- In March 2023, Melodea Ltd., an Israel-based provider of eco-friendly packaging solutions, launched VBseal, a coating material designed to replace single-use plastics. The material offers resistance to water vapor, oils, aromas, and boasts heat-sealing properties. It is specifically designed for fresh food, fast food, cereals, and sweets packaging, providing a sustainable alternative to traditional plastic
- In February 2023, International Flavor and Fragrances (IFF) announced the divestiture of its Flavor Specialty Ingredients (FSI) business to Exponent, a private equity group in the United Kingdom, for USD 220 million in cash. The transaction allows IFF to streamline its operations while Exponent expands its investment in the flavor and fragrance industry
- In October 2022, Puratos India introduced a new range of colored and flavored compound fillings, including the Hard Compound Chocolate- Carat Cover Classic and Fat-based filling- Carat Supercrem. These products offer an easy way to add flavor and color to finished products, eliminating the complexities associated with sourcing multiple ingredients, simplifying the food production process
- In September 2022, Scientists at the Indian Institute of Technology (IIT) in Guwahati developed an innovative coating technology that can extend the shelf life of fresh produce for over two months after harvest. This breakthrough could help India achieve Sustainable Development Goal (SDG) 12.3, aimed at reducing food loss throughout the food supply chain
- In May 2022, Blommer Chocolate Co. and DouxMatok collaborated to introduce coatings made with Incredo sugar, which reduce sugar content by up to 50%. This line of milk, dark, and white coatings, used in processes such as panning and enrobing, avoids high-intensity sweeteners or polyols. It offers a healthier alternative, particularly in chocolate products such as nut butter cups and cookies
- In November 2021, Sufresca, an Israel-based Agtech company, launched an innovative invisible edible coating designed to extend the shelf life of fresh produce. The coating, tested successfully on cherry tomatoes, cucumbers, and mangoes, increases the shelf life of a variety of fruits and vegetables. This development has significant potential in reducing food waste in the agricultural industry
