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Pandemic leads Heineken to cut 8,000 jobs

Pandemic leads Heineken to cut 8,000 jobs

22 Feb 2021

Dutch brewing giant Heineken announced it will cut 8,000 jobs as part of a new restructuring effort. The timeline for these job reductions will vary across locations, but the company did say that its head-office will see a 20% reduction in positions at...

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Mars abandons US pledge to remove artificial colours

Mars abandons US pledge to remove artificial colours

20 Feb 2021

Mars has abandoned its 2016 pledge to remove artificial colours, associated with behavioural problems in children, from its US portfolio.

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Infant probiotic brand nurtured a $55M funding round

Infant probiotic brand nurtured a $55M funding round

18 Feb 2021

Evolve, a biotech company specializing in probiotics aimed at addressing infant gut microbiome deficiencies, closed a $55 million Series D funding round led by Cargill and Manna Tree. As part of the investment, Cargill and Manna Tree will join the comp...

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Peatos gets an investment from Post Cereals

Peatos gets an investment from Post Cereals

16 Feb 2021

Post Holdings Inc. led a $12.5 million Series B funding round for better-for-you snacking brand Peatos. The growing snack band says it will use the funds to continue its mission to give Americans better-for-you “junk food” options by adding nutrient-de...

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Aleph Farms cultivates ribeye steak with 3D-Bioprinter

Aleph Farms cultivates ribeye steak with 3D-Bioprinter

12 Feb 2021

Aleph Farms, the Israeli cultivated meat company, announced that it printed a ribeye steak using three-dimensional bioprinting technology. The slaughter-free steak is a follow-up to Aleph’s first attempt to print meat in 2018, when it revealed that it ...

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Lawsuits launched over heavy metals found in baby food

Lawsuits launched over heavy metals found in baby food

12 Feb 2021

Major US baby food manufacturers are facing class action lawsuits in the wake of a government report that alleged “dangerously high levels” levels of heavy metals, such as lead, arsenic and cadmium in their products.

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Food and beverage e-commerce could hit $109B in 2021

Food and beverage e-commerce could hit $109B in 2021

11 Feb 2021

This year, U.S. online sales of packaged food and beverages are forecast to reach between $90 billion and $109 billion, according to recent research from the Food Industry Association (FMI) and NielsenIQ. The final dollar figure will be contingent on t...

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India facing fears of too much sugar, prices suffering

India facing fears of too much sugar, prices suffering

10 Feb 2021

Worldwide sugar futures climbed 1.5% to $434.90 per ton the first week of February – the highest prices in over three years, according to the Economic Times. However, Indian sugar mills are struggling to take advantage of this attractive price tag due ...

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Plant-based sales in Gulf countries are small but promising

Plant-based sales in Gulf countries are small but promising

5 Feb 2021

Several new product launches and a high-profile vegan prince are creating a buzz around plant-based eating in the Gulf region.

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Cooking at home to remain popular in 2021

Cooking at home to remain popular in 2021

4 Feb 2021

Nine months after the world found itself contending with the coronavirus, consumers have adapted to many of the restrictions and demands necessitated for safety. However, as vaccine rollouts slowly inch forward, manufacturers have begun to wonder which...

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Kind Snacks founder invests in egg white chips brand Quevos

Kind Snacks founder invests in egg white chips brand Quevos

3 Feb 2021

Kind Snacks founder Daniel Lubetzky announced via the popular show Shark Tank that he is making an investment through his family office Equilibra in the egg white-based chips company Quevos. The deal is reportedly for a $200,000 investment as well as a...

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Unilever promises living wages to suppliers' employees

Unilever promises living wages to suppliers' employees

1 Feb 2021

In its effort to create a “more equitable and inclusive society” Unilever is committing to a new set of corporate goals, including ensuring that by 2030, all employees of suppliers that directly provide goods and services to earn a living wage or incom...

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