New ideas, inspiration and innovation are essential in the modern marketplace. In recent years, food and beverage companies have placed an emphasis on these aspects of business by creating such roles as “director of innovation,” “chief innovation officer” and “vice president of product innovation.”

The agreement allows Inventure Foods to expand the TGI Friday's snack brand into new snack categories such as popcorn, corn snacks, snack mixes and tortilla chips.

The collaboration agreement is for three years.

The partnership has been encouraged by the decade-long experience and unique expertise of both companies.

The supply agreement has a term of 10 years and is exclusive through 2017.

International Flavors & Fragrances Inc. and Evolva Holding SA have entered into pre-production phase to develop and scale-up, via a third party, natural vanillin for commercial application.

Nestlé has formed a research partnership with the Council for Scientific and Industrial Research.

Fugeia announced it has engaged in a collaboration with Nestlé on the development of food products containing Brana Vita.