Latest News in the food Industry

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Hormel Partners With Better Meat Co. to develop animal-free products

22 Oct 2021

The venture arm of Hormel Foods Corporation, which is best known for its SPAM canned meat product, has entered into an exclusive partnership with The Better Meat Co. with the aim of launching mycoprotein-based products to the marketplace. Financial det...

Nestlé continues to remove sugar, salt in a “health by stealth” campaign

21 Oct 2021

Nestlé’s U.K. breakfast cereal maker Cereal Partners U.K. (CPUK) said there will be 16% less sugar and 50% less salt in six of its products, Food Navigator reported. Coco Shreddies, Frosted Shreddies, Honey Cheerios, Nesquick, Cookie Crisp and Golden N...

Mondelez introduces a vegan version of its Cadbury bar

18 Oct 2021

Cadbury will soon have a new vegan chocolate bar in the U.K., called the Cadbury Plant Bar, Mondelez International announced. The new plant-based offering is inspired by Cadbury’s Dairy Milk, one of the most well-known chocolate bar options in the regi...

Amazon-owned Whole Foods to get new CEO in 2022

14 Oct 2021

After 44 years at the helm of the Amazon-owned natural grocer Whole Foods, iconic founder and CEO John Mackey will step down from the helm. In September 2022, Mackey will officially retire from his position as CEO, which will then transition to the cur...

Blake Lively creates nonalcoholic mixer line Betty Buzz

13 Oct 2021

Actress Blake Lively released a line of nonalcoholic mixers called Betty Buzz. The mixers come in five flavors: Sparkling Grapefruit, Meyer Lemon Club Soda, Sparkling Lemon Lime, Ginger Beer and Tonic Water. One bottle makes two cocktails or is an opti...

Survey: Frozen foods continue to increase in popularity

12 Oct 2021

Frozen foods have experienced an ongoing bump in consumer popularity during the pandemic thanks to their long shelf life, attractive pricing and manufacturers’ willingness to innovate in the space. This trend, which has held strong for over a year, con...

Walmart meat supplier opens first plant-based processing facility

11 Oct 2021

California-based meat company Jensen Meat has officially gotten into the plant-based protein industry with the inauguration of its first plant-based protein production facility. This plant opening comes three years after the company first announced its...

Danone set to launch “dairy-like” segment

8 Oct 2021

To help close the gap between dairy drinkers and plant-based milk acolytes, dairy giant Danone is launching a plant-based “dairy-like” segment in January 2022. Initially, the new segment will launch with two beverages: Silk nextmilk and So Delicious Wo...

IRI: Name brands taking market share from private label

7 Oct 2021

For the first time in a decade, private label brands are losing ground to national brands, according to data from the Chicago-based market research firm IRI. For the 52 weeks ending Sept. 19, brand name product sales were up 3.6% to $536 billion. Howev...

Ripple closes $60M investment round, targets global expansion

6 Oct 2021

Animal-free, pea-protein-based dairy maker Ripple Foods raised $60 million in a Series E funding round led by Rage Capital, Ajax Strategies, and S2G Ventures, with backing from OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capit...

Perfect Day lands $350M, introduces cream cheese

4 Oct 2021

Animal-free dairy protein company Perfect Day announced it closed a $350 million Series D funding round led by Temasek and Canada Pension Plan Investment Board (CPP Investments). Additional participation came from long-time investors Horizons Ventures,...

Leonardo DiCaprio invests in two cultivated meat startups

29 Sep 2021

International star and climate activist Leonardo DiCaprio invested in both Mosa Meat and Aleph Farms, two startups focused on creating lab-grown meat alternatives. The investment amount made by the Hollywood actor was not disclosed, but he will sit on ...