USA: Kellogg to invest $100 million in start-up businesses
US-based cereal and snack giant Kellogg has announced its plans to set up a new venture capital fund, called Eighteen94 Capital, which supports growth of food firms by funding $100 million in developing new businesses of new food, ingredients, packaging and technology. With an aim to make “minority investments in companies pursuing next-generation innovation, bolstering […]
Japan: Asahi launches Wilkinson Dry Cola
Japan-based beverage multinational Asahi is to expand its Wilkinson brand of carbonated soft drink range, first introduced in 1904, by introducing a new Dry Cola flavour. Tagged “Carbonation X Cola”, the new variety offers “a new type of stimulation” by combining strong carbonation and “polished” water with a dry cola flavour. The flavour and strong carbonation […]
Gama Innovation Award: Fazer Vegetable Bread
Gama Innovation Award – Positioning MANCHESTER – 28th June 2016: This month, the Gama Innovation Award – Positioning goes to a new product that brings the nutritional power of vegetables to the bread category – Fazer Vegetable Bread. Fazer, the Finnish bakery firm, is set to test consumer perceptions in the bread category with “a new kind of […]
Chile: Idilia Foods launches Cola Cao sweetened with stevia
Food and drinks firm Idilia Foods is extending its established Cola Cao dairy-based powder drink with a new version sweetened with stevia, according to a report in Tecno Mercado Retail. Available in Chocolate, Strawberry and Vanilla options, Cola Cao with Stevia is said to contain “richer energy” and to be sugar-free , while still providing the […]
Gama Innovation Award: La Fontaine A Yaourt Yoghurt Drink
Gama Innovation Award – Packaging MANCHESTER – 27th June 2016: Bringing new dispensing technology to the yoghurt space, La Fontaine A Yaourt Yoghurt Drink is the recipient of this month’s Gama Innovation Award – Packaging. Literally translating as “The Yoghurt Fountain”, La Fontaine A Yaourt Yoghurt Drink fom France-based Yeo Frais (part of the Sodiaal group) is […]
Portugal: Mimosa launches half-yoghurt, half-jelly dessert
Portuguese dairy company Mimosa has released a layered product that is said to be half jelly and half yoghurt, creating a new category within its range of yoghurt products. According to a report in Distribuicao Hoje, the new product is described as “double layered non-fat yoghurt and jelly” and aims to constitute “the good part […]
Gama Innovation Award: Happy Tree Maple Water Cold Brew Coffee
Gama Innovation Award – Product MANCHESTER – 24th June 2016: The Gama Innovation Award – Product for June goes to Happy Tree Maple Water Cold Brew Coffee, uniting recent trends for cold brewing and ‘plant waters’ in the non-alcoholic drinks industry. Released by US firm Happy Tree – “the innovator of the first cold pressed / HPP […]
USA: Coca-Cola invests in Aloe Gloe
Soft drinks firm Coca-Cola has announced an investment in aloe vera drinks company Aloe Gloe through its Venturing & Emerging Brands (VEB) unit. Aloe Gloe is a part of LA Libations, an emerging beverage incubator founded by Danny Stepper, Pat Bolden and Dino Sarti who first met while working as merchandisers for Coca-Cola Enterprises. Aloe Gloe produces […]
USA: Teasdale Foods to acquire Mesa Foods
Teasdale Foods, a provider of private label and branded beans, hominy, peppers, sauces, corn and seasoning products that is majority owned by private equity firm Snow Phipps Group, has announced that it is acquiring Hispanic foods firm Mesa Foods. Founded in 1984, Mesa is an industry-leading producer of private label tortillas, flatbreads, taco shells, taco kits and […]
India: Nestle in product launch push
FMCG multinational Nestle is set to release a swathe of new product launches in India as it seeks to reinvigorate its business in the country in the wake of the Maggi instant noodles controversy, the Times of India reports. According to the newspaper, the Swiss-based firm will be launching around 25 products across a range […]