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Home » Topics » Breaking News

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NerdFocus_900

Beverage USA Holdings Inc. Acquires Nerd Beverage Corporation

Drink infused with nootropics and adaptogens acquired by private beverage group with sights set on international expansion
July 22, 2020
Beverage USA Holdings Inc. announced the acquisition of the assets of Nerd Beverage Corporation, a mental acuity drink company designed to disrupt the industry as it enhances focus, concentration, memory and energy with powerful nootropics and performance-boosting nutrients.
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Brakebush_1_900

Brakebush Expands NAE Chicken Product Line

Brakebush offers a portfolio of chicken fed an all vegetarian diet and raised with no antibiotics
July 22, 2020
Brakebush introduced two new items to add to its extensive no antibiotics ever (NAE) chicken portfolio: an NAE Panko Coated Portioned Tender and a Homestyle Pepper Boneless Wing. Both new items are fully cooked, and can be prepared baked or fried.
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BK_Methane_Emissions_900

Burger King's Whopper sandwiches with Reduced Methane Emissions Beef to be Sold at Select US Restaurants

The Burger King® brand partnered with top scientists to develop and test a new diet for cows, which aims to reduce daily methane emissions
July 22, 2020
According to the United Nations' Food and Agriculture Organization, livestock is responsible for approximately 14.5% of global greenhouse gas emissions. Cows release methane, a greenhouse gas that traps the sun's heat and warms the planet, as a by-product of their digestion.
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InsightsNow_0720_900

Study Shows Shoppers Seek Products to Lift Mood, Satisfy Cravings

InsightsNow research indicates changing consumer behavior, and predicts impact on consumer product companies during COVID-19
July 22, 2020
The current tracker data shows consumer purchase motivators are shifting to satisfy psychological mood lifters and sensorial cravings as the coronavirus pandemic continues. While functional health and safety were found to be important during early stages of the pandemic, those motivators have decreased in importance as consumers report seeking out experiences to change their mood.
Read More
Joywell_900

Joywell Foods Closes $6.9M Series A Financing

Funding will accelerate sweet protein platform development, commercialize consumer concepts, and establish partnerships with better-for-you CPG partners
July 21, 2020
Joywell Foods, a food technology company developing a sweet protein portfolio, announced the closing of a $6.9M Series A financing round. The round was led by Evolv Ventures, a venture fund backed by Kraft Heinz.
Read More
Bell_900

Bell Flavors & Fragrances Strengthens Sensory, Regulatory, Culinary and Flavor Teams

Company promotes and hires 10 new team members
July 21, 2020
Bell Flavors and Fragrances announced the promotions of three team members, and hiring of seven new employees. Promotions include: Nicole Iwicki to senior sensory scientist, and Joann Molloy and Valerie Seaholm’s promotion to regulatory analyst.
Read More
FlowersFoods_900

Flowers Foods Announces Strategic Organizational Realignment To Drive Brand Growth And Product Innovation

Company to host webcast on Aug. 7 to discuss second quarter results, strategic priorities, and long-term targets
July 21, 2020
Flowers Foods, Inc., producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, announced organizational structure changes designed to increase focus on brand growth, product innovation, and improving cake business operations.
Read More
ArdentMills_900

Ardent Mills Announces Corporate Social Responsibility Program

New report highlights the company’s sustainability goals and progress, with a renewed focus to help build a more sustainable food system
July 21, 2020
Ardent Mills, the premier flour and ingredient company, announced its new Corporate Social Responsibility (CSR) program and Fiscal Year 2020 (FY20) CSR Report. The new program expands on the company’s sustainability initiatives and is part of its continued commitment to positively impact the environment and local communities. 
Read More
Oatly_900

Oatly to Expand with $200 Million Equity Investment

Oatly’s founders will reinvest in the company’s growth by providing additional capital
July 17, 2020
As minority shareholders, the new investors will join the company’s existing partners, including Verlinvest-CR JV and the company’s founders, on Oatly’s dynamic journey. As part of this transaction, Oatly’s founders will also be reinvesting in the company’s growth by providing additional capital.
Read More
Food Industry News

Home Chef Announces Collaboration with Impossible Foods

Home Chef will offer recipes for customers to exchange traditional animal-based proteins for the plant-based Impossible Burger
July 17, 2020
Home Chef, one of the leading meal kit delivery companies with 3.5 million meals delivered each month, announces a new collaboration with Impossible Foods. Each week, Home Chef will offer several recipes where customers can choose to swap out traditional animal-based proteins for the award-winning, plant-based Impossible Burger as part of its "Customize It" feature.
Read More
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