Latest News in the food Industry
Beverage
AB Inbev completes its acquisition of the Craft Brew Alliance
16 Oct 2020
The merger of AB InBev and the Craft Brew Alliance (CBA) is now finalized following the divestiture of brewery operations in Hawaii. In September the U.S. Department of Justice approved the companies’ decision to sell CBA's Kona Brewing operations in H...
Read morePlant-based dairy is now available in toddler formulas
30 Sep 2020
Israeli-based Else Nutrition released its first plant-based toddler nutrition formula on Amazon at the end of September. However, the company is already conducting clinical trials to bring a vegan infant formula that replicates the nutritional properti...
Read moreGerman coffee brand Tchibo arrives in the U.S.
29 Sep 2020
Tchibo is debuting four of its blends at retailers throughout the U.S. Midwest as part of a pilot program that will determine the viability of a nationwide rollout at an unspecified later date.
Read moreCanadian non-alcoholic beer brand raises $4 Million
15 Sep 2020
Canadian non-alcoholic beer brand Partake Brewing raised $4 million in a Series A funding round led by San Francisco-based equity firm CircleUp Growth Partners. Additional participation in the round came from Export Development Canada (EDC), Natural Pr...
Read moreEnfamil launches infant formula containing A2 milk proteins
14 Sep 2020
Infant formula brand Enfamil launched a new, FDA-regulated line containing only A2 milk proteins and the omega-3 protein DHA, a key building block in brain and eye development. The A2-only dairy is sourced directly from European cows that naturally pro...
Read morePepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK
9 Sep 2020
In the UK, Naked smoothies, including Naked Machines, Naked Lean and Naked Zing are now rolling out in bottles that are made from 100% recycled plastic. PepsiCo also updated the labels on these bottles to attract consumers attention to the use of the r...
Read moreEuropean wine industry suffers another blow in beleaguered year
4 Sep 2020
Despite demand for alcohol, including wine, surging during the pandemic, the global wine industry has been suffering as a result of trade restrictions, labor shortages, and now, weather woes. In Italy’s northern Veneto region, a violent storm at the en...
Read moreDrizly raises $50m to expand booze delivery
1 Sep 2020
E-commerce alcohol delivery service Drizly announced it closed a $50 million funding round led by the investment firm Avenir with participation from Tiger Global and other existing investors. This additional funding brings the company’s total fundraisi...
Read moreCoca-Cola introduces recyclable paperboard rings on its multi-packs
31 Aug 2020
As a result of its effort to remove all unnecessary hard to recycle plastic from its portfolio in Western Europe, Coca-Cola is introducing a paperboard packaging alternative called CanCollar in Spain.
Read moreAdaptogenic coffee raises $2.7 million to reimagine coffee
24 Aug 2020
Coffee company, Taika, raised $2.7M in seed funding for its adaptogen-infused, ready-to-drink (RTD) beverages. The investment round was led by Kindred Ventures with participation from Obvious Ventures and World Champion Barista James Hoffman. In the co...
Read moreAustralia is converting stale beer into electricity
21 Aug 2020
When lockdowns closed pubs, watering holes around Australia found themselves saddled with kegs of ales and lagers that were slowly passing their expiration date. However, instead of dumping them down the drain – which would require additional disposal ...
Read moreLemon water brand gets celebrity investment
18 Aug 2020
Cold-pressed lemon water beverage, Lemon Perfect, closed a $6.6 million funding round led by Beechwood Capital, The Big Squeeze, Goat Rodeo Capital, LivWell Ventures, Melitas Ventures, R3 Venture Partners, the RCV Frontline Fund, the Stage 1 Fund, and...
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