The funding round led by JVP poised to reduce cultivate meat production costs by 300% making it more affordableErel Margalit JVP Chairman: “Biobetter has the key to scale up production of cultivated meat,make it accessible to consumers globally and protect our planet” FoodTech start-up BioBetter, Ltd., has secured USD10M in its A–round funding. The round
Firmenich, the world’s largest privately-owned fragrance and taste company, today releases its annual Environmental, Social and Governance (ESG) Report, tracking progress toward the group’s groundbreaking sustainability targets. Fiscal Year (FY) 2022 was marked by strong sustainability performance across the Group’s three key pillars, climate, nature, and people, backed by growing, best-in-class independent evaluation and reinforced
The market for healthier food options is now a booming one, with a distinct spotlight on plant-based alternatives. Especially in recent years, the perceived healthier nature of plant-based alternatives has played an influential role in steering consumer interest towards it. Promoting long-term health is a key driver for 70% of people choosing plant-based foods[1]. Coupled
The 2022 California Almond Objective Measurement Report published Friday by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS) estimates that the crop harvested in 2022 will come in at 2.6 billion meat pounds, 11 percent below last year’s 2.9 billion pounds. The estimate is down 7% from NASS’s subjective forecast in May and comes in a
In a very strong field of international finalists which included the corporate giant Barry Callebaut, the UK-based botanical extracts manufacturer Blue Sky Botanics Ltd was announced as runner-up for the 2022 Sustainable Ingredient Award for their FairWild Baobab Fruit Purée. This is the first time that a FairWild-certified product has featured at the prestigious Sustainable Food Awards. For over a decade, the FairWild Foundation has championed the
Conagen, the Massachusetts-based biotech firm, announced the commercialization of an expansive portfolio of natural sweetness enhancers for taste modification in sugar reduction solutions for food and beverages. The enhancers are made with precision fermentation, a technology that has led to the innovation of an extensive platform of phenolic antioxidants. Sweetness enhancers in the market today are
Firmenich, the world’s largest privately-owned fragrance and taste company, is proud to announce the appointment of Dr Eric Frérot as Distinguished Scientist. This nomination acknowledges his successful track-record within R&D, his instrumental role in breakthrough innovations, and his consistent exceptional performance in the field of science. He is one of only seven scientists inside the
Company promotes sustainable agricultural practices Long term business relationship sets foundation for sustainable success As the first company in the industry, Symrise is sourcing Hibiscus verified at Gold level of SAI Platform’s Farm Sustainability Assessment (FSA). Symrise has committed itself to promoting sustainable agricultural practices in multiple crops and regions, including in its hibiscus supply
Lycored has won a prestigious marketing award for its campaigns to inspire inclusive ideas of beauty, self-love and wellness during lockdown. Throughout the pandemic, Lycored carried out a series of initiatives to promote holistic views of beauty and wellness, and raise awareness of ingestible skincare. They were designed to both drive B2B interest in the
With a business heritage of 150 years in food trade, AAK AB (publ.), renowned for its plant-based oils, has issued a senior unsecured bond for a total of SEK 800 million with a duration of 3 years. The bond carries a floating interest rate of 3 months STIBOR plus 165 basis points. The transaction generated
Pharmactive Biotech Products, S.L.U., announces a new strategic partnership with Singapore-based Nutraconnect Pte, Ltd. to bring innovative, scientifically backed nutraceutical ingredients to the Asia-Pacific marketplace (not including Australia and New Zealand). The partnership will combine the strengths of both companies into a greater whole. Pharmactive will provide its well-supported, clean-label botanical extract ingredients, while Nutraconnect
Shot concepts, functional juices and meat-free bolognese: Taiyo’s new developments attracted plenty of attention in Geneva Taiyo, the expert in health-promoting natural ingredients, introduced innovative concepts that generated great interest among visitors to Vitafoods Europe in Geneva. The focus was on Taiyo’s water-soluble ingredients such as Sunfiber, SunActive Mg and combination products like SunCurcumin. Additionally,
“Cocoa commitment” program to start in 2023 Plans to successively convert Group-owned branded products and, additionally, to distribute sustainable cocoa to its partners Sustainably and fairly grown—these are the characteristics of the cocoa beans the KRÜGER GROUP will be using from 2023 for a significant number of the group’s cocoa-based branded products. Therefore the manufacturer
On May 24th, the nationwide Eat a Kiwi Day in Germany will take place for the seventh time. Here is why it is best to eat a kiwi every day. Kiwis are pure indulgence Especially Zespri™ kiwifruit, because they develop with an optimal ripening time. The SunGold™ kiwi is very popular because of its juicy-sweet
EXBERRY® Coloring Foods supplier GNT has published a major new report that sets out its plans to become the leader in its field on sustainability. Each year, GNT produces more than 11,500 metric tons of EXBERRY® concentrates from edible fruit, vegetables, and plants – enough to color over 40 billion servings of food and drink. To ensure the company
