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Chobani Sales surge as it moves closer to IPO

26 Nov 2021

Greek yogurt company Chobani saw its sales hit $1.2 billion as of Sept. 25 this year. That is only $200 million short of what the company recorded for all of 2020, when its sales rose 5.2% to $1.4 billion last year, according to a filing with the Secur...

Study: Buying less junk food can lower households' potential emissions by 29%

25 Nov 2021

Reducing the consumption of animal-based products is not the only way to eat more sustainably, according to a new study from Purdue University and published by the American Chemical Society. Researchers found that eating fewer foods with high caloric c...

India’s Avid Nutrilabs prepares to export functional coffee products

24 Nov 2021

Functional instant coffee brand Jomo is forecasting demand for its product to grow by 10 times. In anticipation of that growth, the Avid Nutrilabs-owned company said it is preparing to distribute its product internationally. Next year, the company hope...

Snacking brand Brave launches cookies and cream chickpea bites

23 Nov 2021

Chickpea snack brand Brave announced it is launching three new flavors to its lineup: Cookies & Cream, BBQ and Salt & Vinegar. The cookies and cream flavor is an indulgent snack which the company says is a world-first and is also compliant with the new...

Bloomberg report: General Mills looks to sell Progresso, Hamburger Helper for $3B

22 Nov 2021

General Mills is considering selling two of its well-known brands — soup brand Progresso and the ready-to-eat meal brand Helper — for $3 billion, according to a report by Bloomberg News.

Report: Global wine production is down despite rising export demand

19 Nov 2021

Global wine production is forecast to hit near-record lows this year, according to the International Organisation of Vine and Wine (OIV). Production is 7% lower than the industry’s 20-year average and only slightly above the historically low production...

UN lauds ‘significant’ COP26 progress for agri-food sector but did it go far enough?

19 Nov 2021

UN Climate Change says ‘significant progress’ in making the farming sector more climate-resistant and climate-respectful was made at COP26 – but critics have slammed the absence of technologies such as cell-cultured meat from the sustainability agenda.

Mondelez looks to replace sugar with ultrasonic "welding"

18 Nov 2021

Snack maker Mondelez International is testing Torr FoodTech’s sugar elimination technology, which allows manufacturers to omit added sugar and binders. Coined iWeld, Torr's technology combines ingredients with mechanical pressure and processes like ult...

JBS signs a deal with Royal DSM to cut cow methane emissions globally

17 Nov 2021

As part of the COP26 meeting, the world’s largest meatpacker, JBS, announced it has partnered with the Netherlands' Royal DSM to reduce the total amount of methane emissions emanating from JBS’s supply chain. This partnership will begin by first reduci...

Caju Love startup is making meat out of cashews

16 Nov 2021

Hawaiian startup Caju Love recently launched a vegan meat alternative made from cashew fruit. Typically, cashew fruit is considered a waste product in the nut and juice industry, so the company chose this fiber-filled fruit in an effort to create a zer...

Impossible Foods eyes $7B valuation for ‘inevitable’ IPO

15 Nov 2021

Plant-based protein titan Impossible Foods is reportedly looking to go public on the U.S. stock exchange through an IPO or SPAC listing, Forbes reported. Although there is currently no date set for the filing, the California company is in talks to rais...

Yali Bio comes out of stealth mode to launch synthetic fat

12 Nov 2021

Lab-generated, synthetic fat startup Yali Bio is the latest company to raise funds to develop a plant-based alternative fat that mimics animal-derived options. While the company is still a nascent startup, it has already drummed up some institutional f...