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Reese’s launches snack cakes for breakfast

Reese’s launches snack cakes for breakfast

11 Sep 2020

Consumption of sweets and treats has increased in the United States as a result of the pandemic, and now consumers will have yet one more occasion on which to indulge: breakfast. Hershey’s just announced its Reese’s Snack Cakes, a chocolate cake filled...

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Introducing Fi Europe CONNECT 2020

Introducing Fi Europe CONNECT 2020

10 Sep 2020

Presenting Fi Europe CONNECT – a virtual event designed to give you the global access, tools and collaboration opportunities to meet your business objectives.

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Stericycle releases an analysis of food recalls in the U.S

Stericycle releases an analysis of food recalls in the U.S

10 Sep 2020

As a result of the limited regulatory oversight activities by the U.S. Food and Drug Administration and the U.S. Department of Agriculture during the pandemic, food recalls dropped 44% in the second quarter, according to a report from the Stericycle. A...

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W Hydrocolloids Inc. Acquires Cargill’s Stake in Philippine Bio-Industries Inc.

W Hydrocolloids Inc. Acquires Cargill’s Stake in Philippine Bio-Industries Inc.

9 Sep 2020

The acquisition would boost WHI’s supply of high-quality carrageenan-based food ingredient systems in the Philippines while Cargill continues to leverage its global footprint to serve its carrageenan customers globally.

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PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK

PepsiCo’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...

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Hain Celestial considers further divestment of brands

Hain Celestial considers further divestment of brands

8 Sep 2020

The natural and organic food company Hain Celestial is in the midst of paring down its offerings to become a smaller and more profitable company. In its most recent earnings call, the company hinted that it may consider “exploring optionality” for its ...

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Nestlé launches plant-based tuna alternative, Vuna

Nestlé launches plant-based tuna alternative, Vuna

7 Sep 2020

Nestlé is taking a dive into the plant-based seafood market with its new faux tuna brand Vuna. The plant-based tuna debuted in Switzerland in August under the company’s Garden Gourmet line where it is available for retail as well as sold in pre-made sa...

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Finding opportunities in Vietnam’s changing retail landscape

Finding opportunities in Vietnam’s changing retail landscape

7 Sep 2020

Minimarkets, specialist stores and e-commerce platforms are leading retail growth in Vietnam, providing new opportunities for brands to boost sales, according to Kantar Worldpanel.

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European wine industry suffers another blow in beleaguered year

European 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...

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Israeli biotech startup prints carpaccio

Israeli biotech startup prints carpaccio

3 Sep 2020

Israeli startup MeaTech 3D has just produced the first building block to create the holy grail of alternative proteins: steak. The biotech startup successfully printed a layer of muscle tissues that resembled carpaccio and proved that sorting muscle an...

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New alternative protein fund raises $23 million in capital

New alternative protein fund raises $23 million in capital

2 Sep 2020

New alternative protein venture capital fund, Lever VC, announced that it has $23 million in commitments. The fund will focus on investing in early stage plant-based and cell-cultivated meat and dairy companies. The company said that it remains open to...

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Drizly raises $50m to expand booze delivery

Drizly 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...

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