Latest News in the food Industry

Innovation

Malaysian firm develops package-less packaging

Malaysian firm develops package-less packaging

26 May 2020

A group of Malaysian Ph.D. students won the Institution of Engineering and Technology (IET) Save our Seas global engineering challenge with their new bagless approach to food packaging called the PICAS block. The competition is hosted in partnership wi...

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U.S. online grocery sales surge 37% in April

U.S. online grocery sales surge 37% in April

21 May 2020

April was another record-breaking month for online grocery sales with shoppers surpassing March’s record-breaking $4 billion in sales to spend $5.3 billion for grocery delivery and pickup. This is a 37% increase over March, according to data from Brick...

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Hong Kong compostable food packaging startup lands $6 million funding round

Hong Kong compostable food packaging startup lands $6 million funding round

18 May 2020

Hong Kong startup Ecoinno received US$6 million in Series A funding from the Alibaba Entrepreneurs Fund to help stand up its manufacturing facilities as well as increase its overall production of its biodegradable packaging. This is the startup’s secon...

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Female scholarships make a splash this spring

Female scholarships make a splash this spring

15 May 2020

Historically, females are underrepresented in the Consumer Packaged Goods and aquaculture industries - two areas where investment and growth is gaining steady momentum. To remedy that gap in representation, several companies are working to provide fema...

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Perfect Day’s animal-free dairy protein earns Generally Recognized as Safe (GRAS) status

Perfect Day’s animal-free dairy protein earns Generally Recognized as Safe (GRAS) status

13 May 2020

The U.S. Food and Drug Administration (FDA) issued a “no objections” letter for the animal-free dairy company Perfect Day’s β-lactoglobulin protein. The letter certifies that the protein has attained Generally Recognized as Safe (GRAS) status.

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Chicken protein now comes bottled for convenience

Chicken protein now comes bottled for convenience

5 May 2020

Singaporean workout enthusiast, Brian Chia, brought BE ALPHA meat-based protein smoothies to Singapore where he has found commercial success. He is now looking to expand his meal replacement beverage to the U.S. and other countries.

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Plastics manufacturers transforms muffin containers into PPE

Plastics manufacturers transforms muffin containers into PPE

30 Apr 2020

In response to the ongoing shortage of personal protective equipment (PPE) in the United States, FMCG plastic packaging manufacturer Novolex has retrofitted its production lines at four North American facilities to produce isolation gowns and face shie...

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Scientists discover enzyme, breaks down 90% of PET polymers in hours

Scientists discover enzyme, breaks down 90% of PET polymers in hours

21 Apr 2020

PET plastic can now be broken down into food-grade materials within 10 hours due to a discovery by scientists at industrial chemical firm Carbios. This discovery will transition into industrial-scale trials in 2021 with the help of Carbios’ partnership...

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Swedish Algae Factory sparks interest from investors and judges

Swedish Algae Factory sparks interest from investors and judges

20 Apr 2020

Swedish Algae Factory received an investment from the Dutch sustainable aquaculture investment fund Aqua-Spark. The funding amount of the investment was undisclosed. This investment follows on the heels of the algae startup’s recent €500,000 award from...

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Barclays predicts vertical farming will disrupt food production

Barclays predicts vertical farming will disrupt food production

15 Apr 2020

Vertical farming has a $50 billion market opportunity and a chance to mitigate sustainability issues within traditional fresh fruit and vegetable agriculture, according to new research by Barclays Capital.

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Cycloponics to expand organic farming facilities in French car parks

Cycloponics to expand organic farming facilities in French car parks

9 Apr 2020

A French subterranean agriculture startup launched its first funding round last November and raised almost double the investment that was requested. When Cycloponics launched on Lita.co, a platform for investment in sustainable companies, the company h...

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Applegate introduces blended burgers

Applegate introduces blended burgers

7 Apr 2020

Applegate will introduce Well Carved, its new hybrid meat and veggie line, to grocery stores in April 2020. The new product portfolio will feature beef and turkey burgers as well as Asian style pork meatballs and Mediterranean style turkey meatballs.

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