Latest news in the food and nutraceutical industry
Sustainability
Fortuna Cools develops sustainable coolers made from coconut husks
9 Jun 2021
Filipino startup Fortuna Cools announced the closure of a seed funding round led by the investment arm of the Asian Development Bank ADB Ventures and Katapult Ocean Fund with additional participation from Pasudeco Development Corporation, the Manila An...
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Cultivated meat firm Magic Valley to be first in cultivated lamb
8 Jun 2021
Australian-based startup, Magic Valley is the “world’s first cultured lamb company,” according to a press release from the company. This startup is working to cultivate lamb protein using animal cells grown in a nutrient-rich culture but without the us...
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Research shows livestock may not pollute as much as previously thought
4 Jun 2021
A new study published in the Advancing Earth and Space Science journal found that the emissions intensity of global animal husbandry has actually decreased over the past two decades due to greater production efficiency.
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Lidl Cheddar cheese shows rising popularity of carbon neutral food
31 May 2021
Hard discounter Lidl will launch a carbon-neutral Cheddar cheese in UK stores before the end of the year. Are carbon neutral products the next big thing in sustainable food?
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Oceanium Raises $2.7M to fund seaweed-based sustainable initiatives
24 May 2021
UK-based Oceanium closed a second seed funding round for £2 million ($2.7M USD). The round was led by Green Angel Syndicate with participation from the World Wildlife Fund. Funding will be used to scale the company's proprietary bio-refinery and proces...
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Access in the spotlight this World Hunger Day
21 May 2021
The Hunger Project has made huge progress in reducing global hunger, but Covid-19 has worsened poverty and limited food availability in many communities. This World Hunger Day, the focus is on access – to food, but also to essential resources like educ...
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Price will dictate adoption of cultured meat in Southern Europe
21 May 2021
Over half of consumers in Greece, Croatia and Spain are willing to purchase cultured meat if the price was lower than conventional equivalents, according to a new study from the University of Copenhagen. This finding led researchers to conclude that af...
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Asian plant-based meat OmniPork coming the U.S. in 2021
11 May 2021
OmniPork, the plant-based pork analog line from the parent company Green Monday, will launch its products in the U.S. in 2021, Food Navigator reported. There was no specific date announced for the products’ arrival in supermarkets, but OmniPork has alr...
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JBS expands its vegan portfolio, buys Vivera for $410M
28 Apr 2021
JBS, the world’s largest protein company, entered into an agreement to purchase Vivera, Europe’s third-largest plant-based food producer for approximately $410 million (€341 million). The transaction is subject to regulatory approval, but the deal incl...
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PepsiCo announces plans to reduce global GHG emissions by 3M tons
27 Apr 2021
PepsiCo released its 2030 sustainability goals where it said it plans to eliminate at least 3 million tons of greenhouse gas emissions (GHG) by the end of the decade, improve the livelihoods of more than 250,000 people in its agricultural supply chain ...
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Papaya waste upcycled for nutritious snack bars in Ethiopia
20 Apr 2021
Papayas have long been praised for their enzymatic content, but they are now also finding a role as a key ingredient in snack bars made locally in Ethiopia thanks to their nutritious profile and widespread availability.
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Pea-based tofu offers another alternative for plant-based protein
19 Apr 2021
UK-based tofu alternative manufacturer Peafu is looking to make a pea-based tofu product available to the market by 2022. Currently, the product is in the prototype phase.
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