The South Korean company has invested nearly $100 million globally over the past year in plant-based or animal-free food companies
July 30, 2021
SK Inc.'s investments are intended to accelerate the development of new food sources, such as plant-based and animal-free foods. These emerging food sources can help create more environmentally friendly methods of food production and make nutritious food options accessible to more consumers globally.
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.
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.
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.
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.
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.
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.
ON DEMAND: The webinar will provide the audience with an overview of the economic pressure and consumer concerns in the current food market during COVID-19, and what to expect in the future. Ingredion will highlight insights and capabilities that can help manufacturers maintain their margins while delighting consumers with more affordable food choices.
ON DEMAND: According to the research organization, Statista, the sales of cold-brewed coffee are forecast to reach nearly $1 billion by 2025, growing at a compound annual growth rate (CAGR) of 24 per cent from the base year of 2015.
ON DEMAND: The dramatic rise in demand for bread during the pandemic intensified the need for efficiencies in formulation and production at commercial bakeries of all sizes. At Bartek Ingredients, we deliver innovative acidulant-based solutions that help bakers overcome the unique formulation challenges they face.
In partnership with Deerland’s Family First platform, a content series helping product marketers connect consumers with the science-supported health product solutions they seek, this webinar will provide you with the information needed to formulate and market products to address the unique needs of family-conscious, health-minded consumers in today’s complex landscape. Read More