Latest News in the food Industry
Ingredient Substitutes
The healthier comfort food alternative
4 Mar 2021
The new product reducing sodium while enhancing umami flavour in popular comfort foods.
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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...
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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.
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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.
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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.
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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...
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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 ...
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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.
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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...
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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...
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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.
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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...
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