Increasing consumer power in Russia is drawing food and beverage
manufacturers to set up base in the country - which, in turn, is
opening opportunities for ingredients suppliers to do more business
in the emerging market.
Danish ingredients giant will shut down beverage flavour operations
in Sweden as tough competition bites and business is impacted by
growing consumer demand for health positioned drinks, reports
Lindsey Partos.
Benecol maker Raisio will use profits from its recent chemicals
unit sale to embark on a new strategy designed to position it as a
leading producer of plant-based foods and ingredients.