WORLD NEWS
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Kerry to establish new innovation center in Australia to reduce time to market for new products
AUSTRALIA -Irish-based taste and nutrition company, Kerry has announced that it will develop a purpose-built food technology and innovation centre in Queensland, Australia in an…
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Danone finalizes sale of stake in Chinese dairy company Mengniu
FRANCE – French dairy company, Danone has finalized the strategic sale of its approximately 9.8% stake in China Mengniu Dairy Company Limited. According to a…
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Study shows many consumers don’t know what ‘Best If Used By’ and ‘Use By’ dates mean
US – A new study published in the Journal of Nutrition Education and Behavior has revealed that consumers are confused by what “Use By” and…
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Alternative protein companies Oatly, Benson Hill initiate plans to go public
US – Oatly and Benson Hill, two prominent alternative protein companies, have kickstarted the processes of going public in a bid to raise more equity…
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IFF agrees to sell fruit preparation business in pursuit of portfolio optimization
NEW YORK —American ingredients supplier, International Flavors & Fragrances has agreed to divest its fruit preparation business to Portuguese based food ingredients supplier Frulact, for…