Articles Tagged with ''food innovation''

ADM celebrated the grand opening of the new ADM Science and Technology Center at the University of Illinois Research Park. The facility quadruples ADM’s footprint at the University of Illinois Research Park and reflects a significant expansion of its capabilities.

SnackFutures, the Mondelēz International, Inc. innovation and venture hub, opened applications for CoLab 2023. This is the third year of the start-up engagement program which was created to bring ‘big and small’ together to drive mutual growth.

Introduced in 1948, McDonald's Speedee Service System revolutionized the way a restaurant could operate. New kitchen processes streamlined crew responsibilities, making it easier than ever to serve customers efficiently. Now, through Speedee Labs, McDonald's will continue to define tomorrow's restaurant solutions. 

For the past few years, the Innova Market Insights list of Top 10 Trends has included a plant-centric trend. This acknowledges the growing presence of plant-based foods and beverages, as well as alternatives to traditional animal-based products. 

PPV Fund III will continue to invest in consumer-facing brands that are better for people and the planet and will focus solely on growth stage companies. PPV Fund III will invest between $15 million and $40 million in target companies as active, primarily minority, investors.

Prepared Foods’ New Products Conference delivers the industry’s most focused look at food & beverage innovation—from consumer insights, product and packaging trends to the new tastes and latest technologies (e-commerce, artificial intelligence, etc) impacting R&D.

Costs for lab-grown meat products are currently higher than those of their conventional counterparts, but with increased volumes, production costs will ultimately be lower than those of factory farming. Clever Carnivore is uniquely positioned to streamline and scale up the cultivated meat production process due to the team’s background in low-cost cell culture media optimization.

The Organic Trade Association’s latest Organic Industry Survey shows consumers returned to more stable, buy-as-you-need shopping patterns in 2021. Between 2020 and 2021, organic sales surpassed $63 billion, with $1.4 billion (2%) total growth over the year. Food sales, which comprise over 90% of organic sales, rose to $57.5 billion (roughly 2% growth), and non-food sales reached $6 billion in sales (7% growth).  

During the 12-week program, founders participate in classes presented by some of the industry’s top experts invaluable to CPG entrepreneurs, including channel strategy, positioning and branding, packaging, labeling and safety, operations and fundraising.