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The US chocolate market is estimated at approximately $18.9 billion per year, and has been growing at an annual rate of 2%, according to the 2017 research by Euromonitor International.

The move is a unique opportunity to develop the future of the industry by combining the expertise of one of America’s largest food company with the energy, innovation and entrepreneurialism of startup culture.

Wild Asia is the implementation partner for the program that will be managed by both Kerry Group and IOI Loders Croklaan.

GlobeNatural brings more than 25 years of experience in the sourcing, manufacturing, and exporting of natural food ingredients. The natural colors are used in a wide range of food and beverage applications in every region of the world.

Called Artesa® Chickpea Flour, the new ingredient addresses a number of issues that have prevented other nutritionally desirable pulse/legume flours from gaining widespread adoption – including taste, sensory characteristics and formulating functionality.

This initiative is a way for the company to give back to the underserved community of growers and processors who have been at the heart of Synergy Flavors’ success for decades.

Recognized as a pioneer in organic flavoring, the group developed and commercialized the first organic-certified flavors in North America during the late 1990s.

The deal includes EVOLVE to conditionally acquire the Gorilly Goods brand and maintain its manufacturing facility in Jackson, Wis., while acquiring the Supernola brand and move its manufacturing to the Gorilly Goods facility.

MFP manufactures and packages virtually every type of sauce, dressing and condiment for some of the largest food service and retail companies.

The center is seven-times the size of the existing facilities and will serve as the foundation of Beyond Meat’s commitment to innovation through accelerated experimentation, learnings, and progress toward the goal of building plant-based meat that is indistinguishable from its animal-based equivalent.