Plant-based seafood startup, Hooked, secures more than $1 million in funding
Swedish seafood alternative brand, Hooked Foods, has successfully raised over $1m in its latest round of funding. The company plans to enter the German market...
Author : FAB Team
Whole Earth Brands Targeted for Complete Takeover by Investor Martin Franklin
The US food and beverage industry is buzzing with news of a potential takeover bid for Whole Earth Brands. The bid comes from Sir Martin...
Fruit Supplier Acquires TasFoods’ Shima Wasabi Unit in Australia
Australian food group TasFoods has sold its Shima Wasabi spices unit to local fruit business Hillwood Berries. In an announcement to the Australian Securities Exchange...
Mara Seaweed forced into administration following withdrawal of funding
Mara Seaweed, a UK supplier of seaweed-based seasonings, has entered administration. The company, based in Glenrothes in Scotland, faced severe working capital issues after the...
Nestlé Abandons its ‘Carbon Neutral’ Claims
In the food and beverage industry, Nestlé, the world’s largest food maker, has made the decision to stop using carbon offsets and withdraw its previous...
Snack Sales Soar Due to Major Streaming Releases and TV Sports
Star Wars: Vision and Star Wars: Young Jedi premiered on streaming service Disney+ on May 4. The next day, data from retail expert Reapp reveals...
Brendan Foley appointed as new CEO of McCormick & Co.
US food giant McCormick & Co. has appointed Brendan Foley as CEO, succeeding Lawrence Kurzius, who held the position for over seven years. Kurzius, a...
Funding secured for Bluu Seafood, a German start-up specializing in cultivated fish
Bluu Seafood, a Germany-based start-up specializing in lab-grown fish, has raised €16m ($17.47m) in Series A funding with the objective of launching its products in...
The Impact of Intelligent Packaging and Products on Consumer Behavior
An Ipsos survey revealed that 67% of American consumers take packaging materials into account when making purchasing decisions, with 72% being influenced by packaging design....
Captain Morgan’s New Black Spiced Rum
The brand emphasizes that rum, specifically spiced variants, is one of the leading categories, making it the largest contributor to the market. Additionally, premium rum...