Latest news in the food and nutraceutical industry
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PepsiCo and Starbucks partner to launch energy drink
7 Feb 2022
Starbucks is launching a branded energy drink called Baya through its partnership with PepsiCo, according to a press release from the coffee chain. The 12-ounce ready-to-drink cans of liquid energy will come in three fruity flavors: Mango Guava, Raspbe...
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Mexican brand Sigma launches amaranth-based snack in the US market
4 Feb 2022
Chocke-Obleas are arriving from Mexico to key markets in the U.S., thanks to multinational company Sigma. The Mexican snack wafer is made with chocolate, artisan wafers and crispy popped amaranth, and the wafers currently come in two flavors: chocolate...
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Report: U.S. alcohol sales pass $6B, growth on the horizon
3 Feb 2022
Online sales of alcohol reached $6.1 billion in 2021, and that growth is expected to continue to climb through 2022, according to a new report from the global food and agribusiness bank Rabobank.
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Starfield lands largest plant-based funding round in China’s history
2 Feb 2022
Chinese alternative protein manufacturer Starfield Food Science & Technology closed a $100 million Series B funding round — the largest in China’s recorded history to date, according to a release from the company.
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