Latest News in the food Industry

Market News

Belgium is officially declared free from African Swine Fever

Belgium is officially declared free from African Swine Fever

14 Jan 2021

Belgium officially earned a new status from the World Organization of Animal Health confirming the country is free from African Swine Fever (ASF). This updated status is the first time since September 2018 that the country has officially been declared ...

Read more 
Pepsi debuts its own “Cocoa” Cola flavor

Pepsi debuts its own “Cocoa” Cola flavor

13 Jan 2021

PepsiCo is fanning the fires of the cola wars with the release of its new Pepsi “Cocoa” Cola flavor. The new soda reportedly has a taste that blends the classic Pepsi soft drink with flavors of hot cocoa and marshmallow.

Read more 
DuPont says plant-based demand to surge 200% in Asia

DuPont says plant-based demand to surge 200% in Asia

12 Jan 2021

A new study from DuPont and IPSOS revealed that the consumption of plant-based meat substitutes in key Asia Pacific markets is poised to soar 200% over the next five years as consumer choice continues to be driven by health, taste and sustainability.

Read more 
Chickpeas poised to be top ingredient for 2021

Chickpeas poised to be top ingredient for 2021

11 Jan 2021

Plant-based foods are continuing to top the list of trends in the food and beverage space with chickpeas, global flavors, meat alternatives, non-allergen foods and organic products set to be top priorities for consumers in 2021, according to EHL Ingred...

Read more 
UK to continue exporting agricultural products to EU

UK to continue exporting agricultural products to EU

8 Jan 2021

Despite the UK officially leaving the European Union, the island nation will still be able to continue exporting meat fish and dairy to the continent. Late last month, the Department for Environment, Food and Rural Affairs (Defra) granted the UK Third ...

Read more 
Gotham Greens expands its local greenhouses with $87M in funding

Gotham Greens expands its local greenhouses with $87M in funding

7 Jan 2021

Indoor greenhouse company Gotham Greens raised $87 million in a Series D round led by Manna Tree, bringing its total funding to $130 million while also doubling its revenue in the past year. Retail volume growth has jumped 80% year over year for the co...

Read more 
Frozen food remains a hot commodity as pandemic endures

Frozen food remains a hot commodity as pandemic endures

6 Jan 2021

Frozen food sales continue to outpace the growth of all food items in the grocery store, according to data from IRI and the International Dairy Deli Bakery Association (IDDBA). Total sales of frozen products rose 17.4% from November 2019 to November 20...

Read more 
Coca-Cola cuts 2,200 jobs and restructures

Coca-Cola cuts 2,200 jobs and restructures

5 Jan 2021

The saying, new year, new you has a whole new meaning for the soda corporation Coca-Cola that is reducing its workforce by 2,200 people in an effort to restructure and respond to ripple effects from the pandemic. Layoffs and buyouts in the U.S. will co...

Read more 
Singapore becomes first country to approve lab-grown meat

Singapore becomes first country to approve lab-grown meat

4 Jan 2021

The Singapore Food Agency, the city state’s regulatory body for food, approved San Francisco startup Eat Just’s cell-based meat chicken product, paving the way for its sale in the country.

Read more 
Plant-based Cure Hydration raises $2.6 million, plans expansion

Plant-based Cure Hydration raises $2.6 million, plans expansion

18 Dec 2020

Functional hydration brand Cure Hydration announced it closed a $2.6 million seed funding round led by led by Lerer Hippeau with additional participation from M3 Ventures, Litani Ventures, Andy Roddick, Nas, Matthew Dellavedova, Philip Krim, co-founder...

Read more 
The Cocoa Barometer report shows few improvements in cocoa industry

The Cocoa Barometer report shows few improvements in cocoa industry

17 Dec 2020

Despite 20 years of rhetoric from companies promising to undertake initiatives that will increase the standard of living for farmers in cocoa-producing countries as well as mitigate the environmental impacts associated with cocoa production in regions ...

Read more 
Chobani coconut yogurt is now Fair Trade certified

Chobani coconut yogurt is now Fair Trade certified

16 Dec 2020

Greek yogurt maker Chobani announced that its coconut yogurt blends are now made with Fair Trade Certified coconuts, saying that it is the first national brand to earn this certification for a coconut blend in the yogurt aisle. The Fair Trade Certified...

Read more