Latest News in the food Industry

All

PepsiCo Egypt CEO feels bullish about regional growth: ‘The opportunities are huge’

PepsiCo Egypt CEO feels bullish about regional growth: ‘The opportunities are huge’

20 Jul 2020

PepsiCo recently announced a US$100m capital investments in Egypt, and its confidence in the country’s growth potential is unshaken even by coronavirus, says the CEO of PepsiCo Egypt.

Read more 
PepsiCo partners up to sequence the oat genome

PepsiCo partners up to sequence the oat genome

20 Jul 2020

PepsiCo and its partners sequenced the complete oat genome for the first time, only taking four months to complete the process. The data was published on an open source platform for use by other companies looking to develop and improve new oat varietie...

Read more 
Uber agrees to buy Postmates for $2.65 billion

Uber agrees to buy Postmates for $2.65 billion

17 Jul 2020

Uber will expand its food delivery business with a $2.65 billion acquisition of the Postmates delivery service. The financial transaction will be done in an all-stock deal, putting the pressure on both companies to continue delivering growth and become...

Read more 
Kerry ingredients company will debut its Botanicals Collection Zero

Kerry ingredients company will debut its Botanicals Collection Zero

16 Jul 2020

Kerry introduced its new Botanicals Collection Zero, a range of botanical extracts that are specifically designed for low- and no-alcohol beverages. The ingredient company will offer 15 new standard extracts with an additional 35 other options that the...

Read more 
Danone rejects claim that its infant formulas contain toxic substances

Danone rejects claim that its infant formulas contain toxic substances

15 Jul 2020

After industry watchdog group Foodwatch released a report last October that aromatic mineral oils (MOAH) were found in 16 infant formula brands, including Danone’s Gallia Galliagest Lactose-free Growing-up product, the French manufacturing giant recent...

Read more 
Coca-Cola to discontinue its Odwalla brand

Coca-Cola to discontinue its Odwalla brand

14 Jul 2020

Coca-Cola is eliminating its Odwalla brand and the refrigerated trucking network that transports these cold fruit beverages. Deliveries of Odwalla will stop at the end of July and unsold inventory will be picked up in August. This move by Coca-Cola wil...

Read more 
Sugar Association files citizen petition calling for clearer labelling of sweeteners

Sugar Association files citizen petition calling for clearer labelling of sweeteners

13 Jul 2020

The Sugar Association has filed a US citizen petition to require manufacturers to add front-of-pack disclosures regarding the use of non-nutritive sweeteners – but sweetener suppliers say ingredient lists already give consumers clear information.

Read more 
Follow your Heart releases dairy-free feta

Follow your Heart releases dairy-free feta

13 Jul 2020

This month, Follow Your Heart released its Dairy-Free Feta Crumbles Cheese Alternative, the first dairy-free feta cheese option to arrive on grocery store shelves in the United States.

Read more 
Gates Foundation leads $45 million investment in crop protection startup

Gates Foundation leads $45 million investment in crop protection startup

10 Jul 2020

Crop protection company Enko Chem announced that it raised $45 million in a Series B funding round led by the Bill and Melinda Gates Foundation with participation from Anterra Capital, Rabobank, Finistere Ventures, Novalis LifeSciences, Germin8 Venture...

Read more 
Spending on U.S. advertising for sugary drinks increases 26% to over $1 billion

Spending on U.S. advertising for sugary drinks increases 26% to over $1 billion

9 Jul 2020

Beverage companies increased their spending on advertising sugary drinks by 26% to over $1 billion between 2013 and 2018, according to a new study from UConn Rudd Center for Food Policy & Obesity. This increase in advertising primarily targets communit...

Read more 
EU invests €20m into sugar beet biorefinery for carbon neutral organic acids

EU invests €20m into sugar beet biorefinery for carbon neutral organic acids

8 Jul 2020

To reduce its reliance on petroleum-based chemicals in the food and agricultural industries, the European Commission and the public-private Bio Based Industry Joint Undertaking (BBI JU) are investing €20 million in the construction of a sugar beet bior...

Read more 
Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry

Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry

7 Jul 2020

EBottli recently launched in Australia with the goal of protecting the country’s wine exports from counterfeits that are prevalent in Asia. In China alone, potential losses to counterfeit wine are anticipated to reach $3 trillion by 2022. Australian wi...

Read more