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18 Jun 2021
--- Kerry Group has agreed to sell its Consumer Foods’ Meats and Meals business in the UK and Ireland to Pilgrim’s Pride for a cash consideration of €819 million (US$976 million). The transaction is expected to... Read More
18 Jun 2021
--- Oterra, formerly known as Chr. Hansen Natural Colors, plans to continue its “strong” growth acceleration by acquiring Diana Food’s natural food coloring business. Financial details of the deal have not yet... Read More
18 Jun 2021
--- This week in industry news, Kraft Heinz revealed an agreement to purchase Assan Foods, an Istanbul-based company. The Global Shea Alliance implemented a pilot project for developing resilient shea, and Nestlé’s... Read More
18 Jun 2021
--- The scope of “better-for-you” offerings is broadening, which consistently challenges food developers to identify new functional solutions to meet the evolving demands for products free of artificial additives,... Read More
18 Jun 2021
--- Exports of food and drink to non-EU markets topped sales to the EU in the first quarter of 2021, with EU sales falling by 47 percent compared with Q1 2020, as a result of the on-going impacts of COVID-19 and changes in the... Read More
17 Jun 2021
--- Firmenich has joined the UN Global Compact CFO (Chief Financial Officer) Taskforce, the first-ever global initiative promoting sustainable corporate finance and scalable investments to pursue the UN’s Sustainable... Read More
17 Jun 2021
--- New York-based RIND has closed a US$6.1 million Series A capital raise led by Valor Siren Ventures (VSV), an early-stage investor in sustainability, food technology and retail, along with a follow-on investment from Melitas... Read More
17 Jun 2021
--- Motif FoodWorks has raised US$226 million in Series B funding, the largest food-tech raise to bring transformative plant-based food technologies to market. Speaking to FoodIngredientsFirst, Michael Leonard, Motif... Read More
17 Jun 2021
--- The Good Food Institute (GFI) Brazil is spearheading The Biomas Project, a program to fund exploratory research for transforming plant species native to the Amazon and Cerrado biomes into food ingredients that the... Read More
17 Jun 2021
--- DSM has extended its yogurt culture portfolio to include DelvoFresh YS-042 for clean label applications with increased efficiency. The culture enables manufacturers to create stirred yogurt that stays “extra mild,... Read More
16 Jun 2021
--- European dairy players are breathing a sigh of relief after a five-year truce has been struck in the long-running trade dispute over subsidies for Boeing and Airbus, which saw them dragged into a conflict that seriously... Read More
16 Jun 2021
--- With the plant-based market booming, legumes are “celebrating a real comeback,” according to GoodMills. The European milling corporation has begun a collaboration with Israel-based plant-tech company Equinom to... Read More
16 Jun 2021
--- Protein Industries Canada has launched a project with New School Foods and Liven Proteins to develop plant-based seafood products. A total of CA$1.9 million (US$1.558 million) has been committed to the project, with Protein... Read More
16 Jun 2021
--- Chocolate innovation is tailored to maintaining taste and pleasure while working with simpler ingredients that boast better nutrition composition, according to Taura by IFF. In light of this, the company addresses how... Read More
16 Jun 2021
--- High-protein foods have been a growing trend for several years driven by health-conscious consumers seeking out foods that support active lifestyles. And according to Glanbia, the crucial challenge of protein malnutrition... Read More
15 Jun 2021
--- Chobani is disrupting the yogurt space with a major US launch which sees the dairy specialist eliminate the sugar in milk. The strained yogurt expert has developed what it considers an “industry first” and... Read More
15 Jun 2021
--- Nespresso has begun the construction of its expansion of the company’s production center in Romont, Switzerland. The first new production lines are expected to be fully operational by June 2022. The CHF160 million... Read More
15 Jun 2021
--- More than half of US consumers are willing to pay a premium for clean label ready meals and want to learn about technologies that help limit the number of additives and preservatives needed. This is according to a survey and... Read More
15 Jun 2021
--- While sustainability and planetary health are key considerations for the modern, conscious individual, there can be regional differences among what consumers are specifically concerned about. Innova Market Insights... Read More
15 Jun 2021
--- Reaffirming chocolate’s universal appeal, a new survey from Cargill has revealed most US consumers indulge in a chocolate-flavored treat every day. Viewed as a reward, mood lifter, energy booster and the secret to... Read More
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