Latest News in the food Industry

3 Mar 2021

Dutch foodtech company Mosa Meat raised $10 million in its final Series B funding round, bringing the company’s total funding to $96 million. The company, which produces slaughter-free meat, said it would use this latest cash infusion to increase its p...

2 Mar 2021

Swedish oat milk brand Oatly submitted its filing to the U.S. Securities and Exchange Commission for an initial public offering on the U.S. stock exchange. This late February filing did not detail the number of shares Oatly proposes to release nor thei...

1 Mar 2021

The pandemic unquestionably altered consumer behavior, and going into 2021, Euromonitor International released a report detailing just how different those behaviors will be in a world that is acclimatizing to the realities of a COVID-present world and ...

1 Mar 2021

The popularity of fish and seafood in Asia has fuelled a rise in recent plant-based and cell-cultured product development and strategic investment. Products that cater to local palates are crucial to ensuring consumer engagement, say industry insiders.

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...

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.

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,...

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,...

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...

20 Feb 2021

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

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.

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...