News & Analysis on Food & Beverage Development & Technology
Heyday Canning Co – a startup on a mission to disrupt the ‘tired’ canned food aisle – has secured authorizations at Whole Foods nationwide, a couple of months after debuting at Sprouts stores nationwide.
Canadian meat alternative producer No Meat Factory has closed a $42m series B round as it gears up to open a second factory, and says it is seeing significant demand for high-quality capacity, despite the recent slowdown in sales at US retail.
Despite concerns that high energy prices, supply chain and labor challenges, and geo-political strife will continue at least through the end of the year if not longer, many CPG executives remain optimistic about their companies’ performance, according to...
Procurement intelligence and analytics provider Beroe predicts that corn prices will remain high due to supply chain disruptions and increasing production costs.
In an effort to streamline its portfolio, ingredient manufacturer Kerry has entered into exclusive negotiations to sell its sweet ingredients business to food ingredient company IRCA for €500m ($538m).