Latest News in the food Industry

Functional Food & Drink

Enhanced ingredients: Using biotech to create highly functional food

Enhanced ingredients: Using biotech to create highly functional food

4 Mar 2022

Through acquisitions, investments and internal R&D, ingredient companies are harnessing biotechnology to create healthier ingredients and more functional additives.

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Butter is Better: Keto is driving resurgence as a premium product

Butter is Better: Keto is driving resurgence as a premium product

11 Feb 2022

After years of being shunned as an ingredient, fat is back thanks in large part to the popularity of the keto diet. The market for keto products is growing steadily with the global value of this category forecast to reach $15.6 billion by 2027, accordi...

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‘Humanisation’ of pets creates opportunities in pet food

‘Humanisation’ of pets creates opportunities in pet food

9 Feb 2022

Clean label, natural, sustainable, luxury and plant-based: The ‘humanisation’ of pets means consumers want premium pet food, and a number of food manufacturers are entering the growing pet food sector to meet their demands.

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Nestlé Health Science acquires US plant-based nutrition company

Nestlé Health Science acquires US plant-based nutrition company

8 Feb 2022

The health science division of the world’s largest food manufacturer is acquiring a majority stake in Orgain, a maker of protein powders, shakes and bars, according to a press release. The financial terms of the transaction were not disclosed. Founder ...

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Euromonitor’s top consumer trends in 2022 – and what they mean for the food industry

Euromonitor’s top consumer trends in 2022 – and what they mean for the food industry

7 Feb 2022

From direct-to-consumer e-commerce to upcycled food or functional ingredients for holistic wellbeing, we look at how food and drink manufacturers can leverage some of 2022’s top consumer trends into their portfolios.

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The rise of baby food delivery

The rise of baby food delivery

30 Jan 2022

Direct-to-consumer baby food companies promise to deliver nutritious, clean label food products that are tailored to babies’ developmental needs straight to busy mums’ doors, and investors are eyeing the category with interest.

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Bonumose to manufacture tagatose sugar in North America

Bonumose to manufacture tagatose sugar in North America

11 Jan 2022

Following regulatory approval in both the U.S. and Canada, ingredient company Bonumose is on schedule to open its first commercial production facility to produce tagatose, a low-glycemic, rare sugar, in the spring of 2022.

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Cell-based sushi get commercial contracts in U.S. grocery stores

Cell-based sushi get commercial contracts in U.S. grocery stores

8 Jan 2022

Wildtype, a California startup making cultivated sushi-grade salmon, has secured distribution agreements with Snowfox and Pokéworks in the U.S. Snowfox operates 1,230 grocery store sushi bars while Pokéworks is a chain with 65 fast-casual restaurants, ...

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Future Meat Technologies raises $347M, looks toward global expansion

Future Meat Technologies raises $347M, looks toward global expansion

5 Jan 2022

Future Meat Technologies has been one of the leading companies in the effort to commercialize cultivated meat outside of Singapore, and the company has just closed a $347 million Series B funding round in order to do just that.

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Grupo Bimbo invests in Ecuador-based LiveKuna

Grupo Bimbo invests in Ecuador-based LiveKuna

17 Dec 2021

Grupo Bimbo, the world’s largest baking company that owns over 100 brands including Sara Lee and Thomas' English Muffins, took the lead on a Series A funding round for the Latin American superfood startup LiveKuna. Other investors in the round include ...

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North Carolina company uses CRISPR tech to create seedless berries

North Carolina company uses CRISPR tech to create seedless berries

13 Dec 2021

After three years of working with CRISPR technology to edit the genes of various fruits and vegetables, Pairwise said it expects its first products to hit shelves next year, Food Dive reported.

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Nestlé backs vegan chicken brand Sundial Foods

Nestlé backs vegan chicken brand Sundial Foods

1 Dec 2021

The world’s largest food conglomerate Nestlé is backing a California-based startup that makes plant-based chicken wings with meat, skin and bone. The Swiss food giant participated in a $4 million funding round for Sundial Foods that included other inve...

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