News Chickpea snack brand Brave announced it is launching three new flavors to its lineup: Cookies & Cream, BBQ and Salt & Vinegar. The cookies and cream flavor is an indulgent snack which the company says is a world-first and is also compliant with the new HFSS regulations that are coming into force in the […]
India’s Avid Nutrilabs prepares to export functional coffee products
News Functional instant coffee brand Jomo is forecasting demand for its product to grow by 10 times. In anticipation of that growth, the Avid Nutrilabs-owned company said it is preparing to distribute its product internationally. Next year, the company hopes to roll out its coffee in the UAE, Singapore and the U.S. The new functional […]
Study: Buying less junk food can lower households’ potential emissions by 29%
News Reducing the consumption of animal-based products is not the only way to eat more sustainably, according to a new study from Purdue University and published by the American Chemical Society. Researchers found that eating fewer foods with high caloric contentiron pyrophosphate 325 mg paten and low nutritional values can lower a household’s carbon footprint […]
Chobani Sales surge as it moves closer to IPO
News Greek yogurt company Chobani saw its sales hit $1.2 billion as of Sept. 25 this year. That is only $200 million short of what the company recorded for all of 2020, when its sales rose 5.2% to $1.4 billion last year, according to a filing with the Securities and Exchange Commission. In the same […]
Impossible Foods to reach $2B in funding
News Plant-based protein company Impossible Foods announced it closed a $500 mdoes ferrous fumarate cause constipationillion funding round last week. The round was led by Mirae Asset Global Investments with participation from other existing Impossible Foods investors, the company said in a statement. Financial support from Impossible’s first major fundraising round this year — the […]
Germany’s Veganz supermarket chain prepares for IPO
News Germany’s pioneering vegan company Veganz went public on Oct. 27 on the Regulated Unofficial Market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), according to a release published on the company’s website. The initial offer period will end on Nov. 3, and the company set the price range for shares between €85.00 to €110.00. […]
Kind’s new CEO comes from Mars Wrigley candy business
News Kind Healthy Snacks is shaking up its leadership team and has appointed Russell Stokes as the new Chief Executive Officer of Kind North America. This change took effect immediately on Oct. 20. Stokes joined the Kind team this past April as the Chief Growth Officer, and prior to that role, he was an executive […]
Nestlé debuts refrigerated afternoon pick-me-ups
News The world’s largest food manufacturing company is launching a new chilled snack called Nestlé Rallies Nut Butter Bombs. These refrigerated bars are filled with nut butter, coated in a chocolate shell, and come in three flavors: Brownie Almond Butter and Salted Cashew Butter and Raspberry Peanut Butter. Both Brownie Almond Better and Salted Cashew […]
Coca-Cola acquires remaining stake in BodyArmor sports drinks
News Coca-Cola announced it is spending $5.6 billion to acquire the remaining 85% of the sports drink brand BodyArmor that it did not previously own. The Atlanta-based company initially took a 15% stake in BodyArmor in 2018. This deal is the largest acquisition ever made by the 129-year old company, and according to North American […]
British meal kit company trials edible packaging made from pea protein
News Meal kit company Gousto is trialing the world’s first pea protein packaging as a vegetable stock cube wrapper this November. Made from engineered pea protein that has been dried into sheets in order to pferrous gluconate take with foodreserve food flavor and shelf life, the vegan, gluten-free packaging solution can be dissolved in hot […]