Lantmännen Invests in Milk Alternative Brand Sproud
Swedish agri-food group Lantmännen has made a strategic investment in Sproud, a local plant-based milk-alternatives business. This acquisition involves approximately 10% of Sproud, although the...
Tag : dairy alternatives
Hungary to Limit Profit Margins on Food Products
Starting mid-March and continuing through the end of May, Hungary will implement restrictions on profit margins for 30 specific food items. Prime Minister Viktor Orbán...
Misha Acquires Dairy-Free Cheese Brand Vertage
Misha’s has acquired fellow US dairy-free cheese supplier Vertage, significantly broadening its product range in response to “growing consumer demand” for alternative cheeses. This acquisition...
Joriki in Canada Seeks Creditor Protection
Joriki, the co-manufacturer of plant-based milks for Danone and Walmart in Canada, has initiated a process for creditor protection. Recently released documents on the website...
Consumers May Be Misled by Food Labels: ECA Audit Report
European consumers face increasing risks of being misled by a growing array of “confusing” and “misleading” food labels, asserts the European Court of Auditors (ECA)....
Plant-Based Meal Replacement Brand Sperri Launches in the U.S.
Sperri, a Canadian company specializing in plant-based meal replacement beverages, has recently received new funding aimed at supporting its expansion into the US market. This...
New DairyX Casein Technology Revolutionizes Dairy-Free Cheese Outlook
The Israel-based food tech start-up DairyX Foods has made significant strides in dairy protein production via precision fermentation, eliminating the need for cows. This innovative...
Formo Secures Investment from Rewe for Animal-Free Cheese Production
Animal-free cheese start-up Formo has successfully secured $61 million in Series B funding from notable investors, including German retail leader REWE. Founded in 2019 and...
Elmhurst 1925 Expands into Plant-Based Meat Sector
US dairy alternatives supplier Elmhurst 1925 is making a strategic move into the plant-based meat sector. The company has recently introduced a plant-based chicken product...
US Moves Forward in Efforts to Lower Salt Levels in Packaged Foods
The US Food and Drug Administration (FDA) is advancing its initiative to prompt food manufacturers to significantly decrease sodium levels in their products. Ultimately, the...