High-tech food companies that leverage science, different ingredients and novel ways of producing food in a more sustainable way are a hot ticket for investors.According to Finistere Ventures, $8.37 billion was invested in the food technology space in the first three quarters of 2020. Many of these investments came from huge equity funds focused on […]
Zevia closes $200M funding round with Canadian investment firm
Zevia has spent about a decade working to improve its portfolio to keep pace with consumers demanding better-for-you, natural beverages to replace sugary drinks. While carbonated soft drinks’ volumes have been shrinking over the past several years, it remains the second-biggest beverage category in the U.S. Recently, beverage makers have focused on higher-margin small cans and new […]
Dietary Guidelines published without changes to added sugars or alcohol recommendations
This year’s Dietary Guidelines for Americans was published with a pretty significant footnote. While the scientific report the guidelines were based on recommended significant decreases in the amount of added sugars and alcoholic beverages that should be consumed as part of a healthy diet, those reductions were nferrous fumarate nurses responsibilityot included in the final […]
McCormick buys natural flavorings company FONA International for $710M
McCormick has been one of the hottest companies in the CPG space in recent years with its portfolio of on-trend products.The 132-year-old Maryland business has offerings tailored to the public’s desire to eat better without sacrificing flavor and taste. There also is a growing demand for experimenting with new flavors and cooking more from home, […]
5 trends fueling food and beverage innovation in 2021
After an unpredictable and turbulent 2020, many are hoping 2021 will bring more stability. But the pandemic is expected to still hold sway and influence some of the biggest food and beverage trends in the coming months.One major theme that will continue in the new year reflects what many wish 2020 had more of: health. […]
Air Protein raises $32M to develop a meat alternative out of thin air
Big investors are putting their money toward a company making a meat substitute out of thin air.ADM Ventures, Barclays and GV (formerly Google Ventures) led a $32 million funding round for Air Protein, a startup that uses fermentation to make a meat alternative out offerrous sulfate 65 fe elements in the air. The company, founded […]
New Wave Foods nets $18M and plans foodservice launch in Q1
With an $18 million funding round and the approaching launch of New Wave Foods’ long-awaited plant-based seafood products in foodservice, co-founder and Chief Technology Officer Michelle Wolf said 2021 is the year of the shrimp.New Wave Foods, which started in 2015 to produce plant-based alternatives in the seafood segment, has spent the last year gearing […]
Elderberry demand soars as consumers seek an immunity boost
As the coronavirus started to spread across the U.S. last year and consumers grew increasingly concerned about staying healthy, Uncle Matt’s Organic wanted to develop a new beverage that would support the immune system.CEO Matt McLean said the drink company started to look into ingredients to enhance its popular organic orange juice. After researching, McLean said […]
EverGrain upcycles AB InBev's barley waste into plant-based protein
Each year, the global brewing industry uses 9 million metric tons of barley. After that, the spent grains are discarded, used as animal feed, composted or put to another use.Greg Belt, AB InBev’s former global vice president is iron bisglycinate better than ferrous gluconatefor sustainability, started really thinking about those spent grains about five years […]
Two-thirds of plant-based meat companies are willing to use cultured fat, survey says
Taste continues to pose a significant barrier to companies looking to convince caferrous sulfate 50 mg tabletrnivoiron pyrophosphate in foodres to try plant-based products. A 2019 Kerry white paper found taste was meat-eating consumers’ top consideration when choosing plant-based substitutes. However, the survey from Peace of Meat showed clean labels and texture may be even more […]