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Norfund, the Norwegian Investment Fund for developing countries, is investing R80-million in convertible debt in Synercore Holdings, the Paarl-based food ingredient manufacturer, formulator, and distributor to FMCG companies in Africa.
The SA Health Department has published a long-awaited draft of new regulations on labelling and advertising foods. The closing dates for comments on R2986 is end of April.
What to consider during new product development....
Beyond Meat and Impossible Foods wanted to upend the world’s $1-trillion meat industry. But plant-based meat is turning out to be a flop. Here is the Bloomberg article that has generated a great deal of heat....
Mondelēz International reached a deal to sell its gum business in developed markets - the US, Canada and Europe - to Perfetti Van Melle Group, a European gum and confectionery maker, for $1.35-billion.
Few can deny that one of life's greatest gustatory pleasures is that first silky smooth release of fat, sugar and cocoa that comes after biting into a favourite piece of chocolate.
SA's biggest food company, Tiger Brands, has leveraged brand collaborations, academic partnerships and new technology to cook up fresh product innovations to feed its consumers’ changing behaviour and needs, as well as help ease the burden of rising costs.
Food and beverage giant PepsiCo sub-Saharan Africa is boosting production capacity at its Weet-Bix plant in Atlantis, Western Cape with the launch of a new production line.
Meat made from recycled carbon dioxide is on its way. But will it taste good? We reported on the launch of Air Protein in 2019 - here's an update....
Anthony Fletcher, the former head of snack brands Graze and Innocent smoothies, was looking for a new healthy-eating venture when he landed on an unlikely category: donuts.
Shortly after Russia invaded Ukraine, the closely watched food price index of the UN Food and Agriculture Organization (FAO) reached its highest recorded level, stoking consumer prices across the world.
Kraft Heinz is a powerhouse of nearly 200 global brands, showing up in nearly 98% of American households, many of them with out-of-favour dollops of sugar. Here's news of some R&D work it's doing to solve this food science conundrum.
In yet more global ingredients consolidation, biotechnology companies Novozymes and Chr. Hansen will merge, creating another global ingredients giant.
A cohort of new food technologies, highly functional health ingredients, emergent sensory sciences and unique manufacturing processes were recognised at the Fi Innovation Awards, hosted in Paris last week, as part of the giant ingredients expo, Fi Europe 2022 (FiE).
Bel Group may be 150 years old, but the French cheese giant is showing once again that it’s not stuck in the past. Bel is the first cheesemaker to use Perfect Day’s animal-free dairy proteins in a product...
This is an intriguing take on the meal kit recently launched in the US....
While there are questions about how far AI and machine learning can be used in product innovation, a number of global food groups are embracing the technology.
Since the Department of Health announced that Cannabidiol (CBD) can be sold legally, the sale of CBD-infused beverages, soaps, oils and even food has exploded onto the market.
Kraft Heinz has announced that one of its most iconic brands, Philadelphia Cream Cheese, is going all-in on the growing trend of plant-based foods.
Brait, the owner of consumer goods company Premier Group, has backtracked on its plans to list the food manufacturer on the main board of the JSE, citing non-conducive capital markets environment as its main reason.