Latest News in the food Industry

All

Plant-based food maker Laird Superfood files for $40M IPO

Plant-based food maker Laird Superfood files for $40M IPO

17 Sep 2020

Laird Superfood, a company founded by the surfer Laird Hamilton, is riding the IPO wave and filed for a $40 million fundraise from investors to appear on the New York Stock Exchange. The company indicated it will use the symbol “LSF.”

Read more 
French meat producers found to not abide by labeling requirements

French meat producers found to not abide by labeling requirements

15 Sep 2020

More than one-third of French meat producers are not complying with meat labeling and traceability requirements, according to an investigation by the country’s Directorate-General for Competition, Consumer Affairs and Fraud Control (DGCCRF).

Read more 
Canadian non-alcoholic beer brand raises $4 Million

Canadian non-alcoholic beer brand raises $4 Million

15 Sep 2020

Canadian non-alcoholic beer brand Partake Brewing raised $4 million in a Series A funding round led by San Francisco-based equity firm CircleUp Growth Partners. Additional participation in the round came from Export Development Canada (EDC), Natural Pr...

Read more 
Spike in counterfeit goods could damage ‘Make in India’ initiative, warns report

Spike in counterfeit goods could damage ‘Make in India’ initiative, warns report

14 Sep 2020

Counterfeit products are rising in India and fast-moving consumer goods, including food, is in the top three worst-hit sectors. Greater traceability is needed to safeguard the national ‘Make in India’ initiative, says an industry report.

Read more 
Enfamil launches infant formula containing A2 milk proteins

Enfamil launches infant formula containing A2 milk proteins

14 Sep 2020

Infant formula brand Enfamil launched a new, FDA-regulated line containing only A2 milk proteins and the omega-3 protein DHA, a key building block in brain and eye development. The A2-only dairy is sourced directly from European cows that naturally pro...

Read more 
Reese’s launches snack cakes for breakfast

Reese’s launches snack cakes for breakfast

11 Sep 2020

Consumption of sweets and treats has increased in the United States as a result of the pandemic, and now consumers will have yet one more occasion on which to indulge: breakfast. Hershey’s just announced its Reese’s Snack Cakes, a chocolate cake filled...

Read more 
Introducing Fi Europe CONNECT 2020

Introducing Fi Europe CONNECT 2020

10 Sep 2020

Presenting Fi Europe CONNECT – a virtual event designed to give you the global access, tools and collaboration opportunities to meet your business objectives.

Read more 
Stericycle releases an analysis of food recalls in the U.S

Stericycle releases an analysis of food recalls in the U.S

10 Sep 2020

As a result of the limited regulatory oversight activities by the U.S. Food and Drug Administration and the U.S. Department of Agriculture during the pandemic, food recalls dropped 44% in the second quarter, according to a report from the Stericycle. A...

Read more 
PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK

PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK

9 Sep 2020

In the UK, Naked smoothies, including Naked Machines, Naked Lean and Naked Zing are now rolling out in bottles that are made from 100% recycled plastic. PepsiCo also updated the labels on these bottles to attract consumers attention to the use of the r...

Read more 
Hain Celestial considers further divestment of brands

Hain Celestial considers further divestment of brands

8 Sep 2020

The natural and organic food company Hain Celestial is in the midst of paring down its offerings to become a smaller and more profitable company. In its most recent earnings call, the company hinted that it may consider “exploring optionality” for its ...

Read more 
Nestlé launches plant-based tuna alternative, Vuna

Nestlé launches plant-based tuna alternative, Vuna

7 Sep 2020

Nestlé is taking a dive into the plant-based seafood market with its new faux tuna brand Vuna. The plant-based tuna debuted in Switzerland in August under the company’s Garden Gourmet line where it is available for retail as well as sold in pre-made sa...

Read more 
Finding opportunities in Vietnam’s changing retail landscape

Finding opportunities in Vietnam’s changing retail landscape

7 Sep 2020

Minimarkets, specialist stores and e-commerce platforms are leading retail growth in Vietnam, providing new opportunities for brands to boost sales, according to Kantar Worldpanel.

Read more