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RealCaliforniaMilk_900

Real California Milk Excelerator Announces Semi-Finalists in Personal Health & Wellness Product Innovation Competition

3rd Annual California Milk Advisory Board and VentureFuel Initiative showcases emerging dairy-based functional food, beverage and beauty products for consumer's changing lifestyles
August 11, 2021
The 2021 Real California Milk Excelerator taps into the thriving functional foods market, which has grown significantly, and is projected to reach more than $275 billion globally by 2025. In this year's competition, each semi-finalist's product is made with cow's milk dairy as the first ingredient, while making up at least 50% of the formula.
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SKU_Accelerator_900

SKU to Expand into Atlanta

The accelerator now operates BeyondSKU in New York for natural products, ImpactSKU in the Twin Cities for purpose-driven brands and SKU Dallas
August 11, 2021
SKU, a CPG accelerator, will expand into Atlanta in Spring 2022 to help serve as a catalyst for the Southeast's consumer-products industry.
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Paqui_OneChip_21_900

2021 Paqui One Chip Challenge

This year’s tortilla chip is coated with two totally peppers, the Carolina Reaper and Scorpion Pepper
August 10, 2021
This year’s tortilla chip is coated with two totally peppers, the Carolina Reaper and Scorpion Pepper
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Flavorman_Weddle_900

Flavorman Appoints New Strategy Leadership

Louisville-based beverage developer welcomes industry veterans to leadership team
August 10, 2021
Flavorman, a beverage development company, announced that Scott Weddle and Peter Eberle have been named chief operating officer (COO) and chief strategy officer (CSO).
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Cargill_Sanderson_900

Cargill, Continental Grain Company to Acquire Sanderson Farms for $203 per Share in Cash

The combination of Sanderson Farms and Wayne Farms will create a best-in-class US poultry company with a high-quality asset base
August 9, 2021
Cargill, Continental Grain Company, and Sanderson Farms, Inc. reached a definitive agreement for a joint venture between Cargill and Continental Grain to acquire Sanderson Farms for $203 per share in cash, representing a total equity value for Sanderson Farms of $4.53 billion.
Read More
Pepsico_900

PepsiCo Announces Portfolio Optimization Actions for Juice Businesses

The juice businesses delivered approximately $3 billion in net revenue in 2020
August 5, 2021
PepsiCo expects to use the proceeds from the sale of these assets primarily to strengthen its balance sheet and to make organic investments in the business.
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ItoEn_Taiyo_Matcha_900

Taiyo, ITO EN Partner

Move to bring premium, authentic, ceremonial Japanese green tea and matcha products to North America
August 5, 2021
Green tea company ITO EN, global suppliers of authentic, organic ceremonial green tea and matcha powder, partnered with Taiyo International, to supply high-quality matcha to the food, beverage and supplement industries in North America.
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GreatLakes_Wellness_900

Great Lakes Gelatin Company Rebrands as Great Lakes Wellness

Collagen industry pioneer unveils new look, while moving away from “anti-aging” mindsets to promote a pro-aging mission
August 4, 2021
In an environment where “anti-aging” has become the norm, Great Lakes Wellness is championing a unique viewpoint on getting older by embracing all the positives that come with it.
Read More
Prova_K_Thomas_900

Prova Names New Sales Leadership

Kristen Thomas joins as midwest sales manager
August 3, 2021
Anne Vlahos, vp sales, for  PROVA Inc., announced  that Kristen Thomas joined the company as midwest sales manager. In this role, Thomas  will manage key accounts for PROVA in the Midwest US, as  well as develop new accounts within this territory.
Read More
Food Industry News

Nobell Foods Raises $75M Series B To Introduce Cheese Made from Plants

Nobell's patented approach to making dairy from plants is the result of more than four years of research and development
August 3, 2021
Founded and led by Magi Richani, Nobell creates key dairy proteins, including casein, from high-quality soybeans, enabling the brand to make cheeses that taste, smell, melt, stretch, and even age like those made from animals, and challenging the way we talk about, think about, and eat cheese.
Read More
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