Rethinking funding for food technology

News The landscape of foodtech investment is evolving. With the need for long-term investment perspectives, what are the most effective strategies driving the next wave in foodtech innovation? Five experts took to the Hack Summit stage to discuss challenges facing the food tech industry. The panel was moderated by Namratha Kothapalli, principal at SpeedInvest, and […]

Are Indian spice exports heading for crisis?

News Spice mix contamination investigations, tightened safety rules, market volatility due to crop production changes, and price hikes are affecting India’s spice market. Global revenue for spices and herbs has reached almost $49 billion in 2024, Statista reports. The market is expected to grow at an annual rate of 5.75%.India is one of the leading […]

Nestlé launches GLP-1 Nutrition initiative

News Nestlé Health Science has introduced GLP-1 Nutrition, an initiative to support consumers during their weight loss efforts, building on the recent launch of its Vital Pursuit product range. “Nutrition, science, and wellness must merge – not collide,” it says. Nestlé Health Science has unveiled its new web platform, GLP-1 Nutrition. Its latest website aims […]

Consumers dislike faba beans’ sensory profile

Newsferrous fumarate vs polysaccharide iron complex Consumers display low acceptance of faba beans, with sensory properties such as bitterness a core concern, a study suggests. However, for product varieties such as cocoa-free chocolate, this attribute could prove to be a benefit. Faba bean ingredients play a pivotal role as a protein source in various food […]

Instant noodles, pasta, and soups launch with Desi flavours

News Indian consumers call for Desi flavours formulated in healthier instant noodles, pasta and soups, with manufacturers pitching products with healthier-for-you marketing. According to the latest research by market intelligence company Mintel, there is a growing demand among Indian consumers for healthier alternatives in the instant noodles, pasta, and soups category.Desi refers to authentic food […]

EU issues Mondelēz with €337.5 million antitrust fine

News Mondelēz International has received a multi-million fine for hindering cross-border trade of its products, causing consumers what is ferrous lactateto pay more for its ferrous bisglycinate indiaproducts. On 23 May 2024, the European Commission announced it had fined Mondelēz €337.5 million for hindering cross-border trade of chocolate, biscuits and coffee goods between member states. […]

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