New York-based flavors and fragrances giant IFF is to acquire Israeli flavors and natural ingredients firm Frutarom in a $7.1bn deal that will propel it into the #2 spot in the global flavors market behind Givaudan.
Plant-based meal kit company Purple carrot has sold an equity stake in its company to fresh cut fruit and veggie firm Fresh Del Monte Produce Inc for $4m in a deal that will give it access to additional ingredients, farms, and the retail distribution...
Consumers aren’t shopping for seafood the same way they shop for other fresh category products, and it shows, with overall seafood sales remaining sluggish mainly due to unique barriers that don’t exist in other fresh food areas.
With the June 18 deadline to drop partially hydrogenated oils (PHOs) fast approaching, most food manufacturers have found alternatives, from palm oil, to liquid oils blended with palm fractions. But R&D work on interesterified high oleic oils that...
More often than not, better-for-you products are more expensive than their traditional counterparts – limiting their accessibility to those who can afford higher prices. But online grocer Brandless believes everyone deserves better and to make that possible...
Nestlé has secured the global rights to market Starbucks consumer and foodservice products in a €6bn (US$7.15bn) tie-up that the company said will expand its presence in the premium coffee space.
