Latest News in the food Industry

Market News

Glass shortages poses problems for holiday beverages

Glass shortages poses problems for holiday beverages

9 Dec 2021

Continued delays in shipping, as well as labor shortages, have led to a shortfall in the glass bottles that winemakers and distillers use to bottle up cheer during the holiday season. Due to this scarcity in packaging, CNBC reported that consumers may ...

Read more 
Hazel Technologies to expand produce conservation technology

Hazel Technologies to expand produce conservation technology

8 Dec 2021

Food waste prevention startup Hazel Technologies announced its expansion beyond its Chicago headquarters to Fresno, California, where it is opening a research and development center as well as a West Coast customer support office.

Read more 
B.T. Sweets launches botanical sugar alternative

B.T. Sweets launches botanical sugar alternative

7 Dec 2021

The two-year-old startup B.T. Sweets is debuting Cambya, a plant-based, one-to-one sugar replacer made from soluble fibers, monk fruit, and select botanicals. Unlike other sugar substitutes, the company says that Cambya does not require any masking age...

Read more 
Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

6 Dec 2021

The Fi Europe Innovation Awards recognise ground-breaking work in food and beverage ingredients at the annual Fi Europe, co-located with Hi Europe, event. This year has featured some outstanding ingredients and concepts in the fields of health, sustain...

Read more 
Hooray! Plant-based bacon maker gets $2.7M

Hooray! Plant-based bacon maker gets $2.7M

6 Dec 2021

Plant-based bacon startup Hooray Foods closed a $2.7 million extension of its seed round that originally brought the company a $2 million influx of cash this summer. The company says it intends to use this infusion of capital to scale its production of...

Read more 
Monster and Corona explore potential partnership

Monster and Corona explore potential partnership

3 Dec 2021

Monster Beverage and Constellation Brands are in the preliminary stages of considering a deal between the two companies, Bloomberg reported. Although people familiar with the matter reported that the two companies were in talks, the news outlet said th...

Read more 
Fungi-based fat alternative unveiled by Swedish startup

Fungi-based fat alternative unveiled by Swedish startup

2 Dec 2021

Sweden’s Mycorena mycoprotein startup recently announced it has developed a fungi-based fat ingredient that recreates the mouthfeel and taste sensation of an animal-based steak. The company said its innovation will “take plant-based meat to a new level...

Read more 
Fi Europe opens its doors to in-person attendees today!

Fi Europe opens its doors to in-person attendees today!

30 Nov 2021

After a week-long online program Fi Europe opens for in-person attendees under 2G measures in Frankfurt today – if you’re not able to attend in-person, you can follow the program from the show floor live on the online platform.

Read more 
COP26: Agricultural food system emissions not adequately addressed

COP26: Agricultural food system emissions not adequately addressed

30 Nov 2021

The climate conversation this past November was dominated by Glasgow Climate Impact (COP26) conference where 54 nations signed a pledge to protect nature. However, while various causes of climate change were addressed, agriculture was largely left out ...

Read more 
Impossible Foods to reach $2B in funding

Impossible Foods to reach $2B in funding

29 Nov 2021

Plant-based protein company Impossible Foods announced it closed a $500 million funding round last week. The round was led by Mirae Asset Global Investments with participation from other existing Impossible Foods investors, the company said in a statem...

Read more 
Chobani Sales surge as it moves closer to IPO

Chobani Sales surge as it moves closer to IPO

26 Nov 2021

Greek yogurt company Chobani saw its sales hit $1.2 billion as of Sept. 25 this year. That is only $200 million short of what the company recorded for all of 2020, when its sales rose 5.2% to $1.4 billion last year, according to a filing with the Secur...

Read more 
Study: Buying less junk food can lower households' potential emissions by 29%

Study: Buying less junk food can lower households' potential emissions by 29%

25 Nov 2021

Reducing the consumption of animal-based products is not the only way to eat more sustainably, according to a new study from Purdue University and published by the American Chemical Society. Researchers found that eating fewer foods with high caloric c...

Read more