Despite overall sales growth, the specialty foods industry has faced challenges in recent years, including inflation, declining unit sales (for the first time) and increased competition from conventional grocery stores, explained David Lockwood, CEO,...
Specialty food used to be reserved for special occasions and accessible only to those who could afford its premium price, but increasingly specialty food is becoming everyday food sold at everyday prices that are accessible to more people.
While fiber hasn’t quite reached the same superstar status as protein, consumer interest in the ingredient is rising rapidly as they look for ways to manage their weight while still enjoying food and beverages with high quality taste and familiar mouthfeel.
While proteins, whole grains and omega-3s might have got more air time lately, fiber should be top of mind for formulators given that nearly all consumers are still getting significantly less than they need, and you can now add fiber to almost anything...
Big interview: Karl Kramer, president, innovation and commercial development, Tate & Lyle
What’s in Tate & Lyle’s innovation pipeline? That’s top secret, says Karl Kramer, “but we are working on some completely new, completely novel ingredients and exciting technologies. We’re not interested in me-too products.”
Tate & Lyle opened its 110,000-square-foot innovation and commercial development global headquarters in Chicago on Wednesday, as part of its strategy to focus on specialty food ingredients and move closer to its customers.
Tate & Lyle’s customers think it needs to step up a gear on innovation and increase its presence in emerging markets, chief executive Javed Ahmed has revealed.
Simplicity, stealth sugar and calorie reductions, one product with multiple benefits and restaurant quality at home will be the four top food and beverage trends influencing manufacturers this year, according to a roundtable of experts convened by ingredient...
DuPont would look to move its food ingredients R&D to Denmark following its acquisition of Danisco, and adopt the latter’s Sales and Application development organisation to get ingredients to market, offer documents reveal.
DuPont expects to become a ‘premier specialty food ingredients provider’ as a result of acquiring Danisco, and expects it to be particularly complementary to its Solae soy protein business.
Agricultural firm Archer Daniels Midland (ADM) has appointed new
leaders to a number of its business units, an announcement that
comes just a few weeks after the launch of a global growth
strategy.
