Mergers & Acquisitions – They say selling a business is an art – we’ve turned it into a science
Schedule a Consultation
Businesses for SaleMorgan & Westfield is committed to making the process of buying a business as simple as possible. Browse our businesses for sale now.
Buyer’s GuideHere is an overview of the process of buying a business, presented in concise summaries from our experts.
This is the intersection of food science and marketing with consumer preferences and demand. Dr. Utkarsh Shah, a new product developer for Amazon’s food and beverage business, discusses lessons he has learned from developing patents that make food better for consumers through his focus on marketing and business management. He shares insights into the art of food science, challenges around sustainability, the creation of consumer demand, and the impacts these issues will have on this dynamic industry.
Listen on Apple Podcasts | Listen on Spotify | Listen on Deezer | Listen on Stitcher | Listen on Google Podcasts | Listen on TuneIn
| 1:51 What were the lessons Dr. Shah learned when transitioning from engineering to science to a management role? |
| 6:49 What is the process involved with inventing something and obtaining a patent? |
| 11:43 What is Hershey’s intellectual property (IP) strategy regarding trade secrets vs. patents? |
| 14:10 What’s the difference between a food scientist and a chemical scientist? |
| 18:26 What is the relationship between a food scientist and a food engineer? To what extent can you train an engineer to create something that tastes good? |
| 20:49 From the business side of the food and beverage industry, how crucial is it for non-technical people to have knowledge of food science? |
| 24:33 What are some of the trends in the food and beverage sector right now? |
| 28:24 How can the challenges associated with sustainability be addressed? What types of companies are likely to emerge as winners? |
| 34:08 What is a broad definition of sustainability, and what issues are involved? |
| 40:38 What is the impact of consumers having more of a voice than ever before, especially through social media? |
| 42:55 Considering the science of nutrition, can the rapid advancements in inventions and technological innovation continue at their current pace? |
| 46:29 How does information influence consumer preferences, and how do these preferences affect purchasing behavior? |
| 59:59 How has the pandemic impacted the food industry and consumer behavior? |
| 1:02:29 Does creating a great product lead to market success, or are there other factors that come into play? |
| 1:05:32 What is the definition and history of food processing? |
Dr. Utkarsh Shah is a food and beverage leader with 12 years of experience across the entire industry value chain. He is currently with Amazon as a new product developer and P&L owner for the e-commerce arm of Amazon’s Food & Beverage category, with brands such as Amazon Fresh and Aplenty.
Dr. Shah has a bachelor’s degree in Chemical Engineering focused on Food from the Institute of Chemical Technology (ICT), Mumbai. He came to the U.S. to pursue his Ph.D. in Food Science at the University of Arkansas, where he invented a novel healthy vegetable oil technology for which he was granted a U.S. patent.
Dr. Shah then headed the Food Science and Technology team at the Hershey Company to pursue his interests in unlocking commercial applications for food technologies. He has authored five patents in food chemistry, snacks product development, better-for-you confections, and beverages. Dr. Shah completed his Executive Scholar Certificate from the Kellogg School of Business, Northwestern University, transitioned to a Marketing role, and led product innovation programs for Hershey’s before moving to Amazon’s food and beverage division.
We invested over a decade perfecting every step of the process. The result is a method proven to reduce your risk and maximize your price.
View Our Process Now
Genetically Engineered Probiotics
For this episode, withhold judgment on genetic engineering and listen to this hands-on, honest look at the benefits of GMOs and genetic engineering. Dr. Zack Abbott is a microbiologist and…
Product Development | Start-ups | The Greater Goods
If 95% of food start-ups fail, how can entrepreneurs hope to get new products into the marketplace? Bernard Verkaaik offers expert advice on the competitive challenges start-ups face, what acquirers…
You’ve invested your blood, sweat, and tears into an enterprise that has provided for you, your family and your employees. The moment has finally come for you to start a new chapter in your life. Explore your options now.
Schedule Your Consultation
Who We Are
What We Do
Our Experience
Text
Audio
Other Resources
Let’s Talk
LinkedIn: