Author: admin
-KH News Desk (cbedit@imaws.org) The flagship Future Food-Tech San Francisco event will take place on March 16–17, and Future Food-Tech has now announced an exclusive innovation challenge with The Kraft Heinz Company as part of it. The goal of the challenge is to find creative ways to maximize tomato power while delivering on taste, nutrition, affordability, sustainability, and/or convenience. The Innovation Task Companies are urged to demonstrate proof of concept and prototypes because Kraft Heinz is interested in a wide range of solutions, including ingredients, processing, and packaging technologies, as well as finished goods. Startups are encouraged to submit applications…
-KH News Desk (cbedit@imaws.org) Santiago-based NotCo, a food tech business, has raised $70M in Series D1 funding, which was primarily driven by Princeville Capital. NotCo uses a unique artificial intelligence (AI) platform dubbed “Giuseppe” to bring a new level of sophistication to the formulation of meat and dairy alternatives. The Craftory, Tiger Global, L Catterton, Kaszek Ventures, Future Positive, and Jeff Bezos through Bezos Expeditions are some of the organisations that have previously supported it. Along with Princeville Capital, other recent investors include Marcos Galperin, the founder and CEO of MercadoLibre, the biggest tech firm in Latin America. Along with…
-KH News Desk (cbedit@imaws.org) Through a collaboration with Singapore-based Country Foods, the UK-based Hilton Food Group, a provider of meat, seafood, and plant-based proteins, has expanded into south-east Asia. London-listed According to Hilton, the affiliation will give it access to the regions and channels now served by Country Foods. “The strategic collaboration between the two businesses will deliver new levels of manufacturing and product excellence in Country Foods’ existing sites coupled with ongoing joint exploration for future new manufacturing opportunities,” it said. Singaporeans will be able to purchase Hilton products, including seafood, slow-cooked meats, and Australian cattle, lamb, and pigs,…
-KH News Desk (cbedit@imaws.org) IQBAR, a Boston-based producer of healthier foods, has received a minority investment from Lotus Bakeries’ capital venture fund FF2032. A Series B funding round for IQBAR included the investment, with Lotus Bakeries serving as the primary investor. IQBAR is a brand of plant-based nutrition bars for the keto, paleo, and vegan diets that were established in 2017. Twelve grams of protein and six “brain” nutrients, including choline, omega-3 fatty acids, and vitamin E, are included in each gluten- and dairy-free bar. “The best partnerships are those where all participants think long term and prioritize doing business…
KH News Desk (intern@imaws.org) Star Impex Beverage, a world-renowned indigenous brand with a 35-year heritage, launches Cancro, a breakthrough fitness and wellness product. It is the only low-deuterium drink in India, the second in Asia, and one of six global brands to enter the fortified beverage segment. Over the years, medical research has shown that reducing deuterium levels in tissues and organs is a natural biological process. However, the body’s ability to break down deuterium decreases as we exercise less or get sunny, get sick, and age. The water we normally drink has a higher deuterium level of 165 ppm,…
KH News Desk (intern@imaws.org) The plant-based food industry grew by 49 per cent between 2018 and 2020, according to the Smart Protein Project. In contrast, plant-based beverages are widely recognized in Asia not only as an alternative to dairy products but also as an important nutritional beverage. Given the region’s high rate of lactose intolerance — about 80 per cent of Asians are unable to properly digest lactose — the demand is perhaps not surprising. Soy milk has a history of more than 2,000 years and is a staple of East Asian culinary traditions. However, the soy milk beverage category…
-Akanshya Mukherjee (cbedit@imaws.org) An automated kitchen can increase employee productivity and reduce the possibility of errors. Automation cuts time, effort and costs while reducing manual errors, giving your business more time to focus on your primary goals.
KH News Desk(intern@imaws.org) Atlas Copco, a leader in compressors, vacuum solutions, generators, pumps, power tools and assembly systems, has launched a new range of TCX and TCA process chillers. The TCX series is a compact, all-in-one water chiller with an air-cooled condenser and integrated hydronic module. It is the first series of process cooling chillers in India. TCX chillers are specifically designed to cool water (or a mixture of water and glycol) for a wide variety of industrial processes, including food and beverage, machine cooling and plastics. Anil Dave, Business Line Manager, of the oil-free air division, Atlas Copco India…
-KH News Desk (cbedit@imaws.org) According to Market Research and Competitive Intelligence provider Fact.MR, market research and competitive intelligence provider; the global Soft Drinks Market is estimated to be worth USD 129.3 billion in 2023 and is expected to grow at a CAGR of 3.6% during the period 2023-2033. The market is expected to grow due to increasing consumer popularity and penetration of enhanced beverages in supermarket aisles. Pick-up drinks have gained popularity only among professional athletes and health-conscious people. But under the umbrella of widespread use of social media, global preferences are shifting toward healthier lifestyles and fitness standards, accelerating product…
-KH News Desk Chennai’s famous restaurant ‘Puran Da Dhaba’ in Pride Hotel has recently inaugurated its Punjabi food festival. The restaurant claims, that this time of year is so full of delicious treats waiting for their guests. According to the restaurant, whether it’s a special celebration, a family reunion or a cosy get-together, there is something for everyone.