SweeGen (Rancho Santa Margarita, CA) has entered into a joint venture with the China Commercial Foreign Trade Group (CCFT) for the distribution of its Bestevia sweeteners in China.
Photo © iStockphoto.com/ olm26250
SweeGen (Rancho Santa Margarita, CA) has entered into a joint venture with the China Commercial Foreign Trade Group (CCFT) for the distribution of its Bestevia sweeteners in China. CCFT’s affiliate company China Commerce Sugar Industry Co. is one of the largest sugar distributors and trading partners internationally.
Chinese consumers consume about 15 million tons of sugar annually, but with concerns about growing health problems in China linked to obesity and diabetes, sugar consumption is expected to decrease. China’s “Healthy China 2030” initiative seeks to reduce sugar consumption by 17%.
The strategic partnership coincides with SweeGen’s continued efforts to expand its regional applications capabilities around the globe to support and collaborate closely with customers, enabling unique local solutions. Most recently, SweeGen’s Bestevia Reb E was approved as a food additive in Australia and New Zealand.
Woodland Foods acquires Idan Foods to expand further into foodservice and industrial channels
April 29th 2024Woodland Foods, a provider of globally-sourced, plant-based ingredients has announced the acquisition of Idan Foods, which provides breading and batters, coating systems, baking mixes, and seasonings.
Kaneka Nutrients to unveil new consumer research on menopausal women at Vitafoods Europe 2024
April 26th 2024The company will reveal the results of the research that is based on live feedback from 200 menopausal women who took 200 mg per day of Kaneka Ubiquinol over two-months, monitored the effects, and recorded their observations.