Latest News in the food Industry

Beverage

Coca-Cola cuts 2,200 jobs and restructures

Coca-Cola cuts 2,200 jobs and restructures

5 Jan 2021

The saying, new year, new you has a whole new meaning for the soda corporation Coca-Cola that is reducing its workforce by 2,200 people in an effort to restructure and respond to ripple effects from the pandemic. Layoffs and buyouts in the U.S. will co...

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Plant-based Cure Hydration raises $2.6 million, plans expansion

Plant-based Cure Hydration raises $2.6 million, plans expansion

18 Dec 2020

Functional hydration brand Cure Hydration announced it closed a $2.6 million seed funding round led by led by Lerer Hippeau with additional participation from M3 Ventures, Litani Ventures, Andy Roddick, Nas, Matthew Dellavedova, Philip Krim, co-founder...

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Finnish coffee brand Meira launches a bio-based sustainable cup

Finnish coffee brand Meira launches a bio-based sustainable cup

11 Dec 2020

Helsinki-based coffee roaster Meira released a new line of coffee called Vallilan Paahtimo with the aim of offering a more sustainable cup of coffee – both inside and out. The coffee is a single-origin, sustainably grown variety that is then packaged i...

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Abbott launches infant formula with immune component

Abbott launches infant formula with immune component

10 Dec 2020

Infant nutrition company Abbott Nutrition launched its new Similac line Pro-Advance which is its “closest formulation to breast milk” and includes added 2’-FL HMO prebiotic for infant immune support. The company is launching this product in Canada wher...

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Lactalis moves more brands into Indian market

Lactalis moves more brands into Indian market

8 Dec 2020

French brand Lactalis is expanding its hold in the Indian market through the launch of its UHT toned Lactel milk brand. These one-liter packs are fortified with vitamins A and D will retail for Rs70 ($0.94).

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Terra Kaffe closes funding for single-serve, podless espresso machine

Terra Kaffe closes funding for single-serve, podless espresso machine

1 Dec 2020

Superautomatic espresso maker Terra Kaffee closed a $4 million funding round with the New York-based venture capital fund The Seed Lab, bringing its total funding to just shy of $5 million since its debut in 2019.

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Heineken is now brewing its Sol beer with solar

Heineken is now brewing its Sol beer with solar

25 Nov 2020

Heineken is one step closer to its goal of increasing the share of renewable energy in its beverage production to 70% by 2030 with the installation of 9,212 solar panels at its brewery in the Netherlands where it produces Sol beer.

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Plant-based energy shots experience buzz in the market

Plant-based energy shots experience buzz in the market

16 Nov 2020

Plant-based options are making inroads into a variety of categories within the food and beverage market. Go Big and Proper Wild are two new entrants into the space that are taking aim at a small category that has yet to experience significant innovatio...

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Coca-Cola reveals its new paper bottle prototype

Coca-Cola reveals its new paper bottle prototype

11 Nov 2020

Atlanta-based beverage company Coca-Cola announced that it is testing a paper bottle prototype this month for both still and carbonated beverages. While this prototype will be tested in limited markets, Coca-Cola said that it is “too early” to specific...

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Cocoa fruit juice: The next big beverage ingredient?

Cocoa fruit juice: The next big beverage ingredient?

9 Nov 2020

Cocoa fruit juice has a refreshingly sweet and sour flavour with tropical notes of lychee and peach, making it ideal for premium-positioned drinks, says Ghanaian-Swiss supplier Koa.

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UK’s Ceder’s gin is debuting in the U.S.

UK’s Ceder’s gin is debuting in the U.S.

5 Nov 2020

Ceder’s non-alcoholic gin debuted in the U.S. this past October, launching in retail and on-premise locations in Connecticut, Delaware, Maryland, Virginia and Washington D.C as well as online.

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Coca-Cola to discontinue production of Tab soda

Coca-Cola to discontinue production of Tab soda

3 Nov 2020

As the soda giant Coca-Cola looks to slim down its portfolio and focus on profitable brands, Tab soda has become the latest legacy brand to be put on the chopping block.

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