Latest News in the food Industry
Market News
World’s first waxed vegan cheese wheels launch in Netherlands
28 Jul 2021
A Netherlands-based cheesemaker called Max&Bien debuted the world’s first vegan cheese wheel coated in paraffin wax to emulate traditional-style Dutch cheeses. This vegan cheese comes in 1.2-kilogram wheels for cheese and delicatessen stores as well as...
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Clif Bar & Co expands further into the cereal aisle
27 Jul 2021
Clif Bar & Co, which is primarily known for its protein bars, launched its first clean label cereal called Clif Cereal. Its four flavors: Blueberry & Almond Butter, Apple Cinnamon & Almond Butter, Honey & Peanut Butter and Chocolate & Peanut Butter off...
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Israel's Better Juice closes $8M funding round, plans for US debut
26 Jul 2021
Better Juice, which produces a sugar-reduction technology for juice, closed an $8 million in seed funding in a round led by iAngels Israel. The Israeli startup said it will use the funding to scale its production of sugar-reduction technology while als...
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Saudi start-up Red Sea Farms raises $10m to grow food in saltwater
26 Jul 2021
Red Sea Farms, which grows organic, pesticide-free tomatoes using saltwater in Saudi Arabia, has received a $10 million venture capital investment.
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Eat Just looks to crack into the market with a $3B IPO
23 Jul 2021
Cultured protein maker Eat Just is targeting a $3 billion initial public offering in Q4 2021 or early in 2022, Forbes reported after receiving information from a leading investor in the plant-based egg producing company.
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General Mills launches snack limiting blood sugar spikes
21 Jul 2021
Coming out of General Mills’ Innovation Lab is a new snack brand called Good Measure that is designed specifically to not spike the blood sugar of the person snacking. While this product can serve a wide variety of consumers, including those following ...
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Kerry to purchase preservative company Niacet for $1B
16 Jul 2021
Irish ingredients giant Kerry Group has entered into an agreement to buy the clean-label preservatives manufacturer Niacet from the private equity group SK Capital for $1 billion. The transaction is expected to close in the third quarter of this year.
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C3 on its recent MENA expansion: ‘The region is a hub of tech and culinary innovation’
16 Jul 2021
Omnichannel food tech platform Creating Culinary Communities (C3) is bringing its cloud kitchen and food delivery tech to the Middle East North Africa (MENA) region, announcing a $100 million joint venture in Saudi Arabia just months after expanding to...
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Future of Nutrition Award debuts at the Fi Europe Innovation Awards
16 Jul 2021
The Fi Europe Innovation Awards, held at Fi Europe 2021 co-located with Hi Europe, celebrate people, companies and organisations breaking new ground in the Food & Beverage industry.
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Halo Top co-founder launches low-calorie, low-sugar chocolate bar
15 Jul 2021
Gatsby Chocolate is one of the newest entrants into the better-for-you indulgence space as of this summer. From the founder of Halo Top ice cream, Doug Bouton, this new chocolate bar uses Epogee's EPG fat alternative ingredient, which is a formulation ...
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Livekindly creates New Vegan Food Brands for Chinese market
14 Jul 2021
Plant-based company collective Livekindly launched its first brands created in-house. Sold under the names Giggling Pig 咯咭藸 [Ge Ji Zhu] and Happy Chicken 哈皮鸡 [Ha Pi Ji], these brands sell products aimed at Gen Z Chinese customers that are interested in...
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Aleph Farms raises $105M, plans for cell-based meat launch in 2022
13 Jul 2021
Cultured meat manufacturer Aleph Farms is steaming ahead toward its goal of commercialization. The Israeli startup announced it received $105 million in funding from a Series B investment round led by L Catterton's Growth Fund and DisruptAD, which is o...
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