Latest News in the food Industry
Functional Food & Drink
Euromonitor’s top consumer trends in 2022 – and what they mean for the food industry
7 Feb 2022
From direct-to-consumer e-commerce to upcycled food or functional ingredients for holistic wellbeing, we look at how food and drink manufacturers can leverage some of 2022’s top consumer trends into their portfolios.
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The rise of baby food delivery
30 Jan 2022
Direct-to-consumer baby food companies promise to deliver nutritious, clean label food products that are tailored to babies’ developmental needs straight to busy mums’ doors, and investors are eyeing the category with interest.
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Bonumose to manufacture tagatose sugar in North America
11 Jan 2022
Following regulatory approval in both the U.S. and Canada, ingredient company Bonumose is on schedule to open its first commercial production facility to produce tagatose, a low-glycemic, rare sugar, in the spring of 2022.
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Cell-based sushi get commercial contracts in U.S. grocery stores
8 Jan 2022
Wildtype, a California startup making cultivated sushi-grade salmon, has secured distribution agreements with Snowfox and Pokéworks in the U.S. Snowfox operates 1,230 grocery store sushi bars while Pokéworks is a chain with 65 fast-casual restaurants, ...
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Future Meat Technologies raises $347M, looks toward global expansion
5 Jan 2022
Future Meat Technologies has been one of the leading companies in the effort to commercialize cultivated meat outside of Singapore, and the company has just closed a $347 million Series B funding round in order to do just that.
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Grupo Bimbo invests in Ecuador-based LiveKuna
17 Dec 2021
Grupo Bimbo, the world’s largest baking company that owns over 100 brands including Sara Lee and Thomas' English Muffins, took the lead on a Series A funding round for the Latin American superfood startup LiveKuna. Other investors in the round include ...
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North Carolina company uses CRISPR tech to create seedless berries
13 Dec 2021
After three years of working with CRISPR technology to edit the genes of various fruits and vegetables, Pairwise said it expects its first products to hit shelves next year, Food Dive reported.
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Nestlé backs vegan chicken brand Sundial Foods
1 Dec 2021
The world’s largest food conglomerate Nestlé is backing a California-based startup that makes plant-based chicken wings with meat, skin and bone. The Swiss food giant participated in a $4 million funding round for Sundial Foods that included other inve...
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India’s Avid Nutrilabs prepares to export functional coffee products
24 Nov 2021
Functional instant coffee brand Jomo is forecasting demand for its product to grow by 10 times. In anticipation of that growth, the Avid Nutrilabs-owned company said it is preparing to distribute its product internationally. Next year, the company hope...
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Snacking brand Brave launches cookies and cream chickpea bites
23 Nov 2021
Chickpea snack brand Brave announced it is launching three new flavors to its lineup: Cookies & Cream, BBQ and Salt & Vinegar. The cookies and cream flavor is an indulgent snack which the company says is a world-first and is also compliant with the new...
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Applegate introduces a hot dog with regeneratively grown beef
9 Nov 2021
Hormel-owned Applegate Farms, which is known for its natural and organic meat offerings, released The Do Good Dog, a hot dog made from beef raised in a verified regenerative U.S. grasslands system.
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Leonardo DiCaprio invests in two cultivated meat startups
29 Sep 2021
International star and climate activist Leonardo DiCaprio invested in both Mosa Meat and Aleph Farms, two startups focused on creating lab-grown meat alternatives. The investment amount made by the Hollywood actor was not disclosed, but he will sit on ...
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