Ingredion has acquired KaTech - a privately held company headquartered in Lübeck, Germany that provides advanced texture and stabilization solutions to the food and beverage industry - for an undisclosed sum.
Unilever has some ambitious goals on food waste. The multinational wants to halve waste from its direct operations by 2025 and is working with suppliers and customers to reduce waste across the food chain. It also hopes to tackle one of the trickiest...
Despite a double-digit increase in retail sales during the pandemic, most grocery retailers continue to grapple with tight profit margins which could be squeezed further as restaurants and the foodservice industry reopen but many coronavirus-related expenses...
Valued at $6.8bn in the US alone (according to Research&Markets), the market for hydroponically-grown produce is no longer niche and poised for strong growth over the next several years, predicts BrightFarms, a company growing a variety of leafy greens...
Oatmilk has taken off like a rocket ship over the past couple of years. However, US retail sales of almondmilk - which accounts for two thirds of category sales – grew a solid 16.9%* last year in measured channels, with market leader Almond Breeze posting...
A new early-stage venture capital fund sees significant upside for financing food and beverage startups that may be too small for many other VC investors, but which in a few years could help meet “pent up demand” for innovation from large CPG players...
No longer seen as the budget option by consumers, private label brands are continuing to differentiate themselves from national brands in quality and innovation, according to private label market research firm Daymon.
The state of Colorado aims to remain a leader in the hemp industry, Gov. Jared Polis said at an industry event last week. He announced the release of a detailed state plan for the industry at the meeting, which includes scientific support, data sharing,...
When the founders of startup Holy Cow discovered thousands of cow hides are thrown away daily due to rising demand for beef during the pandemic and a simultaneous sharp decline in leather production, they saw an opportunity to create a new revenue source...
The CBD/hemp markets, both in finished goods and on the supply side, are in a state of transition, attendees at an industry event learned on Friday. The message was that some growers and some finished product marketers are likely to fall by the wayside...
Indoor vertical farming company, AeroFarms, has entered an agreement to merge with Spring Valley Acquisition Corp to become a publicly traded company on the NASDAQ in a transaction that's expected to close in the second quarter.
On track to becoming one of the largest plant-based food companies in the world, LIVEKINDLY Collective has closed additional funding to scale its company into targeted key regions including the US and China.
The coronavirus outbreak fundamentally changed how food and beverage brands are connecting with consumers – from abruptly halting live sampling and in-store promotions to altering the types of messaging consumers want to hear.
New Jersey-based Innovation Foods is building a $45m, 71,000-square-foot facility dedicated to producing aseptic and extended shelf-life (ESL) beverages for Oatly, which is projected to open in mid-2022.
