Weekly Roundup: Magnum’s non-dairy ice cream NPD, Dippin’ Dots and IncrEdible Eats partner on edible spoons
14 Jan 2022 --- This week in industry news, Dippin’ Dots formed a new partnership with IncrEdible Eats to produce environmentally-friendly edible spoons, while Magnum unveiled a mini range of vegan ice cream stick bars. In other moves, Yara and Lantmännen signed an agreement to bring fossil free fertilizers to market by 2023, while, the UK Diet Trends annual research recorded the highest figure in four years of people switching to plant-based and meat-free diets.
In-brief: NPD
Dippin’ Dots launched a partnership with IncrEdible Eats to create eco-friendly edible spoons. The spoons come in vanilla and chocolate flavors and can be paired with any ice cream. IncrEdible Eats made its debut on Shark Tank in 2021 receiving four different offers from the investor panel. Since the TV show, the company has added edible straws, bowls and plates to its portfolio.
Coinciding with Veganuary, Magnum has launched a mini-sized multi-pack of vegan ice cream stick bars and a new-and-improved recipe to its vegan core range as part of its latest non-dairy innovations. The bars are available in two flavors: Magnum Vegan Classic and Magnum Vegan Almond.
BettaF!sh, unveiled a new vegan fish alternative, Tu-Nah Pizza which will be available from Aldi Nord and Süd stores across Germany from January 17 and 21, respectively.
To celebrate its 110th anniversary, Oreo, the iconic cookie brand from Mōndelēz kicked off the “Never Stop Wishing” campaign that debuts a limited edition cookie, a series of birthday-themed television montages and consumer sweepstakes.
SodaStream introduced a new sparkling water maker, called “the Art” featuring a retro design stainless-steel trim and a carbonating lever that claims to elevate the sparkling water experience. The appliance was designed to inspire SodaStream customers to make fresh sparkling water at-home for any occasion.
In brief: Business moves
Biotalys, an agricultural technology company protecting crops and food through protein-based biocontrol solutions and contract development, and manufacturing organization Olon, entered a long-term strategic partnership to manufacture biocontrol products. The partnership aims to advance food protection through protein-based biocontrol solutions and secures the global supply of Biotalys’ newly developed biofungicide, Evoca, planned for market introduction in the US in the third quarter of 2022, pending regulatory approval.
Fonterra Co-operative Group Limited revised the forecast for its 2021/22 New Zealand milk collections to 1,500 million kilograms of milk solids (kgMS), down from its opening forecast of 1,525 million kgMS. Varied weather and challenging growth conditions across many parts of the country earlier in the season saw actual milk collections down the same time last year.
Food start-up reHarvest Provisions closed a US$1.5 million series seed round led by True Wealth Ventures, which focuses on women-led companies improving human and environmental health. Also participating in the round were Flagstaff Ventures, Segal Ventures, Captra Capital, Chicago Early, Dobson Avenue and CPG focused Angels. The move comes after the company rebranded its former name, reBlend.
In brief: Sustainability efforts
Yara and Lantmännen have signed a commercial agreement to bring fossil free fertilizers to market in Sweden by 2023. Produced with renewable energy, these green fertilizers are crucial for decarbonizing the food chain and offering consumers more sustainable food choices. The companies began testing the commercial viability of green fertilizers in 2019 to realize a fossil free food chain.
Veganz and Aramark are joining forces to make vegan and climate-friendly nutrition available to the mass market. The cooperation will be rolled out across all Aramark business areas, with a focus on the sports and events sector and catering companies, to transform traditional dishes into vegan ones including chili sin carne, vegan versions of kebabs, gyros and currywurst.
Roughly 8.8 million people across the UK are planning to become vegetarian, vegan or pescatarian over the next 12 months, the highest figure recorded in the last four years by the UK Diet Trends annual research from finders.com. Overall, there was a net gain of 105,000 people who have started to follow meat-free diets in the UK throughout 2021. The diet that gained the most recruits that year (130,000) was vegetarianism, while 52,000 people took up veganism.
By Inga de Jong
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