Report: CBD prices decreasing across the industry
The research also found colossal disparities among brands, underscoring the inconsistencies in pricing.
Archives for July 19, 2021
Nature’s Fynd raises $350m in Series C to build nutritional fungi protein platform, gears up for late 2021 launch
Nature’s Fynd - a Chicago-based startup growing protein-packed food from microbes with a fraction of the environmental footprint of meat or dairy – has raised $350m in a Series C round (taking its total financing to >$500m) as it gears up to launch...
Sensient Technologies acquires assets of Flavor Solutions Inc.
Sensient Technologies has acquired the assets of New Jersey-based Flavor Solutions, a custom product and flavor development company serving the food, beverage, and nutraceutical industries. Terms of the deal were not disclosed.
Walmart and Costco lead the way in return of in-store shopping, while dollar stores gain ground
While many consumers have incorporated some form of e-commerce into their grocery shopping routines, an increasing number are indicating their preference for their pre-pandemic in-store shopping trips, according to survey results from The Feedback Group.
NextFerm gears up for 2022 launch of neutral-tasting yeast-derived vegan protein with PDCAAS score of 1.0
Israeli firm NextFerm Technologies – one of a flurry of players developing new protein sources from microbes - is gearing up for the 2022 commercial launch of ProteVin, a vegan, non-GMO, yeast-based protein, following successful testing at pilot scale at...
‘Amazing taste and texture, and unmatched nutritionals…’ Keto-friendly Nick’s Ice Cream on course to triple US revenues this year, expand into new categories
Swedish keto-friendly brand Nick’s – which entered the US in late 2019 with low carb light ice cream pints – is on course to triple its US sales in 2021 (vs 2020) with continued growth in bricks & mortar retail, sharp growth in its fledgling direct to...
Soup-To-Nuts Podcast: QVC, live-streaming help brands drive discovery, trial among at-home shoppers
Live-stream shopping is emerging as a new frontier for food and beverage brands as homebound consumers during the pandemic looked for safe ways to discover products and stock their pantries and brands seek novel ways to tell their stories and drive trial...
Three acquisitions helping shape PepsiCo's beverage portfolio for the future
Three high-profile acquisitions put the spotlight on how PepsiCo is shaping its beverage portfolio for the future: tapping into a new consumption model with SodaStream; eying up the opportunity for protein and sport with CytoSport, and building its...