Latest News in the food Industry

18 Dec 2020

Functional hydration brand Cure Hydration announced it closed a $2.6 million seed funding round led by led by Lerer Hippeau with additional participation from M3 Ventures, Litani Ventures, Andy Roddick, Nas, Matthew Dellavedova, Philip Krim, co-founder...

17 Dec 2020

Despite 20 years of rhetoric from companies promising to undertake initiatives that will increase the standard of living for farmers in cocoa-producing countries as well as mitigate the environmental impacts associated with cocoa production in regions ...

16 Dec 2020

Greek yogurt maker Chobani announced that its coconut yogurt blends are now made with Fair Trade Certified coconuts, saying that it is the first national brand to earn this certification for a coconut blend in the yogurt aisle. The Fair Trade Certified...

15 Dec 2020

Danone will cut up to 2,000 jobs from its 100,000-person workforce, including up to 25% of the positions at its global headquarters in France. The company will undertake these reductions in a restructuring effort to save €1 billion ($1.2 billion) by 20...

14 Dec 2020

Kraft Heinz and Mondelez are expanding further into the gluten-free space with the release of gluten-free Kraft Macaroni & Cheese and gluten-free Oreos respectively. Kraft Heinz’s mac and cheese is now available, but Mondelez will not launch its new Or...

14 Dec 2020

The food industry is benefitting from steps to harmonise halal standards globally, including recent guidance for halal food additives– but more progress is required, according to a report.

11 Dec 2020

Helsinki-based coffee roaster Meira released a new line of coffee called Vallilan Paahtimo with the aim of offering a more sustainable cup of coffee – both inside and out. The coffee is a single-origin, sustainably grown variety that is then packaged i...

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...

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...

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).

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. ...

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.