Impossible? A plant-based burger just won $75m
Start-up Impossible Foods has secured a “significant” $75m cash injection from investors, including Bill Gates and a Facebook founder, who now back a revolutionary plant-based burger that bleeds.
Archives for August 1, 2017
TerraVia files for Chapter 11 and enters into competitive bidding process
After almost 15 years in business without generating a profit, algae ingredients pioneer TerraVia has filed for bankruptcy protection under Chapter 11 and subjected itself to a competitive bidding process, with ingredients supplier Corbion entering the...
Campbell Soup joins the lineup at FOOD VISION USA 2017: 'We're restless, future focused and consumer-centric...'
While it's probably still best known for its iconic condensed soup, Campbell Soup has been quietly re-engineering its portfolio in recent years via a series of strategic acquisitions and investments spanning everything from hummus and dips to organic...
Foie gras production comes under attack
The controversial method of overfeeding duck or geese to produce foie gras has been deemed poor practice in a new report.
Cook County soda tax due to take effect today
A penny-per-ounce Sweetened Beverage Tax in Cook County, Illinois, goes into effect today after a temporary restraining order on the levy was dismissed in Cook County Circuit Court. However, retailers have announced they will continue their fight against...
Cargill hatches plan to improve turkey health
Commodities trader Cargill is spending $7m to modernise its Harrisonburg, Virginia site, used to incubate and hatch more than 23 million turkey eggs per year.
Global Re-Fuel develops new poultry biomass furnace
Energy technology company Global Re-Fuel has developed a new chicken litter-fuelled biomass furnace that is designed to improve poultry health and farmers’ operating margins by more than $15,000 a year per broiler house.
Exo rebrands to play up the power of cricket in its snack bars, better connect with active consumers
As an early mover in the edible insect space, Exo initially downplayed the presence of crickets in its snack bars to help drive trial, but as the idea of eating bugs becomes more familiar to Americans the brand is more heavily featuring crickets in its...
An attractive produce section can give retailers a competitive edge, FMI study suggests
Looks may not be everything, but they matter a lot – especially in the produce section, which can be a pivotal driver for foot traffic and subsequent sales throughout the entire store, according to new research from the Food Marketing Institute.
Heavenly Organics announces new glyphosate-free certification by The Detox Project
Honey and confectionery maker Heavenly Organics announced that it is the first brand to receive The Detox Project’s new glyphosate residue-free certification.