International

San Francisco startup’s plant-based ‘salmon’ burger could make waves in the protein segment

[18 April/Food Dive] Terramino Foods has created a fake salmon burger out of fungi and algae, according to Fast Company. It looks, tastes and smells like salmon and is a complete protein source with omega-3 fatty acids. It however contains less fat. Terramino Foods co-founders, Kimberlie Le and Joshua Nixon, completed an accelerator program run...

Drug Made From Cannabis Plant Gets Backing From FDA Staff

[18 April/Bloomberg] A medication that could become the first derived from marijuana received backing from the staff of the Food and Drug Administration in the U.S. GW Pharmaceuticals Plc provided substantial evidence of the drug’s effectiveness, according to a report by FDA staff. The drug would treat seizures associated with epilepsy. The risk-benefit profile appeared...

HelloFresh Taps Spoiler Alert to Cut Food Waste by 65%

[17 April/AgFunder News] HelloFresh had reduced its landfill bound waste by 65 percent in less than a year. They contacted Spoiler Alert in 2017 and began a pilot with their New Jersey distribution centre in July. They had also reduced waste-hauling pickups by 44 percent and nearly doubled the percentage of unsold inventory donated to...

Veolia promotes circular economy with launch of organic marketplace

[16 April/Food Navigator] Veolia hoped that the digital revolution would bring a potential 100 million tonnes of organic resources into the economy through the launch of BioTrading, its new organic trading platform. It said it aimed to make it easier for manufacturers to buy and sell products as well as convert waste streams into cash...

White Castle goes highbrow? Now famous slider can come with fake beef

[12 April/CNBC] Plant-based meat will be introduced into the White Castle slider. The burger uses a patty made by Impossible Foods who engineer plant-based ingredients that taste like beef. It will be named the Impossible Slider. White Castle CEO, Lisa Ingram, said plant based proteins were growing and that they felt it was a good...

Soylent meal-replacement drinks to be sold at Walmart

[11 April/Food Dive] Soylent meal replacement products will be sold at Walmart stores from this month. They will stock products in Cacao, Vanilla Latte and Coffiest varieties. Soylent is currently being sold in over 2,500 7-Eleven stores, was the number one grocery product on Amazon in January and continued to grow customer numbers on its...

DanoneWave rebrands to Danone North America and becomes largest company to receive B-Corp Certification

[12 April/Dairy Reporter] After a year as DanoneWave, the company has rebranded to Danone North America and become the largest Certified B Corporation in the world. The certification is managed by B Lab who promotes the development of innovative corporate structures. There are over 2,400 Certified B Corporations worldwide. Companies are required to complete a...

Cricket Muffins, Anyone? Canadian Food Giant Bets on Insects

[12 April/Bloomberg] Maple Leaf Foods Inc is investing in a company that saw crickets and whole-roasted insects as a more sustainable alternative to meat. Maple Leaf Foods have provided series A funding to Entomo Farms who will use the cash to expand production of cricket and mealworm ingredients. Alternative forms of protein comprised a fast-evolving...

Australian wine records tumble as exports to China crack lucrative $1 billion mark

 [16 April/ABC News] Statistics show the Australian wine industry’s exports are the highest they have been in a decade. This is due to China reinforcing itself as a boom market for the Australian product with a 51 percent yearly growth in exports to the country. According to data from Wine Australia, there was a 16...

Campbell Soup names COO as part of sweeping reorganization

[6 April/Food Dive] The always changing food industry has caused Campbell Soup to restructure. It will improve its focus on its core soup and snacks division as well as increasing its presence in health and well-being. Campbell soup spent $5 billion to acquire Snyder’s-Lance who manufacture popular snack brands. This was the catalyst to the...

JM Smucker to buy Ainsworth Pet Nutrition for $1.7 billion, and may sell Pillsbury

[4 April/CNBC] J.M. Smucker will acquire pet food and pet snacks maker Ainsworth Pet Nutrition for around $1.7 billion. This will strengthen its pet food portfolio in the fast growing pet food market. They also planned to explore options for its U.S. baking business which includes Pillsbury and Martha White. The baking business was expected...

Alberstons to roll out Plated meal kits to hundreds of its stores by end of year

[5 April/CNBC] Alberstons planned to release its Plated meal kits to hundreds of stores this year. They acquired Plated last summer and plan to make it available through home delivery which as the reason to do the deal according to Plated Co-Founder and CEO, Josh Hix. They planned to further strengthen their partnership beyond selling...

Spanish police seize 50 tons of products at meat company

[9 April/Food Navigator] Spanish police seized 50 tonnes of meat products which included some that were expired for more than three years. Items were distributed in restaurants, hotels and schools in Mallorca. Three people were arrested and the company had stopped operations. It was possible that tainted meat had been consumed but there were no...

Amazon says food warehouse isn’t subject to FDA food rule

[10 April/Food Safety News] Amazon did not see the need to register a Kentucky food warehouse with the Food and Drug Administration. Regional Operations PR Manager for Amazon Strategic Communications, Shevaun Brown, said she did not see any problem and that food and safety were Amazon’ stop priorities. Companies that transport and store food were...

France becomes first country to ban plastic cups and plates

[CNN/20 September] France became the first country to ban disposable cups and plates. All disposable tableware will be made from 50% biologically sourced materials that can be composted at home by 2020. France wanted to become a world leader in environmental and energy solutions. 4.73 billion cups are thrown away each year in the country...

Amazon targets French grocery market with Monoprix deal

[28 March/Reuters] Amazon had made further inroads into food retail in France as Casino’s upmarket Monoprix Chain became the first local retailed to sell groceries via Amazon. According to one source, Amazon and Casino were negotiating a deal in Brazil. The deal was to either partner or sell Casino’s appliance and electronics chain Via Varejo....

Australian government defends kangaroo meat industry

[29 March/Global Meat] The Australian Federal Department of Agriculture has backed the kangaroo meat industry despite delisting’s’ from UK retailers. The government said the industry had a reputation for producing high quality, safe and healthy meats which were in global demand. Other retailers such as Tesco have been criticised for kangaroo products. Australia exported around...

Are pineapples the new avocado?

[28 March/Food Navigator] Tesco revealed that pineapple sales were the fastest growing fruit in the UK. There was speculation that it might overtake avocados. Pineapple sale growth was beating avocado demand growth by around half. The versatility of pineapples was one of the main factors causing the growth, according to Jaquemet. Consumers use pineapples as...

Danone completes the sale of part of its stake in Yakult for $1.6bn

[28 March/Dairy Reporter] Danone, a French dairy company, announced they had sold $24.6 million shares of Yakult for approximately $1.6 billion. This corresponds to a valuation multiple of thirty nine times their 2017 net income. Proceeds from the transaction will be used to continue deleveraging and invest in accelerating organic growth and maximising efficiencies in...

Nestle unveils ‘hollow sugar’ candy bar

[29 March/Food Dive] Nestle will bring their first chocolate bar made with its new sugar reduction technology into the market this week. Milkybar Wowsomes contain no artificial sweeteners and are labelled as containing 30 percent less sugar. Nestle scientists developed a porous sugar that dissolves faster in the mouth according to a release by Nestle....

Canada wants clearer warnings on junk food. The US is using NAFTA to stop them

[26 March/CNBC] The obesity crises is now worldwide. In Chile, health officials were trying to revolutionise nutrition labelling. In Canada 26 percent of adults are obese. They were considering becoming the first high-income country to adopt a warning system. However, if American trade representatives prevail they will not be able to implement this as they...

Breaking: Food Traceability and Safety Software FoodLogiQ Raises $19.5m from Pontifax, Tyson

[29 March/AgFunder News] FoodLogiQ has raised a $19.5 million series A round. They are a software platform aimed at mitigating food safety traceability issues. The round saw participation from a diverse range of investors. The platform offered supplier management, food safety compliance, quality incident management, recall management and whole chain traceability. Founder and Managing Partner...

China hits back at US with tariffs

[2 April/Radio NZ] China responded to America raising duties on foreign steel and aluminium by imposing tariffs of up to 25 percent on US imports. According to Beijing, the decision was to safeguard China’s interests and balance losses caused by new US tariffs. China did not want a trade war however Donald Trump said trade...

NMPF hails victory over plant-based ‘milks’ in spending bill, PBFA says claims have ‘zero legal significance’

[23 March/Food Navigator] The omnibus spending bill that was passed by the US Congress directs the FDA to enforce dairy standards of identity to crack down on plant-based imitators, according to the National Milk Producers Federation (NMPF). The Plant Based Foods Association (PBFA) said the paragraph in question had no legal significance. NMPF President and...