24 February 2022
We see a scarcity of raw materials in various market areas, resulting in increased difficulty for companies to obtain certain raw materials. Prices have increased as a result of this scarcity, which in turn is causing companies to look for cheaper alternatives. In recent months, we have discussed savings in raw material costs with our clients more frequently.
We advise companies on the replacement of existing raw materials that are no longer available, and about the replacement of these materials with cheaper alternatives. Smartfood R&D supports its clients by calculating the effects of alternative raw materials and advising on the implementation of alternative raw materials. In this way, we are supporting our clients in a highly dynamic raw materials market.