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Nestlé buys Freshly for $950M
20 Nov 2020
Nestlé acquired Freshly, a startup that provides home delivery of healthy meals, for $950 million at the end of October. The acquisition comes with the option for additional payouts of $550 million that is contingent on the successful growth of the bus...
Read moreHormel sells bacon-scented face masks
19 Nov 2020
Bacon remains a perennially popular ingredient in cuisines around the world, and now Hormel is offering consumers one more opportunity to integrate the smell of this beloved breakfast staple into their lives through bacon-scented masks.
Read moreBeyond Meat unveils the next generation of its Beyond Burger
18 Nov 2020
Beyond Meat will release two new versions of its Beyond Burger: one with increased juiciness and the other with an improved nutritional profile. Both burgers will launch across the U.S. in 2021.
Read morePlant-based brand No Evil Foods pledges become plastic negative
17 Nov 2020
No Evil Foods is the latest company to establish a laudable and aspirational sustainability goal, committing to become plastic negative by remove two pounds of plastic for every one pound they generate through a partnership with rePurpose Global. The b...
Read morePlant-based energy shots experience buzz in the market
16 Nov 2020
Plant-based options are making inroads into a variety of categories within the food and beverage market. Go Big and Proper Wild are two new entrants into the space that are taking aim at a small category that has yet to experience significant innovatio...
Read moreInnova identifies transparency as the top trend for 2021
13 Nov 2020
As 2020 prepares to turn to 2021, Innova Market Insights released its industry trend analysis for the upcoming year to help manufacturers align products with consumer demands in food and beverage.
Read moreIsraeli cell-based meat company Meat Tech 3D files for U.S. IPO
12 Nov 2020
Israeli cell-based meat company, Meat-Tech 3D, is a relative newcomer to the industry but is making up for lost time with a flurry of activity. Most recently, the company filed its paperwork with the U.S. Securities and Exchange Commission to begin the...
Read moreCoca-Cola reveals its new paper bottle prototype
11 Nov 2020
Atlanta-based beverage company Coca-Cola announced that it is testing a paper bottle prototype this month for both still and carbonated beverages. While this prototype will be tested in limited markets, Coca-Cola said that it is “too early” to specific...
Read morePlant-based food maker Alpha Foods launches DTC platform
10 Nov 2020
California-based Alpha Foods launched its direct-to-consumer (DTC) platform in the U.S. to take advantage of the growing market for plant-based and e-commerce delivery options. The company's products will also continue to be sold at brick and mortar re...
Read moreWhole Foods releases Top 10 food trends for 2021
9 Nov 2020
This year marks the sixth year that Whole Foods has released its annual trend predictions for food and beverage. While some trends look familiar and are an extension of years past, 2021’s list of up-and-coming products has also been heavily influenced ...
Read moreCocoa fruit juice: The next big beverage ingredient?
9 Nov 2020
Cocoa fruit juice has a refreshingly sweet and sour flavour with tropical notes of lychee and peach, making it ideal for premium-positioned drinks, says Ghanaian-Swiss supplier Koa.
Read moreHigher egg intake linked to lower stroke risk in Asia, but not North America and Europe
6 Nov 2020
A new study published in the Frontiers in Nutrition journal found that egg consumption is linked to a lower risk of stroke. However, when researchers broke this correlation out between global regions, they found that this trend held true in Asia, but n...
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