News & Analysis on Food & Beverage Development & Technology
Flavors company Sensient Technologies said last week that fourth-quarter earnings rose 2.5 percent, lifted by foreign exchange rates and higher profit from sales of traditional flavors in Europe and North America.
As the deadline for trans fats labeling approaches, confectionery manufacturer Wilbur last week launched a zero trans fat cinnamon drop.
Pressure on food makers to more frequently track ingredients for contaminants intensifies as the UK's food watchdog on Friday pulls over 350 food products from the shelves after detecting the illegal ingredient, the red food dye Sudan I.
Shaving off unprofitable units, Dutch ingredients firm CSM said this week it would close four of its bakery ingredients distribution units in the US.
Race for the next high margin ingredient continues as the UK maker of Splenda sweetener signs off $46 million over the next five years to invest in "next-generation food and industrial ingredients".
When nutritional labeling comes into force in Canada later this year, manufacturers may also take advantage of the need to change their labels to stipulate whether their products' ingredients are genetically engineered.