News
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Brand Holdings buys plant-based nutrition brand Healthy Skoop
US holding company Brand Holdings has announced the acquisition of Healthy Skoop, a plant-based protein powder brand, from private equity firm Seurat Investment Group. Based in Colorado, Healthy Skoop offers an assortment of breakfast protein powders and daily proteins, which are paired wi...Read more -
ADM to close South Carolina soybean plant amid cost-cutting drive – Reuters
Archer-Daniels-Midland (ADM) is set to permanently shutter its soybean processing facility in Kershaw, South Carolina later this spring, as part of a broader strategy to streamline operations and reduce costs, according to Reuters. The decision follows ADM’s earlier announcement outlining plans t...Read more -
Oobli raises $18m in funding, partners with Ingredion to accelerate sweet proteins
US sweet protein start-up Oobli has partnered with global ingredients company Ingredion, as well as raising $18m in Series B1 funding. Together, Oobli and Ingredion aim to accelerate industry access to healthier, great-tasting and affordable sweetener systems. Through the partnership, they will b...Read more -
Lidl Netherlands cuts prices on plant-based foods, introduces hybrid minced meat
Lidl Netherlands will permanently lower prices on its plant-based meat and dairy substitutes, making them equal to or cheaper than traditional animal-based products. This initiative aims to encourage consumers to adopt more sustainable dietary choices amidst growing environmental concerns. Lidl h...Read more -
FAO and WHO release first global report on cell-based food safety
This week, the UN’s Food and Agriculture Organization (FAO), in collaboration with WHO, published its first global report on the food safety aspects of cell-based products. The report aims to provide a solid scientific basis to begin establishing regulatory frameworks and effective systems ...Read more