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Kerry Group
Kerry Group
Kerry Group
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Kerry Group plc is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges.

Key Information

Kerry's Main Factory in Listowel

Given the company's origins in the co-operative movement, farmer-suppliers of the company retain a significant interest in the company.

History

[edit]

Kerry was founded in 1972 in Listowel, County Kerry as a private company (North Kerry Milk Products) with three shareholders – state-owned Dairy Disposal Company (42.5%), a federation of eight small farmer co-operatives in Kerry (42.5%) and Erie Casein Company Inc. from the US (15%).[3]

In 1986, a significant milestone in the formation of the public limited company involved the Group acquiring the undertaking, property and assets of Kerry Co-operative Creameries and as a consideration 90 million ordinary shares in Kerry Group plc being issued to the Co-op.[4] It floated on the Irish Stock Exchange at a price of 52p per share.[5]

Kerry Group has a long history of acquisitions. In 1982, the company acquired pork manufacturer Duffy Meats and Henry Denny & Sons.[6] In 1988, it acquired Beatreme Food Ingredients, a division of the Beatrice Corporation for $130m.[7][8] In 2000, it acquired Shade Foods Inc, a US sweet ingredients provider for US$80 million,[9] Armor Foods, a savory flavorings company for US$35 million[10] and Solnuts, a provider of value-added soy-based nutritional ingredients.[11]

In March 2004, the company bought the Food Ingredients division of Quest International, for US$440 million.[12] Then in August 2005, the company acquired Noon Products, a supplier of Indian and Thai ready meals, for £124m.[13]

In September 2012, the company acquired Cargill Flavor Systems, a manufacturer of food flavouring, for $230 million.[14]

In February 2015, the company acquired Rollover, a supplier of hot dogs.[15] Then in October 2015, the company acquired Red Arrow Products, Island Oasis and Wellmune, three businesses in the US taste and nutrition sector, for US$735 million.[16]

In 2021, Kerry was on the list of Industry Outlook's Top 10 Food Additive Manufacturers,[17] in addition to being ranked second on the Top 20 Global Food Preservative Companies list by FoodTalks, a Chinese food media platform.[18]

In June 2021, Pilgrim's Pride agreed to buy Kerry Group's consumer foods in the meat and meals business.[19] In June 2021, Kerry Group also agreed to acquire Niacet for the value of €853 million.[20]

In July 2021, the company acquired Biosearch Life, a biotechnology company focused on the pharmaceutical, nutraceutical and functional food sectors.[21]

In February 2022, Kerry Group announced two acquisitions: c-LEcta, a biotechnology company, and Enmex, a Mexican-based enzyme manufacturer.[22]

In April 2022, Kerry Group acquired Natreon, Inc, a US based supplier of branded Ayurvedic botanical ingredients.[23]

In August 2022, Kerry Group acquired the B2B powdered cheese business and related assets of The Kraft Heinz Company for consideration of $107.5 million.[24]

In January 2023, IRCA, Advent International's portfolio company, agreed to buy Kerry Group's Sweet Ingredients Portfolio for €500 million.[25]

In December 2023, the company acquired the lactase enzyme business of Danish companies Chr. Hansen and Novozymes for €150 million.[26][27]

In December 2024, 82% of eligible Kerry Co-op members approved a €1.4 billion proposal to acquire 70% of Kerry Dairy Ireland and exchange their Co-op shares for direct ownership in Kerry Group Plc. To fund the deal, 2.9 million Kerry Plc shares will be redeemed, raising €250 million, with the balance covered by loans linked to the share price. Members will have the flexibility to hold or sell their shares, while Kerry's dairy farmers will have the opportunity to purchase the remaining 30% of Kerry Dairy Ireland by 2035 for €150 million.[28]

Operations

[edit]

Headquartered in Tralee, County Kerry, Ireland, the Group employs over 23,000 people in its manufacturing, sales and technical centres worldwide.[29] Kerry's global Technology Centre is in Naas, County Kildare and employs 800 people.[30] Kerry supplies over 18,000 foods, food ingredients and flavour products to customers in more than 140 countries.[3] Kerry is a member of the European Flavour Association.[31]

Business structure

[edit]

The Group operates across two business:

  • Taste & Nutrition
  • Kerry Dairy Ireland[29]

Brands

[edit]

Brands include:[32]

  • Big Train
  • Island Oasis
  • DaVinci Gourmet[33]
  • Golden Dipt[33]
  • Ravifruit[33]

See also

[edit]

References

[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Kerry Group

View on Grokipedia
from Grokipedia
Kerry Group plc is a publicly traded Irish and a leading provider of taste and nutrition ingredients and solutions for the food, beverage, and pharmaceutical industries. Founded in 1972 as a small in , , it has grown into a global enterprise headquartered in , , with operations spanning 54 countries and sales in over 150 countries worldwide. The company employs more than 21,000 people and maintains a network of over 124 facilities globally, focusing on in flavors, functional ingredients, and sustainable to enhance product , texture, and benefits for goods. In 2024, Kerry Group reported total revenue of €7.98 billion, primarily from its Taste & Nutrition segment, providing solutions including non-dairy alternatives, natural extracts, and , serving major brands in retail, foodservice, and industrial channels. Its shares are listed on the and . Kerry Group's evolution from a regional dairy processor to an international leader stems from strategic acquisitions and investments in , with over 50 years of expertise in driving its portfolio across , proactive health, and pharmaceutical applications; in late 2024, it divested its Kerry Dairy Ireland business to become a pure-play Taste & Nutrition company. The company emphasizes , aiming to reduce carbon emissions and support , while partnering with customers to address consumer demands for cleaner labels, plant-based alternatives, and personalized . It continues to innovate through its global R&D centers, contributing to trends like reduced-sugar formulations and fortified beverages that promote healthier eating habits.

History

Founding and early years

Kerry Group traces its origins to 1972, when it was established as North Kerry Milk Products Limited (NKMP), a private dairy processing company in Listowel, County Kerry, Ireland. Formed by local dairy farmers in partnership with the state-owned Dairy Disposal Company and a federation of eight small Kerry co-operatives, the initiative aimed to process surplus milk from the region into exportable products, addressing the challenges of limited local markets and capital constraints. The initial facility was funded by an investment of €200,000 from three shareholders—the Dairy Disposal Company (42.5%), the co-operative federation (42.5%), and the U.S.-based Erie Casein Company (15%)—to build a €1 million dairy plant focused on skim milk processing. Early operations centered on manufacturing basic ingredients and products, including from skim , , powder, and oil, with the plant handling 16 million gallons of skim annually to produce 2,000 tonnes of primarily for export to the via Erie Casein's networks. Employing a modest of about 40 , NKMP achieved first-year profits of €127,000 on turnover of €1.3 million, demonstrating early viability despite the cooperative's rural roots and limited scale. In 1974, the company restructured as Kerry Co-operative Creameries Limited, acquiring state-owned creameries and six additional co-operatives for €1.5 million, which broadened its operations and increased supply from 67 million gallons in 1974 to 87 million gallons by 1978, while sales grew to €29 million. A pivotal diversification step came in 1982 with the acquisition of Duffy Meats, a prominent Irish pork producer, alongside Henry Denny & Sons, marking Kerry's first venture beyond dairy into convenience and signaling ambitions for broader sector involvement. By the mid-1980s, the had expanded to include multiple processing plants across counties like Cork, , Galway, and Limerick, serving thousands of farmer members and achieving sales of approximately IR£200 million. In 1986, to secure capital for sustained expansion, Kerry's shareholders approved its transformation into a , Kerry Group plc, with a flotation on the Irish Stock Exchange in October at €0.66 per share. This move capitalized on the prior year's performance of €268 million in sales and €6.5 million in pre-tax profits, enabling further investment in facilities and operations while retaining strong ties to its agricultural base.

Expansion and acquisitions

Kerry Group's expansion strategy in the and beyond relied heavily on strategic acquisitions to diversify beyond its Irish roots and establish a global presence in the flavors and ingredients sectors. This approach accelerated the company's international footprint, particularly through targeted purchases that enhanced its capabilities in , bio-ingredients, and savory profiles. A pivotal early acquisition occurred in November 1994, when Kerry Group purchased DCA Food Industries from Allied Domecq for $402 million. This deal significantly expanded Kerry's cheese and ingredients production, integrating operations across the , , , , and , thereby strengthening its European market position and elevating the ingredients division to a major global player. In 2004, Kerry advanced into the global flavors market by acquiring the Food Ingredients division of from ICI Group for US$440 million. The transaction introduced expertise in bio-ingredients and pharma-ingredients, bolstering Kerry's portfolio with established international customer relationships and enhancing its competitive edge in the food and pharmaceutical sectors. The acquisition of Flavor Systems in December 2011 for US$230 million further solidified Kerry's savory flavors offerings. This purchase added integrated flavor development and delivery capabilities, with the acquired business generating approximately US$200 million in annual revenues and employing around 700 people across global facilities, enabling Kerry to provide comprehensive solutions for food and beverage applications. Subsequent deals continued this momentum into the . In September 2021, Kerry acquired Niacet Corporation for €853 million, integrating the company's leadership in food protection cultures and preservatives to expand Kerry's clean-label and preservation technologies. Later, in September 2022, Kerry purchased the North American business-to-business powdered cheese operations of for US$107.5 million, incorporating a manufacturing facility in Albany, , and 62 employees to reinforce its dairy ingredients expertise. These acquisitions collectively transformed Kerry Group, driving revenue growth from approximately €500 million in the early to over €7 billion by 2020 while shifting the business emphasis from consumer products to high-value B2B ingredients and flavors solutions. This strategic pivot positioned Kerry as a leader in taste and technologies worldwide.

Recent developments

In 2021, Kerry Group sold its Consumer Foods Meats and Meals business to Corporation for €819 million, marking a key step in its strategic pivot toward a pure-play B2B model focused on the Taste & division. This divestiture streamlined operations by exiting non-core consumer-facing activities in the UK and , allowing the company to concentrate resources on flavor, , and solutions for global food manufacturers. In February 2023, Kerry resolved a U.S. Department of Justice investigation into a 2018 outbreak at its facility, pleading guilty to a charge of introducing adulterated into interstate commerce and agreeing to pay a record $19.2 million fine. The incident, linked to insanitary conditions during production of cereal, resulted in 73 illnesses across 31 states. Following the , Kerry Group invested in and to address disruptions and enhance . The company's Accelerate program, which continued through 2023, allocated €53.5 million to optimize processes, , and distribution networks, incorporating dual sourcing and advanced planning tools. In parallel, Kerry appointed a and established a office, advancing initiatives in data analytics, process , and customer portals to support predictive insights and real-time service improvements. These efforts contributed to a reported 8.0% volume growth in 2021 as markets recovered. Kerry continued portfolio reshaping in 2023 by divesting its Sweet Ingredients business to IRCA, an Advent International portfolio company, for an undisclosed sum, further refining its focus on high-growth nutrition segments. That year, the company also pursued targeted acquisitions, including Shanghai-based Greatang Orchard Food for over $100 million to bolster its Asia-Pacific presence in fruit and vegetable ingredients. In December 2023, Kerry announced a €150 million agreement to acquire the lactase enzymes business of Chr. Hansen and Novozymes, which was completed in April 2024, expanding enzyme capabilities in dairy and plant-based applications. In 2024, Kerry faced regulatory scrutiny, including a July settlement with the State of Wisconsin over air pollution violations at its Manitowoc facility and an August fine of £360,000 in the UK for health and safety failures after a worker lost four fingers at its Gloucester plant. A major restructuring occurred in late 2024 when Kerry agreed to sell Kerry Dairy Ireland to Kerry Co-Operative Creameries in a phased €500 million transaction, with phase one—transferring a 70% stake for €350 million—completed on December 31, 2024. This move separated consumer dairy operations while Kerry retained a 30% stake initially and maintained influence over the milk through its ongoing with the co-op, enabling Kerry to become a fully focused Taste & Nutrition provider. Phase two involves options for the co-op to acquire the remaining stake by 2035. In March 2025, Kerry Dairy Ireland faced criticism from Limerick farmers over CEO comments on production costs amid ongoing milk pricing disputes. As of November 2025, Kerry's annual outlook emphasized sustainable solutions amid ongoing and economic pressures, projecting adjusted growth of 7-11% at constant currencies and continued volume expansion in core markets. The company reported 3.0% volume growth in the first half of 2025, driven by product in the and , with no major new acquisitions announced.

Corporate Profile

Headquarters and leadership

Kerry Group's is located at Prince's in , , , serving as the company's principal corporate office. Established in 1978, the modern facility houses key corporate functions, including executive , finance, and activities. The company is publicly traded on under the ticker symbol KRZ and on under KYGA. Following the completion of the Kerry transaction in early 2025, Kerry Co-operative ceased to be a direct shareholder, with its members becoming direct holders of Kerry Group shares equivalent to approximately 85% of the Co-operative's prior shareholding, thereby maintaining substantial voting control. Edmond Scanlon serves as , having been appointed in October 2017 after previously holding the role of since 2014. is the Non-Executive Chairman, appointed in 2022, bringing extensive experience in . The board consists of 13 members, including four and nine independent non-executive directors with expertise in areas such as , , , and global business strategy. In July 2025, the company announced that Gerry Behan will retire effective December 31, 2025. Kerry Group demonstrates a strong commitment to governance through its adherence to European Sustainability Reporting Standards (ESRS) for ESG disclosures, as outlined in its annual reports. Several senior executive appointments were made in 2025 to support strategic growth.

Financial overview

Kerry Group's revenue stood at €8.02 billion in 2023, reflecting a year of stable performance amid market challenges. In 2024, group was €7.98 billion, a slight decline of 0.5% year-over-year, primarily due to pricing pressures, though continuing operations achieved 3.3% volume growth driven by the Taste & Nutrition segment. For , analysts project revenue growth at a compound annual rate of approximately 5.5% through 2026, with first-half 2025 revenue reaching €3.5 billion and third-quarter volume growth of 3%, indicating a trajectory toward €7.0-7.2 billion for the full year on a continuing basis post-divestiture. In terms of profitability, Kerry Group reported EBITDA of €1.251 billion for 2024, with a continuing EBITDA margin of 15.7%, up 120 basis points from 2023, supported by operational efficiencies. Net debt at year-end 2024 was €1.93 billion, maintaining a net debt-to-EBITDA ratio of 1.6 times, a position strengthened following the 2021 divestiture of non-core assets. The company's stock performance as of November 19, 2025 showed a of approximately €12.47 billion, reflecting resilience in the food ingredients sector. Kerry Group has maintained consistent payouts since its public listing, with a current yield of 1.63% and an annual of €1.31 per share paid semi-annually. A significant financial event in late 2024 was the agreement to sell Kerry Dairy Ireland to Kerry Co-operative Creameries for €500 million, with the initial 70% stake transaction completing in January 2025 and funded through a combination of share buybacks and co-op resources, providing Kerry Group with substantial cash proceeds. During the , Kerry Group did not suspend dividends, instead increasing the interim payout by 10% in 2021 to 28.5 cent per share amid recovery.

Operations

Global presence

Kerry Group employs more than 21,000 people across over 50 countries, supporting its operations in taste and nutrition solutions globally. The company maintains 124 manufacturing facilities in 34 countries, complemented by approximately 70 technology, innovation, and application centers worldwide, with key production hubs in (including a major site in ), , , and . In September 2025, Kerry announced plans to open a new manufacturing facility in , USA. Kerry supplies ingredients and solutions to thousands of customers in the , beverage, and pharmaceutical sectors, serving a diverse range of end-use markets. Nearly all of its revenue (over 90%) is derived from markets outside , with the contributing 55% of continuing revenue, 21%, and , , and Africa (APMEA) 24% as of fiscal year 2024. The company's is vertically integrated and emphasizes , partnering with numerous suppliers to achieve deforestation- and conversion-free sourcing for forest-risk commodities by the end of 2025; it has adapted to 2025 tariffs through localized production policies to minimize impacts and addresses risks via a comprehensive transition plan targeting net-zero across its by 2050.

Research and innovation

Kerry Group's efforts are centered at its Global Technology and Innovation Centre in , , , which serves as the primary hub for advancing taste and nutrition solutions. Opened in 2015 following a €100 million investment, the facility accommodates hundreds of staff, including scientists focused on flavor modulation, clean-label ingredients, and sustainable food technologies. This centre supports global customer engagement and product development through state-of-the-art laboratories and pilot plants designed for real-food testing and natural ingredient processing. In September 2025, Kerry opened a new centre in , , to develop enzyme-based solutions. The company's innovation pipeline emphasizes key areas such as plant-based proteins via its platform, low-sugar reformulation technologies, and for and . Kerry maintains a global R&D team of over 1,200 food scientists who integrate consumer insights with scientific expertise to address market demands for healthier, . In 2023, the group allocated €301 million to R&D activities, reflecting ongoing commitment to these priorities amid a focus on volume growth in taste and segments. Kerry holds an extensive portfolio of patents supporting its technological advancements in ingredients and processes. Notable 2025 innovations include the AI-powered tool KerryKalaido, which accelerates flavor ideation and formulation by analyzing sensory data and market trends, and ongoing integrations of solutions aligned with the company's goal of 100% reusable, recyclable, or compostable plastics by 2025. Collaborations with academic institutions bolster Kerry's research capabilities, including partnerships with the Alimentary Pharmabiotic Centre at for biotic technologies targeting gut-brain health, the University of Wisconsin-Madison for dairy and , and for isolating novel bacterial strains in . These alliances, along with industry engagements, drive high-impact contributions to nutrition science and product innovation.

Business Structure

Taste & Nutrition division

The Taste & Nutrition division constitutes the primary (B2B) arm of Kerry Group, specializing in the development and supply of flavors, enzymes, and functional ingredients to manufacturers across the , beverage, and pharmaceutical industries. This division drives the majority of the group's operations, focusing on innovative solutions that enhance product taste, texture, and nutritional profiles while addressing challenges. In , it accounted for the continuing of €6.9 billion out of the group's total €8.0 billion, underscoring its dominant role in the company's portfolio. The division operates through two main sub-segments: , which encompasses flavors and fragrances designed to meet consumer preferences in processed foods and beverages; and , which provides proteins, stabilizers, enzymes, and other bioactive ingredients to support health-focused formulations. These offerings primarily serve key sectors including , beverages, meat processing, and pharmaceuticals, enabling clients to create products that balance sensory appeal with functional benefits such as improved and reduced additives. By integrating these sub-segments, the division supports global manufacturers in navigating regulatory demands and shifting market trends toward healthier options. Key operational metrics highlight the division's scale, with Kerry Group employing over 21,000 individuals worldwide in 2024, the vast majority dedicated to Taste & Nutrition activities across , research, and sales. Growth has been bolstered by strategic acquisitions, notably the 2022 purchase of Kraft Heinz's B2B powdered cheese business for $107.5 million, which added specialized cheese solutions and expanded capabilities in dairy-based ingredients for industrial applications. This acquisition integrated a facility in and 62 employees, strengthening the division's position in savory flavor systems. Looking ahead, the division's strategic priorities for 2025 emphasize "sustainable nutrition," aiming to deliver solutions that enhance while minimizing environmental impact. This includes advancing low-carbon technologies and expanding access to products with positive nutritional profiles, with a goal to reach over two billion people by 2030. Supporting these efforts are ambitious targets, such as a 55% reduction in absolute Scope 1 and 2 by 2030 and a 30% decrease in , aligned with science-based initiatives to combat . plays a crucial role in these priorities, informing product innovations that align with global standards.

Kerry Dairy Ireland division

The Kerry Dairy Ireland division focuses on the processing and marketing of consumer dairy products, including milk, cheese, and butter, primarily serving the Irish market with some exports. Established as a vertically integrated operation from farm to retail, it produces iconic brands like Kerrygold, emphasizing high-quality, grass-fed dairy derived from Ireland's pastoral traditions. In 2024, the division reported revenue of €1.3 billion, accounting for about 16% of Kerry Group's overall €8 billion revenue, driven by a 1.6% increase in volumes amid stable market conditions. The division operates six manufacturing plants across Ireland and the UK, with major facilities concentrated in County Kerry and surrounding areas, including Listowel for butter production, Charleville for cheese processing, and sites in Newmarket and Millstreet for additional dairy operations. These plants enable efficient processing of raw milk into finished products, supplying leading retailers such as Tesco Ireland with everyday essentials like Kerrygold butter and cheese portions. This regional footprint supports quick distribution and maintains product freshness for domestic consumers. In late 2024, Kerry Group restructured its ownership of the division through a phased to Kerry Co-operative Creameries Limited, its largest . Phase 1, completed on December 31, 2024, transferred 70% ownership to the Co-op for €350 million, while Kerry Group retained a 30% stake to foster continued collaboration on supply for its global & operations. The full transaction, valued at €500 million, aims to sharpen Kerry Group's focus on B2B activities while empowering the Co-op to lead consumer efforts. This arrangement preserves synergies, with Kerry remaining a vital source of specialized components. As a prominent player in Ireland's dairy sector, Kerry Dairy Ireland processes over 1.1 billion litres of annually, positioning it among the top processors with strong dominance in branded and cheese segments. Its market leadership is bolstered by a commitment to , achieving industry-first Stage 5 verification under the Sustainable Dairy Partnership in 2025. The division sources exclusively from around 2,800 family-owned farms in , promoting low-carbon, grass-based production that aligns with 's agricultural heritage and meets growing consumer demand for traceable, eco-friendly .

Products and Brands

Product categories

Kerry Group's product categories primarily fall under ingredients for taste, texture, and nutrition, designed for applications in food, beverage, and pharmaceutical sectors following the 2024 divestiture of its Kerry Dairy Ireland business. These categories are developed through the Taste & Nutrition division to address consumer demands for enhanced sensory experiences and health benefits. Flavors form a foundational category, encompassing savory and sweet variants used in snacks, beverages, and other processed foods to deliver authentic and innovative taste profiles. Savory flavors and extracts provide depth through , herbs, and spices, while sweet flavors and extracts, often derived from natural sources like fruits and , support formulations in desserts and drinks. Dairy-specific and dairy-free flavors further enable realistic profiles for cheeses, milks, and plant-based alternatives, ensuring versatility in both traditional and vegan products. Texturants include stabilizers, emulsifiers, and texture systems that enhance , , and stability, particularly in alternatives and complex matrices like sauces and beverages. These ingredients prevent separation and improve sensory qualities, allowing for smoother integration in plant-based milks and yogurts without compromising quality. Nutrition actives comprise bioactive compounds such as , vitamins, and prebiotics incorporated into health-oriented foods to promote digestive, immune, and overall wellness. like BC30 support gut balance and immune function in everyday products, while targeted solutions address specific needs, including infant nutrition and through fortified blends. In emerging areas, sustainable solutions include upcycled proteins sourced from food , such as those derived from spent brewing grains to create nutrient-dense crisps for texture and protein enhancement. Biotech-derived enzymes facilitate cleaner by enabling efficient breakdown of substrates, reducing use and in production while supporting eco-friendly formulations. Kerry maintains an extensive portfolio of over 18,000 stock-keeping units (SKUs) tailored for foodservice, retail, and pharmaceutical applications, allowing customization across global markets. For 2025, key trends emphasize sugar reduction technologies, where natural sweeteners like and monk fruit enable up to 30% replacement in formulations while preserving sweetness and consumer appeal.

Key brands

Kerry Group's key brands are primarily housed within its Taste & Nutrition division, emphasizing premium ingredients and solutions for foodservice and beverage applications worldwide. These brands target both consumer-facing products and B2B uses, such as syrups, mixes, and coatings that enhance flavor and functionality in cafés, restaurants, and . DaVinci Gourmet, acquired by Kerry Group in 2003, specializes in gourmet syrups, sauces, and beverage bases for coffee shops, bars, and restaurants, offering over 200 products available in more than 60 countries to support artisan-style drinks like lattes and smoothies. Big Train, purchased in 2013, provides a wide range of powdered beverage mixes including blended coffees, smoothies, chai, and teas, distributed to over 55 countries and popular in quick-service outlets for their ease of preparation and consistent quality. Golden Dipt offers premium breading, batter, and coating mixes tailored for seafood, poultry, and fried foods, enabling foodservice operators to achieve restaurant-quality results with products like tempura batters and breadcrumbs used in chains and casual dining. Island Oasis, acquired in 2015, focuses on frozen cocktail and beverage mixes for smoothies, daiquiris, and frozen coffees, serving as an industry leader in over 25 countries with all- options that simplify bar operations. Ravifruit, part of Kerry's portfolio, delivers high-quality fruit purees and for patisserie, desserts, and beverages, sourced from natural fruits and used by professional bakers and chefs for consistent flavor in items like tarts and sauces. These brands align with Kerry's strategy of premium positioning through in and , supporting growth in the foodservice sector while falling into broader product categories like beverage enhancers and savory coatings.

References

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