Givaudan, a manufacturer of fragrances and flavours, has completed the acquisition of Vika BV, a manufacturer of dairy ingredients.
Sweet foods are often perceived by the average consumer as something indulgent and unhealthy. Little do they know that now there are many more options for a sweet taste and little to no calories. By Maran G Krishnan, head of APAC Flavour Communications, Givaudan
Growing awareness of health and desire for wellness in modern lifestyles are leading to increasing consumer demand for reduced sugar or sugar free food and beverages.
The CHF5 million (US$4.91 million) investment enhances the flavour and fragrance company’s capabilities to innovate in the Asia Pacific region.
Some of the ingredients produced at the company's existing sites will be transferred to the facility in China.