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Food Industry News

Moonstone Nutrition Receives Support from the Accelerator Fund to Develop Products to Support Kidney Health

Moonstone's patented alkali citrate formula, created by top kidney doctors, is an over-the-counter beverage designed with ingredients known to prevent the formation of kidney stones
September 30, 2020
Moonstone Nutrition, a Pittsburgh-based startup that has developed products to prevent kidney stone formation and promote overall kidney health, announced receipt of an investment from the Accelerator Fund II, LLC., an organization sponsored and managed by the Pittsburgh Life Sciences Greenhouse that makes early stage investments in life sciences companies located in western Pennsylvania and outside the region.  
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Food and Beverage Industry Trends

New Report Shows Largest National Reduction in Beverage Calorie Consumption

Independent analysis marks third consecutive year of notable calorie declines as sales volumes continue to increase
September 30, 2020
Independent evaluator Keybridge LLC released its annual report on progress toward a nationwide goal, set by the beverage industry and the Alliance for a Healthier Generation, to reduce the calories and sugar Americans get from beverages. The report noted that 2019 saw the largest single-year reduction in calorie consumption and the third consecutive year of declines since the launch of the initiative.
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Harris Woolf Almonds Introduce Almond Powder, Almond Oil Products

These products continue Harris Woolf Almonds’ industry leadership by exceeding market demands for improved quality and usefulness
September 30, 2020
Harris Woolf Almonds provides manufacturers and formulators with exceptional value by bringing to market two products: a GMO-free roasted almond protein powder that packs flavor, and an unrefined almond oil made from 100% food-grade almonds, traceable right back to the grower.
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Conagra Brands Taps into Footprint's Materials Science to Continue Progress Towards Meeting Sustainability Goals

Conagra expands use of bowls made from plant-based fibers through collaborative partnerships
September 30, 2020
Conagra Brands announced new products featuring bowls made from plant-based fibers for Healthy Choice Power Bowls, new Hungry-Man Double Meat Bowls and P.F. Chang's Ramen single-serve meals. By using plant-based fibers instead of plastic, the carbon footprint of manufacturing the bowls is reduced by 50 to 70% across select product lines.
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MGP Ingredients Names New Technical Expertise

Yvette Hirang Joins MGP as culinary chef, Sarah Corwin as principal scientist
September 29, 2020
MGP Ingredients, Inc. has named Yvette Hirang its new culinary chef, an integral role as the company addresses the plant-based foods trend with its recently launched ProTerra® textured wheat and pea proteins. She joins the R&D team at MGP’s technical center in Atchison.
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lil’gourmets Veggie Meals Debut at Target’s New Fresh Kids Snacking Destination

Organic food start-up brand will now be featured across the retailer’s Midwest locations
September 29, 2020
lil’gourmets, announced a partnership with the fresh food innovation in Target’s newly-created Fresh Kids Snacking Destination. Target shoppers will now have access to lil’gourmets veggie meals in the chilled Produce aisle of select Target stores across seven Midwest states, as well as Target.com.
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Fats & Oils Influence Consumer Packaged Food Choices

New research finds that consumers monitor fats and oils in packaged foods at a rate that has remained steady since 2013
September 29, 2020
Much has changed in consumers’ buying behaviors regarding foods, but their attention to the fats and oils in the packaged foods they purchase remains consistent, according to Cargill’s most recent FATitudes™ survey, conducted during the COVID-19 pandemic.
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Edward & Sons Expands Distribution of Coconut Milk Products

Native Forest® Organic Curry Coconut Milk was previously only available at Whole Foods Market
September 29, 2020
Native Forest® Organic Curry Coconut Milk was previously only available at Whole Foods Market, but will now be sold at numerous other retailers and online as well. In addition, Native Forest® introduced a companion product – Guar gum-free USDA Certified Unsweetened Organic Turmeric Coconut Milk.
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Chr. Hansen to Sell Natural Colors Business to EQT

EQT plans to invest in natural colors, strengthen its digital infrastructure, sustainability capabilities and supply chain setup
September 28, 2020
Chr. Hansen Holding A/S and the EQT IX fund announced that EQT has agreed to acquire the Natural Colors Division, a subsidiary of Chr. Hansen, the global bioscience leader and developer of natural solutions for the food, nutritional, pharmaceutical and agricultural industries. The purchase price amounts to EUR 800 million.
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'Project Potluck' to Promote Representation of Black, Indigenous, People of Color in the Consumer-Packaged Goods Space

CEOs from a dozen cousins, Beanfields and Mason Dixie Foods band together to advocate for diversity through community, events and mentorship
September 22, 2020
Looking to promote positive, long-lasting change, Ibraheem Basir, Founder and CEO of A Dozen Cousins, started Project Potluck as a first-of-its-kind organization to help BIPOC thrive in the CPG industry by tackling the inherent bias in hiring, networking gaps, lack of access to capital for diverse founders and more.
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