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Europe expands vitamin D fortification for Canadian company

Europe expands vitamin D fortification for Canadian company

20 Aug 2021

Canadian ingredients producer Lallemand received permission from the European Food Safety Authority to expand the number of compatible food products in which its Lalmin Vitamin D yeast is permitted for use.

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‘Exciting, flavourful and adventurous’: Latin American flavours are on-trend in the US

‘Exciting, flavourful and adventurous’: Latin American flavours are on-trend in the US

20 Aug 2021

Seen as exciting, flavourful and adventurous, Latino flavours are popular in the US, according to Mintel research. Does this open up export opportunities for healthy Latin American food brands?

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Alternative beef for $3? Several firms are looking to hit that target

Alternative beef for $3? Several firms are looking to hit that target

19 Aug 2021

An ongoing criticism of meat alternatives is price. However, as grocery prices have risen globally as a result of pandemic-related supply chain repercussions, plant-based alternatives have found themselves able to take a bigger bite out of the protein ...

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Cannabis ice cream is becoming big in the U.S.

Cannabis ice cream is becoming big in the U.S.

18 Aug 2021

Hot summer days call for a cool scoop of ice cream, but for those that are interested in chilling out in more than just temperature, Boston-based ice cream brand Emack & Bolio’s has partnered with the multi-state cannabis operator MariMed to bring cann...

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Australian wine exports experience double-digit decline

Australian wine exports experience double-digit decline

17 Aug 2021

Exports of Australian wine fell 10% to $2.56 billion AUD from 2020 to 2021 according to the latest Export Report by Wine Australia. Much of this decline followed tariffs China levied on Australian wine last year.

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Asia’s most popular vegan pork is now available in U.S. retail

Asia’s most popular vegan pork is now available in U.S. retail

16 Aug 2021

In April, the Hong Kong phenomenon OmniFoods came onto U.S. shores with three styles of its vegan pork that it made available in limited locations on the West Coast. Then in August, the brand, which is the food tech arm of Green Monday, announced that ...

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EU approves stevia produced via enzymatic conversion

EU approves stevia produced via enzymatic conversion

16 Aug 2021

The European Commission has approved use of the enzymatically converted stevia molecule, Reb M, for use in the EU.

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Yum! Brands leans on digital sales to net double-digit YOY growth

Yum! Brands leans on digital sales to net double-digit YOY growth

13 Aug 2021

Fast-casual restaurant group Yum! Brands released its second quarter earnings report at the end of July, revealing that despite the troubles and tribulations facing many dining establishments, the group’s brands remained relatively insulated from sales...

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Singapore snacking startup making indulgent foods healthy grabs $3M in funding

Singapore snacking startup making indulgent foods healthy grabs $3M in funding

12 Aug 2021

Singapore-based Hoow Foods, which develops better-for-you versions of indulgent snacks and ingredients using artificial intelligence (AI), announced it secured S$3 million in a Series A funding round. The round was led by Singapore-based venture firm F...

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Molson Coors set to discontinue 11 of its economy brands

Molson Coors set to discontinue 11 of its economy brands

11 Aug 2021

In its most recent quarterly earnings call, beer titan Molson Coors announced that it will discontinue 11 of its value brands, some of which have strong regional loyalty. In total 100 SKUs will no longer be available.

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Coca-Cola sells its first nonfungible token

Coca-Cola sells its first nonfungible token

10 Aug 2021

Beverage giant Coca-Cola auctioned off its first-ever NFT or nonfungible token to commemorate International Friendship Day on July 30. Proceeds from the action, which totaled 217 ETH or $569.805, went to Special Olympics International.

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Punk health: Why young Chinese are fuelling health supplement sales

Punk health: Why young Chinese are fuelling health supplement sales

9 Aug 2021

Around the world, the health supplement market’s biggest consumers tend to be older people. In China, however, it is the younger generation of ‘punk health’ aficionados who are fuelling supplement sales.

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