The move combines Ashland’s strength in nutrition and food science with Pharmachem’s ingredient processing expertise in renamed Health and Wellness unit
November 29, 2017
Ashland is taking aim at the fast-growing global nutraceuticals market by combining its nutrition business with the ingredients processing expertise of recently acquired Pharmachem. The combined unit, which will be called Health and Wellness, will continue to report up through Ashland’s Specialty Ingredients segment.
As consumers demand more better-for-you products, experts note that the juice and juice drinks category has been challenged in a unique way and struggled to maintain its share of the beverage market. “The juice/juice drinks sector has struggled during the past year,” says Susan Viamari, vice president of Thought Leadership at Chicago-based Information Resources Inc.
Purchase, N.Y.-based PepsiCo Inc. announced that it has entered into a definitive agreement to acquire Oxnard, Calif.-based KeVita, a producer of fermented probiotic and kombucha beverages.
There’s growing global demand for healthier alternatives and clean-label products
June 27, 2016
The Nielsen survey’s respondents ranked “all natural” ingredients and those without genetically modified organisms (GMOs) the highest of all desirable attributes, with 43% considering them “very important.”
New digital platform to support members in implementation of Health & Wellness Commitments and Resolutions
June 30, 2015
The Consumer Goods Forum launched a new Health & Wellness Toolkit and digital platform - http://www.consumergoodsforbetterlives.com. The Toolkit is an extension of the CGF's commitment to support its members in the implementation of its Health & Wellness Resolutions and Commitments. It will provide real-life examples of what members have achieved already and offer ideas for companies looking to take the next step. The announcement was made during the CGF's annual Global Summit currently being held in New York.
Euromonitor International finds that sector has grown 6.75%
October 1, 2014
Global market research company Euromonitor International released new data on the health and wellness industry, which has grown by 6.75% in current value terms reaching US$774 billion in 2014.
The 2013 New Products Annual showcases products from across food and beverage aisles, some teetering close to reaching the pinnacle of merging health, convenience and indulgence.
March 22, 2013
To sum up an entire year of new product introductions into one (hopefully) clever headline can prove difficult.
Novel technologies thrive in an open environment and Tate & Lyle has created the perfect setting for success to flourish in its new Commercial and Food Innovation Center, a state-of-the-art 110,000-square-foot facility that celebrated its grand opening in June.