David Lenzmeier said that while food fads come and go, consumers seeking products that are good for them is here to stay.

As consumers seek “Instagrammable” food products, food coloring agents are surging in growth.

In other beverage news, C4 Energy is freezing up with its latest set of flavors and color-changing cans.

While optimism remains, the chief technology officer at IFS said manufacturers should hone in on what they need to solve with artificial intelligence.

The failed startup, which positioned itself as a "next-generation food company," left farmers to pick up the pieces after the company shuttered last November, a lawsuit alleges.

The restructuring comes as the supplier of frozen potato products faces sluggish demand for its offerings at restaurants and retailers.