The global packaging market is growing by leaps and bounds due to the increasing consumption of convenience-based packaging products, particularly in food products. Condiments are used during the cooking process to enhance the taste and texture of the food. Increasing demand of consumers for new variants in their food options has led to tremendous growth in the condiments packaging industry. Condiments enhance the quality and taste of food, making it more edible to the consumers. Condiments find their applicability across all the food and beverage sub-segments. There has been an increasing shift from the traditional condiments to new combinations of condiments to appeal to the choices of the customers. Condiment packaging increases the shelf life of the condiments and helps in restoring their freshness over a period of time. The global condiment packaging market is expected to grow enormously over a period of a few years.

MAASTRICHT, The Netherlands (January 7, 2020) — Mosa Meat, the company behind the world’s first cultivated hamburger, announced a strategic partnership with Nutreco, a global leader in animal nutrition and aquafeed, and with Lowercarbon Capital, a new US-based venture capital fund led by Chris Sacca, investing in planet healing technologies.

In conjunction with the completion of the transaction, Richard Hooper has been appointed Chief Executive Officer of Innophos, effective immediately. Mr. Hooper is an industry veteran with 40 years of specialty materials experience.