Innovation, Investment and Sustainable Trends in the Snacks Industry

In today’s episode, we speak with Tapan Shah, Head of Venture Capital, Snack Futures, at Mondelez International, on sustainable trends, innovation, and the future of snacking in the food market. We talked about his expertise in investment and how Snack Future Ventures, a multifunctional team for Mondelez, watches after the tip of the spear of the future of food. He discussed the three basic tenets in depth, which are innovate, accelerate, and venture, as well as how each group performs. He went into various points regarding consumer patterns and how he distinguishes between current trends and long-term trends. Tapan gives insight into the trends in plant-based food and the concept of sustainability in regenerative farming. He discussed his thoughts on healthy eating, which he described in two ways: cleaner ingredients and more beneficial reduction. He discussed how tastes matter a lot for any brand in the food sector and how the ethos is followed in terms of Taste at Mondelez as well. He gave a quick overview of the coLab program and how they help brands on the investment side of ventures.

Mondelez International, Inc. (NASDAQ: MDLZ) is an American multinational confectionery, food, and beverage corporation headquartered in Illinois Its purpose is to empower people to snack healthily. They will shape the world’s snacking future by providing the right snack, at the right time, and in the right way. With legendary brands including Oreo, BelVita, and LU cookies; Cadbury Dairy Milk, Milka, and Toblerone chocolate; Sour Patch Kids sweets, and Trident gum, they are pioneering the future of snacking.

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