All news articles for February 2022

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CBD price per mg trending down, report finds

By Danielle Masterson

Despite a whopping 3,561% gap between the most expensive and least expensive products across the CBD industry, the overall category is getting cheaper for consumers.

Food and beverage companies suspend operations in Ukraine

Food and beverage companies suspend operations in Ukraine

By Mary Ellen Shoup

Several international food and beverage companies have temporarily shut down operations in Ukraine following Russia's invasion to ensure the safety of employees while bracing for the long-term economic impact that skyrocketing commodity prices and...

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GUEST ARTICLE: Microbes all dressed up... with no place to go?

By Mark Warner, founder, Warner Advisors

The draw of industrial biotechnology is compelling: beef without the cow, eggs without the chicken, almost every animal-based product that society has relied on for centuries having a non-animal replacement in the works. Maybe it’s just me, but with...

MGP invests $16.7m to open new protein extrusion facility

NEWS IN BRIEF

MGP invests $16.7m to open new protein extrusion facility

By Mary Ellen Shoup

Specialty proteins and starches supplier MGP Ingredients is investing $16.7m in a new facility specializing in extrusion technology for the production of its ProTerra line to meet growing demand for its texturized proteins.

Mintel: Are meal kit online marketplaces the future of category?

Mintel: Are meal kit online marketplaces the future of category?

By Mary Ellen Shoup

While meal kit demand surged during COVID-19, many consumers still aren't sold on the idea of a meal subscription and players in this space should embrace the full potential of e-commerce to become "true online grocery retailers" by providing...

Kodiak Cakes taps into pro-athlete circle with new investment

Kodiak Cakes taps into pro-athlete circle with new investment

By Mary Ellen Shoup

Kodiak Cakes, best known for its protein-packed pancakes and waffles products, has received an investment from Patricof Co (P/Co), a specialized private investment platform for professional athletes, to fuel the brand's continued expansion and leadership...

Study: Turning waste from apples into compostable packaging

Study: Turning waste from apples into a compostable packaging solution

By Mary Ellen Shoup

Scientists from Oregon State University have developed a way to turn apple waste into compostable packaging material that could serve as the main ingredient for molded pulp packaging (e.g. egg cartons, beverage cartons, and take-out containers) and as...

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