Royal DSM has entered into an agreement to acquire First Choice Ingredients, an ingredients and flavourings company at an enterprise value of $453 million. The latter is a supplier based in Germantown, Wisconsin with about 100 employees. First Choice Ingredients has maintained its leading position in the market as a provider of savoury flavourings used for taste and functional solutions. Their product portfolio includes clean label, fermented dairy and dairy-based variants. The company is … [Read more...] about DSM acquisition of First Choice Ingredients slated for completion in Q4 2021
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These 5 consumer behaviors are creating opportunities in food and beverage innovation
According to research released by ingredients and flavours supplier ADM, about 60% of consumers around the world intend to boost their overall health and wellness in the next 2 months. More than being passive, people will be more proactive in keeping healthy, in light of the recent COVID-19 pandemic. This means a shift towards more functional nutrition and choosing food with natural or close-to-nature ingredients. ADM also listed these consumer behaviors that companies should take note of … [Read more...] about These 5 consumer behaviors are creating opportunities in food and beverage innovation
Inulin market in F&B industry expected to grow, research reveals
In light of the COVID-19 pandemic and the general interest towards healthier food consumption, people are paying attention to what is in the things that they eat. Items that have natural ingredients in them are becoming the preference. There’s also a high demand in dietary and functional food that can boost health even more. This is why companies are looking into adopting unorthodox substances into their product lines. One of these ingredients is inulin, a type of probiotic that is gaining … [Read more...] about Inulin market in F&B industry expected to grow, research reveals
