News & Analysis on Food & Beverage Development & Technology
US-based gums, hydrocolloids and natural colors expert FMC Corporation has moved into the omega-3 market with the acquisition of European fish oil giant Epax in a $345m deal.
Starbucks has teamed up with Danone’s US subsidiary, Dannon, in an attempt to establish a foothold in the country’s booming Greek yogurt market.
MILLING & GRAINS FOCUS
Archer Daniels Midland Company (ADM) has developed two ‘premium’ sorghum flours through collaboration with US seed firm Nuseed Americas.
Penford Food Ingredients used the IFT show in Chicago as its launch platform for PenNovo 03 and PenNovo MD, two highly soluble, enzymatically-treated starches that deliver functional benefits, save cash and help firms meet demand for non-GMO ingredients.
For Justin Woolverton, founder and CEO of premium ice cream brand Halo Top Creamery, life had become too sweet and too sour at the same time. A dissatisfaction with his career path and a dietary restriction landed him in the freezer aisle.
Open innovation used to be just for the likes of P&G and Unilever, but today, it's being embraced by a lot of mid-sized companies in the $100m-$1bn revenue range as well, according to Andy Zynga, CEO of open innovation expert and corporate matchmaking...
Special edition: Sustainable sourcing
Plant-based proteins were a hot topic at the IFT show this year, whether from algae, pea, rice, soy or other plant-based sources. One firm making waves in this market is RiceBran Technologies, which caught up with FoodNavigator-USA at our booth to talk...