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Givaudan invests in AI for future flavor development

Givaudan invests in AI for future flavor development

26 Feb 2021

Swiss flavor and fragrance company Givaudan revealed its newest artificial intelligence-driven tool that it has integrated into its flavors division, Givaudan Taste & Wellness. In a release, the company called the technology “game-changing,” saying tha...

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Activist investor takes stake in International Flavors & Fragrances

Activist investor takes stake in International Flavors & Fragrances

25 Feb 2021

Earlier this month, the activist investor Sachem Head Capital Management took a $1 billion stake in the ingredients and chemical company International Flavors & Fragrances (IFF), Reuters reported.

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Coca-Cola launches paper bottle trial in Hungary

Coca-Cola launches paper bottle trial in Hungary

24 Feb 2021

After unveiling its paper bottle prototype last year, Coca-Cola is rolling out its initial market trial of the packaging in Hungary this summer. The paper bottle technology will be used to distribute 2,000 units of its plant-based smoothie brand, AdeZ,...

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Seven European countries advocate for Nutri-Score on packaging

Seven European countries advocate for Nutri-Score on packaging

23 Feb 2021

Out of the 40 countries that comprise Europe, seven have now joined forces to promote the use of the Nutri-Score system as the standard front-of-pack (FOP) labeling for products sold across the EU. Supporting countries include France, Belgium, Germany,...

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Pandemic leads Heineken to cut 8,000 jobs

Pandemic leads Heineken to cut 8,000 jobs

22 Feb 2021

Dutch brewing giant Heineken announced it will cut 8,000 jobs as part of a new restructuring effort. The timeline for these job reductions will vary across locations, but the company did say that its head-office will see a 20% reduction in positions at...

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Mars abandons US pledge to remove artificial colours

Mars abandons US pledge to remove artificial colours

20 Feb 2021

Mars has abandoned its 2016 pledge to remove artificial colours, associated with behavioural problems in children, from its US portfolio.

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Nestlé plans to launch a vegan KitKat bar

Nestlé plans to launch a vegan KitKat bar

19 Feb 2021

For those looking for plant-based treats, KitKat bars will soon offer a vegan alternative, announced Swiss CPG giant Nestlé. The newest KitKat formulation will be called KitKat V, and it will be certified vegan as well as use 100% sustainable cocoa.

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Infant probiotic brand nurtured a $55M funding round

Infant probiotic brand nurtured a $55M funding round

18 Feb 2021

Evolve, a biotech company specializing in probiotics aimed at addressing infant gut microbiome deficiencies, closed a $55 million Series D funding round led by Cargill and Manna Tree. As part of the investment, Cargill and Manna Tree will join the comp...

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Global interest in no- and low-alcohol bubbles over

Global interest in no- and low-alcohol bubbles over

17 Feb 2021

In stark contrast to the struggles faced by alcohol brands worldwide, global sales of no- and low-alcohol beverages are steaming ahead, with London-based market research firm IWSR predicting that sales in this category will surge 31% by 2024.

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Bunge Loders Croklaan expands organic portfolio

Bunge Loders Croklaan expands organic portfolio

17 Feb 2021

Oils and fats solutions specialist, Bunge Loders Croklaan, is growing its organic portfolio in Europe.

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Peatos gets an investment from Post Cereals

Peatos gets an investment from Post Cereals

16 Feb 2021

Post Holdings Inc. led a $12.5 million Series B funding round for better-for-you snacking brand Peatos. The growing snack band says it will use the funds to continue its mission to give Americans better-for-you “junk food” options by adding nutrient-de...

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BodyArmor energizes its brand with caffeinated sports beverage

BodyArmor energizes its brand with caffeinated sports beverage

15 Feb 2021

Sports drink brand BodyArmor released a new addition to its lineup that is fortified with 100 mg of natural caffeine as well as 1,000mg of electrolytes. Called BodyArmor Edge, the beverage comes in four flavors: Berry Blitz, Tropical Chaos, Power Punch...

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