The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Plant-based
Elian receives €40m investment from COFIDES to fuel plant protein production in Barcelona
Barcelona-based agri-business company Elian has welcomed the Spanish Development Financing Company COFIDES into its share capital with an investment of €40 million.
Plenish expands into flavoured milk alternatives with new Dark Cocoa and Sea Salt Almond Drink
Carlsberg Britvic-owned Plenish has expanded into the flavoured milk alternatives category to launch its new Dark Cocoa and Sea Salt Almond Drink, launched via Ocado.
Crespel & Deiters expands functional ingredients portfolio with new wheat and fava protein crisps
German ingredients manufacturer Crespel & Deiters has launched two new high-protein crisp ingredients for functional food applications: Lory IsoCrisp Fava Protein and Lory IsoCrisp Wheat Protein.
Califia Farms adds two new coconut coffee creamers to US portfolio
Califia Farms is broadening its US portfolio of dairy-free coffee creamers with two new coconut-based additions, launched at Whole Foods stores last week.
Major CPG players launch The PaperFlex Consortium to drive paper-based flexible packaging innovation
A new initiative – The PaperFlex Consortium – has launched today, comprising six global consumer goods companies, aiming to accelerate the development of responsibly designed paper-based alternatives to flexible plastic packaging.
Hain Celestial to sell international business to Aurelius in $323m cash deal
US-headquartered Hain Celestial has entered into an agreement to sell its international business to global private equity firm Aurelius, aiming to streamline its portfolio and create a more ‘focused’ North American business.
Symplicity debuts new fermented roast ahead of autumn and winter
UK plant-based brand Symplicity has debuted its new Cranberry & Sage Roast at Waitrose stores, described as an indulgent centrepiece with ‘deep umami flavour’ built through slow fermentation.
EU launches new strategic framework for agri-food research and innovation
The European Commission has this week unveiled its Communication on a new Strategic Approach to Research and Innovation for agriculture, forestry, rural areas and food systems.
Leon Grocery expands microwaveable pouch range with Red Thai-Style Lentil Curry
Leon Grocery has expanded its portfolio of microwaveable pouch meals with the addition of a new Red Thai-Style Lentil Curry, now available at Sainsbury’s and Ocado.
NotCo sells Brazil operations to Ferrara, reportedly shuts down Mexico business
Chilean AI food-tech company NotCo has confirmed it has sold its operations in Brazil to local investment firm Ferrara, owner of a portfolio of natural food brands in Brazil and the US.
Beyond Meat continues expansion in plant protein space with new Phytosphere range
Beyond Meat, now also known as Beyond The Plant Protein Company, is continuing its diversification outside of meat alternatives with a newly launched range, Phytosphere.
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