Carla Hilhorst

Danone's 𝗺𝗮𝘀𝘁𝗲𝗿𝗰𝗹𝗮𝘀𝘀 𝗶𝗻 𝗽𝗼𝗿𝘁𝗳𝗼𝗹𝗶𝗼 & 𝘁𝘂𝗿𝗻𝗮𝗿𝗼𝘂𝗻𝗱 management? Danone is made of businesses (essential dairy, mineral water, infant milk & specialized nutrition) with very different market positions for Danone, category sizes, historic growth, long-term potential, profitability/ ROCE & exposure to water/ co2 true costing 𝗔 𝗳𝗲𝘄 𝗿𝗲𝗰𝗮𝗽 𝗼𝗳 𝘁𝗵𝗲 𝗸𝗲𝘆 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗺𝗼𝘃𝗲𝘀 𝘂𝗻𝗱𝗲𝗿𝘁𝗮𝗸𝗲𝗻 𝗼𝘃𝗲𝗿 the last year: ⚫ 𝗧𝗵𝗲 𝗱𝗶𝘃𝗲𝘀𝘁𝘂𝗿𝗲 𝗼𝗳 𝗴𝗿𝗼𝘄𝘁𝗵/ 𝗽𝗿𝗼𝗳𝗶𝘁 𝗱𝗶𝗹𝘂𝘁𝗶𝘃𝗲/ 𝗽𝗿𝗼𝗯𝗹𝗲𝗺𝗮𝘁𝗶𝗰 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 (the Michel & Augustin biscuit business; the US organic milk business with Horizon Organic, Wallaby; EDP Russia…) ⚫ 𝗧𝗵𝗲 𝗱𝗿𝗮𝗺𝗮𝘁𝗶𝗰 𝗮𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗿𝗲𝗹𝗲𝘃𝗮𝗻𝘁 𝗽𝗿𝗼𝗱𝘂𝗰𝘁 𝗶𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻𝘀 (both within the brands’ heartlands & addressing consumer trends) on its core (Actimel, Activia, Volvic...) ⚫ 𝗧𝗵𝗲 𝗮𝗹𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗶𝗻 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝘆 𝘁𝗼 𝗮𝗿𝗲𝗮𝘀 𝘁𝗵𝗮𝘁 𝗱𝗶𝘀𝗽𝗹𝗮𝘆 𝘁𝗵𝗲 𝗵𝗶𝗴𝗵𝗲𝘀𝘁 𝗥𝗢𝗖𝗘 𝗽𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 (higher growth, higher margin & sometimes also lower CAPEX intensity as % of revenue), ie. Specialized Nutrition with: => A first acquisition in April 2023 - 𝗣𝗿𝗼𝗺𝗲𝗱𝗶𝗰𝗮, 𝗮 𝗣𝗼𝗹𝗶𝘀𝗵 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘀𝗶𝗻𝗴 𝗶𝗻 𝗰𝗮𝗿𝗲 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 𝗳𝗼𝗿 𝗽𝗮𝘁𝗶𝗲𝗻𝘁𝘀 𝗮𝘁 𝗵𝗼𝗺𝗲 offering go-to-market optionalities across some key markets incl. UK => A second acquisition announced in May 2024 - 𝗙𝘂𝗻𝗰𝘁𝗶𝗼𝗻𝗮𝗹 𝗙𝗼𝗿𝗺𝘂𝗹𝗮𝗿𝗶𝗲𝘀, 𝗮 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗽𝗿𝗼𝘃𝗶𝗱𝗲𝗿 𝗼𝗳 𝗼𝗿𝗴𝗮𝗻𝗶𝗰, 𝘄𝗵𝗼𝗹𝗲-𝗳𝗼𝗼𝗱 𝗲𝗻𝘁𝗲𝗿𝗮𝗹 𝗳𝗲𝗲𝗱𝗶𝗻𝗴 𝗳𝗼𝗿𝗺𝘂𝗹𝗮𝘀 – oral meal replacement - providing a new platform of innovative products in the highly strategic & regulated US market => Last week, the €𝟲𝟬𝗺 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗶𝗻𝗴 𝗶𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗮𝗹𝗶𝘇𝗲𝗱 𝗡𝘂𝘁𝗿𝗶𝘁𝗶𝗼𝗻 𝗶𝗻 𝗙𝗿𝗮𝗻𝗰𝗲 (another €50m was announced last year in a Polish plant) 𝗗𝗮𝗻𝗼𝗻𝗲 𝗻𝗼𝘄 𝗵𝗮𝘀 𝗯𝗲𝗮𝘁 𝘁𝗼𝗽/𝗯𝗼𝘁𝘁𝗼𝗺-𝗹𝗶𝗻𝗲 𝗰𝗼𝗻𝘀𝗲𝗻𝘀𝘂𝘀 𝗳𝗼𝗿 𝘁𝘄𝗼 𝗾𝘂𝗮𝗿𝘁𝗲𝗿𝘀 𝗶𝗻 𝗮 𝗿𝗼𝘄 𝗮𝗻𝗱 𝘄𝗮𝘀 𝘁𝗵𝗲 𝗼𝗻𝗹𝘆 𝗙&𝗕 𝗙𝗠𝗖𝗚 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝘁𝗼 𝗽𝗼𝘀𝘁 𝘃𝗼𝗹𝘂𝗺𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗶𝗻 𝗤𝟭 𝟮𝟬𝟮𝟰 (out of 12 we cover): unexpected for many... With a debt ratio approaching now the x3 EBIT & increasing trust from the financial community, planets start to align for an acceleration in M&A Still a 𝗹𝗼𝘁 𝗼𝗳 𝘄𝗼𝗿𝗸 𝗮𝗵𝗲𝗮𝗱 𝗰𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗶𝗻𝗴 𝘄𝗵𝗲𝗿𝗲 𝘁𝗵𝗶𝘀 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗰𝗼𝗺𝗲𝘀 𝗳𝗿𝗼𝗺 𝗯𝘂𝘁 𝗱𝗲𝗳𝗶𝗻𝗶𝘁𝗲𝗹𝘆 𝗲𝘅𝗰𝗶𝘁𝗶𝗻𝗴 𝘁𝗶𝗺𝗲𝘀 for Danone 𝗧𝗼 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲 𝘁𝗼 𝗼𝘂𝗿 𝗙𝗠𝗖𝗚 𝗖𝗘𝗢 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿: https://lnkd.in/ea4gy65y #fmcg #cpg Nestlé Frederic Fernandez & Associates

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Great move to advance the legal framework for alternative proteins! Such a „sandbox principle“ allows startups to experiment and explore market-/profit-fit (extrapolation), and it can be that clear and simple. High time for Switzerland to sort out the legal framework! Bettina Dr Brinkmann, Daniel Heller, Emil Virag ☑

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Consumers crave an authentic, international food experience now more than ever. What can thought leaders in the food and beverage industry take away from the latest consumer behavior? Find out by watching the full video here: https://lnkd.in/e9M_z-pz

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🔍 Unlock the secrets of F&B market analysis with our latest article! 🌍 Discover why 76% of launches fail within a year, and at the same time, learn how understanding consumer tastes can transform your strategy. Explore the power of our Country Taste Profile method to identify untapped market segments and tailor your product research accordingly. #TasteScience #SensoryProfiling #MarketInsights #VinhoodMethodology

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Chocolate manufacturers in Asia are now expanding the variety of textures as well as playing with cocoa contents in their products, as consumers seek new experiences ranging from taste, smell, sight and mouthfeel (texture). Preferences over chocolate products also can vary according to cultural backgrounds. In Southeast Asia, there is a strong preference for dairy chocolate with its sweet and smooth texture profile, whereas in Europe and the US, consumers are becoming more health conscious and look at chocolates which are less sweet and with higher cocoa contents. According to latest research from Mintel, there has been a modest uptick in chocolate confectionery brands in Asia which highlighted the product textures on the packaging. The crunchy texture is the most prevalent followed by smooth, melt-in-the-mouth and chunky textures. The report also mentioned that by type, chocolate countline category sees the most launches with textures. It is very important to understand the preference and palate of a different markets when approaching with new products. You may read the full analysis on: https://lnkd.in/gtDPAkhr Asia Food & Beverages Report Mintel Kantar Gabriele Falcone Filippo Cassabgi Pierluigi Pollio #snacks #indulgentproducts #chocolate #southeastasia #china

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Many organizations today, regardless of size or industry, are struggling with a common ailment: leadership fragmentation. Misaligned goals, siloed teams, and a lack of cohesion can hinder overall performance. As a global leader in food safety and quality, Mérieux NutriSciences was not immune to these challenges. However, through a strategic partnership with BOxD, they were able to overcome these hurdles and achieve remarkable results. By implementing Leadership Alignment Sessions, Tailored Leadership Coaching, and Company-Wide Growth Mindset Initiatives, Mérieux NutriSciences was able to: ●  Unify their leadership team: Breaking down silos and creating a shared vision. ●  Improve operational efficiency: Streamlining processes and reducing waste. ●  Foster a culture of innovation: Encouraging creativity and risk-taking. ●  Achieve sustainable growth: Increasing profitability and market share.  “BOxD did an outstanding job in grasping our situation, really taking the time to get to the heart of it. It never felt like they were just applying some off-the-shelf solution. Sure, there’s a structure and a methodology to their approach, but it was always applied in a way that was mindful of our company’s unique legacy and mindset.” - Sébastien Moulard, President of Mérieux North America. Want to learn more about how BOxD can help your organization achieve similar results? Let's connect!  Read the full case study 👉 https://lnkd.in/e6NiSKb9 #LeadershipDevelopment #OrganizationalChange #CorporateCulture #Growth #BOxD

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What's next for M&A in the specialty food and beverage ingredient sector? Mega-mergers have significantly shaped M&A activity in this industry over the past few years. Now, as these mega-mergers move to synergy-realization, the sector is entering a new period of M&A. But it faces challenges such as inflation-related consumer spending weakness and high interest rates. In our latest report, "Beyond the Mega-Merger," we delve into the future of M&A in the specialty food and beverage ingredient sector. Explore what lies ahead for M&A in this sector. 📩 Download the full report now to gain valuable insights and stay ahead of the game: https://bit.ly/3ZpN3oJ And reach out to our experts to learn more: Alexander Belderok, Michelle Briffett, Eesha Nayak #RolandBerger #FoodIngredient #FoodAndBeverage #MAInsights

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Ultra-processed foods are an unending source of confusion and contention for scientists, nutritionists, government bodies, and consumers. At IFT FIRST in July, an expert panel will discuss what we know and don't know about UPFs, and the research needed to reach a scientific consensus. Read more about the upcoming panel and additional IFT FIRST programming highlights in AgFunder: https://hubs.la/Q02BbBrY0 #IFTFIRST #UltraProcessedFoods #UPFS

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🤱 Human milk provides optimal energy for infant growth and development, with its composition being influenced by the mother’s diet. According to Kelly Dingess, Senior Science Program Leader at Danone Research & Innovation: “Creatine plays a significant role in mother-infant nutrition, yet it gets frequently overlooked.”    Previous studies suggest that creatine is important especially for fetal growth and neonatal development. When examining its flow through the umbilical cord and its presence in breast milk throughout lactation, researchers found higher levels of creatine in colostrum (early-stage milk).     In a recent study, higher concentrations of creatine in colostrum and a gradual decrease over the lactation period were observed. Dingess explains: “Between weeks 18-40 of gestation, creatine accumulates in the fetal brain, fuelling growth 💪 and neural development 🧠 processes. It functions as a key component of the creatine kinase circuit, facilitating the conversion of ADP to ATP – the primary energy currency of cells. Even after birth, creatine levels in the infant's brain continue to rise during the first three months. Therefore, adequate maternal dietary intake of creatine during pregnancy and breastfeeding is of relevance and merits greater attention.”    These findings highlight the importance of creatine in neonatal nutrition and underscore the crucial role of breastfeeding in supplying this nutrient during early stages of infant development.    🔍 Want to learn more? > https://lnkd.in/ghp6uHgF.   #Creatine #HumanMilk #Nutrition #DanoneRnI #Breastfeeding #SimplifyingScience

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With consumers increasingly favoring clean labels and artisanal products, specialty food ingredient producers are focusing on developing allergen-free options and ingredients that align with the growing demand for healthier, more diverse food choices. #cleanlabels #specialtyfood #foodindustry #marketgrowth #marketanalysis

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🌟 Unlocking the Future of Flavor: Dive into the Food Flavor Market Report! 🌟 📈 Ready for a taste of growth? Our latest market research report reveals that the global food flavor market is poised to grow at an impressive CAGR of 6.2% over the coming years. Get ready to discover the secrets behind this flavorful expansion! 🌍🍽️ What’s Cooking in the Market? Market Segmentation: Natural vs. Synthetic: The battle between natural and synthetic flavors heats up. Natural flavors are gaining ground due to health-conscious consumers, but synthetic flavors remain vital for their cost efficiency and consistency. Flavor Types: From sweet and savory to umami and exotic, the diversity in flavor types is expanding to cater to evolving consumer palates. End-Use Applications: Think beverages, bakery, dairy, snacks, and even pet food – each segment is spicing things up with innovative flavor solutions. Regional Flavor Profiles: North America: Leading the charge with a craving for diverse and experimental flavors. Europe: Known for its culinary heritage, Europe is embracing both traditional and modern flavor trends. Asia-Pacific: A hotbed for market growth, driven by a dynamic food culture and rising incomes. Latin America & MEA: Emerging regions with a growing appetite for new and exciting flavor experiences. Request a free sample: https://lnkd.in/dRxBywV3 Why the Buzz? Health & Wellness: A shift towards natural, organic, and clean-label flavors is fueling market demand. 🌱 Culinary Exploration: Consumers are adventurous, seeking out bold and unique flavor combinations. 🌶️🍋 Technological Advancements: Cutting-edge flavor creation techniques are enabling brands to deliver authentic taste experiences. 🔬 Spicing Up the Future: Imagine a world where every bite is a burst of innovation. With the food flavor market evolving rapidly, businesses have the opportunity to stay ahead by embracing these trends and pushing the boundaries of taste. From sustainable sourcing to customized flavor profiles, the possibilities are endless. 💡 Pro Tip: Brands that can balance tradition with innovation and natural with synthetic will lead the way in this vibrant market. Access full report here: https://bit.ly/4bqb6ac Join the Flavor Revolution! Are you ready to tantalize your taste buds and elevate your culinary creations? Connect with us to dive deeper into these insights and discover how your business can thrive in the dynamic world of food flavors. Let’s make the future flavorful, together! 🍽️✨ #FlavorFuture #MarketGrowth #CulinaryInnovation #FoodTrends #NaturalFlavors #TasteRevolution #BusinessInsights #GlobalMarket #FoodInnovation #SustainableFlavors

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💼🤝 The B2B landscape is full of opportunities and challenges. Innovation and adaptability are key if you want to stand out in this digital age. 🤖 From the rise of AI to personalisation, we uncover the key trends shaping B2B food and nutrition marketing in 2024 and share suggestions to confidently navigate its shifting landscape. 🎯 🔗 Start reading blog post: https://bit.ly/3XwjnoX #smartcore #digitalmarketing #b2bmarketing #blogpost #businessblog

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Not had a chance to catch up on the latest SC FMCG news this week? I've got you as always with another snippet of 𝑾𝒆𝒆𝒌𝒍𝒚 𝑺𝒖𝒑𝒑𝒍𝒚 𝑪𝒉𝒂𝒊𝒏 𝘮𝘢𝘳𝘬𝘦𝘵 updates across 𝘪𝘯𝘯𝘰𝘷𝘢𝘵𝘪𝘰𝘯, 𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺, 𝘪𝘯𝘷𝘦𝘴𝘵𝘮𝘦𝘯𝘵, 𝘦𝘹𝘦𝘤 𝘮𝘰𝘷𝘦𝘴 & more! 💸dsm-firmenich announces sale of yeast extract business (€120M annual sales) to Lesaffre 💊Roquette plant-based ingredients & pharma firm to acquire Pharma Solutions at IFF in $2.85bn deal 💄Walgreens plans for Boots Retail USA, Inc. IPO, could be valued at £7Bn in any deal 👗Gap, H&M & others join initiative transition to low carbon tech & solutions in fashion supply chain 🍔McDonald's names next Chief Supply Chain Officer for North America 📧FedEx layoffs, cost cuts target up to 2,000 EU jobs on back-office & commercial roles 🌶️Sriracha shortage with supply issues at Huy Fong Foods, Inc. affected by climate change again 👟On is working with AI & robotics manufacturer Verity to increase inventory visibility in its fulfilment ops Stay tuned for more news next week - anything I've missed? 𝑪𝒐𝒎𝒎𝒆𝒏𝒕 𝒃𝒆𝒍𝒐𝒘! #supplychainnews #fmcg #supplychainsustainability #sustainablesupplychain

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Outlook 2024: Flavor Trends One of the most noticeable changes in flavor profiles anticipated is a shift from sweet and sugary tastes to bold and bitter flavors. This transition reflects a growing sophistication in palates and a desire for more complex taste experiences. The rise in popularity of floral flavors stands out not only for their unique taste but also for their positive connections to emotional and mental well-being. Ingredients like lavender, rose, and elderflower are expected to make their way into a variety of food and beverage products, offering consumers a sensory experience that goes beyond mere taste. This evolution in flavor trends encourages consumers to push the boundaries of traditional taste, exploring new combinations and challenging their preconceptions about what constitutes a desirable flavor profile. As a result, we can expect to see more adventurous product offerings in the market, catering to this newfound appetite for bold and unconventional flavors. www.chefseasons.com/en #chefseasons #chefstable #tastiertogether #worldcuisine #food #flavortrends #gastronomy #chef #markets #sauces #spice #trendsetter #innovation #strategicpartner #privatelabel #flavorcompany #foodtrendforecast

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