2020 was a breakout year for 'agrifoodtech' companies as the sector attracted over $26.1bn worldwide in investment, a 34.5% increase from 2019, according to global venture capital firm AgFunder's 2021 investment report.
The plant-based seafood market is pretty small fry in dollar terms right now, but is poised to grow significantly in the next couple of years, predict the entrepreneurs behind a new wave of brands seeking to take plant-based tuna, shrimp, crab cakes,...
The agriculture supply chain is long overdue for an overhaul, as illustrated by breakdowns early in the pandemic, the rising threat of climate change, and increasing pressure to feed a growing population, but the question of who will foot the bill remains...
Vertical indoor farming company Kalera has acquired Vindara Inc., a company developing non-GMO seeds specifically designed for use in vertical indoor farm environments.
Most startups have more questions than funding, which means when they come across something they don’t know they lose time, resources and occasionally their businesses finding the answer the hard way – but a new program from the food brand builders at...
Pacific Northwest hydroponic vertical farming startup Forward Greens is deploying what CEO and founder Ken Kaneko believes is an easy to replicate, scalable, and financially sustainable business model for the booming indoor vertical farming industry....
While Coca-Cola Co. is eager to restart innovation in 2021 after pulling back in 2020 to accommodate supply-constraints and heightened retailer demand for best-sellers, it is doing so with a shorter leash on experimentation and higher bar for financial...
Less than a year after taking the helm at Clif Bar & Co., new CEO Sally Grimes is spearheading the company’s first transformation in 30 years with an ambitious goal to double its business to $2 billion and double its positive impact on the world....
Food allergy advocacy group, FARE (Food Allergy Research & Education), has launched an action plan to broaden treatment, care, and education about food allergies, addressing systemic inequities when it comes to accessing these resources.
Nestlé reported ‘strong’ growth of its plant-based brands when it delivered its full year results. But, CEO Mark Schneider stressed, the opportunity is much bigger than meat-free burgers or bangers.
Upcycled foods and beverages made from ingredients traditionally not consumed by people are gaining popularity with consumers seeking more sustainable diets – creating a fast-growing market opportunity estimated to be worth more than $46 billion, which...
Givaudan’s flavour business, Givaudan Taste & Wellness, is launching a new tool that leverages artificial intelligence for the ‘next generation’ of product development. “Success comes from combining the output of the tools with the sensitivity and...
Barry Callebaut has joined forces with Swiss chemistry start-up Bloom Biorenewables to investigate upcycling chocolate side streams. The first result: vanillin produced from hazelnut shells.