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Vega_900

WM Partners Acquires Vega

Vega is a pioneer of the plant-based nutrition industry and a brand in plant-based protein powder
July 29, 2021
WM Partners, a certified diverse-owned private equity firm focused on investing in middle market companies and driving value creation in the health and wellness sector, announced that HPH II Investments Master Fund, LP, together with its parallel and feeder funds, through its wholly owned entity, has acquired Vega. Terms of the transaction were not disclosed.  
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Wicked Kitchen Announces $14 Million Series A Funding

New capital could supercharge the plant-based food movement in the United States
July 27, 2021
Wicked Kitchen, the renowned plant-based food brand and UK market leader in plant-based meals, is pleased to announce that it has completed a $14 million Series A funding round. The round was co-led by pioneering plant-based foods venture fund Unovis Asset Management and Thailand-based NRF Nove Foods.
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Natural Brown, Sepia, and Dark Gold Food Colorants Show New Possibilities for Product Developers

Caramel colors account for approximately 80% of all color additives used in foods and beverages
Olivia Conrad
July 27, 2021
Caramel colors are among the oldest food colorings, used in the food industry to impart an appealing appearance to food products since the 1800s. Today, caramel colors account for approximately 80% of all color additives used in foods and beverages, appearing in products such as, spirits, sauces, baked goods, processed meats, and even pet foods.
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Almond Board of California: Nuts About Almonds

Innova Market Insights data show almonds most prevalent in global new product development
July 21, 2021
With global consumers becoming more engaged in purchasing food products that fit into their specific lifestyle choices and address sought-after health claims, the latest findings revealed by Innova’s Global New Products Report demonstrate that almonds are a key ingredient in new introductions that are tailored to fit consumers’ specific lifestyles and health goals.
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Sweegen: Approved for Europe

European officials approve Sweegen’s Bestevia Rebaudioside M for foods, beverages
July 20, 2021
Sweegen will expand its European business after the European Union Commission published its approval of Sweegen’s non-GMO Signature Bestevia Rebaudioside M (Reb M) for use in food and beverages.
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Kemin: Formulate Flour Tortillas

Kemin introduces interactive “Tortilla Doctor” digital tool
July 20, 2021
Designed to solve many process and quality issues, including shelf life extension and operational efficiency, the “Flour Tortilla Doctor” ensures tortilla performance and delivery of a product that consumers will enjoy.
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Planteneers: Plant-based Prepared Foods

Planteneers offers plant-based ingredient solutions for convenience foods
July 19, 2021
Convenience has been a strong driver in the food market for years, in retail as well as out of home. In recent months take-out and delivery models have experienced a tremendous boom. 
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Van Drunen Farms: Organic Dragon Fruit

Van Drunen Farms expands exotic fruit line with freeze-dried dragon fruit
July 14, 2021
One in three global consumers say that exotic flavors influence their food and beverage choices, according to Innova Market Insights’ Top Ten Flavor Trends for 2021.
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Tate & Lyle to be Re-Positioned as Growth-Focused Global Speciality Food & Beverage Solutions Business

Move will create to standalone businesses
July 12, 2021
Tate & Lyle entered into an agreement to sell a controlling stake in a new company and its subsidiaries (“NewCo”), comprising its Primary Products business in North America and Latin America and its interests in the Almidones Mexicanos S.A de C.V (“Almex”) and DuPont Tate & Lyle Bio-Products Company, LLC (“Bio-PDO”) joint ventures, to KPS Capital Partners, LP (“KPS”) (the “Proposed Transaction”). Tate & Lyle and KPS will each own 50% of NewCo with KPS having Board and operational control.
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2021 SPIRIT OF INNOVATION AWARD WINNERS

Seemore Meats & Veggies Finds its Niche with Blended Meat and Vegetable Sausages

After launching in 2020, Seemore Meats & Veggies now ships products to more than 200 Whole Foods Market locations nationwide
July 9, 2021
The newest Chicken Parm sausage from Seemore Meats & Veggies contains chicken, roasted tomatoes, basil, cheese, and toasted breadcrumbs. Seemore Meats & Veggies La Dolce Beeta earned the “Best New Retail Food” honors in Prepared Foods’ annual Spirit of Innovation (SOI) awards. Hear more of Seemore Meats & Veggies’ story when Prepared Foods hosts its SOI Awards ceremony on Wed., July 28 from 11 am to 1 pm EDT.
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