Latest News in the food Industry
Market News
Report: U.S. alcohol sales pass $6B, growth on the horizon
3 Feb 2022
Online sales of alcohol reached $6.1 billion in 2021, and that growth is expected to continue to climb through 2022, according to a new report from the global food and agribusiness bank Rabobank.
Read more
Starfield lands largest plant-based funding round in China’s history
2 Feb 2022
Chinese alternative protein manufacturer Starfield Food Science & Technology closed a $100 million Series B funding round — the largest in China’s recorded history to date, according to a release from the company.
Read more
World’s largest indoor vertical farm planned for construction in US
1 Feb 2022
Indoor aquaponic farming company Upward Farms is aiming high with its new project to open the world’s largest indoor vertical farming plant in early 2023. The 250,000-square-foot (six-acre) facility will be two to four times the size of the next larges...
Read more
Plant-based, whole-cut salmon to arrive in 2024
31 Jan 2022
Plantish revealed its prototype for plant-based, whole-cut salmon earlier this month when it came out of stealth mode. The Israeli-based startup said while its prototype will be available at popups for attendees to taste beginning this year, its salmon...
Read more
The rise of baby food delivery
30 Jan 2022
Direct-to-consumer baby food companies promise to deliver nutritious, clean label food products that are tailored to babies’ developmental needs straight to busy mums’ doors, and investors are eyeing the category with interest.
Read more
Frozen food remains a hot category in the US
28 Jan 2022
Even as supply chain constraints cool off and shopper purchasing patterns shift from what they were at the height of the pandemic, frozen food remains a category that is still benefitting from the renaissance it underwent in the past two years.
Read more
Chewing gum launched to stop sweet cravings in their tracks
27 Jan 2022
Now, instead of reducing sugar intake by selecting food carefully, consumers can stop sugary treat cravings in their tracks with botanical-infused chewing gum from the Israeli start-up Sweet Victory. This new gum blocks sugar receptors on the tongue wi...
Read more
Mosa Meat announces how to cultivate protein without FBS
26 Jan 2022
Mosa Meat, one of the world’s leading cultivated meat producers, revealed how it creates animal protein without the use of the controversial ingredient FBS (fetal bovine serum) in a peer-reviewed article published in the journal Nature Food.
Read more
French alternative bacon company lands €25 million
25 Jan 2022
Three-year-old French startup La Vie, formerly known as 77 Foods, secured €25 million ($28.3M) in one of the largest funding rounds in French food tech history. With funding in hand, the company is looking to expand the reach of its plant-based bacon p...
Read more
Monster Energy acquires US brewery collective
24 Jan 2022
In order to expand into the alcohol space, Monster Energy acquired the craft beer and hard seltzer company Canarchy Craft Brewery Collective for $330 million in cash, according to a press release. The transaction brings the brands Cigar City, Oskar Blu...
Read more
Chobani debuts plant-based coffee creamer
21 Jan 2022
After two years of producing dairy- and oat-based coffee creamers, Chobani is branching into plant-based coffee pairing options with the debut of Chobani Plant-Based Coffee Creamers. These creamers come in four flavors: Caramel Macchiato, Chocolate Haz...
Read more
Codex approves global framework for stevia production
21 Jan 2022
Codex Alimentarius has adopted a Framework for Steviol Glycosides approving four different technologies for the production of the sweetener, a move that stakeholders say will ‘benefit the entire stevia industry’.
Read more