PepsiCo joins circular shopping platform Loop in reusable packaging pilot

USA – Food and beverages giant, PepsiCo has joined the grocery platform Loop launched by global recycling organisation, Terracycle to promote reusable packaging and reduce plastic waste. PepsiCo said it will be offering Paris consumers two of its brands, Tropicana Orange Juice and Quaker Cruesli Chocolat Noir, in reusable containers, as part of a market…

Givaudan to acquire Vietnamese flavor company Golden Frog

VIETNAM – Swiss flavors and fragrances company, Givaudan has announced that it has agreed to acquire Golden Frog, a Vietnamese company owned flavor house for an undisclosed sum. The acquisition is part of the company’s 2020 strategy to strengthen its naturals capabilities and its presence in the high growth markets of Asia Pacific. Established in…

Mars partners with Israeli venture fund to foster food innovation

ISRAEL – Mars Incorporated has partnered with Jerusalem Venture Partners (JVP), an Israel based venture capital fund to enhance innovation focused on food, wellness, agriculture and nutrition. The collaboration will see the partners work with leading academic research institutions with a goal to promote foodtech solutions in Israel. The partnership involves a research and development…

Cargill invests in Israeli startup Aleph Farms to underpin protein focus

ASIA – Cargill is investing in Israeli cultured meat company, Aleph Farms which has raised US$11.65 million in a series A round of funding. According to Cargill, the investment diversifies its protein interests to meet future consumer demand and complements its focus on animal protein. The round was led by VisVires New Protein and also…

Nestlé publishes data to drive transparency in food waste challenge

UK – Global food and drinks giant, Nestle has released data about its food waste to the public in a strategy to enhance transparency as it strives to reduce food loss and waste across the UK. The company has also published targets to reduce food loss in its operations as part of the UK Food…

Impossible Foods raises US$300m from investors including celebrities

USA – Impossible Foods has raised US4300 million in series E funding round from investors including celebrities Jay-Z, Katy Perry, Serena Williams, Jaden Smith, Trevor Noah and Zedd. The latest round of funding was led by the company's major, previous investors Temasek, a Singaporean investment company, and Horizon Ventures, a venture capital firm in Hong…

Muller launches low-sugar variants of Müllerlight and Müller Corner brands

UK – Muller has announced that it is launching new recipes for its Müllerlight and Müller Corner yoghurt brands, containing 9% less sugar, more protein with thicker and creamier texture. The new variants were developed following the discovery of a new yogurt culture last year, which combines two yogurt strains: Streptococcus thermophilus and Lactobacillus bulgaricus…

Unilever’s Graze introduces Wow Bakes range of oat-based snacks

UK - Graze, the UK-based snack brand owned by Unilever, is launching a new oat-based snack line that contains under 100 calories per serving. Called Wow Bakes, the range will be available in four flavours: chocolate sea salt, honeycomb crumble, sticky toffee and lemon drizzle. Graze said the wholegrain products have been created in response…

Ingredion launches corn-based clean label starch for lower-fat products

USA – Ingredion has unveiled a new corn-based clean label starch suitable for production of indulgence textures in healthier foods such as lower-fat and lower-calorie products. NOVATION Indulge 2920 starch enables food producers to improve mouthfeel by offering the same functionality as a modified starch while replacing or reducing ingredients such as fat and oil,…

Global food firms commit to phase out industrial transfats by 2023

SWITZERLAND – Global food and beverage companies and members of the International Food and Beverage Alliance (IFBA) have pledged to phase out industrially produced trans-fat from the global food supply by 2023. The twelve food and beverage giants have agreed to adopt enhanced worldwide commitment to phase out industrially produced trans fats (iTFAs) from their…