SUBSCRIBE

Breaking News on Beverage Technology & Markets

News > Ingredients

Read more breaking news

 

 

Kerry innovation chief talks investment, R&D and working with start-ups

1 comment
Niamh Michail

By Niamh Michail+

10-Jul-2017
Last updated on 10-Jul-2017 at 18:03 GMT2017-07-10T18:03:09Z

© iStock/Artfolio

© iStock/Artfolio

Following Kerry Group's $220 million (€193m) investment into research and development (R&D) last year, what's next for ingredient innovation at the Irish company? We caught up with the firm's Chief Innovation Officer.

"We were a dairy cooperative – we started out taking milk and making added value products from it and that culture, that focus on technology, has stayed with the company,” Albert McQuaid, chief innovation officer for Kerry Group.

Over recent years the firm has been on a journey called ‘One Kerry’ journey, moving the company from a business unit structure to an integrated approach, changing the way it engages with and sells to customers, McQuaid said. Central to this strategy has been the drive to centralise its R&D hubs to create a global network.

Kerry invested about $220 million in R&D last year,” said McQuaid. “That will continue. To what exact level, I suppose, will depend on the opportunities we see out there and the opportunities for growth.”

“My own role as chief innovation officer for the group is to ensure we have the right structures in place to continue that development of new products. We do that internally with our own scientists but also through collaboration with external bodies, whether that’s universities, research centres or other technology companies.”

“We also work with start-ups. Kerry is a great vehicle for start-ups to bring their new technology to the broader food and beverage industry," McQuaid added.

Investment and innovation will be focussed on its major centres, such as North America, Ireland and Singapore, but there are exceptions to this which are decided upon on a case to case basis.

At the IFT show Kerry was showcasing TasteSense, a sugar reduction product based on botanical extracts. Labelled on pack as a natural flavour, the ingredient can achieve sugar reductions of up to 30% by modulating and enhancing the perception of sweetness.

Post a comment

1 comment

Player stumbles

Sounded like a fascinating interview but the web player stumbled every 3 to 5 seconds so I did not finish.

Report abuse

Posted by Howard Cash
12 July 2017 | 16h242017-07-12T16:24:18Z

Mintel talks trends in sugar and sweeteners at IFT 2017

Mintel talks trends in sugar and sweeteners

Sugar reduction is a trend among most consumers (84%), with millennials leading the charge...

Agropur reshapes US business to streamline customer experience

Agropur reshapes US ingredients business to streamline customer experience

Agropur Ingredients has streamlined its US business by dividing it into three sectors: nutrition...

Kerry innovation chief talks investment, R&D and working with start-ups

Kerry innovation chief talks investment, R&D and working with start-ups

Following Kerry Group's $220 million (€193m) investment into research and development (R&D) last year, what's next...

‘Consumers will not compromise on taste,’ says FlavorHealth VP at IFT

‘Consumers will not compromise on taste,’ says FlavorHealth

FlavorHealth has found that most consumers will pick an indulgent beverage over a better-for-you...

DuPont launches stabilizer for plant-based beverages

DuPont launches stabilizer for plant-based beverages

DuPont Nutrition & Health (DuPont) has launched a new ingredient in its Danisco range...

Treofanphthalate-free packaging and mineral oil barriers

Treofan turns to phthalate-free packaging films and mineral oil barriers

Jürgen Schischko

Technical service director, Treofan

Braskem packaging changes color if a product is unfit for consumption

Braskem packaging changes color if a product is unfit for consumption

Marcia Pires

polymer science researcher , Braskem

Mettler-Toledo Safeline metal detection systems

Mettler-Toledo Safeline debuts four enhancements on its metal detection systems

Mettler-Toledo introduced four enhancements on its Safeline metal detection systems at Interpack.

From marketing to taste: How virtual reality will change the food industry

From marketing to taste: How virtual reality will change the food industry

Virtual reality has arrived and is set to change the way the food industry...

Soup-To-Nuts podcast: 3 trends driving growth in bottled water

Soup-To-Nuts podcast: Three trends driving growth in the bottled water category

After years of steady growth in the high single-digits, consumption of water in the...

UK sugar tax: The big questions

UK sugar tax: The big questions

The UK has announced a tax on sugar-sweetened beverages. But how hard will it...

Explaining HPP to consumers: How brands use humor, videos and animations to present processing technology

Explaining HPP to consumers: How brands use humor, videos and animations to present processing technology

Consumers want more information about the products they are drinking: from the ingredients in...

FiE 2015: Our best bits

FiE 2015: Our best bits

Our teams of journalists were out in force at Food Ingredients Europe (FiE) last...

The taste test: How do you make a probiotic drink taste good?

The taste test: How do you make a probiotic drink taste good?

Probiotic fruit drinks face different challenges to their dairy counterparts - but both face...

‘We try to be one of them’: Tetra Pak exec on vital shopper insights

‘We try to be one of them’: Tetra Pak exec discusses drive for vital shopper insight

Tetra Pak is a B2B company but it invests above the curve in shopper...

Dairy consumers ‘tend to accept’ less package functionality: Tetra Pak

Tetra Pak says dairy consumers ‘tend to accept’ less package functionality

Tetra Pak says it’s vital for its customers to strike a balance between ideal...

Saudi Arabia beverage giant Al Rabie reveals global growth ambition

Saudi Arabia beverage giant Al Rabie reveals global growth ambition

The CEO of Saudi Arabian food and beverage giant Al Rabie Saudi Foods tells...

‘Nice wine, no corkscrew?’ Mirabeau En Provence wins 8m+ YouTube views

‘Nice wine, no corkscrew?’ Mirabeau En Provence solution strikes YouTube gold with 8 million+ views

Mirabeau En Provence owner Stephen Cronk says the desire for a direct consumer connection...

DSM claims craft brewer interest in gluten-free beer enzyme

DSM claims craft brewer interest in gluten-free beer enzyme

DSM Food Specialities claims that, far from being cautious, craft brewers are embracing the...

Key Industry Events