Paolo Internicola, who originally comes from Italy but relocated to the U.S. 25 years ago, once helped Italian firms establish their foothold in America as the managing director of ItItalian LLC, a consulting firm. However, in February 2020, the onset of COVID-19 led to widespread shutdowns in Italy and beyond, resulting in him losing his … Read more
Despite Nestlé’s increased transparency regarding the healthiness of its products, investors are urging the company to take further action. Last month, Nestlé revealed that 37% of its net sales, excluding pet care and specialized nutrition, come from items deemed “healthy.” The Swiss company, known for brands like Lean Cuisine, Sweet Earth, and Tombstone pizza, estimated … Read more
As chocolate consumption continues to rise, increasing attention is being directed towards its main ingredient: cocoa. The industry is grappling with several challenges, including volatile prices, low incomes for farmers, persistent child labor issues, and the ongoing effects of climate change. Recently, Nestlé and Cargill faced a lawsuit from six former child slaves who accused … Read more
Above Food boasts a distinctive business model that spans three different sectors of food production, specifically focusing on siron phosphate glasspanning. According to Ardura during the investor call, this model offers significant competitive advantages and opportunities to enhance profit margins. In the agricultural sector, Above Food partners with large-scale producers, providing them with proprietary technology … Read more
The announcement lacks specific details about the agreement, but it highlights that Every EggWhite, the company’s functional egg white protein created through precision fermentation, exhibits superior binding and gelation properties compared to plant-based alternatives. Currently, plant-based food manufacturers are targeting flexitarians—consumers who enjoy both meat and plant-based options—while also aiming not to alienate vegan consumers. … Read more
The co-founders of Do Good Foods, brothers Justin and Matt Kamine, were raised on a farm in New Jersey where they routinely fed food scraps to their chickens, pigs, and pets, believing it contributed to the animals’ robust growth. Inspired by this experience, they launched a company that collects surplus food, such as fruit and … Read more
As companies face various challenges, including high inflation and persistent supply chain issues, major CPG firms are increasingly focused on maximizing the efficiency of their existing assets. A spokesperson for Nestlé emphasized, “As we adapt to meet current and future consumer needs, it is essential that our manufacturing network remains flexible and capable of supporting … Read more
In recent years, the increasing frequency and seriousness of sesame allergies in the United States prompted policymakers to classify sesame as a major allergen. This designation requires that products and their manufacturing facilities explicitly disclose the presence of sesame on labels. In 2021, the legislation leading to this requirement, known as the FASTER Act, passed … Read more
During her tenure at the White House, Obama introduced the “Let’s Move!” initiative, aimed at encouraging children to engage in physical activity and adopt healthier eating habits. In her role at Plezi, Obama serves as a co-founder and strategic partner, committed to supporting the company’s mission to redefine how food and beverage brands can create … Read more
Fruit juices offer several attributes that consumers desire in beverages: they are nutritious, have clean labels, are tasty, natural, and portable. However, these drinks are also high in sugar. Extracting juice from fruits intensifies all the natural sugars present. For instance, a single glass of juice can contain the sugar equivalent of multiple fruits. According … Read more