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Abbott launches infant formula with immune component
10 Dec 2020
Infant nutrition company Abbott Nutrition launched its new Similac line Pro-Advance which is its “closest formulation to breast milk” and includes added 2’-FL HMO prebiotic for infant immune support. The company is launching this product in Canada wher...
Read moreUnilever aims to increase its plant-based sales to $1.2B
9 Dec 2020
Unilever announced that it is working to increase sales of its plant-based to €1 billion ($1.2 billion) within the next five to seven years. In addition to this commitment, the company is looking to improve the nutritional and sustainability profiles o...
Read moreLactalis moves more brands into Indian market
8 Dec 2020
French brand Lactalis is expanding its hold in the Indian market through the launch of its UHT toned Lactel milk brand. These one-liter packs are fortified with vitamins A and D will retail for Rs70 ($0.94).
Read moreCandy maker Mars to acquire Kind North America for $5B
7 Dec 2020
Candy maker Mars will fully acquire bar maker Kind Bar in a deal that is reported to be worth $5 billion. Daniel Lubetzky, the company’s founder told the New York Times, which first reported the deal, that Kind's sales are about $1.5 billion annually. ...
Read moreImmune-boosting product launches in Southeast Asia
7 Dec 2020
Chocolate snacks with adaptogenic mushroom powder, vitamin C jelly, and prebiotic-packed crackers are just some recent product launches in Southeast Asia promising to boost consumers’ immunity as the COVID-19 pandemic drags on.
Read moreReport: Food and Beverage spending anticipated to rise during holidays
4 Dec 2020
The Consumer Brands Association releases a report stating that spending in the food and beverage sector will be up 9.5-11.5% for the season. This forecast jump in spending is in line with CPG sales over three of the last four months which were reported...
Read moreAvian Flu reaches Britain, quarantine measures set
3 Dec 2020
In November, the first cases of avian flu were detected in the UK prompting the government to set up biosecure prevention zones across England, Scotland and Wales. Since then, the number of cases has continued to increase in both domestic and wild popu...
Read moreDespite warnings, aspartame remains an authorized additive in the UK
2 Dec 2020
When the UK exits the European Union come the new year, there will not be any change to the list of authorized food additives. This post-transition list will continue to permit aspartame as a food additive despite studies suggesting that its consumptio...
Read moreTerra Kaffe closes funding for single-serve, podless espresso machine
1 Dec 2020
Superautomatic espresso maker Terra Kaffee closed a $4 million funding round with the New York-based venture capital fund The Seed Lab, bringing its total funding to just shy of $5 million since its debut in 2019.
Read moreMondelez releases it second State of Snacking report
30 Nov 2020
Snacking has now become a lifeline for people weathering the lingering pandemic. As compared to pre-COVID-19, 88% of adults say that their snacking has increased since this past spring, according to Mondelez’s second annual State of Snacking report.
Read moreChinese consumers increasingly concerned about food safety
30 Nov 2020
Food safety is of growing concern for Chinese consumers and many do not fully trust on-pack claims such as organic. Supply chain certification is one way to win back trust, according to Lloyd’s Register.
Read moreHeight-boosting protein drink launches in Asia
27 Nov 2020
After successfully launching in the U.S., Israeli brand Nutritional Growth Solutions introduced its Healthy Height protein shake to the Asia-Pacific market. Alongside the product launch came a successful IPO on the Australian Stock Exchange where the c...
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