Impossible Foods, one of a new wave of Silicon Valley-backed companies promising to “transform the global food system”, has raised $108m in its latest round of financing, and says its first product – a plant-based burger that precisely replicates the...
The UK government is calling on businesses, scientists and agricultural producers to submit their proposals for salt, sugar, fat and fibre reformulation with the chance to win up to €13.5 m in funding.
Russian biscuit market leader Mondelēz International has begun producing Oreo in Russia and plans to enhance distribution and marketing support to leverage the brand.
Danish enzymes and ingredients giant Novozymes has said its new enzyme solution means conversion of starch in to sweeteners can be done for lower costs and with fewer raw materials and energy inputs.
UK-based speciality ingredients producer Tate & Lyle PLC has confirmed that a UK court has awarded American Sugar Refining (ASR) damages of £18m (€24.9m) after the firm brought legal action.
One key to a successful Kickstarter campaign is to create “stretch goals” that incentivize existing backers to find more investors to help unlock additional rewards, advises Michael Salguero, founder of the grass fed meat delivery service Butcher Box.
Three class action lawsuits brought in California allege Mars, Nestlé and Hershey use child labor to produce their best-selling chocolate brands. The firms say they are tackling the issue and will fight the cases.
Reka, one of Turkey’s largest edible oil processors, has secured a €45m loan from the European Bank for Reconstruction and Development to help it expand its operations.
Corbion has successfully patented a proprietary acid powder coating technology, using partially-neutralised acid instead of fat coatings, the company announced.
FMC Corporation will open a new European Innovation Center in Denmark next year, creating a hub for its technical and material experts to improve product development.
Cradoc’s Savoury Biscuits will join 15 other Welsh food and drink manufacturers on a trade mission to Scandinavia in a bid to find new trading opportunities and “sustainably grow” the Welsh food and drink industry.
Synergy Flavours has launched a new flavour range for protein and weight loss supplements, designed to work with more protein types, and satisfy consumer demand for more variety.
Leatherhead Food Research has been bought out of administration by the Science Group for £1.6M in a move that will rid the organisation of its legacy pension deficit, the buyer revealed.
All eyes are now on Cargill and Evolva as they prepare for the 2016 launch of fermentation-derived steviol glycosides Reb D+M. However, Vancouver-based GLG Life Tech Corporation says it is confident it will ultimately be capable of breeding stevia plants...
New sources of protein from edible insects to hemp are being incorporated into a growing number of products from bars to beverages. But does microalgae have what it takes to become a serious player in the so-called ‘alternative proteins’ market?
Scotland’s food and drink sector turnover has grown at twice the UK rate since 2008, taking it to a record £14.3bn in 2013, according to the Scottish government.
The European Commission (EC) has approved the acquisition of Belgian firms AOR NV and AOR Plastics NV by Archer-Daniels-Midland UK, under the EU Merger Regulation.
Hassad subsidiary Zulal Oasis plans to supply up to 70% of Qatar’s vegetable demand with home-grown produce by 2023, through the use of patented greenhouse technology.
British firm Lewis Pies will start exporting a range of frozen pies to the Middle East after signing a new sales and distribution agreement with the Yearsley Group.
Quorn Foods is remaining quiet on reports that acquisition firm Nomad Foods and chip giant McCain Foods are preparing takeover bids for the meat-free food manufacturer, as it revealed a 50% boost in production capacity to meet surging export demand.
Associated British Foods (ABF) has revealed its adjusted operating profit will fall for the 52 weeks to September 12, by at least £30M, due to a significant weakening of the euro.
Frutarom has acquired 79% of Spanish firm Nutrafur in a €10.3 m sale which will help the company develop its portfolio of natural plant extracts for food preservation, says Frutarom.
Many multinational food and beverage brands are missing their biggest chance to address climate risks, according to the global non-profit group CDP, which says companies need to work closer with suppliers to improve agricultural emissions.
Nomad Foods, the new owner of frozen food company Iglo Group, has reported a £392M loss in the six months to June 30 as the investment firm eyes other potential acquisitions.
US firm Hearthside Food Solutions will buy Dutch healthy bar producer VSI for a reported €108.5m, along with a new US factory for production of VSI’s products.
Egyptian snack maker Edita will build a new 55,000 square-metre factory to produce its newly-acquired Hostess product lines, the firm announced as it revealed flat Q2 profits.
Players in the protein category – especially those focused on the center of the plate – are behind the curve when it comes to flavor and need to rethink their strategy to capture and hold modern consumers’ attention, according to flavor and seasoning...
Ingredients giant Ajinomoto has announced a business alliance with Japanese flavour and fragrance firm T.Hasegawa which will see the companies use fermentation technologies to develop natural flavours.
The Norwegian national investment fund has cut ties with four major Asian companies, citing the risk of ‘severe environmental damage’ as a result of palm oil plantations.
Lindt & Sprüngli has reported a double-digit rise in net income as it weathers steep price hikes in key commodities such as cocoa, hazelnuts and almonds.
Belgium-based Lotus Bakeries has seen its share price jump to a near 52-week high after it acquired two-thirds of UK-based snack firm Natural Balance Foods on Monday for about £60m (€85m).
Nestlé says Nespresso innovations – such as a further expanded Grand Crus range, additional cafes and boutiques, and even automated outlets – are keeping the coffee business in good shape against increased competition.
