Taste remains paramount if consumers are going to be tempted to try and repeatedly purchase healthier and more functional products, claims ingredient giant Symrise.
From Polish to Korean flavor mashups to low-alcoholic beverages, these are a few areas that CPG companies and tastemakers should be on the lookout for in 2023, according to a recent consumer trends report from flavor house Symrise.
Four companies have teamed up combining their beverage commercialization expertise to launch IncuBev, a multi-phase service offering to assist beverage brands with the challenges of product development and commercialization.
Symrise and The Green Organic Dutchman (TGOD) are expanding their beverage innovation capabilities with an investment in Califormulations, a US beverage innovation company that works with a number of beverage companies and brands in the US market.
German flavors and fragrances company Symrise AG has opened a US facility near Atlanta, Georgia, for the production of natural food ingredients, investing approximately US$57m in the nearly 100 acre site to grow its US business.
Symrise has reported good sales growth in local currencies the first half of 2008 driven by flavours and emerging markets, although fragrance growth was hit by the drop-off in consumer spending on luxury goods.
Food makers meeting the challenges of unpleasant off-tastes in
their health-profiled formulations could benefit from a new series
of flavor masking tools from flavor firm Symrise.
Symrise has completed its new €1.8m extraction and distillation
plant in Germany, intended to help meet demand for natural
flavourings for beverages in the light of the health and wellness
trend.
German fragrance and flavours group Symrise saw a strong increase
in sales and profits for its Flavours and Nutrition Division in
full year 2006, largely attributed to innovations like its 'and'
range of products.
Equity firm-owned Symrise continues declared ambitions to become a
top three flavour player, announcing the acquisition of British
flavour manufacturer Flavours Direct, writes Lindsey Partos.
German flavors and fragrance firm Symrise has teamed up with
SweetGredients to use Spherix's new sweetener Gaio tagatose to
develop a new generation of flavors.
