Latest News in the food Industry

22 Jul 2020

Pasture-raised egg company Vital Farms filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $100 million in an initial public offering. The company plans to use the symbol VITL on the NASDAQ New York stock exchange.

21 Jul 2020

Stifel analyst Mark Astrachan released a report stating that he expects energy drink giant Monster Beverage to enter both the hard seltzer space and the non-alcoholic sparkling water category.

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.

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...

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...

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...

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...

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...

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.

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.

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...

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...