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Sensient Technologies acquires assets of Flavor Solutions Inc.

By Mary Ellen Shoup

Sensient Technologies has acquired the assets of New Jersey-based Flavor Solutions, a custom product and flavor development company serving the food, beverage, and nutraceutical industries. Terms of the deal were not disclosed.

Photo Credit: Remedy Drinks

Aussie brand Remedy Drinks brings zero-sugar kombucha stateside

By Mary Ellen Shoup

As the #1 selling brand in Australia, New Zealand, and the UK, and the fourth largest kombucha company globally, producing more than 90 million cans per year, Remedy Drinks is seeking to replicate its success in the US market where it says consumers are...

Photo Credit: Chobani

Chobani files confidentially for IPO

By Mary Ellen Shoup

Chobani has filed a confidential draft registration statement for a proposed initial public offering (IPO) with the Securities and Exchange Commission (SEC). The number of shares of common stock to be sold and the price range for the proposed offering...

Photo Credit: Getty Images / yacobchuk

Chocolate consumption on the rise, survey finds

By Mary Ellen Shoup

Viewed as the antidote to a tough day, chocolate was the indulgence of choice for one-third of US grocery shoppers during the pandemic, according to a survey from Cargill's North American Cocoa & Chocolate team, which uncovered the primary purchase...

Photo Credit: BrightFarms

BrightFarms opens fifth indoor leafy green facility in North Carolina

By Mary Ellen Shoup

BrightFarms has opened its latest indoor farm in Hendersonville, North Carolina, capable of producing 2 million pounds of lettuce per year in the Southeast US region which currently has limited options for indoor-grown leafy greens on store shelves, says...

Photo Credit: Mondelez International

Mondelēz emerges from pandemic 'stronger than ever', says CEO

By Mary Ellen Shoup

Mondelēz International is continuing to see healthy demand for its core snacking brands, proving that industry-wide sales spikes for packaged, shelf-stable products were more than just a COVID-inspired blip, said chairman and CEO Dirk Van De Put.

Photo Credit: Getty Images / Yevgeniy Drobotenko

Zero-proof drinks movement spurs botanicals usage, says Kerry

By Mary Ellen Shoup

As last year’s sober-curious, zero-proof alcohol movement took off, with some consumers seeking to cut down their alcohol consumption, global ingredient supplier Kerry experienced a surge in demand for its Botanical Collection ZERO portfolio of distillate,...

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