Latest News in the food Industry
All
‘Impressive growth’: Spain’s entrepreneurs show growing appetite for food tech
8 Mar 2021
In recent years, some places, such as Silicon Valley or Tel Aviv, have become synonymous with food tech and innovation. Spain does not tend to spring to mind.
Read moreEurope aims to make beverage packaging fully circular by 2030
5 Mar 2021
UNESDA Soft Drinks Europe, the trade association representing the European non-alcoholic beverage sector has pledged to make beverage packaging fully-circular in Europe by 2030. The association plans to accomplish this by incentivizing the use of rPET,...
Read moreDanone acquires the LA-based vegan dairy maker Follow Your Heart
4 Mar 2021
French dairy conglomerate Danone acquired the Los Angeles-based vegan dairy maker, Follow Your Heart. The acquisition was done with a 100% purchase of Earth Island shares, the brand’s parent company. However, financial details were not disclosed.
Read moreThe healthier comfort food alternative
4 Mar 2021
The new product reducing sodium while enhancing umami flavour in popular comfort foods.
Read moreMosa Meat finishes its funding round with $96M
3 Mar 2021
Dutch foodtech company Mosa Meat raised $10 million in its final Series B funding round, bringing the company’s total funding to $96 million. The company, which produces slaughter-free meat, said it would use this latest cash infusion to increase its p...
Read moreSwedish brand Oatly files for U.S. IPO
2 Mar 2021
Swedish oat milk brand Oatly submitted its filing to the U.S. Securities and Exchange Commission for an initial public offering on the U.S. stock exchange. This late February filing did not detail the number of shares Oatly proposes to release nor thei...
Read moreEuromonitor outlines top food trends for 2021
1 Mar 2021
The pandemic unquestionably altered consumer behavior, and going into 2021, Euromonitor International released a report detailing just how different those behaviors will be in a world that is acclimatizing to the realities of a COVID-present world and ...
Read moreThe fish and seafood alternative boom in Asia
1 Mar 2021
The popularity of fish and seafood in Asia has fuelled a rise in recent plant-based and cell-cultured product development and strategic investment. Products that cater to local palates are crucial to ensuring consumer engagement, say industry insiders.
Read moreGivaudan invests in AI for future flavor development
26 Feb 2021
Swiss flavor and fragrance company Givaudan revealed its newest artificial intelligence-driven tool that it has integrated into its flavors division, Givaudan Taste & Wellness. In a release, the company called the technology “game-changing,” saying tha...
Read moreActivist investor takes stake in International Flavors & Fragrances
25 Feb 2021
Earlier this month, the activist investor Sachem Head Capital Management took a $1 billion stake in the ingredients and chemical company International Flavors & Fragrances (IFF), Reuters reported.
Read moreCoca-Cola launches paper bottle trial in Hungary
24 Feb 2021
After unveiling its paper bottle prototype last year, Coca-Cola is rolling out its initial market trial of the packaging in Hungary this summer. The paper bottle technology will be used to distribute 2,000 units of its plant-based smoothie brand, AdeZ,...
Read moreSeven European countries advocate for Nutri-Score on packaging
23 Feb 2021
Out of the 40 countries that comprise Europe, seven have now joined forces to promote the use of the Nutri-Score system as the standard front-of-pack (FOP) labeling for products sold across the EU. Supporting countries include France, Belgium, Germany,...
Read more