Kerry Invests in Clean Label Food Protection with Two Acquisitions
Kerry, the Taste & Nutrition company, has expanded its clean label food protection capabilities through the acquisition of two innovative companies—IsoAge Technologies and Biosecur Lab Inc. These acquisitions, which were completed at the end of 2019, enhance Kerry’s leadership in the clean label space and expand the company’s capacity to serve this rapidly growing market.
With the outbreak of COVID-19, the world’s food industry has come under pressure as consumers stockpile food around the globe and the industry works to meet this demand safely. Consumers are also quickly changing their behaviors and attitudes. They are taking a greater interest in nutrition and the positive role it plays in maintaining a healthy body. As part of this, they are paying increased attention to product labels and seeking to avoid artificial ingredients, to which they associate a negative connotation.