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With consumers clamoring for more plant-based products, the experts at Hormel Ingredient Solutions, an industry leader in protein-based ingredients for prepared foods manufacturers, offers a new line of plant-based ingredient solutions available to food manufacturers across the country.
Financing will enable completion of world’s first commercial pilot facility for producing cell-based seafood, and support plans for market launch in late 2021
BlueNalu, an innovative food company producing a variety of seafood products directly from fish cells, today announced the closing of $60 million in debt financing from new and existing investors. This marks the largest financing to date in the cell-based seafood industry worldwide. Previously, BlueNalu announced completion of its Series A round of $20 million in early 2020, and its Series Seed round of $4.5 million in early 2018.
Chobani, maker of Greek yogurts, oat milks, probiotic drinks, and dairy/plant based creamers, launched Chobani™ Coffee, ready-to-drink coffees that are crafted with single origin cold brew and feature Chobani’s oat milks and dairy creamers.
New flavors of Tyson Instant Pot Kits, Tyson Instant Pot Seasoned Proteins and Tyson Oven Ready Family Size Kits aim to ease the burden and cooking fatigue.
Americans are drinking less milk. Milk consumption has dropped by 40% since 1975 and the trend is accelerating as more people embrace plant-based milk alternatives such as oat, almond, rice, and coconut milk. According to the USDA annual milk consumption data, in 2018, the average person in the US consumed 146lb (17 gallons) of milk, down from 247lb (almost 29 gallons) in 1975.
PowerPlant Ventures announced that the fund has acquired ZICO coconut water from The Coca-Cola Company. PowerPlant Ventures, a growth equity investor, was co-founded and is co-led by Mark Rampolla, who is the brand visionary behind ZICO, which he founded in 2004 and sold to The Coca-Cola Company in 2013.
Sweetened with allulose and monk fruit, this cereal targets consumers following a keto diet or for those simply looking to reduce sugar and carbohydrate intake
Kashi, a pioneer in natural foods, launched Kashi GO Keto-Friendly Cereal — the brand's first keto-friendly offering. Made with 12g of plant-based protein and one gram of sugar, consumers can enjoy the delicious grain-free cereals without guilt.
Whether it’s for a nutritious treat, comfort from stress, or a quick meal, US consumers increasingly turn to fruits, nuts, and ready-to-eat snack foods throughout the day, reports The NPD Group. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 between-meal snacking occasions per capita in 2015 to 530 in 2020, and consumption of snack foods at meals increased from 21% of eatings in 2010 to 26% in 2020.
Solely, an organic fruit jerky and dried fruit brand, launched Organic Whole Fruit Gummies exclusively at Whole Foods Market locations nationwide. The Solely Organic Whole Fruit Gummies contain only two or three ingredients, real whole fruit, Vitamin C, and nothing else. Each pouch contains 0.7oz of fruit and contains 60-70 calories.
Kraft Mac & Cheese announced it is developing and testing the brand’s first-ever recyclable fiber-based microwavable cup. Upon testing completion, the brand will launch a new Kraft Mac & Cheese Shapes variety later in 2021 using the new cup and design.