems but in the meantime don’t ourselves prepare the soloutions. Note some significant references such as amateur gardening but breaches of seed regulation and best practice disciplines can be the big disruptive element in this article which give more credence to the need for industry items to provide the soloutions and for governments to channel the appropriate well managed soloutins. I am waffling on about this topic of provenance and seed tuber management since 2018 and I raised it quite formally in many occasions. So much so I feel foolish even talking abd putting out money and staff efforts where words are not enough. Actions speak louder than words but words are more abundant on this topic than actions. #potato #crops #potatoblight #sustainability

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A new study has found that the pea protein supply chain faces two main risks: geopolitical turbulence and disruption to pea processing. Conflict in particular is driving up prices and interfering with supply, making it essential for us to prepare for bottlenecks in advance. At Prinova, we're committed to working with suppliers to proactively address these issues. Strong relationships will be key for keeping a steady supply even in the face of global tension and disruption. #WeArePrinova #PrinovaGlobal #PeaProtein #SupplyChain

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UNFI just reported a surprisingly good Q3. Everyone in our industry should be celebrating. Their earnings call outlined how their larger Natural/Organic/Specialty accounts (WFM/TFM/GFH) are performing well. It’s a good thing, that these accounts are continuing to perform well and showing consumer resilience against persistently high pricing. This opens more innovation into more doors, and allows for the transfer of market share from Big CPG to emerging brands. It’s also a good thing their simplified fee structure (SSA) is paying off and producing more sustainable EBITDA rates for them because the stability of their supply chain network is important for retailers. There’s a nascent cottage industry built around helping small brands navigate UNFI’s “deduction” process. It’s important to understand that this 7% “Inside Income” forms the basis of their core profitability model. Nobody is going to “outsmart” or “outhustle” that 7% model long-term. Every brand signs the Policies and Procedures document and the details are all in the minutiae there. It’s important to understand that UNFI does not make its profits selling product…they earn more than 100% of their EBITDA by BUYING product. Their fees aren’t “predatory” they are just optimized for mature, larger brands who make up more than 80% of their sales. If you want a simplified no deduction model, and you don’t want to have to patchwork together 5-10 smaller distributors to reach national scale, you should work with us instead. We only make money when we sell product and we only work with emerging, growth brands. ALL of our fees are posted on our website, and we explain them to every brand that onboards with us in a 30 minute call. We can onboard you by the end of the day today if you want. Otherwise, UNFI is a very competent incumbent, and they are here to stay. Pod Foods #innovation #unfi #grocery

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“Brown is the color of Flavor”…I learned this many years ago, watching Andrew Zimmern and I never forgot it. The Maillard reaction is fascinating (interesting article in comments) in and of itself, but this is just the tip of the iceberg. Tonight we have Moroccan Lamb Merguez sausage, oyster mushrooms with ginger/soy/miso reduction and onions caramelized in Calabrian chili oil. In other words, 3 continents, 3 completely different food cultures, and 1 common denominator: Umami and explosive brown FLAVOR. We shouldn’t be afraid of mixing together unusual flavor combinations as long as they taste GREAT. If you make a CPG product and are looking for inspiration on new product development, just remember that we live in a culture that rewards innovation and experimentation. If it tastes good, and you can price it right, make it and trust your instincts. Pod Foods will help you bring it to market and we’ll let the consumers vote with their wallets. #innovation #brown #cpgbrands #podfoods Andrew Zimmern Sydney Webb Will Nitze Total Quality Logistics Flowspace Daniel Scharff Michael Weber Lex Evan®

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Big step towards a just transition and rebalanced food system I am really encouraged by the recent European Commission report which calls for "urgent, ambitious and feasible" change in farm and food systems. It calls for a rebalancing of diets towards plant-based proteins. Highlighting the need for support such as better education, stricter marketing, voluntary buy-out of some farms and tax reduction on healthy & sustainable food products. There is also a call to move from the current subsidy system to a just transition fund. This arena has often felt like a battleground between farmers, lobbyists, environmentalists, food businesses, politicians and others. So for me the most encouraging reaction to the report comes from the European Council of Young Farmers, who saw the process of creating this report as: "actually making steps into the transition in a collective and strategic way". Amen to that and here's to collective action making positive change work for those people and communities who are engaged in it! #healthyandsustainablediets #foodsystemchange #foodbusiness #foodandfarming #eatmoreplants ____________________________________ I am Co-founder of Oh So Wholesome and a supporter of collective action in the food system to achieve positive change - all with the goal of healthier and more sustainable diets.

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🌾 A shared prospect for farming and food in Europe? Yesterday marked a significant milestone as the European Commission unveils the final report from the Strategic Dialogue on the Future of EU Agriculture. This report is set to be a cornerstone in shaping the Commission’s Vision for Agriculture and Food, which will be unveiled within the first 100 days of President von der Leyen’s second term. At Carlsberg Group, we’re supporting this transformative journey. Our focus? Accelerating the shift to regenerative agriculture—a powerful solution to some of today’s most pressing agri-food challenges. With the right policy frameworks, funding, and data mechanisms in place, the EU Commission has the potential to create an environment where sustainable practices can thrive. It’s crucial that we continue to recognize the importance of these practices in shaping the future of our food systems. Together with our partners, we’re committed to diving into the report’s recommendations and driving meaningful change towards a more sustainable future for agriculture. Let’s plant the seeds of change today for a greener, more resilient tomorrow! 🌾 #SustainableFarming #RegenerativeAgriculture #EUCommission #FutureOfAgriculture

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Not sure what the weather looks like in other regions, but here it is raining. And raining. And raining. As European agriculture faces increasingly erratic weather patterns, the need for innovation has never been more pressing. Farmers across the continent grapple with the challenges of floods, heatwaves, and other extreme weather events that threaten crop yields and livelihoods. But amidst these challenges lies immense potential for innovation to revolutionize farming practices and resilience. By embracing cutting-edge technologies and adopting forward-thinking practices, farmers can better adapt to the challenges of climate change. Let's work together to unlock the full potential of innovation and ensure a brighter tomorrow for European agriculture! #keepgrowing

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Exploring Key Investment Challenges in the Food and Ingredients Sector Last week, we reached out to our network to identify the greatest challenges facing investors in the dynamic food and ingredients sector. Your responses provide crucial insights into the hurdles that shape our industry: Regulatory Compliance: 40% Market Volatility: 27% Finding Scalable Opportunities: 23% Technological Integration: 10% Insights: A significant 40% of you pointed to Regulatory Compliance as the top challenge, reflecting the complex and varying global regulatory environment that can impact investment strategies. Market Volatility, influenced by external factors like climate change and consumer shifts, was also a major concern, highlighted by 27% of respondents. Finding Scalable Opportunities remains a substantial barrier for 23% of investors, underscoring the difficulty in identifying ventures that can grow sustainably and meet the increasing consumer demand for health-conscious and environmentally friendly products. Interestingly, Technological Integration—essential for enhancing efficiency and traceability—was seen as the least challenging, which suggests that while important, other pressures are currently more pressing in the minds of investors. Conclusion: These findings underscore the complex landscape we navigate as investors in the food sector. Each challenge requires innovative approaches and strategic foresight. As we continue to explore and invest in this crucial industry, sharing our experiences and solutions will be key to overcoming these obstacles and driving forward with successful ventures. Thank you to everyone who participated. Let’s keep the conversation going—how are you addressing these challenges in your investment strategies?

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Healthy soils are more than just the foundation of food production; they play critical roles in filtering water, supporting biodiversity, and mitigating climate change. Yet, farmers are often not compensated for these vital ecosystem services, leading to hidden costs in our agrifood system estimated at $10 trillion. As we face the challenge of feeding a growing population on limited land while combating climate change, it's clear that our current farming approach needs rethinking. #Sustainability #Agriculture #ClimateChange #SoilHealth #FutureOfFarming

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This is the future of the climate challenge. Taking action is no longer solely about 'doing the right thing'. It's about how climate change is impacting our businesses. That impact is becoming increasingly apparent, particularly in food production. And we haven't seen the worst of it yet. We're doing some research with the brewers to collectively model the extent of the risk and potential of different mitigation actions. Essential work as we secure the future of our food & drink supply.

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The world’s cocoa supply challenges are real. As Jacopo Prisco so articulately reports, innovators across the globe are exploring many solutions – and happy for Celleste Bio Ltd. to be spotlighted for its use of cellular agriculture to farm 100% real cocoa. We are a #cocoatech company comprised of chocolate lovers that are committed to producing a sustainable cocoa supply. We are the only solution today that combines the best traditional farming practices with modern technologies to produce 100% real, chocolate grade cocoa butter. Our vision is to scale this to grow anywhere in the world without having to ever cut down a single tree. We think that’s pretty sweet. 🍫 🍫 🍫 Hanne Volpin, Ben Sivan, Silvia Zypman, Radi Aly Nitza Kardish, PhD, Barak Singer, The Trendlines Group Laura Shulman Mondelēz International

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Mario Draghi’s recipe for overhauling the European economy has plenty of ‘big bangs’, but also very valuable, lower-hanging fruit that make sense and could deliver big benefits. One of them is what you might call lowering the ‘cost of failure’ in Europe — the time and cost needed to restructure and change strategy when a high risk R&D investment fails. It may not sound as big as issues around red tape or tax, but it plays a big role in the US-EU tech divide… https://lnkd.in/ei4yH_Um

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The European Union Deforestation Regulation (EUDR) is not just a European issue. It’s a global issue. And a big one. #EUDR #deforestation #globalissue

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🌍 Emerging Markets: The Future of Food Ingredients is Here! 🚀 As developed markets reach maturity, the spotlight is shifting to emerging regions like Asia, Africa, and South America. These areas are becoming the epicenters of growth for the food ingredients industry, driven by rapid urbanization, economic expansion, and evolving dietary habits. 🌱 In this week’s newsletter, I dive into the key drivers behind this shift and explore how companies can tap into these opportunities to sustain long-term growth. From localizing products to leveraging digital platforms, the potential for innovation is immense. But with opportunities come challenges—navigating complex regulations, overcoming supply chain hurdles, and understanding local consumer behavior are critical for success. 🌍 Whether you're looking to expand into these markets or simply stay ahead of industry trends, understanding these dynamics is essential. Don't miss out on the insights that could shape your strategy and position you as a leader in this evolving landscape. 💡 🔗 Read the full article here and subscribe to stay updated on the latest trends in the global food ingredients market. https://lnkd.in/ejG5SbkW #EmergingMarkets #FoodIngredients #GlobalGrowth #Innovation 🚀🌱🌍

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After climate resilience, Nature is our next challenge. We need strong sector collaboration to address those risk.

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Putting Sustainability on the Board agenda I just came back from a 2 day workshop at IMD in Lausanne. Great professors and participants guaranteed very insightful answers to the question: Putting Sustainability on the Board agenda: what, why, when and how? A few insights: - sustainability has moved from voluntary storytelling to mandatory reporting requirements - ESG is investor-company centric and sustainability is people-planet centric (both are complimentary) - prepare a double materiality matrix to define a sustainable strategy taking into account input from all relevant stakeholders - investigate which of the 9 planetary boundaries are affected by your company and define a transition plan to reduce impact - financial and impact materiality drive reporting requirements following the CSRD framework (EU) - dependent on the progress of ESG thinking in your company, a dedicated or mixed Board committee is required to provide appropriate governance - global risks are more and more related to environment, social & geopolitical issues and IT Happy to discuss with any Board members in my network. Just send me a DM.

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Are we really heading back to synthetic foods? Maybe the motivation is more to do with off world ambitions than a sustainable future at home. This article reminds me of some of the more dystopian sci-fi novels I read when younger. The science is innovative but are we really saying that we dont have the where-with-all to work with nature rather than trying to circumvent it? However, maybe this this is the future and we should embrace it? https://lnkd.in/ezCTmquX

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”The future is plant-based. Population is expected to grow 25%, and with it the demand for food. Producing 1000 kcal beef requires >100m2 of land, while producing 1000 kcal of Palm oil requires <1 m2. At the same time, the world continue to increase meat and dairy consumption. A lot of protectionism and misperceptions today, and a need to become more fact-based on how we can create a more sustainable food system. With deforestation free sourcing, increasing yields and smallholder engagement in our supply chain, and increasing incentives for consumers to do more sustainable choices on the retail shelf - we believe in and are committed to create a more sustainable and more plant-based future.” - inspired by our CEO at today’s annual generals meeting.

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