M&As
Mars snaps up premium whole-fruit snacking brand Trü Frü
Mars, Incorporated has acquired better-for-you, whole-fruit snacking brand Trü Frü for an undisclosed amount, the confectionery giant has announced.
Archives for December 21, 2022
Socially-aware, digitally-savvy, health-conscious Gen Z force ‘radical rethink’ of natural colours
Natural colours have undergone a significant makeover. Once seen as too expensive, unstable and unable to deliver vibrancy, these challenges have been overcome by an industry working to deliver on consumer demand for cleaner labels with zero compromise....
Protein-based biopolymers as cultured meat scaffold: ‘The material is affordable, animal-free, scalable and edible’
A consortium of Dutch businesses and academia have launched a five-year research project examining the use of protein-based biopolymers for potential food and healthcare applications. The outcome could have a significant impact on the cultured meat...
Dairy alternatives increasingly seen as complementary to dairy products: survey
Two thirds (67%) of European consumers see plant-based dairy as complementary, not a substitute to dairy products, and ‘an opportunity to try something new’ (65%), new research from ofi shows.
GUEST ARTICLE
Industry Insights from NIZO: New sequencing speeds up identification of microbial contamination in foods
How are new sequencing technologies, combined with multidisciplinary expertise, making it possible to identify microbes in hours instead of weeks, and significantly speed up investigations into how they got into your food or ingredient?
News in brief
Bunge invests $550 million in new protein concentrate facility
Agribusiness giant Bunge has announced it will invest approximately $550 million to build a new soy protein concentrate (SPC) and textured soy protein concentrate (TSPC) facility to meet rising customer demand for plant-based ingredients.
The 'college diet': Soup sales surge as shoppers seek affordable meals and comfort
Soup season is in full swing as temperatures across the country drop and cold and flu cases rise. But staying warm and reinforcing their reserves when sick aren’t the only reasons sales of soup are up significantly this year over last, according to new...
Iron supplementation ‘is beneficial for intelligence’: Meta-analysis
Iron intake was shown to have a positive effect on intelligence scores in children and adolescents from low- and middle- income countries (LMICs), in a new meta-analysis and systematic review.
Brick Meets Click: Online grocery shoppers focus on pricing as sales dip 10% in November
Persistent price inflation weighed on the online grocery business in November, driving a 10% drop in online grocery sales to $7.7bn compared with the year prior, according to a survey from Brick Meets Click/Mercatus.
2022 in review: Rampant inflation, the end of the honeymoon period for plant-based meat, and added sugar under attack
With surging inflation and continuing supply chain disruptions, 2022 has been another challenging year for the nation’s food and beverage manufacturers. Here are some of the highlights (and a few low lights) and a look ahead to 2023.
Lallemand joins Grand Défi Ferments du Futur: ‘A highly strategic program that aims to accelerate innovation in the field of fermented foods’
Lallemand is joining the steering committee of the Grand Défi Ferments du Futur, a ‘highly strategic’ program that aims to accelerate research and innovation in ferments and fermented foods to meet the challenges of agronomy, an ecological transition and...
Growth in non-chocolate candy is outpacing all other confectionery market segments, says NCA report
As 2022 draws to close on what has been a challenging year for many industries, chocolate and candy continues to buck the trend in the US, according to a new report by the National Confectioners Association (NCA) that reveals non-chocolate candy is a...
Seasonal
Frankford Candy celebrates milestone with Christmas gifts
Frankford Candy, the leader in manufacturing and marketing licensed confections and gifts, is celebrating its 75th anniversary with a Christmas holiday giveaway for fans.
Analyst reaction to transaction
Mondelēz sells part of gum business to rival Perfetti Van Melle for $1.3bn
Mondelēz International has announced it has entered into definitive agreements to sell its developed-market gum business in the United States, Canada and Europe to Italian-Dutch company, and European rival, Perfetti Van Melle Group for $1.350bn.
From pastel pigments to psychedelic hues: Which colours will trend in food and beverage 2023 and why?
We investigate the hues on suppliers’ radars and ask about the factors driving these colour trends.
'People want better-for-you versions of their favorite comfort foods...' The rise and rise of CAULIPOWER
While the plant-based meat category has experienced a recent slowdown in growth, demand for plant-based versions of traditional comfort foods is increasing, says cauliflower crust pizza pioneer CAULIPOWER, which has thus far weathered the inflationary...
'Cocoa used to be in a fruit on a tree. Through technology we make it in a cell mass in a bottle...'
Lab-grown cocoa? Celleste Bio backs plant cell culture to solve ‘chocolate supply crisis’
Israeli start-up Celleste Bio is building momentum to disrupt the chocolate supply chain… by growing cocoa in a lab.
New collagen source: New Zealand seafood firm launches ingredient from swim bladder of Ling fish
A seafood supplier based in Christchurch, New Zealand, has launched a collagen ingredient derived from Ling maw – the swim bladder of Ling.
India Focus: Unilever India, stunting and overweight hurdles, snacking market drivers and more feature in our round-up
Unilever India, stunting and overweight hurdles, snacking market drivers and more feature in this edition of India Focus.
Sustainable success: The Top 10 sustainability stories from the APAC food and beverage industry in 2022
Bringing you the top 10 most-read sustainability stories from the APAC food and beverage industry in 2022, featuring news on palm oil, plastic packaging and various regulatory updates from throughout the year.
Optimistic about oats: Vitasoy sees oat milk as key growth avenue across major APAC markets
Beverage giant Vitasoy believes that oat milk is set to be an important avenue of growth for the company across multiple APAC markets including China, Oceania and the Philippines.
Purging plastic pains: Suntory APAC on why alternative materials and recycling efforts needed in unison
Beverage giant Suntory believes that a simultaneous focus on the development of alternative packaging materials as well as better recycling infrastructure are essential to deliver on its sustainability ambitions.