Latest News in the food Industry

Market News

Future Meat Technologies raises $347M, looks toward global expansion

Future Meat Technologies raises $347M, looks toward global expansion

5 Jan 2022

Future Meat Technologies has been one of the leading companies in the effort to commercialize cultivated meat outside of Singapore, and the company has just closed a $347 million Series B funding round in order to do just that.

Read more 
Eat Just rolls out new cultivated products in Singapore

Eat Just rolls out new cultivated products in Singapore

4 Jan 2022

Once again, the Singapore Food Agency (SFA) has made history by approving multiple new products for sale from Eat Just’s Good Meat division. While there will be several products available, the only confirmed product is a whole chicken breast, which app...

Read more 
Anheuser-Busch adds hard soda to its portfolio

Anheuser-Busch adds hard soda to its portfolio

3 Jan 2022

Bud Light’s parent company Anheuser-Busch is launching four flavors of hard soda into its permanent portfolio: Classic Cola, Cherry Cola, Orange Soda and Citrus Soda. These four flavors will be available in 12-ounce cans beginning on January 3, and wil...

Read more 
Grupo Bimbo invests in Ecuador-based LiveKuna

Grupo Bimbo invests in Ecuador-based LiveKuna

17 Dec 2021

Grupo Bimbo, the world’s largest baking company that owns over 100 brands including Sara Lee and Thomas' English Muffins, took the lead on a Series A funding round for the Latin American superfood startup LiveKuna. Other investors in the round include ...

Read more 
Starbucks to trial animal-free milk in Seattle

Starbucks to trial animal-free milk in Seattle

15 Dec 2021

Coffee chain giant Starbucks is trialing animal-free milk from the startup Perfect Day at two locations in the Seattle area for a limited time, Bloomberg reported. This alternative milk option is available to customers at no additional charge.

Read more 
American fast food looks to the UK for growth

American fast food looks to the UK for growth

14 Dec 2021

Popeyes, Wendy’s, McDonald’s, Wingstop and Taco Bell are all expanding in the United Kingdom in a bid to expand their market share, Forbes reported. These fast-food chains are all moving into a country where the beleaguered restaurant industry continue...

Read more 
Glass shortages poses problems for holiday beverages

Glass shortages poses problems for holiday beverages

9 Dec 2021

Continued delays in shipping, as well as labor shortages, have led to a shortfall in the glass bottles that winemakers and distillers use to bottle up cheer during the holiday season. Due to this scarcity in packaging, CNBC reported that consumers may ...

Read more 
Hazel Technologies to expand produce conservation technology

Hazel Technologies to expand produce conservation technology

8 Dec 2021

Food waste prevention startup Hazel Technologies announced its expansion beyond its Chicago headquarters to Fresno, California, where it is opening a research and development center as well as a West Coast customer support office.

Read more 
B.T. Sweets launches botanical sugar alternative

B.T. Sweets launches botanical sugar alternative

7 Dec 2021

The two-year-old startup B.T. Sweets is debuting Cambya, a plant-based, one-to-one sugar replacer made from soluble fibers, monk fruit, and select botanicals. Unlike other sugar substitutes, the company says that Cambya does not require any masking age...

Read more 
Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

Fi Europe Innovation Awards: Recognising innovative ingredient solutions at Fi Europe 2021

6 Dec 2021

The Fi Europe Innovation Awards recognise ground-breaking work in food and beverage ingredients at the annual Fi Europe, co-located with Hi Europe, event. This year has featured some outstanding ingredients and concepts in the fields of health, sustain...

Read more 
Hooray! Plant-based bacon maker gets $2.7M

Hooray! Plant-based bacon maker gets $2.7M

6 Dec 2021

Plant-based bacon startup Hooray Foods closed a $2.7 million extension of its seed round that originally brought the company a $2 million influx of cash this summer. The company says it intends to use this infusion of capital to scale its production of...

Read more 
Monster and Corona explore potential partnership

Monster and Corona explore potential partnership

3 Dec 2021

Monster Beverage and Constellation Brands are in the preliminary stages of considering a deal between the two companies, Bloomberg reported. Although people familiar with the matter reported that the two companies were in talks, the news outlet said th...

Read more