News & Analysis on Food & Beverage Development & Technology
2017 has been a rollercoaster ride for the food industry, with Amazon coughing up a cool $13.7bn for Whole Foods, a flurry of M&A activity from Nestlé, Hershey, Campbell Soup and Kellogg, and an exodus from the industry’s biggest trade association,...
Chicago-based Label Insight, a data company which collects and crunches label information on packaged food and beverages, has raised $21m in a Series C funding round.
News in brief
Firmenich is expanding its presence in the organic flavors market via a deal to acquire New Jersey-based Natural Flavors, Inc.
Bay area start-up Finless Foods – one of a new wave of cellular agriculture companies producing meat by culturing cells (without raising or slaughtering animals) – has slashed production costs by 50% since September and is aiming to achieve price parity...
Barry Callebaut has launched a 65% dark chocolate under its gourmet and organic chocolate brand, Van Leer, using coconut sugar.
US fast food chain The Wendy’s Company has announced that it is to expand its sustainability practices to beef and pork.
Hershey’s acquisition of Amplify Snacks has made the chocolate company the second largest popcorn producer in the US market, ‘second to Frito-Lay,’ who owns Smartfood, said Euromonitor analyst Jared Koerten.
Smart Cups has launched its first ever 3D-polycapsule printed line of energy drinks in four flavors; Tropical Recess, Nerdy Lemon-T, Pucker Up Brain Boost and Magna Cum Latte.