Weekly Trade Information-129

author: SNC | Good Fortune

2024-12-13

Erythritol

Erythritol is a zero-calorie, good-tasting bulking sweetener, which is suitable for various sugar-free and reduced-calorie foods and beverages. For thousands of years, Erythritol has been a part of the human diet, and it is contained in fruits and other foods. Erythritol has high digestive tolerance and does not cause a rise in blood sugar, so it is suitable for diabetic patients. At the same time, it does not promote the formation of cavities.

(Source: New Nutrition)

Italy's economy slows down

Italy's National Institute of Statistics:Downgrades economic expectations to 0.5%.

Recently, Italy's National Institute of Statistics released a report, downgrading Italy's GDP growth forecast to 0.5% for 2024 and reducing the GDP growth rate from the 1.1% predicted in June to 0.8% for 2025. The report believes that Italy's economic growth in 2024 will be mainly driven by exports, while in 2025 it will need to rely more on domestic demand, and the inflation level may rise moderately.

(Source: Waitusi)

Dialogue with the CMO of Burger King from China: Why is it so important for Burger King to launch the "Bucket Series" for the first time?

In Western fast-food chains, the "bucket" is considered a product form that consumers like to share during gatherings. For example, KFC's iconic Family Bucket has always been popular among Chinese consumers. At present, Burger King is also trying to enter the field. On December 11, Burger King officially launched two "Bucket Series" products, namely the “King Bucket “and the "Sweet Burger Bucket". The former contains 5 kinds of Burger King's signature snacks, and the latter contains hamburgers, snacks, desserts, and beverages, etc. It is worth noting that this is also the first time that Burger King has launched a bucket series product. In order to better attract customers, Burger King has priced the King Bucket at 39.9 RMB - a competitive price. In addition, it has also carried out a cross-border collaboration with the Mobile game "Mr.Love: Queen’s Choice". Consumers who purchase the "Sweet Burger Bucket" can get the "Sweet" products related to " Mr. Love: Queen’s Choice".

(Source: Foodinc)

Mondelēz International Considers Acquiring Hershey's or Spawning a New Food Giant

So far, Mondelēz International operates many brands in China, including Oreo, Chips Ahoy, Cadbury, Dazzling Miles, Hershey's, Ritz, Loyal, etc, covering a wide range of categories such as cookies, chewing gum, candies and chocolates. Hershey's business in China focuses on chocolate, and its products include a variety of flavors of Hershey's chunky chocolate, “Hershey's Kisses” drop-shaped chocolate and so on. Spurred by the news of the potential acquisition, Hershey's shares rose 19 percent in the U.S. trading session on Monday, marking the biggest intraday gain in more than eight years. By Monday's US close, Hershey shares were up 11 percent, giving it a market capitalization of $39 billion. Mondelēz International, on the other hand, fell 2.3%, with a market capitalization of about $82 billion.

(Source: Foodaily)

Pea Protein High Water Retention

Plant Protein Supplier Burcon Launches New Pea Protein

A new pea protein called Peazazz C was recently introduced by plant protein supplier Burcon NutraScience Corp. Burcon says their technology can convert yellow field peas into a high-purity isolated protein. According to Burcon, Peazazz C pea protein provides manufacturers with more than 90% protein purity and low sodium content. Peazazz C can be used in applications such as beverages, dairy alternatives, baked goods, nutrition bars, lifestyle nutrition products, meal replacements, and vegetarian and vegan products.

(Source: Waitusi)

The “Silver Hair Economy” has become a trend

Recently, the elderly care profession has been on the microblogging hot search again. According to the news, the Ministry of Education released the “2024 Annual Declaration of Undergraduate Specialties in General Colleges and Universities”, which shows that the “geriatrics and health” specialty ranks fifth in the number of specialties declared. According to statistics, in Shanghai University of Engineering Science, the employment rate of the graduates of this major has reached 100%.

（Source: Waitusi)