Latest news in the food and nutraceutical industry
Innovation and R&D
Thanks to the pandemic, foodtech booms during Q2
28 Aug 2020
The foodtech ecosystem was already evolving rapidly, but when the pandemic shifted business across the globe, technology-driven growth became even more vital to the CPG ecosystem. Plant-based products, cellular agriculture, online grocery and VC invest...
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Australia is converting stale beer into electricity
21 Aug 2020
When lockdowns closed pubs, watering holes around Australia found themselves saddled with kegs of ales and lagers that were slowly passing their expiration date. However, instead of dumping them down the drain – which would require additional disposal ...
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Australia’s The Product Makers create gold chocolate using sugar cane extract
13 Aug 2020
Australian ingredients company The Product Makers (TPM) has gone for the gold and isolated a sugarcane extract called Saccharum officinarum to create a golden chocolate. The company says that the extract can be used as a natural colorant but also has p...
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KFC invests in the future of chicken with bioprinting
11 Aug 2020
Fast food chain KFC is working to produce the world’s first lab-produced, bioprinted chicken nuggets in partnership with Moscow-based 3D Bioprinting Solutions. The restaurant said that it is working toward creating a “restaurant of the future” where th...
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Two plant-based investment arms are created and invest in ice cream
28 Jul 2020
Two plant-based startups have migrated into the ranks of venture capitalists. Perfect Day recently created The Urgent Company in order to develop CPG products from its animal-free dairy proteins, and Jason Karp, the co-founder of Hu snacks started Huma...
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Anheuser-Busch releases Busch Light Apple beer
24 Jul 2020
It’s not yet fall, but Anheuser-Busch launched an apple-flavored lager under its Busch Light line. This is the first time in 65 years that the Busch Beer brand has released a flavored beer product, and it will be available for a limited time in select ...
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PepsiCo partners up to sequence the oat genome
20 Jul 2020
PepsiCo and its partners sequenced the complete oat genome for the first time, only taking four months to complete the process. The data was published on an open source platform for use by other companies looking to develop and improve new oat varietie...
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Kerry ingredients company will debut its Botanicals Collection Zero
16 Jul 2020
Kerry introduced its new Botanicals Collection Zero, a range of botanical extracts that are specifically designed for low- and no-alcohol beverages. The ingredient company will offer 15 new standard extracts with an additional 35 other options that the...
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Follow your Heart releases dairy-free feta
13 Jul 2020
This month, Follow Your Heart released its Dairy-Free Feta Crumbles Cheese Alternative, the first dairy-free feta cheese option to arrive on grocery store shelves in the United States.
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EU invests €20m into sugar beet biorefinery for carbon neutral organic acids
8 Jul 2020
To reduce its reliance on petroleum-based chemicals in the food and agricultural industries, the European Commission and the public-private Bio Based Industry Joint Undertaking (BBI JU) are investing €20 million in the construction of a sugar beet bior...
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Australian firm focuses on anti-counterfeit technology to combat fraud in the wine industry
7 Jul 2020
EBottli recently launched in Australia with the goal of protecting the country’s wine exports from counterfeits that are prevalent in Asia. In China alone, potential losses to counterfeit wine are anticipated to reach $3 trillion by 2022. Australian wi...
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Chilean biotech firm Protera moves to Paris, closes $5.6M in Series A funding
6 Jul 2020
The AI-driven bioscience startup Protera closed a $5.6 million round of funding on June 10, that was led by Sofinnova Partners, a European life sciences venture capital firm. There was also participation from an existing venture capital investor, SOSV.
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