Latest News in the food Industry

Certification

PepsiCo launches 'non-HFSS' crisps in UK

PepsiCo launches 'non-HFSS' crisps in UK

15 Apr 2022

PepsiCo has launched lower-salt crisps under its Walkers range that it is marketing as 'non-HFSS' following recent UK advertising restrictions that limit high fat, salt and sugar (HFSS) foods.

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Front-of-pack labels gaining support, but not everywhere

Front-of-pack labels gaining support, but not everywhere

6 Apr 2022

More and more frequently, consumers want to know what is in their food. While ingredients lists have long been present on packaged goods, front-of-package labeling has come into vogue in recent years as a shorthand signal to consumers about whethe...

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Impossible Foods to reach $2B in funding

Impossible Foods to reach $2B in funding

29 Nov 2021

Plant-based protein company Impossible Foods announced it closed a $500 million funding round last week. The round was led by Mirae Asset Global Investments with participation from other existing Impossible Foods investors, the company said in a statem...

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Impossible Foods eyes $7B valuation for ‘inevitable’ IPO

Impossible Foods eyes $7B valuation for ‘inevitable’ IPO

15 Nov 2021

Plant-based protein titan Impossible Foods is reportedly looking to go public on the U.S. stock exchange through an IPO or SPAC listing, Forbes reported. Although there is currently no date set for the filing, the California company is in talks to rais...

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Germany’s Veganz supermarket chain prepares for IPO

Germany’s Veganz supermarket chain prepares for IPO

28 Oct 2021

Germany's pioneering vegan company Veganz went public on Oct. 27 on the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), according to a release published on the company’s website. The initial offe...

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Coca-Cola earns highest marks for sustainable packaging

Coca-Cola earns highest marks for sustainable packaging

5 Oct 2021

A new report from the non-profit As You Sow found that among the 50 consumer-facing companies whose packaging sustainability was analyzed, only Coca-Cola earned a grade of B, which was the highest mark extended to any of the companies. Below Coca-Cola,...

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EU approves exported camel milk for another year

EU approves exported camel milk for another year

27 Sep 2021

The European Commission reapproved the export of camel milk from the United Arab Emirates (UAE) to 27 member states of the economic block for 2021. As part of the agreement, the E.U. will require the UAE Ministry of Climate Change and Environment (MoCC...

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Mexico permits UK pork exports for the first time

Mexico permits UK pork exports for the first time

13 Sep 2021

British pork producers now have access to export to the Mexican market for the first time, following a new trade deal announced by the U.K. government on September 2. Over the course of five years, the Agriculture and Horticulture Development Board est...

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Kellogg looks to boost production with $45M investment

Kellogg looks to boost production with $45M investment

8 Sep 2021

Following a lackluster sales report in the compared to its peers last year, Kellogg is looking to readjust its long term strategy for its cereal business with a $45 million investment into its production over the next three years, according to a filing...

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Protecting public health: Europe sets new maximum levels of cadmium and lead in food

Protecting public health: Europe sets new maximum levels of cadmium and lead in food

26 Aug 2021

Despite already having a maximum threshold limiting the levels of both cadmium and lead in food products, the European Commission is further reducing that threshold. Beginning on August 31, stricter limits for cadmium will be enforced while those for l...

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Europe expands vitamin D fortification for Canadian company

Europe expands vitamin D fortification for Canadian company

20 Aug 2021

Canadian ingredients producer Lallemand received permission from the European Food Safety Authority to expand the number of compatible food products in which its Lalmin Vitamin D yeast is permitted for use.

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Chobani quietly files for IPO with expected $10B valuation

Chobani quietly files for IPO with expected $10B valuation

4 Aug 2021

In early July, Greek yogurt producer Chobani quietly and confidentially filed for an IPO with an anticipated valuation of more than $10 billion, Reuters reported. The company has not yet determined the number of shares it will sell nor the price range ...

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