Joywell Foods, which deploys microbes to produce nature-identical ultra-sweet proteins found in fruits and berries, has raised $25m in a funding round* led by Piva Capital as it gears up to launch its first consumer products featuring the sweeteners.
While much of the press coverage in food tech is devoted to brands making meat, egg, and dairy alternatives, these technologies will only be scalable – and sustainable - if we pay the same level of attention to the enabling technologies underpinning them,...
With $10m in series A funding, the carbon assessment platform Planet FWD hopes to dramatically reduce the time it takes CPG companies to evaluate and neutralize their environmental impact while simultaneously speeding up their development of eco-friendly...
A court has found in Sweegen’s favor following a four-year legal battle with rival PureCircle over IP relating to the manufacture of stevia sweetener Reb M.
More Americans are worried about the planet’s health and understand that their dietary choices impact the environment, yet few are willing to pay significantly more for eco-friendly products – potentially squeezing companies undertaking expensive sustainability...
General Mills’ sale of its iconic Helper main meals and Suddenly Salad side dish business for $610m to Eagle Family Foods Group will free up resources and help rebuild its cash reserves as it continues to hunt for acquisitions to build out its five core...
ADM’s nutrition business may represent only 15% of its operating profit currently, but executives expect that to double in the next three years and to drive a majority of the company’s operating growth thanks to its “systems” approach to business development,...
The US Federal Trade Commission is proposing an updated set of rules that would attempt to rein in the burgeoning use of phony reviews to hawk products online. They would also work to prevent the suppression of negative reviews
They may not be magic, but mushrooms – at least medicinal ones – are having a moment as consumer demand for functional benefits, such as clarity, calm, digestive support and enhanced immunity, are driving discovery and sales of the versatile, easy-to-you...
This fall, the White House will host a highly-anticipated and hard fought for second Conference on Food, Nutrition, Hunger and Health at the behest of a bipartisan nationwide grassroots movement led by Rep. Jim McGovern (D-Mass.) as part of an ambitious...
Superbrewed Food has secured self-affirmed GRAS status for a new whole food, non-GMO ingredient - marketed as a ‘postbiotic cultured protein’ – that founder Dr Bryan Tracy is billing as “the most nutrient dense protein source on the planet,” with 80%+...
Already high, egg prices likely will continue to climb as some producers struggle to meet increased demand as supplies tighten with the spread of Avian flu and efforts to convert to cage-free production ahead of looming deadlines slow repopulation efforts...
Tyson Foods is betting big on ready-to-eat and value-added products, which it estimates could return margins of 10-12% even during a recession, as part of its ambitious goal to get ahead and stay ahead of the competition and outpace the market.
The FDA has denied a request to exempt rare sugar tagatose from the total and added sugars declaration on the Nutrition Facts panel, three years after granting the same request for rare sugar allulose, a decision petitioner Bonumose has slammed as “contradictory...
A new entrant to the burgeoning plant-based protein arena, canola protein can improve the taste, texture, and nutrition of everything from protein bars to plant-based ice cream, says Merit Functional Foods, which recently opened a facility in Manitoba...
Dairy, plant-based and animal-free products often unnecessarily are pitted against each other as competing for the same place in consumers’ fridges, when in reality most Americans buy across the segment and manufacturers would be better served by highlighting...
Despite a significant uptick in the percentage of Americans following a particular diet or eating pattern - from 'clean eating' to 'mindful eating' - to improve their wellbeing, fewer weigh the healthfulness of the ingredients or products...
With the global food system under significant pressure to keep up with the world's growing population, The Kellogg Company's SVP of global R&D and innovation Dr. Nigel Hughes presents how international food and beverage companies can take...
Reformulating products to clean up labels resulted in both higher revenue and higher margins for a majority of North American manufacturers surveyed by Ingredion late last year, claims the company, which quizzed 2,000 product developers at large and mid-sized...
Walmart’s already low appetite for price increases across food and beverage may be further dampening as more consumers switch to private label and smaller packs to keep expenses down – a signal to the retailer that it is not doing enough to deliver on...
Nuritas – a Dublin-based biotech firm deploying artificial intelligence (AI) to identify bioactive peptides in plants that could impact everything from blood glucose management to skin aging – is setting up its US headquarters in Connecticut to support...
Even though 59% of Americans have access to curbside recycling, only 27% of plastic bottles are currently recycled – a grim statistic that is not only bad for the environment but also bad for CPG businesses, such as The Coca-Cola Co., that are striving...
Being an entrepreneur can feel desperately lonely – especially in the early days when budgets are tight, days are long and challenges crop up constantly – but as romantic as the idea of buckling down and becoming ‘self-made’ may be, few founders actually...
Food prices likely will remain stubbornly high as the cost of key ingredients, packaging materials, transportation and warehousing paid by producers continues to rise, albeit at a slightly slower pace – sparking optimism among some that high inflation...
Daily tea consumption should be recommended in the upcoming 2025-2030 Dietary Guidelines for Americans, argue scientists and industry stakeholders who point to its safety and a growing body of research supporting health benefits from the Camellia sinensis...
MSP Starch Products Inc., makers of the branded ingredient Solnul Resistant Potato Starch, said the offering has been certified by the Upcycled Foods Association (UFA).
Rising food prices slowed slightly in April over the prior month, according to the Bureau of Labor Statistics April Consumer Price Index released today, but they continue to climb at a brisk pace that is significantly faster than all items, allowing them...
As organic continues to go mainstream with broader reach outside of the natural channel where it began, it faces increased competition from other attributes and production methods as well as skepticism about the certification’s veracity and value, new...
As cultivated meat gets closer to market, more attention is being paid to enabling technologies, from bioreactors to growth media to edible scaffolding. FoodNavigator-USA caught up with two players trying to replicate the extracellular matrix of meat:...
While many consumers report struggling with product shortages and delays in online orders along with mounting concerns over inflation, demand for groceries “tends to be relatively inelastic,” according to Morning Consult, which has just surveyed 1,000...
As labor challenges continue to hold back Tyson Foods' ability to meet heightened demand, the firm is doubling down on efforts to become the ‘most sought-after place to work,’ while simultaneously investing in automation to relieve staffing needs.
AI-phytonutrient pioneer Brightseed has announced $68 million in Series B funding to enable the company to accelerate its tech-based discoveries and launch novel ingredients for food, beverage, and supplements.
More consumers are factoring sustainability into their purchase decisions, according to data from NielsenIQ, but effectively and efficiently communicating a product’s environmental impact in less than the 10 seconds most shoppers spend deciding what to...
Kellogg is steadily, and more quickly than anticipated, recapturing lost distribution and market share in the US cereal market after a factory fire and drawn-out strike last year depleted supply and left it unable to meet demand for all its beloved breakfast...
There is no silver bullet that will singularly transform the economics of cell-cultured/cultivated meat, but technology developed by Israeli startup ProFuse Technology that dramatically speeds up the muscle fiber production process and enhances production...
As higher prices due to inflation continue to squeeze consumers’ budgets, shoppers at Spouts Farmers Market are beginning to pull back on spending, opting for “slightly fewer units in the basket” – prompting the retailer to reconsider its in-store experience...
Halifax-based Smallfood is targeting the alternative seafood market with a novel marine-based whole food ingredient high in protein “with an amino acid profile similar to beef” and meaningful levels of the coveted long-chain omega-3 fatty acids EPA and...
Tate & Lyle – a global ingredients company best known for sweeteners, fibers, and texturizing ingredients – has moved into the burgeoning plant-based protein arena with a deal to acquire Virginia-based chickpea protein and flour co Nutriati, six months...
IFF has launched SEAFLOUR, a hydrocolloid from red seaweed with particular potential in higher-protein plant-based milks made with pea or soy, enabling formulators to offer cleaner labels and shorten their ingredients lists.
After two years of focusing internally to navigate pandemic-related supply chain, labor and other challenges, Keurig Dr Pepper will begin to look outward once again for inorganic opportunities, including mergers & acquisitions, partnerships and minority...
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
Russia’s ongoing invasion of Ukraine is taking a toll on major CPG companies, including PepisCo and Mondelez, both of which reported a hit to annual profits yesterday due to restricted production and sales in the countries and surrounding area as well...
After taking a hit early in the pandemic, sales of impulse purchases are beginning to rebound – but they look different now than before the outbreak as brands and retailers redefine the category to better align with consumer needs and lifestyles reshaped...
Netherlands-based NutriLeads has received a letter of no objection from the US Food and Drug Administration (FDA) regarding the Generally Recognized as Safe (GRAS) status of its upcycled immune health ingredient, BeniCaros.
The ingredients supplier is investing €50m in the new facility to make protein concentrate, starch rich flour and hulls from faba beans – a crops that comes with ‘convincing sustainable credentials’, Beneo’s Christoph Boettger tells FoodNavigator.
Bracing for an “asynchronous” recovery in 2022 with “many new chapters and challenges,” The Coca-Cola Co. is prepared to quickly respond to local market conditions with a mix of price adjustments, package differentiation and “ever-sharper” promotional...
Moolec Science – which has developed a ‘molecular farming’ platform to produce plants that express animal proteins – is developing genetically engineered peas and beans containing bovine and porcine proteins that it claims can improve the taste, texture,...
