Latest News in the food Industry

Natural

‘Bread as good as veg’: Modern Baker makes bread better with science-based Superloaf

‘Bread as good as veg’: Modern Baker makes bread better with science-based Superloaf

8 Apr 2021

Packing in 12 high-fibre, plant-based ingredients and no additives, Modern Baker’s Superloaf claims to be as healthy as eating vegetables, and has won the praise of ‘gut guru’, Dr Tim Spector.

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Unilever and Nestlé petition to phase out caged hens in Europe

Unilever and Nestlé petition to phase out caged hens in Europe

29 Mar 2021

In a letter to the European Commission, major food titans called on the government to end the practice of raising hens in cages in the European agricultural sector. To accomplish this push, industry heavyweights Unilever and Nestlé partnered with the o...

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Babylon MicroFarms Closes $3M Seed Round

Babylon MicroFarms Closes $3M Seed Round

23 Mar 2021

Virginia-based agtech company Babylon Micro-Farms announced that it raised $3 million in a seed funding round with participation from existing its investor, the Center for Innovative Technology, as well as new participants, including Hull Street Capita...

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The healthier comfort food alternative

The healthier comfort food alternative

4 Mar 2021

The new product reducing sodium while enhancing umami flavour in popular comfort foods.

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Infant probiotic brand nurtured a $55M funding round

Infant probiotic brand nurtured a $55M funding round

18 Feb 2021

Evolve, a biotech company specializing in probiotics aimed at addressing infant gut microbiome deficiencies, closed a $55 million Series D funding round led by Cargill and Manna Tree. As part of the investment, Cargill and Manna Tree will join the comp...

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Indian baby food brand rolls out made-to-order meals for infants

Indian baby food brand rolls out made-to-order meals for infants

8 Feb 2021

Indian toddler snack food company Timios has moved into the baby food category with the launch of its made-to-order baby porridge line that comes in 12 varieties that are made with a mixture of fruits and vegetables along with wheat, millet and rice.

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IFF’s olive leaf extract now non-GMO Project Verified

IFF’s olive leaf extract now non-GMO Project Verified

2 Feb 2021

IFF has received Non-GMO Project Verified certification for its Benolea® (EFLA® 943), an olive leaf extract, clinically shown to support cardiovascular health. In addition, the company recently received recognition by the Council of Ecological Agricult...

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Candy maker Mars to acquire Kind North America for $5B

Candy maker Mars to acquire Kind North America for $5B

7 Dec 2020

Candy maker Mars will fully acquire bar maker Kind Bar in a deal that is reported to be worth $5 billion. Daniel Lubetzky, the company’s founder told the New York Times, which first reported the deal, that Kind's sales are about $1.5 billion annually. ...

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Hain Celestial considers further divestment of brands

Hain Celestial considers further divestment of brands

8 Sep 2020

The natural and organic food company Hain Celestial is in the midst of paring down its offerings to become a smaller and more profitable company. In its most recent earnings call, the company hinted that it may consider “exploring optionality” for its ...

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Apeel Sciences on track to save 20 million pieces of fruit from food waste

Apeel Sciences on track to save 20 million pieces of fruit from food waste

9 Jun 2020

At the end of May, Apeel Sciences raised $250 million dollars in new financing, bringing the startup’s total funding to more than $1 billion. This infusion of funds will be put toward the company’s mission of food waste prevention, an area in which it ...

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Could revised calorie content boost nut consumption?

Could revised calorie content boost nut consumption?

20 Jan 2020

Researchers from the USDA have discovered that tree nuts like almonds, cashews and pistachios may have fewer calories than previously thought, and food firms are starting to reflect this on pack. Could fewer calories prompt consumers to eat more nuts?

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ADM expands Brazil operations with acquisition

ADM expands Brazil operations with acquisition

10 Jan 2020

ADM has announced that it has acquired Yerbalatina Phytoactives, a natural plant-based extracts and ingredients manufacturer.

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