Latest News in the food Industry

Ingredient Substitutes

Swedish brand Oatly files for U.S. IPO

2 Mar 2021

Swedish oat milk brand Oatly submitted its filing to the U.S. Securities and Exchange Commission for an initial public offering on the U.S. stock exchange. This late February filing did not detail the number of shares Oatly proposes to release nor thei...

The fish and seafood alternative boom in Asia

1 Mar 2021

The popularity of fish and seafood in Asia has fuelled a rise in recent plant-based and cell-cultured product development and strategic investment. Products that cater to local palates are crucial to ensuring consumer engagement, say industry insiders.

Nestlé plans to launch a vegan KitKat bar

19 Feb 2021

For those looking for plant-based treats, KitKat bars will soon offer a vegan alternative, announced Swiss CPG giant Nestlé. The newest KitKat formulation will be called KitKat V, and it will be certified vegan as well as use 100% sustainable cocoa.

Global interest in no- and low-alcohol bubbles over

17 Feb 2021

In stark contrast to the struggles faced by alcohol brands worldwide, global sales of no- and low-alcohol beverages are steaming ahead, with London-based market research firm IWSR predicting that sales in this category will surge 31% by 2024.

Peatos gets an investment from Post Cereals

16 Feb 2021

Post Holdings Inc. led a $12.5 million Series B funding round for better-for-you snacking brand Peatos. The growing snack band says it will use the funds to continue its mission to give Americans better-for-you “junk food” options by adding nutrient-de...

Aleph Farms cultivates ribeye steak with 3D-Bioprinter

12 Feb 2021

Aleph Farms, the Israeli cultivated meat company, announced that it printed a ribeye steak using three-dimensional bioprinting technology. The slaughter-free steak is a follow-up to Aleph’s first attempt to print meat in 2018, when it revealed that it ...

Plant-based sales in Gulf countries are small but promising

5 Feb 2021

Several new product launches and a high-profile vegan prince are creating a buzz around plant-based eating in the Gulf region.

Kind Snacks founder invests in egg white chips brand Quevos

3 Feb 2021

Kind Snacks founder Daniel Lubetzky announced via the popular show Shark Tank that he is making an investment through his family office Equilibra in the egg white-based chips company Quevos. The deal is reportedly for a $200,000 investment as well as a...

GEA join Better Juice to disrupt the global juice industry

2 Feb 2021

Better Juice, Ltd., the sugar-reduction FoodTech start-up, has signed a joint venture with GEA Group AG, a world leader in process engineering for the food and beverage sectors, in a push to expand its global footprint. This move comes as part of Bette...

Pandemic drives an increase in meat consumption across UK

2 Feb 2021

After years of growth, the movement of consumers away from meat has slowed in the UK, according to new data from Mintel. Over the course of 2020, the percentage of Brits reducing their meat consumption dropped from 51% in 2019 to only 41% in 2020.

SweeGen expands its stevia portfolio with new Reb N

28 Jan 2021

Stevia manufacturer SweeGen commercialized its newest steviol glycoside Bestevia Reb N. The company says the zero-calorie sweetener has a “unique sensory profile” that makes it especially attractive for beverage applications, which is an application sp...

Cultivated fat is a potential popular addition to plant-based products

21 Jan 2021

Cultivated fat might be the next ingredient to melt the hearts of fans of plant-based products, with two-thirds of plant-based meat companies interested in incorporating the ingredient into their recipes, according to a survey Peace of Meat.