PepsiCo-owned Quaker Oats has collaborated with South Korea snack maker Lotte Confectionary to enter the fast-growing Korean cereal market currently dominated by Kellogg’s and Post in JVs with local producers.
Tech and venture development company TechAccel has contributed an undisclosed amount to fund protein engineering research being conducted by The Siegel Lab in the Genome Center of the University of California Davis.
General Mills has signed an agreement with Gunsmoke Farms to convert more than 30,000 acres of conventional farmland into certified organic acreage by 2020, in order to capitalize on growing consumer demand for natural and organic foods.
The University of Wisconsin was awarded first place for its freeze-dried cake bites in this year's Bimbo-sponsored baking contest at the Baking Tech Conference held in Chicago on February 27 and 28, 2018.
Startup Mount Mayon has developed a special method for processing the pili nut for packaged goods - it enters the market as its raw material grows next to an erupting volcano that has displaced thousands.
VTT Technical Research Centre of Finland has been recognized by The Ellen MacArthur Foundation as a Circular Materials Challenge winner for its compostable, lightweight cellulose film, which could be commercialized in 3-5 years.