Go

Breaking News on Food Processing & Packaging

All feeds

News headlines > Financial & Industry

Recession could create innovation opportunities

Loading...

Dispatches from IFT
Interview of Donald Wilkes
CEO, Blue Pacific Flavors

17-Jun-2009, duration 03:18


Email this page
Your comments
RSS feeds

In today’s challenging economy, large companies are increasingly looking to buy innovative finished products rather than developing their own, says Blue Pacific CEO Donald Wilkes.

Caroline Scott-Thomas spoke with Wilkes at IFT in Anaheim where alongside its new berry flavor range, the company was exhibiting its finished-concept Invinity non-alcoholic wines.

Wilkes said that although publicly listed companies in particular are still improving products, they are trying to avoid any unnecessary risk, meaning that their innovations tend to be cost-driven, rather than taste-driven. This leaves an innovation gap for other companies to develop new products – even brands – on their behalf.

Sorry, there's no related content.

Sustainability and energy reduction rewarded at IBA

Peter Becker

President, German Bakers’ Confederation

Sustainability shines at Beverage Innovation Awards

Bill Bruce

Editorial director, FoodBev

Young nano scientist scoops €10,000 DSM award

Alexandra Teleki, PhD

DSM science award winner

Summit shows EU health claims change not coming, says ERNA

Patrick Coppens

secretary general, European Responsible Nutrition Alliance (ERNA)

Big hopes for EFSA’s big health claim day

Shane Starling reports from the European Food...

HFCS: Controversial or just misunderstood?

James Rippe, MD

Director, Rippe Lifestyle Institute

Antioxidant methods vital for ensuring health benefits: Expert

Darryl Sullivan

Assoc. Director, Scientific Affairs, Analytical Services, Covance

Developing solutions to fight food fraud

James Griffiths

Vice President, Food, Dietary Supplements and Excipient Standards, US Pharmacopeia

Textural analysis putting food into orbit, says SMS

Stable Micro Systems (SMS) said that NASA's Space...

Product recall insurance on the up

Mikel Fitzgerald

Managing director, Wortham Insurance

More foodborne illnesses on horizon, says risk expert

Is the US food safety system really 'in...

Food safety takes centre stage

FoodProductionDaily.com takes a look at the stories dominating...

Looking to the future for biomaterial supply

Stefano Cavallo

European marketing manager , NatureWorks

Can steel meet the sustainability challenge?

Philippe Wolper, managing director, APEAL, outlines the green...

IPA 2010 - what does the future hold?

Taking at leap forward, FoodProductionDaily.com asesses potential trends...

More light than heat with clean decontamination technology

Pulsed light can be used to inactivate micro-organisms...

Can the carton contribute to a low carbon economy?

Increasing regulatory and consumer pressure is forcing food...

Meet Our New Owners

Robert Marr (chief operating officer, William Reed), Franck Metzger, Jean-Marc...

PCs a necessity – not a luxury – in tight economy, says Beckhoff

Michael Jost

Product Manager, Beckhoff Automation

Focus on nanotechnology at Anuga

FoodProductionDaily.com caught up with Professor Horst-Christian Langowski, director...

Scara robots bring cost savings, says TM Robotics

FoodProductionDaily.com caught up with Ryan Guthrie of TM...

New robotic technology offers greater orientation and reach, claims TM Robotics

FoodProductionDaily.com caught up with Ryan Guthrie of TM...

Spotlight on sustainability in packaging

Bob Hogan, director of international sales and marketing...

Foss outlines how to avoid fat fines

FoodProductionDaily.com caught up with Foss Product Manger Jens...

Firm outlines trends influencing sealing machine design

FoodProductionDaily.com travelled to Germany to discuss the constraints...

Is food sector recession proof? We test opinion at Anuga

FoodProductionDaily.com walked the floor at the recent Anuga...

New aseptic package aims to meet lightweighting trend

FoodProductionDaily.com caught up with Sweden-based manufacturer Ecolean as...

Video season's greetings from Decision News Media

The Decision News Media team would like to...

New BOPP film will biodegrade after disposal, says Super Film

David Haskins, marketing manager at Super Film Europe,...

Leveraging innovation awards

Roger A, Clemens, DrPH, CNS

Spokesperson, Institute Of Food Technologists

The importance of quality assurance

Jacques Dikansky

President & CEO, Naturex