NETHERLANDS - Dutch meat alternatives innovator, The Vegetarian Butcher, has been working on a plant-based smoked sausage with a traditional taste for the past seven years. According to FoodingredientsFirst, the aim was to create a product that would taste great, even for typical meat eaters. The plant-based food market is growing at double-digit rates and…
SOUTH AFRICA - Gold Brands Investments, a franchising company and owner of ChesaNyama and Bella Italia brands has been suspended on the Johannesburg Stock Exchange (JSE) after the subsidiaries failed to submit their annual reports. Business Day has reported that prior to its suspension, the company’s share price had fallen 81% from its listing price…
TANZANIA - Tanzania’s Longido district council has initiated the construction of US$2.19 million facility that will act as an abattoir as well as meat processing facility in accordance with the industrialization agenda. According to Daily News, this was in line with President Magufuli’s initiative to have more than 100 new industries in every region by…
USA – the Food and Drug Administration (FDA), have reported that it plans to enforce regulations against the use of cannabidiol (CBD) in plant-based foods and beverages. According to the administration, the California Department of Public Health (CDPH) issued a revised FAQ in which it prohibited the use of CBD derived from industrial hemp in…
UK - Kepak Group, one of Europe's leading food innovators in processing and marketing meat proteins, has reached an agreement with Boparan Holdings, Limited, to acquire the UK business and assets of 2 Sisters Red Meat, for an undisclosed sum. The company reported that this acquisition will significantly increase Kepak’s value and scale providing a…
USA - Tyson Foods Inc, an American multinational corporation, is close to acquiring Keystone Foods LLC, a US supplier of chicken nuggets to McDonald’s Corp, according to a source. Bloomberg reported that the company is in exclusive talks with Keystone’s owner, Brazil’s Marfrig Global Foods SA. Representatives of Marfrig and Springdale, Arkansas-based Tyson declined to…
ZAMBIA - The food products and agribusiness company, Zambeef Plc is opening another of its popular Macro outlets in Wusakile, Kitwe as it expands its offerings on the Copperbelt. The new store is an addition to about 24 macro outlets it has opened across the country, and the company plans to launch more modern convenience…
USA - Mosa Meat, a Dutch food technology company, has raised US$8.8 million in funding from German drugmaker Merck KGaA and leading Swiss meat manufacturer Bell Food Group, according to Wall Street Journal. The clean meat company making slaughter-free beef from cattle cells, was founded by Dr. Mark Post (now their Chief Scientific Officer), a professor of…
USA - Cargill and Seoul-based AG Meat, a specialty import meat distributor are partnering to offer premium U.S. beef brand, Excel, in a new concept meat store called ‘It’s Meat.’ According to Cargill, the new meat concept will ensure that its Korean consumers can now purchase high-quality, premium Excel beef at competitive prices. Cargill Protein…
USA - Taste & Nutrition Company, Kerry, is celebrating the US$28.6 million expansion of its facility in Rochester, Minnesota, a project which increases manufacturing capacity at the state-of-the-art facility. FoodingredientsFirst also reported that the expansion includes the addition of a new spray dryer and two 10,000 gallon dryer feed tanks. Kerry’s Rochester facility produces naturally-derived…
