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Beyond Meat signs deal with McDonald’s and Yum! Brands

Beyond Meat signs deal with McDonald’s and Yum! Brands

9 Mar 2021

Plant-based burger maker Beyond Meat announced that it struck a three-year partnership with McDonald’s to be the fast food chain’s preferred supplier for the McPlant patty. Additionally, Beyond Meat will partner with Yum! Brands, which owns KFC, Pizza ...

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Asahi Breweries launches low-alcohol alternative Beery

Asahi Breweries launches low-alcohol alternative Beery

8 Mar 2021

Asahi Breweries launched a carbonated, low-alcohol drink as part of its endeavor to increase the sales of beverages with ABV volumes under 3.5%. The Japanese brewery is working to expand low-alcohol sales from 6% to 20% by 2025. The 0.5% ABV Beery beve...

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‘Impressive growth’: Spain’s entrepreneurs show growing appetite for food tech

‘Impressive growth’: Spain’s entrepreneurs show growing appetite for food tech

8 Mar 2021

In recent years, some places, such as Silicon Valley or Tel Aviv, have become synonymous with food tech and innovation. Spain does not tend to spring to mind.

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Europe aims to make beverage packaging fully circular by 2030

Europe aims to make beverage packaging fully circular by 2030

5 Mar 2021

UNESDA Soft Drinks Europe, the trade association representing the European non-alcoholic beverage sector has pledged to make beverage packaging fully-circular in Europe by 2030. The association plans to accomplish this by incentivizing the use of rPET,...

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Danone acquires the LA-based vegan dairy maker Follow Your Heart

Danone acquires the LA-based vegan dairy maker Follow Your Heart

4 Mar 2021

French dairy conglomerate Danone acquired the Los Angeles-based vegan dairy maker, Follow Your Heart. The acquisition was done with a 100% purchase of Earth Island shares, the brand’s parent company. However, financial details were not disclosed.

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Mosa Meat finishes its funding round with $96M

Mosa Meat finishes its funding round with $96M

3 Mar 2021

Dutch foodtech company Mosa Meat raised $10 million in its final Series B funding round, bringing the company’s total funding to $96 million. The company, which produces slaughter-free meat, said it would use this latest cash infusion to increase its p...

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Swedish brand Oatly files for U.S. IPO

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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Euromonitor outlines top food trends for 2021

Euromonitor outlines top food trends for 2021

1 Mar 2021

The pandemic unquestionably altered consumer behavior, and going into 2021, Euromonitor International released a report detailing just how different those behaviors will be in a world that is acclimatizing to the realities of a COVID-present world and ...

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The fish and seafood alternative boom in Asia

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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Givaudan invests in AI for future flavor development

Givaudan invests in AI for future flavor development

26 Feb 2021

Swiss flavor and fragrance company Givaudan revealed its newest artificial intelligence-driven tool that it has integrated into its flavors division, Givaudan Taste & Wellness. In a release, the company called the technology “game-changing,” saying tha...

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Activist investor takes stake in International Flavors & Fragrances

Activist investor takes stake in International Flavors & Fragrances

25 Feb 2021

Earlier this month, the activist investor Sachem Head Capital Management took a $1 billion stake in the ingredients and chemical company International Flavors & Fragrances (IFF), Reuters reported.

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Seven European countries advocate for Nutri-Score on packaging

Seven European countries advocate for Nutri-Score on packaging

23 Feb 2021

Out of the 40 countries that comprise Europe, seven have now joined forces to promote the use of the Nutri-Score system as the standard front-of-pack (FOP) labeling for products sold across the EU. Supporting countries include France, Belgium, Germany,...

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