Two years of pandemic have caused major economic problems around the world. But instead of the markets recovering, high inflation, exploding energy costs, and volatile market and price developments in the raw materials markets have greatly aggravated the situation. These factors are having a huge effect on consumer purchasing power. According to Innova Market Insights, 40 percent of consumers around the world say that their disposable income has declined during the pandemic. Higher inflation will continue to burden household budgets, so the costs and affordability of food products will remain a growing problem.
Hydrosol supports the food industry with various solutions that help ensure continued sufficient food supplies at affordable prices. The company focuses on replacing raw materials and developing economical recipes. “Raw material substitution is a core topic right now,” explains Hydrosol Product Manager Katharina Schäfer. “Locust bean gum, which is used in many stabilizing systems, is one example. As of today it has gone up in price by a factor of eight. In order to compensate for this increase, our R&D department has been researching alternative solutions intensively for some time now.”