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
natural ingredients
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
Bigger manufacturing facility in the pipeline for Provectus Algae
Australian biotechnology company Provectus Algae will be expanding into a large-scale production facility to complement the existing operations they have today. This new factory will be up and running by the end of the year in Noosaville, Australia. Boasting of a 200,000-litre production capacity, this plant will be responsible for the biomanufacturing of high-value compounds that utilise microalgae. It will be covering end-to-end services, from R&D to large-scale production. Among the … [Read more...] about Bigger manufacturing facility in the pipeline for Provectus Algae