Latest News in the food Industry

All

Sweden’s Nick’s lands $100M funding Round

Sweden’s Nick’s lands $100M funding Round

5 Nov 2021

Better-for-you ice cream and snack brand Nick’s closed a $100 million funding round led by Kinnevik, Ambrosia and Temasek with participation from Gullspang. The company said these funds will be allocated to expanding its portfolio of healthy snacks usi...

Read more 
Cocoa-free chocolate company raises $6M for expansion

Cocoa-free chocolate company raises $6M for expansion

4 Nov 2021

Germany’s QOA, a startup striving to create chocolate without the cocoa, closed a $6 million funding round led by Cherry Ventures with participation from 50years, World Fund, Nucleus Capital, Trellis Road, Pioneer Fund, and Tet Ventures.

Read more 
British meal kit company trials edible packaging made from pea protein

British meal kit company trials edible packaging made from pea protein

3 Nov 2021

Meal kit company Gousto is trialing the world’s first pea protein packaging as a vegetable stock cube wrapper this November. Made from engineered pea protein that has been dried into sheets in order to preserve food flavor and shelf life, the vegan, gl...

Read more 
Coca-Cola acquires remaining stake in BodyArmor sports drinks

Coca-Cola acquires remaining stake in BodyArmor sports drinks

2 Nov 2021

Coca-Cola announced it is spending $5.6 billion to acquire the remaining 85% of the sports drink brand BodyArmor that it did not previously own. The Atlanta-based company initially took a 15% stake in BodyArmor in 2018.

Read more 
Nestlé debuts refrigerated afternoon pick-me-ups

Nestlé debuts refrigerated afternoon pick-me-ups

1 Nov 2021

The world’s largest food manufacturing company is launching a new chilled snack called Nestlé Rallies Nut Butter Bombs. These refrigerated bars are filled with nut butter, coated in a chocolate shell, and come in three flavors: Brownie Almond Butter an...

Read more 
Kind’s new CEO comes from Mars Wrigley candy business

Kind’s new CEO comes from Mars Wrigley candy business

29 Oct 2021

Kind Healthy Snacks is shaking up its leadership team and has appointed Russell Stokes as the new Chief Executive Officer of Kind North America. This change took effect immediately on Oct. 20.

Read more 
Germany’s Veganz supermarket chain prepares for IPO

Germany’s Veganz supermarket chain prepares for IPO

28 Oct 2021

Germany's pioneering vegan company Veganz went public on Oct. 27 on the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), according to a release published on the company’s website. The initial offe...

Read more 
Impossible Foods eyes UK as its next market

Impossible Foods eyes UK as its next market

27 Oct 2021

Plant-based meat company Impossible Foods is continuing to expand its empire, and its next target is the U.K. The California company submitted an application for approval with the U.K. Food Standards Agency in early 2021, and Food Navigator reported th...

Read more 
RTD alcohol market share to double by 2025

RTD alcohol market share to double by 2025

26 Oct 2021

Since 2018, volume sales of alcoholic ready-to-drink options have been growing more quickly than other major drink categories, according to new data from IWSR, a drinks market analyst firm.

Read more 
EU approves protein ingredient from Eat Just

EU approves protein ingredient from Eat Just

25 Oct 2021

Eat Just, the company behind the mung bean-based Just Egg, received approval from the European Food Safety Authority (EFSA) stating that its novel mung bean protein used in its egg substitute is safe for consumption. It is the first novel legume protei...

Read more 
Hormel Partners With Better Meat Co. to develop animal-free products

Hormel Partners With Better Meat Co. to develop animal-free products

22 Oct 2021

The venture arm of Hormel Foods Corporation, which is best known for its SPAM canned meat product, has entered into an exclusive partnership with The Better Meat Co. with the aim of launching mycoprotein-based products to the marketplace. Financial det...

Read more 
Isomaltulose – Fettverbrennende Energiezufuhr mit natürlichem Ursprung

Isomaltulose – Fettverbrennende Energiezufuhr mit natürlichem Ursprung

22 Oct 2021

Die Isomaltulose zeichnet sich nicht nur durch seinen niedrigen glykämischen Index aus, sondern verlängert ebenfalls die Energiezufuhr und erhöht die Fettverbrennung bei einer Süßkraft von 50%.

Read more