The innovation centre houses a multidisciplinary team of experts in food science, biotechnology, nutrition, consumer insights, material science and design, and it is supported by the Singapore Economic Development Board.
"The Singapore innovation centre will support Ferrero in its continuous pursuit of cutting edge technological solutions to offer our consumers the best quality products that provide new taste dimensions,” said Giovanni Ferrero, chief executive officer.
“Ferrero’s decision to establish its first global innovation centre in Asia in Singapore reflects the significance of the rapidly expanding consumer markets in Asia,” said Dr Beh Swan Gin, chairman, Singapore Economic Development Board. “We look forward to having Ferrero work with partners in Singapore to develop unique product offerings.”
The company’s decision to open the centre in Singapore was motivated by the country’s strategic location in Asia and its prominent role within the global scientific research community, which includes the Agency for Science, Technology and Research. This offers an ideal platform for experimenting with novel technologies and raw materials with the aim to develop and test new products.