Latest News in the food Industry
Market News
Introducing Fi Europe CONNECT 2020
10 Sep 2020
Presenting Fi Europe CONNECT – a virtual event designed to give you the global access, tools and collaboration opportunities to meet your business objectives.
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Stericycle releases an analysis of food recalls in the U.S
10 Sep 2020
As a result of the limited regulatory oversight activities by the U.S. Food and Drug Administration and the U.S. Department of Agriculture during the pandemic, food recalls dropped 44% in the second quarter, according to a report from the Stericycle. A...
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PepsiCo’s Naked smoothies switch to 100% recycled plastic in the UK
9 Sep 2020
In the UK, Naked smoothies, including Naked Machines, Naked Lean and Naked Zing are now rolling out in bottles that are made from 100% recycled plastic. PepsiCo also updated the labels on these bottles to attract consumers attention to the use of the r...
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Hain Celestial considers further divestment of brands
8 Sep 2020
The natural and organic food company Hain Celestial is in the midst of paring down its offerings to become a smaller and more profitable company. In its most recent earnings call, the company hinted that it may consider “exploring optionality” for its ...
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Nestlé launches plant-based tuna alternative, Vuna
7 Sep 2020
Nestlé is taking a dive into the plant-based seafood market with its new faux tuna brand Vuna. The plant-based tuna debuted in Switzerland in August under the company’s Garden Gourmet line where it is available for retail as well as sold in pre-made sa...
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Finding opportunities in Vietnam’s changing retail landscape
7 Sep 2020
Minimarkets, specialist stores and e-commerce platforms are leading retail growth in Vietnam, providing new opportunities for brands to boost sales, according to Kantar Worldpanel.
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European wine industry suffers another blow in beleaguered year
4 Sep 2020
Despite demand for alcohol, including wine, surging during the pandemic, the global wine industry has been suffering as a result of trade restrictions, labor shortages, and now, weather woes. In Italy’s northern Veneto region, a violent storm at the en...
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Israeli biotech startup prints carpaccio
3 Sep 2020
Israeli startup MeaTech 3D has just produced the first building block to create the holy grail of alternative proteins: steak. The biotech startup successfully printed a layer of muscle tissues that resembled carpaccio and proved that sorting muscle an...
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New alternative protein fund raises $23 million in capital
2 Sep 2020
New alternative protein venture capital fund, Lever VC, announced that it has $23 million in commitments. The fund will focus on investing in early stage plant-based and cell-cultivated meat and dairy companies. The company said that it remains open to...
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Drizly raises $50m to expand booze delivery
1 Sep 2020
E-commerce alcohol delivery service Drizly announced it closed a $50 million funding round led by the investment firm Avenir with participation from Tiger Global and other existing investors. This additional funding brings the company’s total fundraisi...
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Beware of ‘woke washing’: Ethical branding must reflect an ethical business
31 Aug 2020
Spanish chocolate manufacturer Lacasa is under pressure to change the name and logo of its Conguitos brand with a consumer-led petition - but experts warn against empty ‘cause marketing’.
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Coca-Cola introduces recyclable paperboard rings on its multi-packs
31 Aug 2020
As a result of its effort to remove all unnecessary hard to recycle plastic from its portfolio in Western Europe, Coca-Cola is introducing a paperboard packaging alternative called CanCollar in Spain.
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