RUNA on course to generate $10m in revenues in 2016
RUNA – a Brooklyn-based beverage brand utilizing the caffeine-rich Amazonian leaf guayusa – is on course to generate revenues of approximately $10m in 2016, up from around $6m in 2015.
RUNA – a Brooklyn-based beverage brand utilizing the caffeine-rich Amazonian leaf guayusa – is on course to generate revenues of approximately $10m in 2016, up from around $6m in 2015.
The nascent meat bar category is filling up fast, but there is still plenty of room for products that target niche consumers beyond the “Whole Foods Crowd,” according to the CEO of Country Archer, which is one of the latest companies to enter the segment.
A Chinese investment management company will establish a specialist food and agriculture fund worth up to A$1bn (US$760m) in Australia to establish a vertically integrated supply chain between the countries.
The number of new UK grocery product launches has dropped by 13% in the face of supermarket price wars and food is the worst hit, according to a new IRI report.
NPD
Kellogg has unveiled a raft of limited-edition products to tap the arrival of the fall season.
Two new cases of Salmonella enteritidis are being investigated in Finland after an earlier outbreak linked to imported organic mung bean sprouts.
The European Commission has asked the European Food Safety Authority (EFSA) to update its scientific opinion on the appropriate age for introduction of complementary feeding for infants.
Product recalls cause a ripple effect costing everyone from the farmer to the grocery store, according to the owner of Wish Farms.
DISPATCHES FROM IFT
Consumers are confused over the healthiness of saturated fats, worried about chemical contaminants in processed oils and turned off by labels cluttered with additives to extend shelf and fry life. So what are the options? At this year’s IFT,...
IFT 2016 in review
Consumers increasingly are seeking products that they are simple, with ingredients that they can pronounce, benefits that thy understand and minimal processing, but as a leading Mintel analyst noted at IFT’s Food Expo in Chicago “simple” isn’t always so...
KRā, a 90-day-old sports drink company started by three business professionals in the Chicago area, says it is filling a void in the sports hydration market with its USDA Certified Organic sports drink line.
The US and Brazil have completed a long-awaited two-way trade deal for beef exports, with a flow of meat expected to start in 90 days.
South Asia radius
A “packaged roti” for a market that has been turning its back on homemade breads in favour of more convenient products with longer shelf-life is now available from a range of baking solutions by DuPont.
Gourmet coffee wholesaler DTS8 Coffee Company has plans to expand into the world’s fastest growing coffee-shop market by acquiring existing coffee chains.
A TÜV SÜD food testing lab in India has been accredited for three years.
Australian authorities are investigating an increase in Salmonella illnesses with a link to eating rockmelons.
Research into how food viscosity and hardness are determined may provide the food industry with insights into how to enhance the texture of foods, adding to their appeal and satiety.
The Netherlands’ biggest retailer, Albert Heijn, has pledged to reduce the sugar in its private label products by between 10 to 40% and will introduce a colour-coded branding system for its soft drinks.
A fermented soybean extract that claims to help prevent blood clots is safe for use in food supplements, the European Food Safety Authority (EFSA) has concluded following a novel food application from a Japanese company that sparked member state concerns.
Owners of US restaurant Dirigo Public House have created an enormous 100lb sirloin steak burger to celebrate the company’s one-year anniversary.
Demand for plant proteins continues to rise, and pea protein’s sustainability, non-allergenicity and non-GMO message is edging the ingredient to a tipping point.
LGC is attempting to establish the uptake of water in chicken raised and processed in the European Union as part of measures to ensure consumers are not sold water at the price of poultry meat.
French imports of lamb have fallen dramatically over the past six months and consumption has also declined, but production has hit record levels.
Fera Science has launched a service using Whole Genome Sequencing (WGS) to identify the source and trace the route of bacterial contamination.
Milled whole cricket powder is probably the best known bug-derived food ingredient aside from red food color carmine. But what other delights might edible insects yield for food formulators? Elaine Watson caught up with bug enthusiast Dr George Cavender...
Fonterra Co-operative Group Limited says there is no change to its forecast farmgate milk price, and that less milk is being produced globally.
China
Chinese sucralose prices have been rising sharply this year due to supply restrictions. According to Mintec, the commodities analyst, they increased 47% month on month in June, and 56% from April to May.
Poultry meat importers risk “polluting their supply chains” by relying on Thai producers that abuse workers’ rights and must press them to uphold the law, according to a prominent migrant rights activist.