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Tag: AAK

By Agatha Wong In “The Asia Food Challenge 2021: Understanding the New Asian Consumer” report published by PwC, Rabobank, and Temasek, the “new sophisticated Asian consumer” is discerning about the food they eat, driven by “spending growing disposable income on more expensive, tastier food”. Likewise, they are also shifting to...
Patrik Andersson has been appointed chairman of AAK’s board of directors until a new chairman is elected by the general meeting. The appointment follows the deeply saddening and sudden passing of AAK's former chairman of the Board, Georg Brunstam. Patrik Andersson has been a member of AAK's Board of Directors since 2019...
AAK has signed an MOU to extend its strategic collaboration with BVeg Foods, with the objective is to develop plant-based meat solutions and meet the country’s growing demand for sustainable and delicious meat alternatives. Plant-based meats are gaining traction in India, given the increase in awareness of such products and...
AAK AB will invest SEK500m to install biomass boilers at its production plant in Aarhus, Denmark – an initiative that is expected to reduce the plant’s CO2 emissions by approximately 90%. The installation will also generate substantial savings as fossil fuel will be replaced by shea meal, a by-product...
Since the outbreak of COVID-19, consumers are increasingly optioning for affordable indulgences to satisfy cravings and relieve stress. Premium chocolate and hybrid confections are considered affordable indulgences. As lockdowns became the new normal, many consumers shifted toward online shopping, leading to a surge in e-commerce. Digital transformation has also...