Latest News in the food Industry
All
Topo Chico finally debuts its hard seltzer
1 Apr 2021
Molson Coors Beverage Company, which is exclusively manufacturing Topo Chico Hard Seltzer through a brand authorization agreement with Coca-Cola, finally released the concept onto shelves on March 29 after announcing the development of the brand in Jul...
Read moreNew report shows that meat alternatives will reach $290B by 2035
31 Mar 2021
Research from Boston Consulting Group and Blue Horizon Corporation revealed that by 2035, 11% of meat, eggs, dairy and seafood eaten globally will be made with alternative proteins. Numerically, that growth will correspond to an increase in production ...
Read moreChobani enters into pilot program with PepsiCo
30 Mar 2021
Greek yogurt maker Chobani recently entered into a distribution partnership with PepsiCo to sell its new yogurt drinks at convenience stores, colleges and universities in the northeastern part of the U.S. In the original report on this news, Bloomberg ...
Read moreUnilever and Nestlé petition to phase out caged hens in Europe
29 Mar 2021
In a letter to the European Commission, major food titans called on the government to end the practice of raising hens in cages in the European agricultural sector. To accomplish this push, industry heavyweights Unilever and Nestlé partnered with the o...
Read moreSwiss cultivated meat start-up raises $2.2m; aims for 2022 product launch
26 Mar 2021
This month, Swiss cell-cultured meat start-up Mirai Foods announced it raised US$2.2 million in a second seed round, bringing the total seed financing raised in 2021 to $4.5m.
Read moreAlaska takes on 21 companies in a $1 billion price-fixing lawsuit
26 Mar 2021
The state of Alaska filed a lawsuit a $1.05 billion lawsuit against 21 chicken producers, accusing these companies of price fixing. In its filing, the State of Alaska is asking for $50 million in damage and restitution payments from each defendant.
Read moreImperfect Foods plans for net-zero carbon emissions by 2030
25 Mar 2021
Online grocer Imperfect Foods announced that by 2030, it will be a net-zero carbon company that has saved 1 billion pounds of food from waste. Successfully meeting this goal would put Imperfect Foods 10 years ahead of other major retailers striving for...
Read moreGivaudan launches new digital sensory insights tool
25 Mar 2021
Givaudan Taste & Wellbeing has introduced a new digital tool which uses AI and aroma technology to enhance its understanding of consumer preferences.
Read moreDanone revamps itself, ousting CEO and adding to its portfolio
24 Mar 2021
As Danone continues to face pressure both from industry competition as well as activist investors, the company has decided to separate its chairman and CEO roles, which are currently held by Emmanuel Faber. Additionally, Danone is searching for a new C...
Read moreBabylon MicroFarms Closes $3M Seed Round
23 Mar 2021
Virginia-based agtech company Babylon Micro-Farms announced that it raised $3 million in a seed funding round with participation from existing its investor, the Center for Innovative Technology, as well as new participants, including Hull Street Capita...
Read morePig-free pepsin comes to market from Clara Foods
22 Mar 2021
Following six years of research, biotech ingredients maker Clara Foods rolled out the first commercially-available, animal-free pepsin enzyme that is is free of antibiotics and hormones as well as being vegan, Kosher and Halal, according to a press rel...
Read moreUS edges towards making sesame declaration mandatory
19 Mar 2021
Earlier this month, the US Senate unanimously passed a bill to require food manufacturers to list in plain language sesame as an allergen on food packaging.
Read more