USDA and FDA to jointly regulate animal cell-cultured food products

USA - The United States Department of Agriculture (USDA) and Food and Drug Administration (FDA) have reached a consensus that both the agencies should jointly oversee the regulation of cell-cultured food products derived from livestock and poultry. The joint regulatory framework will see FDA oversees cell collection, cell banks, and cell growth and differentiation. A…

Bill Gates backed meatless burger maker Beyond Meat files for IPO

USA(Bloomberg) - Beyond Meat Inc., the maker of vegan chicken and beef substitutes including the Beyond Burger, filed for a U.S. initial public offering. The company filed with an initial offering size of $100 million, which is a placeholder that’s likely to change. The company’s backers include Microsoft Corp. co-founder Bill Gates and Don Thompson, McDonald’s Corp.’s…

Ingredion launches new clean label potato fiber for meat and savory applications

USA – The food and beverage ingredient corporative, Ingredion has expanded its portfolio with a new clean label potato fiber for bakery, savory and meat products applications. The new Potex and Potex Crown potato fibres allows manufacturers to achieve appealing textures in processed meats and savory applications while in bakery, they optimize consumer appeal. They…

Maple Leaf Foods launches Greenleaf as plant-based food subsidiary

USA - Maple Leaf Foods Inc., a major Canadian consumer packaged meats company, has launched Greenleaf Foods as a plant-based food company dedicated to cultivating and advancing leadership in the fast-growing plant-based food sector. Supporting its category-leading brands, Field Roast Grain Meat Co. and Lightlife Foods, Greenleaf plans to build a robust portfolio of brands and…

Vivera announces introduction of 100% plant-based hamburger in Europe

EUROPE - Vivera, the fastest growing producer of plant-based meat alternatives in Europe, has announced the introduction of the highest quality 100% plant-based hamburger. Accordiung to the company, it claims to have achieved the highest quality vegan hamburger currently available, and that Sainsbury's will be the first to sell the fresh (uncooked) 'Veggie Quarter Pounder'. Earlier…

BRF CEO Pedro Parente to leave company in mid-2019

BRAZIL - Chief Executive Pedro Parente of Brazilian meat packing company BRF SA has announced plans to leave the company and that the current Chief Operating Officer Lorival Luz would succeed him in the CEO role. According to Reuters, Parente told investors and analysts after a presentation in Sao Paulo that he will still participate…

Africa focused equity firm Phatisa raises US$121m for second generation fund

AFRICA - Phatisa, a sector-focused African private equity firm has closed its second generation fund, Phatisa Food Fund 2 (PFF 2) at US$121.5 million with a target to reach US$300 million by mid-2019. PFF 2 will focus on investments in the African food value chain that is; mechanisation, inputs, poultry and meat production, food processing…

Danish Crown appoints Andrew Cracknell as new CEO of Tulip Food Company

UK - Danish Crown, a global meat processing company, has appointed Andrew Cracknell as the CEO of its UK business Tulip, four months after Steve Francis stepped down from the role. According to FoodBev, Cracknell started his career with the ABP Food Group more than 25 years ago. Having worked in both the fresh and…

AIF, Kenchic, SALL, CCBA, Wrigley’s and EABL take top positions in Plant of the Year Awards

KENYA- The food industry in the Eastern and Southern Africa regions is on the upswing, in terms of new investments in new plants and expansions, as evidenced in the just concluded Africa Food Industry Excellence Awards, held on September 14 at Safari Park Hotel, Nairobi, Kenya. Courtesy of the entries received in the highly prestigious…

Cargill introduces a new range of label-friendly potato starches for meat and meat alternatives

USA - Cargill, an American privately held global corporation, has introduced a new portfolio of label-friendly functional native starches with the addition of three potato starches designed for meat, meat alternatives and culinary applications. According to the company, it is designed for mild processing conditions, these starches offer superior viscosity and improved sensory experience, without…