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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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Scaling Up Thermal Process Webinar

Scaling Up Thermal Process Webinar

10 Aug 2021

With UHT/HTST/pasteurization and aseptic processing it is a huge step to go from the R&D bench to full scale production and we will show you how. Please join MicroThermics for a free 1 hour webinar done in collaboration with Food Processing on Tuesd...

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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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Obama celebrated 60 with top vegan brands

Obama celebrated 60 with top vegan brands

9 Aug 2021

Plant-based foods have become so widely accepted that former President Barack Obama’s 60th birthday celebration featured a vegan, plant-based menu, according to a menu leaked by Bloomberg.

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Beyond Meat launches chicken tenders in US foodservice

Beyond Meat launches chicken tenders in US foodservice

6 Aug 2021

Beyond Meat now serves plant-based chicken nuggets at over 400 foodservice retail outlets in the United States. Its nuggets are made with a fava bean and pea protein base that the plant-based protein titan says customers consider to be on par with real...

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Quorn invests in new French extrusion technology

Quorn invests in new French extrusion technology

5 Aug 2021

Heritage plant-protein maker Quorn awarded its most recent Future Food-Tech Innovation Challenge award to French startup Umiami for the company's novel extrusion technology process that promises thicker, more realistic cuts of plant-based protein.

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Chobani quietly files for IPO with expected $10B valuation

Chobani quietly files for IPO with expected $10B valuation

4 Aug 2021

In early July, Greek yogurt producer Chobani quietly and confidentially filed for an IPO with an anticipated valuation of more than $10 billion, Reuters reported. The company has not yet determined the number of shares it will sell nor the price range ...

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Plant-based nugget prices cheaper than real chicken

Plant-based nugget prices cheaper than real chicken

3 Aug 2021

Chickenflation is a real thing, and plant-based protein maker Alpha Foods is taking advantage of skyrocketing chicken prices to grab the attention of non-meat eaters and meat eaters alike.

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