Trusted brands in the food industry prioritize transparency, quality, food safety, sustainability, and ethics to build trust with consumers. They provide detailed information about sourcing and production methods. These brands also innovate through new products and technologies to meet evolving consumer needs. The latest edition of CIOLook India spotlights trusted food brands and their commitment to quality, sustainability, ethics, and innovation, which has led to their strong reputation and long-term success.
5. n the food industry, building trust with consumers is
Iessential for success. Consumers want to feel conļ¬dent
that the food they are purchasing is safe, healthy, and
produced in an ethical and sustainable manner.
Trusted brands in the food industry are transparent about
their products, ingredients, and production methods. They
provide detailed information about their sourcing,
processing, and supply chain practices. This transparency
helps build trust with consumers who want to know more
about the food they are purchasing. These brands prioritize
quality in every aspect of their business, from the
ingredients they use to the way they package and distribute
their products. They invest in research and development to
continually improve their products and ensure they meet or
exceed industry standards.
Food safety is a top priority for trusted brands in the food
industry. They take measures to ensure that their products
are free from contaminants and meet all safety regulations.
They implement strict quality control procedures
throughout the production process to minimize the risk of
foodborne illnesses.
These brands are committed to sustainability and
environmental responsibility. They use eco-friendly
production methods, reduce waste and energy consumption,
and promote sustainable agriculture practices. They also
prioritize animal welfare and work with suppliers who share
their values. The organizations operate with integrity and
ethical values. They are committed to fair labor practices,
support local communities, and engage in philanthropic
activities. They also take responsibility for their actions and
are transparent about any issues or controversies that may
arise.
Trusted food brands are not afraid to innovate and explore
new ways to improve their products and processes. They
invest in research and development to create new products
that meet the evolving needs of consumers. They also
embrace new technologies and trends to stay ahead of the
competition.
The latest edition of CIOLook India, āIndia's Most
Trusted Brands in Food Industry-2023,ā spotlights the
journey of these organizations; and is ļ¬lled with stories that
showcase quality, sustainability, ethics, and innovation and
the trust of consumers that led to a strong reputation of
achieving long-term success.
Explore the edition and have a delightful read!
Abhishek Joshi
Deputy Editor
AbhishekJoshi
Traits in the
Limelight
7. 08
Barista Coffee Company Ltd
Coalescence of Ultimate
Taste and Experience
16
GOPIZZA
Redeļ¬ning theTaste and
Pleasure of New age Fast-food
12
Insights and Predictions
Consumer Demands Shaping the
Future of the F&B Industry
20
Trends of 2023
The Changing Landscape of
the F&B Sector
24
Sensient Technologies
Sensient Food Colours:
Delivering ExceptionalVisual Appeal
and Presentation
Proļ¬les
Articles
13. He adds, āRetaining Consumers and getting skilled
manpower is one key challenge along with inļ¬ationary cost
pressures; as an organization, we have been able to manage
them well and look to grow at a rapid pace ourselves,
targeting to be 500 stores over the next two years.ā
Over the past few years, Barista has been able to work on
teams and infrastructure to drive high-octane growth,
understand consumer/market sentiments well, and identify
its zone well. All of this put together, Barista is conļ¬dent of
its success. Recently, Barista was awarded by Business
Growth of the Year 2022 award in a recently conducted
Restaurant India award show.
On an ending note, Rajat advises aspiring leaders by saying,
āTake a long-term view and build a sustainable business,
donāt panic/be overjoyed by the initial failures/success. Itās
the long-term approach around building robust and
sustainable businesses which helps unlock sustainable
value.ā
www.ciolookindia.com 11 April 2023
15. The food and beverage (F&B) industry is
witnessing a remarkable transformation,
largely driven by shifting consumer demands.
In an era marked by health consciousness,
sustainability concerns, and technological
advancements, consumers are inļ¬uencing the direction
of the F&B sector like never before. This article
explores the key consumer demands that are shaping
the future of the F&B industry, leading to innovations,
changes in product oļ¬erings, and a reimagining of the
dining experience.
Health and Wellness:
Consumer demands for healthier food options have
become a primary driver in the F&B industry. People
are increasingly seeking nutritious, balanced, and clean
label foods with minimal artiļ¬cial additives. The rise
of plant-based diets, gluten-free alternatives, and
nutrient-dense ingredients reļ¬ects the growing
emphasis on health and wellness. F&B businesses are
responding by reformulating their products,
introducing functional foods, and expanding menu
options to cater to health-conscious consumers.
www.ciolookindia.com 13 April 2023
16. Authenticity and Global Flavors:
Consumers are seeking authentic and diverse culinary
experiences that reļ¬ect various cultures and global ļ¬avors.
Ethnic foods, fusion cuisines, and traditional cooking
techniques are gaining popularity. F&B businesses are
embracing diverse menu oļ¬erings and collaborating with
international chefs to provide unique dining experiences
that celebrate cultural diversity and culinary heritage.
Clean Label and Natural Ingredients:
Consumers are increasingly seeking products with clean
labels, indicating transparency in ingredient lists and the
absence of artiļ¬cial additives, preservatives, and chemicals.
F&B businesses are reformulating their products to align
with clean label preferences, using natural ingredients and
recognizable components to meet consumer expectations
for wholesome and minimally processed foods.
Immersive Dining Experiences:
Beyond the taste of the food, consumers are looking for
immersive dining experiences that engage their senses and
create lasting memories. F&B establishments are
incorporating interactive elements, such as live cooking
demonstrations, themed decor, and multi-sensory
presentations, to elevate the dining experience and cater to
consumers seeking entertainment and enjoyment during
their meals.
Social and Ethical Responsibility:
Consumers are increasingly drawn to F&B businesses that
demonstrate social and ethical responsibility. Brands that
support charitable initiatives, contribute to community
development and address social issues resonate with
consumers who want to make mindful choices that extend
beyond the dining table. F&B businesses that actively
engage in corporate social responsibility initiatives build
stronger connections with socially conscious consumers.
Authenticity and Storytelling:
Authenticity has become a driving force in consumer
choices, and F&B businesses are embracing storytelling to
connect with their audience. Brands that share their origins,
values, and culinary inspirations create a sense of
authenticity that appeals to consumers seeking genuine and
relatable experiences. By sharing the stories behind their
products, F&B businesses can forge deeper connections
with their customers.
Sustainability and Ethical Practices:
Environmental and ethical considerations have become
signiļ¬cant factors inļ¬uencing consumer choices in the F&B
industry. Conscious of their environmental impact,
consumers are gravitating towards businesses that prioritize
sustainable sourcing, ethical farming practices, and reduced
carbon footprints. F&B companies are embracing eco-
friendly packaging, supporting local producers, and
adopting circular economy principles to align with
consumers' sustainability values.
Personalization and Customization:
In an era of heightened individualism, consumers are
seeking personalized and tailored experiences, even in their
dining choices. F&B businesses are leveraging technology
and data analytics to oļ¬er customization options, allowing
customers to build their meals, choose ingredients, and
personalize ļ¬avors to their preferences. Customized meal
plans, personalized nutrition recommendations, and build-
your-own menus are catering to consumers' desire for
uniqueness and control.
Transparency and Food Traceability:
Transparency has become a crucial aspect of consumer trust
in the F&B industry. Consumers want to know the origin of
their food, how it was produced, and whether it meets
certain quality standards. Food traceability initiatives,
origin labeling, and third-party certiļ¬cations provide
reassurance to consumers and foster trust in the brands they
choose. Businesses that prioritize transparency are gaining a
competitive edge in an increasingly discerning market.
Convenience and On-The-Go Options:
With busy lifestyles and the rise of urbanization, consumers
are seeking convenient and time-eļ¬cient dining options.
Quick-service restaurants, food delivery platforms, and
grab-and-go meals have become increasingly popular. F&B
businesses are embracing technology to optimize the
ordering and delivery process, oļ¬ering consumers a
seamless experience that ļ¬ts into their fast-paced lives.
Plant-Based and Alternative Proteins:
The rise of plant-based diets and alternative proteins is
revolutionizing the F&B industry. Consumers are not only
adopting plant-based diets for health reasons but also due to
environmental and animal welfare concerns. F&B
businesses are introducing plant-based meat substitutes,
dairy alternatives, and innovative protein sources to cater to
the growing demand for sustainable and ethical protein
options.
www.ciolookindia.com April 2023
14
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18. Redefining the Taste and Pleasure of New age Fast-food
The modern lifestyle with fast-paced business and
communication is driving signiļ¬cant
transformation in almost all sectors, the food
industry being no exception. The evolution of the food
world has been driven by innovations in food preparations,
variety, variations, tastes, ļ¬avours, service, packaging, etc.
On the brighter side, some passionate entrepreneurs are
dedicated to enhancing the food concepts themselves.
Pizza, a popular Italian round-shaped food made in wheat
dough topped with vegetables or non-veg toppings, cheese,
and several other tastemakers, is one of the fastest-growing
fast foods worldwide. However, despite the advancements,
timely deliveries, crust thickness, taste, and consumer
delight have been the long-prevailing factors.
GOPIZZA, the South Korean pizza brand, has
revolutionized the interest in the most favourite fast food. It
prepares pizzas with relishing, delicious taste, and the
unique preparation style gives them an oval shape with
mouth-watering toppings and ļ¬avours. The company has
also been leveraging the trends of technology like robotics
and AI that ensure consistency in the quality of food and
service. The company is headquartered in Bangalore
(Indian Oļ¬ce) and is spearheaded by its CEO, Mr Mahesh
Reddy.
In an exclusive interview with CioLook India team, Mr
Reddy shares valuable facts while unfolding his
professional journey, inspirations, brand USPs, and the
challenges faced and countered, further brieļ¬ng about the
business and the organizationās vision.
Below are the excerpts from the interview:
Mahesh, kindly tell us about GOPIZZA, its vision,
mission, and core values.
GOPIZZA was created in 2016 by 27-year-old Jae Won
(Jay) Lim from inside his food truck in South Korea. His
idea was to serve scrumptious, one-person-sized pizzas. On
that theory, pizzas would be a satisfying meal for a
reasonable price when consumed in this new form.
Due to the enormous demand for these oval-shaped pizzas,
Jay opened his ļ¬rst GOPIZZA in South Korea in 2017.
GOPIZZA believes in the
digital transforma on of
food and beverage
whereby humans and
technology collaborate
hand-in-hand to ensure a
great customer
experience.
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16
19. This location quickly gained a reputation for being
aļ¬ordable, having the ideal serving size for one person,
quick service, and even distribution of cheese and toppings
across every slice of pizza - thanks to its technology.
Brief us about yourself and shed some light on your
professional tenure.
I, chaired GOPIZZA as the CEO in June 2020. My track
record of managing Pan-India businesses is exemplary
within the QSR industry. With 23 years in the industry and
over 17 years of experience with Cafe Coļ¬ee Day, I am
glad to have played vital strategic roles regionally and
nationally across India.
What was your inspiration behind venturing into the
F&B industry?
I got into the F&B sector during a time when becoming a
doctor or an engineer was all the rage. QSR and Retail were
not even available as a prominent course at the time. Hotel
Management was the only professional course in that
hospitality sector, so I dreamed, worked extremely hard,
and convinced my father to allow me to venture into this
ļ¬eld.
Meeting new people, communicating and building
connections was always my strong suit. I was always ready
and willing to learn new things from meeting new people
because that is what makes us better people, especially a
better leader.
My inspiration to be a part of this industry started when I
was 17 and investigated college programs. My neighbour at
the time was already a front oļ¬ce manager in the
hospitality industry doing brilliantly for herself and her
family.
I remember hotel management being all about the blazers
and 5-stars hotels like Taj and Oberoi. To be honest, it was
my dream to be a part of their program too, but I believe the
launch of QSR programs in India paved the right path for
me and led me to where I am today.
What are the USPs that make you stand out as a leading
F&B ļ¬rm?
Our USP comes from our creative pizza operations. From
the dough that is used at every GOPIZZA outlet, to the
ovens, topping tables and even robots, we invented them
all. We can manufacture pizzas more quickly and eļ¬ciently
than any of our competitors across various countries,
credited to our technology. This enables us to expand
swiftly while upholding the requirements of quality.
Mahesh Reddy,
CEO - GOPIZZA
India's Most Trusted Brands in Food Industry-2023
www.ciolookindia.com 17 April 2023
20. We are Korea's top-selling personal pizza brand, and by
2023, we aim to be Singapore's third best-selling pizza
brand.
Though India is a sizable market, we anticipate ranking
among the top three pizza brands here by 2025. Our
primary USPs include these three main features: aļ¬ordable
prices, rapid service, and personal-sized pizzas.
What kind of modern products and services do you
provide to your clients?
More than 30% of GOPIZZA's headquarters personnel are
experts in researching and developing a wide range of
technologies. GOPIZZA has a Future Lab (for artiļ¬cial
intelligence and robots), a GOPIZZA Parbake Innovation
Centre (for dough research and development and
production), and a GOPIZZA GOVEN Tech Centre (for
GOVEN R&D and production).
Every step of the 'pizza making' process is redesigned at
each GOPIZZA location to allow for a one-man operation
in a small kitchen.
The patented oven - GOVEN, which bakes six single-
serving pizzas to perfection in three minutes, greatly
improves eļ¬ciency at every GOPIZZA location.
Consumers do not have to wait long to be served freshly
baked, hot pizzas anymore. Employees, too, can save time
on largely time-consuming tasks throughout their day.
The cooperative robot 'GOBOT,' which cuts pizza, sprinkles
the appropriate sauce, and ensures it does not cool down, as
well as the 'AI Smart Topping Table,' which tracks and
monitors the toppings on a pizza, are all the patented
technology that ensures consistency in the quality of food
and service.
The most important ingredient is our dough, so we either
export it from our Parbake Dough Innovation Centre in
Korea or set up our own local factory. We opened our ļ¬rst
centre in India this month. We intend to start production in
May.
What were the initial diļ¬erences after venturing into
this sector in India, and considering the changing
industry dynamics, what are the challenges now?
India has one of the world's fastest-growing pizza markets,
with several locals adapting it as part of their commonly
eaten foods. Currently, the Indian pizza market is
dominated by a single player, but we believe there is still
plenty of room for growth and new entrants. With our
distinct positioning and rapid scalability, we intend to seize
the expanding market as quickly as possible and become a
pizza brand that is always at the forefront of the Indian
customers' minds. With the unforeseen entry of the
pandemic, the F&B sector has experienced quite a change
in the dynamics of operation and consumer practices.
GOPIZZA was able to use this period within the pandemic
to streamline its operations and localization strategy.
GOPIZZA began growing by more than 20% per month
after the pandemic began to fade in June 2022.
To tackle the diļ¬ering tastes and ļ¬avours between
countries, we have tailored our menu to oļ¬er locally
customized options as well. Like providing Korean as well
as Indian combinations for peopleās pallet. Along with
customization, GOPIZZA is also a large investor in
technological capabilities that allow us to maintain the same
quality across all markets.
Being an experienced leader, share with us your opinion
on how technology is transforming the F&B industry
and what advancements can we expect in the future?
We are all aware that technology will support a signiļ¬cant
portion to the F&B industry by addressing and improving
eļ¬ciency in food and beverage production. GOPIZZA, in
fact, is ahead of its time, using its own patented technology
to bake its pizzas to perfection. GOPIZZA believes in the
digital transformation of food and beverage, whereby
humans and technology collaborate hand-in-hand to ensure
a great customer experience.
As a leader in the hospitality industry for over two decades,
I have witnessed and experienced how technological
advancements have improved eļ¬ciency, not just in terms of
production rate/size but also in quality, productivity and
accuracy. Technology has improved time management and
motivation among employees in all sectors, from food
preparation to serving and delivery.
By implementing automated systems in daily tasks and
tasks requiring ļ¬ne detailing, employees feel less strained
by the potential for errors and complete tasks faster, giving
them more time to manage other aspects such as quality,
personal consumer interaction and satisfaction. These
technological advancements also help consumers gain
access to food information and transparency, with services,
sales, and transactions made trackable in real time.
What would be your advice to the aspirants who are
willing to venture into the ļ¬eld of F&B?
My advice for aspirants looking into the F&B industry is
www.ciolookindia.com April 2023
18
21. that hard work is key. I still remember my time in the
management trainee program, how I worked hard every
day, every step of the way, and never undermining any job -
no matter how small it was. I would tell any new graduate
to live by this too.
I would advise recent graduates to enrol into such training
programs and make the most out of them, valuing the time,
resources, and eļ¬ort that goes into training them. I have
always believed in working my way up and would advise
every aspirant never to take a shortcut to reach their goals.
Those who experience all the diļ¬erent stages, including
failure, to achieve their goals are the ones who make great
leaders and mentors in the future.
How do you envision the future of GOPIZZA?
GOPIZZAās vision is - "Wherever a customer wants pizza,
there shall be GOPIZZA". GOPIZZA plans to enter and
expand in markets like Thailand, Malaysia, Vietnam,
Indonesia, the Philippines and the United States.
GOPIZZA currently has 20 operational outlets in India. It
ļ¬rst entered the Indian market in Bengaluru, Karnataka, and
has since expanded to Hyderabad, Telangana, and
Anantapur, Andhra Pradesh. By the end of 2023, the goal is
to have 100 operational locations across the country.
GOPIZZA plans to expand into Pune, Chennai, Delhi,
Mumbai, Ahmedabad, Kolkata, and other key Tier-2 cities
such as Chandigarh, Jodhpur, Jaipur, and Kochi in the
coming years.
www.ciolookindia.com 19 April 2023
23. he food and beverage (F&B) sector is
Tan ever-evolving industry,
continuously shaped by shifting
consumer preferences, technological
advancements, and global trends. From the
way food is produced and distributed to the
rise of sustainable practices and digital
innovations, the F&B landscape has undergone
signiļ¬cant changes in recent years. This article
explores the transformative forces behind the
changing F&B sector and the impact on
businesses, consumers, and the environment.
Consumer-centricity and Health
Consciousness:
In recent times, consumers have become more
health conscious and aware of the impact of
their food choices on well-being. As a result,
there is a growing demand for healthier and
more sustainable food options. Plant-based
alternatives, organic produce, and foods free
from artiļ¬cial additives have gained popularity
as consumers seek transparency and cleaner
ingredient lists. F&B businesses are adapting
by reformulating products, oļ¬ering healthier
menus, and providing nutritional information
to cater to this health-conscious consumer
base.
The Rise of Plant-based and Alternative
Proteins:
The rise of plant-based and alternative proteins
is one of the most notable transformations in
the F&B sector. Beyond burgers, plant-based
meat substitutes and dairy alternatives have
captured a signiļ¬cant market share.
Innovations in food science and technology
have allowed companies to create plant-based
products that closely mimic the taste, texture,
and nutritional proļ¬le of traditional animal-
Trends of 2023
www.ciolookindia.com 21 April 2023
24. based foods, attracting both vegetarians and ļ¬exitarians
alike.
Sustainability and Ethical Sourcing:
Consumers are increasingly concerned about the
environmental impact of their food choices. Sustainable
practices, including responsible sourcing, waste reduction,
and carbon footprint reduction, have become key
considerations for F&B companies. Businesses are actively
exploring ways to adopt eco-friendly packaging, support
local farmers, reduce food waste, and promote ethical
practices throughout their supply chains.
Digitalization and Delivery Services:
Digitalization has transformed the way consumers interact
with the F&B sector. Online food delivery platforms,
mobile apps, and virtual menus have become
commonplace, providing convenience and expanding the
customer base for restaurants and food vendors.
Additionally, the pandemic accelerated the adoption of
contactless payments and self-ordering kiosks, further
revolutionizing the dining experience.
Food Safety and Quality Assurance:
Ensuring food safety and quality assurance has become a
top priority for the F&B sector. With the rise of foodborne
illnesses and recalls, consumers demand transparency and
traceability throughout the food supply chain. Advanced
technologies, such as blockchain and IoT (Internet of
Things), are being used to track the journey of food
products from farm to table, providing real-time data on
safety and quality.
Customization and Personalization:
Consumers now seek personalized dining experiences
tailored to their individual preferences. The concept of
"build-your-own" menus, customized meal kits, and
personalized nutrition plans has gained traction. F&B
businesses are leveraging data analytics to understand
consumer preferences and oļ¬er tailored oļ¬erings,
enhancing customer satisfaction and loyalty.
Food Tech and Culinary Innovation:
Food technology and culinary innovation have opened new
possibilities in food preparation and presentation. 3D food
printing, smart kitchen appliances, and advanced cooking
techniques are reshaping culinary experiences. These
innovations not only appeal to consumers' senses but also
streamline kitchen operations and reduce food waste.
Local and Artisanal Food Movement:
In recent years, there has been a resurgence of interest in
locally sourced and artisanal foods. Consumers are seeking
to support local producers, reduce their carbon footprint,
and enjoy unique, handcrafted ļ¬avors. The local and
artisanal food movement emphasizes the importance of
preserving traditional culinary techniques and celebrating
regional specialties, fostering a sense of community and
cultural identity.
Allergen-free and Free-from Products:
With an increasing awareness of food allergies and
intolerances, the demand for allergen-free and "free-from"
products has grown signiļ¬cantly. F&B businesses are now
oļ¬ering a broader range of products catering to those with
speciļ¬c dietary requirements, such as gluten-free, lactose-
free, nut-free, and soy-free options. This trend reļ¬ects the
industry's commitment to inclusivity and meeting the needs
of diverse consumer groups.
Food Waste Reduction and Circular Economy:
Addressing food waste has become a top priority in the
F&B sector. To combat the environmental impact of food
disposal, businesses are adopting strategies to reduce waste,
repurpose surplus food, and collaborate with food rescue
organizations. The circular economy approach encourages
the use of byproducts and waste materials in innovative
ways, promoting sustainability and minimizing the
industry's ecological footprint.
Virtual Restaurants and Cloud Kitchens:
The rise of food delivery platforms has spurred the
emergence of virtual restaurants and cloud kitchens. These
concepts operate solely for online delivery, allowing
businesses to focus on eļ¬cient production and delivery
without the costs associated with physical storefronts. This
trend provides new opportunities for chefs and
entrepreneurs to experiment with niche cuisines and expand
their customer base beyond traditional brick-and-mortar
establishments.
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22
25.
26. Colour is an integral part of our lives, and Sensient Technologies - Sensient Food Colours & Flavour ensures that it
touches our taste buds in the most visually appealing and performance-driven way. As the global leader in colour for
food and beverage applications, Sensient Food Colours & Flavor takes pride in making a bold diļ¬erence in your
brand by delivering the highest quality colour that protects and deļ¬nes it.
With over 100 years of experience, Sensient has been at the forefront of colour
innovation, bringing industry-changing proprietary technologies that redeļ¬ne
the way the world sees and tastes food. The companyās expertise and
unparalleled colour science help us deliver natural and certiļ¬ed colour
solutions that enhance our customers' brand success.
Best in Class
Sensient Technologies Corporation is a pioneering
provider of innovative solutions that cater to the
discerning needs of modern consumers. The
company's state-of-the-art technologies are
speciļ¬cally designed to enhance sensory
experiences through specialized ingredients. Its
team takes pride in its global facilities, which
produce diverse products for some of the most
prominent industrial and consumer companies
worldwide. With its unwavering commitment
to quality and excellence, Sensient
Technologies Corporation has established
itself as a leader in the industry.
At Sensient, the team is committed to
providing customized food and beverage
systems that deliver exceptional quality and
products that serve the pharmaceutical,
nutraceutical, cosmetic, and personal care
industries. With its dedication to innovation,
Sensient Technologies is constantly pushing
the boundaries of what's possible, and its team
is passionate about creating fresh, unique
India's Most Trusted Brands in Food Industry-2023
www.ciolookindia.com April 2023
24
27. solutions that exceed its clients' expectations. Some NPD
platforms are Dairyboost, Smoothenol, Uber Beet,
Microļ¬ne etc.
Whether one is looking to enhance the taste, texture, or
appearance of their products, Sensient has the expertise and
experience to help them achieve their goals. The team of
experts is always on hand to provide clients with the
support and guidance they need to take their products to the
next level.
The History
Meadow Springs Distillery, originally a whiskey and gin
maker founded in 1882, faced a major setback in 1919 due
to Prohibition. However, the company had already
established a successful yeast-selling business under the
brand Red Star Yeast, allowing it to survive. As a result, the
distillery rebranded itself as Red Star Yeast & Products
Company.
In the 1960s, Red Star Yeast expanded its product lines and
changed its name to Universal Foods to reļ¬ect its
diversiļ¬cation strategy and planned growth. The company
even became a member of the New York Stock Exchange.
Nevertheless, as a producer of commodity goods such as
yeast, bulk cheese, and frozen potatoes, Universal Foods
faced limited prospects for growth.
In the following decades, Sensient Technologies underwent
a signiļ¬cant transformation by divesting its commodity
segments and acquiring numerous companies with strategic
products and innovative solutions. This restructuring
propelled the organization towards its current structure and
strategy.
To reļ¬ect this expanded focus, the company changed its
name from Universal Foods to Sensient Technologies in
2000. In line with its strategy to divest from unproļ¬table
commodity businesses, Sensient Technologies sold Red Star
Yeast in 2001.
,,
,
,
www.ciolookindia.com 25 April 2023
28. Leading Global manufacturer and marketer in the
Industry
As a prominent global manufacturer and marketer of
colours, ļ¬avours, and speciality ingredients, Sensient holds
a signiļ¬cant market position in the industry. With
operations spanning across the world, the company caters to
customers in over 150 countries and boasts annual revenues
exceeding $1.3 billion.
Sensient remains committed to serving the food and
beverage sectors by oļ¬ering cutting-edge technologies that
enable its clients to enhance their products' natural and
artiļ¬cial ļ¬avours and colours. Its comprehensive product
portfolio covers a diverse range of segments, including:
ā¢ Food and Beverage Flavours
ā¢ Food and Beverage Colours
ā¢ Cosmetic Ingredients
ā¢ Pharmaceutical Excipients
The various global businesses that Sensient operates present
numerous prospects for enduring and sustainable growth.
Despite facing several challenges throughout its extensive
history, the company has emerged as a leading player in the
industry today. With an ever-growing team of highly
qualiļ¬ed industry experts hailing from some of the world's
largest companies, and modern, state-of-the-art production
facilities, the company is on the cusp of a new era. The
teams remain enthusiastic and motivated, eager to
overcome new obstacles and continue building towards a
bright future.
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