As the perception of health and taste benefits from organic produce drives sales across all demographics, opportunities are arising in every sector of the food industry.
Market analysts say the organic market trend is here to stay,
despite rising food prices. In fact, issues surrounding these price
hikes - the globalization of food and environmental factors - may
actually bolster this market.
Ingredients firm Kerry has clinched a new long-term supply
partnership with Dierbergers Oleos Essencias, a Brazilian producer
of organic fragrances, flavors and ingredients.
Frutatom has announced new investment in its US flavor operations,
this time radically expanding its New Jersey facility to house new
R&D capabilities.
Trends are set to combine in 2008, with Americanized ethnic flavors
and healthy but indulgent products steering the market, while
locally, ethically sourced food will continue to grow in
popularity, says a new report.
