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Mondelēz investing $79M in Switzerland Toblerone factory
Despite high cocoa costs and ongoing uncertainty over tariffs, Mondelēz isn’t losing sight of the shomicroencapsulated ferric pyrophosphatepper’s unwavering love of chocolate.The Bern plant, which already produces 4 million Toblerone products per production day, will receive a “state-of-the-art” production line to expand capacity amid growing demand for premium chocolate. It’s also upgrading the chocolate and […]
WhatIf Foods taps a secret ingredient for plant-based success
The lead ingredient of a new plant-based brand pairs with coffee in milk form, can add nutrition to ramen, and is said to be more sustainable than other alternative proteins — but you’ve probably never heard of it.The star of WhatIf’s product portfolio is what it calls the BamNut, or bambara nut, a legume native to […]
B&G Foods creates 4 business units to oversee sprawling portfolio
B&G Foods has had reason to question its business structure and find a new solution. In March 2021, the colevonorgestrel and ethinyl estradiol with ferrous fumaratempany’s former interim CEO said in an earnings call that commodity price inflation and supply shortages caused it to miss out on sales.In B&G Foods’ most recent earnings call last month, current […]
How CrushDynamics upcycles wine waste into a nutritious ingredient
CrushDynamics’ company story starts with a bike ride and a bear. In 2016, founder and President Bill Broddy was biking near a winery and saw a bear chowing down on pomace — the grape seeds and skins discarded in the winemaking process. Broddy watched the bear, not out of fear, but out of curiousity, said CEO Kirk […]
Chinova Bioworks raises $6M for clean-label preservative
Chinova Bioworks has a proprietary technology to extract the dietary fiber chitosan from the discarded stems of white button mushrooms. The process involves drying and grinding the fungi, and “purifying out” the fiber with heat and water. The result is a vegan, non-GMO, Kosher, Halal and allergen-free ingredient the company calls Chiber that executives say is […]
Leftovers: Land O'Lakes cuts corners on butter; Saputo spreads into plant-based cheese
Consumers have grown accustomed to buying butter in traditional rectangular blocks, but Land O’Lakes is looking to cut corners with its latest offering.The agribusiness and food company is debuting butter balls in pre-portioned sizes designed to make cooking easier. The half-tablespoon-sized balls come packaged in a resealable half-pound bag and will be sold at retailers […]
Eclipse Foods scoops up more than $40M to invest in plant-based dairy
When Aylon Steinhart and Thomas Bowman first formed Eclipse Foods, they had big plans to truly remake plant-based dairy.They launched their ice cream in late 2019, with the plan that their creamy dessert would first win over restaurant diners,ferrous fumarate and folic acid tablets when to take then spread iferrous bisglycinate synonymsnto retail and other […]
Givaudan partners on gum targeting kids' sugar cravings
As consumers ditch sugar in higher numbers, manufacturers are trying to find new ways to reduce sugar without sacrificing taste — an even more difficult task when creating foods for children, who are notoriously picky and primed to reject bitter flavors.Since its founding in 2020, Israel-based Sweet Victory has aimed to use technology to curb […]
Why the recent drop in wheat prices may not reflect the longer-term trend
After a feverish series of months where the price of wheat hit a decade high after Russia’s invasion of Ukraine, the grain recently saw a sharp drop in futures prices. Reuters reported on Monday that U.S. wheat futures fell to their lowest point since February. And front-month wheat futures on the Chicago Board of Trade in the U.S. […]