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BlueNalu_900

BlueNalu Secures $20 Million in Series A Financing

The financing will enable BlueNalu to develop a production facility, implement strategic alliances for global operations and distribution, and prepare for market launch
March 3, 2020
This financing will enable BlueNalu to develop a good manufacturing practices (GMP) pilot production facility in San Diego, expand its world-class team, implement strategic alliances for global operations and distribution, and prepare for its market launch.
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Beneo_Inulin_900

BENEO to Expand Chicory Inulin Production

Higher global volume due to capacity increase of production facility in Chile by 2022
March 3, 2020
BENEO, one of the leading manufacturers of functional ingredients, has announced a significant expansion for its chicory root fiber production facility in Chile by 2022, funded by an investment of more than 50 million Euro.
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Food Industry News

Westrock Coffee Company Completes Purchase of S&D Coffee & Tea

The transaction, valued at $405 million, creates an integrated coffee, tea, and extract company
March 2, 2020
The transaction, valued at $405 million, creates the nation’s leading integrated coffee, tea, and extract company serving retailers, restaurants, convenience stores, commercial accounts, and the hospitality industry.
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Kerry Acquires Pevesa, a Plant Proteins Organization

Acquisition expands Kerry’s position as a leader in the rapidly growing global market for non-allergenic and organic plant protein ingredients
February 28, 2020
The acquisition enhances Kerry’s leadership position in the hydrolysed plant protein space for specialized nutrition, and expands the company’s capacity to serve the rapidly growing, high-quality, organic plant protein market.
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Tyson Foods Logo

Tyson Foods Positioned to Meet Global Protein Demand

Company’s strengths include scale, portfolio, global footprint and financial track record
February 26, 2020
At the Consumer Analyst Group of New York (CAGNY) annual conference, Tyson Foods, Inc. CEO Noel White, reiterated that “Tyson Foods’ scale, diversified portfolio, international footprint and financial track record uniquely position the company for continued, long-term growth at a time when there’s growing global demand for protein.”
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Sadlers_Smokehouse_900

Hormel Foods Acquires Sadler’s Smokehouse Business

Sadler’s Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats
February 24, 2020
Sadler’s Smokehouse is a family-owned business that specializes in premium and authentic pit-smoked meats.
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WholeFoods_Logo_900

Whole Foods Market Announces Winners of Annual Supplier Awards

Local, regional and national brands celebrated for outstanding quality, environmental stewardship, organic integrity, innovation, purpose and partnership
February 24, 2020
Whole Foods Market awarded three national suppliers, those available in four or more Whole Foods Market regions, and 11 local and regional partners with “Supplier of the Year” recognition and honored others for their contributions in categories aligned with Whole Foods Market’s mission.
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brekki_900

Cedar’s Foods Team Acquires brekki Overnight Oats

Global oatmeal market is expected to grow at a CAGR of 4.2% to account for $14.08 billion in 2027
February 21, 2020
The combination of brekki’s superior product and the Cedar’s leadership team’s 155+ years of food industry experience means brekki is now positioned to lead this growing market.
Read More
Jungbunzlauer_900

Jungbunzlauer Increases Xanthan Gum Production Capacity in Austria

The expansion will further strengthen Jungbunzlauer’s capacity to provide high quality xanthan gum grades in numerous applications
February 21, 2020
Driven by growing customer demand across the food and industrial segments worldwide, the company has made a substantial investment in new, state-of-the- art fermentation and purification equipment as well as a new, fully automated packaging line.
Read More
AEB_MadeReal_900

Consumers Respond to Made With Real Eggs Certification Seal

Research suggests 84% of consumers more likely to buy food products displaying REAL Eggs seal
February 21, 2020
As consumers continue to demand authenticity and transparency in the foods they buy, the American Egg Board (AEB) released new research showing the new Made with REAL Eggs® certification seal reinforces positive brand perceptions and encourages purchase.
Read More
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