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IFF completes $26.2B merger with DuPont unit
UPDATE: Feb. 1, 2021: International Flavors & Fragrances announced the company completed it merger with DuPont’s Nutrition & Biosciences as scheduled and will continue trading under the symbol IFF. The combined company has an estimated 2020…
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ADM invests in microbiome fund
Consumers are increasingly interested in the connection between gut health and immunity. What began with lactobacillus in yogurt has spread into an array of functional probiotic and prebiotic strains that consumers are interested in introducing…
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Reformulated Beyond Burger arrives in grocery stores in May
UPDATE: April 27, 2021: The reformulated Beyond Burger, designed to taste meatier and juicier with 35% less fat and fewer calories than 80/20 ground beef, will arrive in grocery stores next week. It will be sold in…
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Gluten Free Oreos coming to stores in January
While consumers are willing to eat gluten-free, there is some debate as to whether they are doing so for health reasons or due to allergies. Studies have shown that the majority of consumers eating gluten-free…
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Mars buys Kind North America
Better-for-you and clean-label snacks are taking the industry by storm, providing strong reasons for Mars to fully acquire Kind North America. According to Innova, 91% of consumers believe food and beverage options with recognizable ingredients…
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Unilever sets $1.2B sales goal for plant-based products
As a leading company in the CPG space, Unilever is no stranger to sustainability and nutritional targets. It set its first goals along these lines 10 years ago. But the new targets are much steeper,…
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Cargill upstart predicts $1B in sales as demand for healthy ingredients surge
For a company that generates more than $100 billion in sales each year, Cargill is adamant that its one-year-old division focused on animal and human health ingredients is run with the mindset of a startup.The…
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SunOpta sells global ingredients division for $390M
SunOpta’s ingredients business recorded $488 million in net sales for the 12 months ended Sept. 26. However, the Canada-based company is opting to offload this revenue stream in favor of greater sales in the plant-based…
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Barry Callebaut debuts high performance and sustainable chocolate line
Many consumers have turned to sweets as a way to make the pandemic gluconate de zinc 30 mgmore palatable, making this launch from Barry Callebaut well timed. According to data from the National Confectioners Association,…
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Younger consumers want more fat, study finds
The increased demand for fat has coincided with consumers shunning carbs and sugar. People are increasingly linking the consumption of these food groups with unhealthy eating habits, and are actively working to eliminate them from…