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Cocoa-free chocolate company raises $6M for expansion

Cocoa-free chocolate company raises $6M for expansion

4 Nov 2021

Germany’s QOA, a startup striving to create chocolate without the cocoa, closed a $6 million funding round led by Cherry Ventures with participation from 50years, World Fund, Nucleus Capital, Trellis Road, Pioneer Fund, and Tet Ventures.

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British meal kit company trials edible packaging made from pea protein

British meal kit company trials edible packaging made from pea protein

3 Nov 2021

Meal kit company Gousto is trialing the world’s first pea protein packaging as a vegetable stock cube wrapper this November. Made from engineered pea protein that has been dried into sheets in order to preserve food flavor and shelf life, the vegan, gl...

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Coca-Cola acquires remaining stake in BodyArmor sports drinks

Coca-Cola acquires remaining stake in BodyArmor sports drinks

2 Nov 2021

Coca-Cola announced it is spending $5.6 billion to acquire the remaining 85% of the sports drink brand BodyArmor that it did not previously own. The Atlanta-based company initially took a 15% stake in BodyArmor in 2018.

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Nestlé debuts refrigerated afternoon pick-me-ups

Nestlé debuts refrigerated afternoon pick-me-ups

1 Nov 2021

The world’s largest food manufacturing company is launching a new chilled snack called Nestlé Rallies Nut Butter Bombs. These refrigerated bars are filled with nut butter, coated in a chocolate shell, and come in three flavors: Brownie Almond Butter an...

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Kind’s new CEO comes from Mars Wrigley candy business

Kind’s new CEO comes from Mars Wrigley candy business

29 Oct 2021

Kind Healthy Snacks is shaking up its leadership team and has appointed Russell Stokes as the new Chief Executive Officer of Kind North America. This change took effect immediately on Oct. 20.

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Germany’s Veganz supermarket chain prepares for IPO

Germany’s Veganz supermarket chain prepares for IPO

28 Oct 2021

Germany's pioneering vegan company Veganz went public on Oct. 27 on the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), according to a release published on the company’s website. The initial offe...

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Impossible Foods eyes UK as its next market

Impossible Foods eyes UK as its next market

27 Oct 2021

Plant-based meat company Impossible Foods is continuing to expand its empire, and its next target is the U.K. The California company submitted an application for approval with the U.K. Food Standards Agency in early 2021, and Food Navigator reported th...

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RTD alcohol market share to double by 2025

RTD alcohol market share to double by 2025

26 Oct 2021

Since 2018, volume sales of alcoholic ready-to-drink options have been growing more quickly than other major drink categories, according to new data from IWSR, a drinks market analyst firm.

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EU approves protein ingredient from Eat Just

EU approves protein ingredient from Eat Just

25 Oct 2021

Eat Just, the company behind the mung bean-based Just Egg, received approval from the European Food Safety Authority (EFSA) stating that its novel mung bean protein used in its egg substitute is safe for consumption. It is the first novel legume protei...

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Hormel Partners With Better Meat Co. to develop animal-free products

Hormel Partners With Better Meat Co. to develop animal-free products

22 Oct 2021

The venture arm of Hormel Foods Corporation, which is best known for its SPAM canned meat product, has entered into an exclusive partnership with The Better Meat Co. with the aim of launching mycoprotein-based products to the marketplace. Financial det...

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Nestlé continues to remove sugar, salt in a “health by stealth” campaign

Nestlé continues to remove sugar, salt in a “health by stealth” campaign

21 Oct 2021

Nestlé’s U.K. breakfast cereal maker Cereal Partners U.K. (CPUK) said there will be 16% less sugar and 50% less salt in six of its products, Food Navigator reported. Coco Shreddies, Frosted Shreddies, Honey Cheerios, Nesquick, Cookie Crisp and Golden N...

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Mondelez introduces a vegan version of its Cadbury bar

Mondelez introduces a vegan version of its Cadbury bar

18 Oct 2021

Cadbury will soon have a new vegan chocolate bar in the U.K., called the Cadbury Plant Bar, Mondelez International announced. The new plant-based offering is inspired by Cadbury’s Dairy Milk, one of the most well-known chocolate bar options in the regi...

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