Studies have been showing a significant impact of GLP-1 drugs on food consumption. People on these drugs eat less overall, shift toward protein and fresh produce, and move away from sugar, processed snacks, and refined carbs. Food manufacturers have been paying attention. And over the past 18 months, their responses have gone from “let’s wait […]
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Luckily, these days, procurement professionals have commodity intelligence platforms, like Vesper, to help provide the most accurate insights. Alongside this,...
Business Intelligence (BI) tools can help businesses make more informed, data-driven decisions. The right tools can also help companies improve...
Your bakery’s profitability hinges on two fundamental ingredients: soft wheat and butter. These commodities represent 45-65% of your raw material...
Understanding wheat classifications is critical for FMCG procurement managers. Each wheat type affects product quality, costs, and margins differently. This...
Ever wondered how that 120% spike in cocoa prices translates to the actual cost of your chocolate chip cookies? If...
With cocoa butter prices remaining volatile, currently hovering around €14,748 per metric ton after peaking in December 2024, food manufacturers...
In the edible oil markets, sunflower and rapeseed oil remain two of the most functionally interchangeable ingredients in industrial bakery...
“I can teach you to trade. I can’t teach you to be hungry.” — Rob Gosman, Global Commodity Head, BP.Considering...
After trending upward since mid-2024, the global coconut oil market extended its rally into 2025, with prices climbing another 33%...
In recent years, bakeries and FMCG manufacturers have faced a growing challenge: climate volatility, which is now central to sourcing...
While flavour remains a key consideration, the choice between butter and vegetable oils in industrial baking reflects evolving consumer expectations,...
The baked goods industry has had its fair share of ups and downs over the last few years, including geopolitical...