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Califia Farms launches plant-based milk matching dairy nutrition levels

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Califia Farms
Califia Farms

Califia Farms, a leading dairy alternative brand, has introduced Califia Farms Complete, a plant-based milk that offers similar nutritional value to dairy.

Crafted from a fusion of pea, chickpea, and fava bean protein, this plant-based milk boasts nine essential nutrients, eight grams of protein, all nine crucial amino acids, and half the sugar content found in traditional dairy milk.

An 8oz serving of this plant-based milk provides equivalent or higher levels of nine essential nutrients compared to an equivalent serving of dairy milk. These nutrients include protein, calcium, vitamins A, D, and B12, magnesium, phosphorus, potassium, and riboflavin.

Continue Exploring: Jaipur-based dairy startup Frubon raises undisclosed sum in Series A funding, plans expansion across North India

According to Mintel data, Califia Farms noted that while plant-based milks are favored for their taste and relatively lower fat, sugar, and calorie content compared to dairy milk, their new product caters to the 60% of consumers worried about nutrient deficiencies when consuming plant-based beverages.

Available in a 40oz refrigerated format, this product is free from the nine major allergens identified by the FDA: milk, eggs, tree nuts, peanuts, fish, crustacean shellfish, wheat, soybeans, or sesame. Additionally, it is certified non-GMO Project Verified.

Suzanne Ginestro, chief marketing officer of Califia Farms, commented, “The launch of Califia Farms Complete is a stand-out addition to our product portfolio and signals a shift in the way we think about plant-based milks.”

She added, “This product is not only irresistibly delicious and creamy, but it also delivers an undeniably impressive number of vitamins and minerals that rival that of dairy milk.”

Califia Farms is expanding its dairy-free beverage line-up with the addition of five new items, alongside the Califia Farms Complete.

The Matcha Almond Latte features authentic matcha green tea powder combined with Califia’s almond milk. Designed for optimal steaming and frothing, the Organic Oat and Coconut Barista Blends are perfect for barista use. Additionally, the Pure Black Sweetened Ice Coffee base is brewed to seamlessly blend with Califia’s plant-based milk and creamers.

Exclusively available for a limited time, the Chocolate Strawberry Almond Creamer provides a sweet alternative to traditional dairy creamers, infusing delightful strawberry and chocolate flavors.

The newly launched products are currently accessible at chosen retailers throughout the US, including Target, Walmart, and Kroger.

Continue Exploring: Epigamia launches India’s first 25g protein milkshakes with zero sugar

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Cafe Barbera partners with Big Apple Sweets to expand into Saudi Arabia, eyes ten new outlets by 2025

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Café Barbera
Café Barbera

Café Barbera, the renowned Italian-based coffee chain, has announced its expansion into Saudi Arabia (KSA) through a partnership with Big Apple Sweets, a foodservice operator based in the United Arab Emirates.

The partners plan to open ten new outlets throughout the region by February 2025.

The first outlet is set to open its doors in Riyadh by March 2024.

The coffee chain revealed its plan during the Gulfood 2024 event.

Continue Exploring: Pret A Manger expands its global reach with a first store in Qatar

Café Barbera founder and CEO Enrico Barbera said, “Gulfood serves as the perfect platform to announce our venture into KSA. We are delighted to introduce Café Barbera’s rich heritage to Riyadh, offering a true Italian coffee experience that will resonate with the local community.”

Big Apple Sweets CEO Eisa Adam Ibrahim said, “We are honoured to take our partnership further, to take Café Barbera in bringing their unique Italian coffee culture to the KSA. Their dedication to quality and tradition perfectly aligns with our values, and we are confident that our offerings will be embraced by the Saudi market.”

In addition to its expansion in Saudi Arabia, Café Barbera has also extended its reach to Greece by opening its first store in Athens in November 2023.

The new establishment not only marks the brand’s entry into its fifth European market but also unveils its inaugural mini-store concept in Europe.

Café Barbera began as a coffee roaster in 1870. Its first franchised coffee shop was launched in Dubai in 2004.

It operates 40 establishments across 18 markets, with eight in the UAE and additional locations in Kuwait, Bahrain, Egypt, and Jordan.

Continue Exploring: Restaurant kiosk installations surge 43% from 2021 to 2023, reaching 350,000 – projected to double by 2028, reveals RBR Data Services Study

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Swiggy prepares for IPO with name change to Swiggy Private Limited

Swiggy
Swiggy

IPO-bound Swiggy is set to change its registered name from Bundl Technologies Private Limited to Swiggy Private Limited, following a resolution passed earlier this month by the shareholders of the food delivery giant.

“The same (change in name) was in line with the Management belief that the change in the name of the Company will help establish greater proximity and identification of the Company’s corporate name with the Company’s core brand, ‘Swiggy’,” the startup said in the resolution.

The name change will require approval from the Registrar of Companies (RoC).

This development comes at a crucial time for the food delivery giant as it prepares for its initial public offering (IPO). Renaming will enable the startup to trade under the name “Swiggy” on the stock exchanges.

Continue Exploring: Swiggy may file IPO by fiscal year end, plans to raise capital with combination of offer-for-sale and new issue; Prosus contemplates stake reduction

As part of its IPO preparations scheduled for later this year, Swiggy also named Anand Kripalu as an independent director and chairperson of its board of directors in December of last year. Previously, Kripalu served as the managing director and global CEO of Essel Propack Ltd.

Before that, the startup added three new independent directors to its board last year: Sahil Barua, the MD and CEO of Delhivery; Mallika Srinivasan, the MD and chairman of TAFE; and Shailesh Haribhakti, the chairman of Shailesh Haribhakti & Associates. However, earlier this month, Srinivasan resigned from her role as an independent director at Swiggy.

The Bengaluru-headquartered startup aims to debut on the stock exchanges around mid-2024. Anticipated to reach a size of $1 billion (INR 8,300 crore), its public offering is already being hailed as one of the largest IPOs among new-age tech firms.

Continue Exploring: IPO-bound Swiggy initiates workforce reduction, plans to cut 6% of jobs to enhance profitability

Swiggy contends with Zomato in India’s food delivery sector, which largely operates as a duopoly. However, both are also challenged by the government-backed Open Network for Digital Commerce (ONDC).

In FY23, the Invesco-backed decacorn reported a net loss of INR 4,179.3 Cr, marking a 15% increase from INR 3,628.9 Cr in the previous financial year. Swiggy’s operating revenue surged over 40% to INR 8,264.4 Cr in FY23 from INR 5,704.9 Cr in FY22 as it scaled up its quick commerce vertical during the year.

The foodtech giant saw its expenditure rise by over 35% to INR 12,884.4 Cr in FY23, compared to INR 9,574.5 Cr in the previous fiscal year.

Valued at over $10 billion, Swiggy has raised over $3 billion in funding to date. Notable backers include industry giants such as SoftBank, Prosus Ventures, and DST Global.

It’s worth noting that Swiggy’s competitor, Zomato, has reported three consecutive profitable quarters in the current financial year thus far.

Continue Exploring: Zomato reports third consecutive profitable quarter with INR 138 Cr PAT in Q3 FY24

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Chizza fever hits U.S. as KFC announces debut of unique pizza-inspired dish

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Chizza
Chizza

KFC is adding a zesty twist to its menu with the introduction of the Chizza, a unique pizza-inspired creation. Instead of traditional pizza dough, the Chizza features two 100% white meat extra crispy fried chicken filets as the base, generously topped with zesty marinara sauce, mozzarella cheese, and pepperoni, as announced in a press release.

Initially introduced on menus in the Philippines in 2015, the Chizza has since expanded its presence to various countries including Korea, Taiwan, India, Thailand, Germany, Spain, and Mexico. The eagerly awaited item is set to debut in U.S. markets on February 26th.

Continue Exploring: Earn points, get free chicken: KFC’s new rewards program hits the US market!

“Fried chicken and pizza collaborated to create something even better — the Chizza,” Nick Chavez, CMO, KFC U.S., said in the release. “The fan-favorite mashup is finally available in the U.S. after making its way around the world — try it while you can!”

In honor of its launch in the United States, KFC will convert its New York City restaurant at 242 E 14th St. into an exclusive “Chizzeria” pop-up. Here, customers will have the unique opportunity to be the first to taste the Chizza at no cost. The Chizzeria will be open for a limited time from February 23rd to February 24th, operating from 1 p.m. to 9 p.m. ET.

KFC has a presence in over 150 countries and territories, boasting a network of more than 27,000 restaurants worldwide.

Continue Exploring: KFC, Pizza Hut operator Sapphire Foods reports biggest quarterly profit drop since 2021 IPO

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Dole teams up with Beam Be Amazing to offer consumers nourishing ‘Super Greens’ blend

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Beam x Dole Super Greens
Beam x Dole Super Greens

Dole Food Company has partnered with the clean supplement brand Beam Be Amazing to broaden its footprint in the health and wellness sector.

The collaboration kicks off with the launch of ‘Beam x Dole Super Greens,’ featuring orange, peach, and mango flavors infused with a blend of 35 fruits and vegetables per serving, along with prebiotic fiber, digestive enzymes, antioxidants, essential vitamins, and minerals.

The new launch is devoid of artificial sweeteners or colors, and is non-GMO, gluten-free, and soy-free. It comes in powder format, making it versatile for adding to beverages or food.

Continue Exploring: D2C nutrition brand Earthful secures INR 3.3 Crore in pre-seed funding led by Green Ivy Venture and angel investors

The NPD also incorporates Spectra, a clinically proven formula described by Beam Be Amazing as enhancing antioxidant levels, bolstering the immune system, and enhancing overall cellular health.

Elisabeth Morris, director for brand and licensing at Dole Food Company, added, “We are thrilled to partner with Beam to leverage Dole’s bold flavours and bring a taste of paradise to everyone in a new way! Beam’s focus on educating consumers aligns so well with our mission at Dole around nutritional education. We hope that this product will encourage more people on their health and wellness journey.”

Russell Saks, CEO of Beam Be Amazing, said, “Since the inception of our Super Greens product, we have always thought Dole was a natural fit for a product collaboration. We couldn’t be more excited to partner with a company that not only makes great products but shares our values and mission, as well.”

Beam also forged a partnership with popular juice brand Sunny D, collaborating to create a nostalgic blend that offers consumers an all-encompassing wellness formula for their daily routines.

Continue Exploring: D2C wellness brand Zingavita raises INR 10 Crore in pre-Series A funding led by Anicut Capital

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Delivery Hero calls off Foodpanda sale in Southeast Asia

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Foodpanda
Foodpanda

Delivery Hero has halted discussions regarding the potential sale of its Foodpanda business in certain Southeast Asian markets.

The German-based online food ordering platform was in talks to sell off its operations in Cambodia, Laos, Malaysia, Myanmar, the Philippines, Singapore, and Thailand.

Delivery Hero co-founder and CEO Niklas Östberg said, “The strength of our APAC [Asia Pacific] business has become evident during the last quarters as the region reached an inflection point in 2023.

“We believe the region remains strongly positioned to drive profitable growth at scale. The decision to terminate negotiations after months of discussions was taken after careful consideration.”

On February 2nd, 2024, Delivery Hero reiterated its ongoing discussions and conveyed optimism about reaching favorable terms with the primary negotiating party.

Continue Exploring: Delivery Hero to shut down tech hubs in Turkiye and Taiwan, re-evaluates workforce in Berlin

The company was confident that it had reached consensus with the prospective buyer on the essential terms of the sale.

However, circumstances have shifted, prompting Delivery Hero to retract from the negotiations.

Delivery Hero said in a statement, “As always, the company will remain open to mergers and acquisitions and will continue to assess potential strategic alternatives.

“However, Delivery Hero will only proceed with negotiations where it can create value for shareholders with high certainty of closing.

“Delivery Hero continues to exercise a disciplined investment policy aimed at maximising profitable growth and free cash flow generation in its operations.”

In late January 2024, Delivery Hero offered 68 million Class A shares in Deliveroo to institutional investors for settlement on February 1st.

The shares translate to an approximately 4.5% stake and mark Delivery Hero’s exit from the London-based firm.

The German company placed the Deliveroo shares for £1.13 ($1.43) per share with institutional investors in an accelerated bookbuilding process.

Continue Exploring: Foodpanda appoints John Fang as new CEO amidst potential Southeast Asia sale

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Costa Coffee partners with Sainsbury’s for in-store cafe expansion

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Costa Coffee
Costa Coffee

Costa Coffee has collaborated with retail behemoth Sainsbury’s to introduce in-store cafes within the supermarket chain’s premises.

Under the agreement, Costa Coffee will allocate £3 million for the establishment of 11 cafes during 2024. This influx of openings is anticipated to generate around 100 employment opportunities.

Continue Exploring: Costa Coffee and BOSH! team up to introduce delectable plant-based delights across the UK

Nick Ridley, Property Director at Costa Coffee, said, “We are excited to join forces with Sainsbury’s, bringing our much-loved Costa Coffee experiences to shoppers nationwide. We’re proud that we will soon be able to make a difference to customers looking to catch up with friends and family over lunch or enjoy a beloved Costa coffee after their weekly shop.” 

The first of these 11 cafes opened at Sainsbury’s Farlington Superstore in Portsmouth on February 15, 2024.

Continue Exploring: Costa Coffee delights UK customers with a fresh menu featuring hot milkshakes and plant-based delicacies

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Idli among top 25 dishes contributing significantly to biodiversity loss, scientists find

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Idli
Idli

According to scientists who have evaluated the “biodiversity footprints” of 151 popular dishes worldwide, India’s idli, chana masala, rajma, and chicken jalfrezi rank among the top 25 dishes contributing significantly to biodiversity loss.

The scientists have assigned the highest biodiversity footprint score to lechazo, a roast lamb recipe from Spain, followed by four beef or meat preparations from Brazil. Their calculations place the idli at rank six followed by rajma (kidney beans curry) ranked seven.

As anticipated, vegan and vegetarian dishes typically exhibited lower biodiversity footprints compared to those containing meat. However, the researchers noted it was unexpected to discover that dishes centered around rice and legumes as primary ingredients also displayed high biodiversity footprints.

Continue Exploring: Vegan and keto diets elicit innate and adaptive immune responses, altering gut microbiome: NIH Study

“The large impacts of legumes and rice in India was a surprise, but when you think about it, it makes sense,” remarked Luis Roman Carrasco, the lead researcher and associate professor of biological sciences at the National University of Singapore.

Carrasco and his team evaluated the biodiversity footprint of each of the 151 dishes by examining the probable impact of the ingredients in each dish on the diversity and habitat range of wild mammals, birds, and amphibians within the croplands where these ingredients are sourced.

According to the scientists, although taste, price, and health often dictate food choices, conducting studies that assign biodiversity impact scores to dishes could assist environmentally conscious individuals in customizing their dietary selections.

Published on Wednesday in the journal PLOS One, their study emerges amid growing apprehensions regarding biodiversity decline, predominantly propelled by habitat loss stemming from agricultural expansion. Previous research has approximated that food consumption by an average household contributes to 20% to 30% of its overall environmental impact.

“In our analysis, the biodiversity footprint represents the amount of species that have been at least partially impacted to produce that dish,” Carrasco said. “The biodiversity footprint gives us an idea of how many species we’re pushing closer to extinction by eating that dish.”

Multiple earlier studies have flagged the negative environmental impacts of non-vegetarian food based on livestock rearing. The large biodiversity footprints of rice and legumes may be explained by land conversion for agriculture.

India stands as a leading producer of legumes, including chickpeas and kidney beans, while also boasting a rich biodiversity with an estimated seven to eight percent of species. Legumes and rice are cultivated extensively in regions that historically served as biodiversity hotspots.

Among the top 25 dishes with the largest biodiversity footprints are several Brazilian meat dishes, a Korean meat and vegetable stew, as well as meat and pork dishes from Mexico. Additionally, chicken jalfrezi ranks 19th, dal 20th, and chana masala 22nd in the list.

In the study, French fries were designated with the lowest biodiversity footprint, occupying the 151st rank. Other dishes with minimal biodiversity footprints include baguettes, pureed tomato sauce, and popcorn. India’s aloo paratha held the 96th position, dosa the 103rd, while the bonda, a fried dish of mashed potato coated with chickpea paste, was placed at 109th.

Although rice and legume dishes received high scores, Carrasco noted that India has managed to coexist reasonably well with biodiversity, considering its large population. He emphasized that India’s significant proportion of vegetarians is beneficial for biodiversity conservation.

“If Indians were to shift to more meat consumption and production the impact on biodiversity would be much higher,” he said. “This study is a reminder that the pressures on biodiversity in India are very high.”

Continue Exploring: From Gochujang to Parmesan: Kerry unveils 2024 Taste Charts mapping culinary trends

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Diageo’s Captain Morgan unveils exciting line of RTD cocktail-inspired malt beverages!

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Captain Morgan Sliced
Captain Morgan Sliced

Diageo-owned brand Captain Morgan has introduced a new line of ready-to-drink cocktail-inspired malt beverages, called Captain Morgan Sliced.

Captain Morgan Sliced offers four malt-based flavors: pineapple daiquiri, which harmonizes lime with pineapple notes; strawberry margarita, merging lime with succulent strawberry for a fruity twist; Passionfruit hurricane, showcasing tropical passionfruit, lemon, and orange flavors; and mango Mai Tai, combining citrus and pineapple with mango nuances.

Continue Exploring: Rise in alcohol consumption: Australians double down on RTDs, beer consumption declines

Laura Merritt, CMO of Diageo Beer Company, said, “We didn’t just want to introduce another new canned drink – we wanted to slice through the ordinary with an offering that compliments the adventurous spirit of our consumers. Captain Morgan has always been known and loved for its bold flavour, and we’re excited to shake up the category and introduce Captain Morgan Sliced to the world.”

Captain Morgan Sliced has an ABV of 5.8% and is available on shelves nationwide for an SRP of $19.99.

Continue Exploring: Beverage startup Salud to debut exciting new lineup of ready-to-drink offerings

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Sprinkles bakery to launch first international store in South Korea

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Sprinkles
Sprinkles

Sprinkles, the renowned bakery brand, has announced plans to open its first store outside the US, venturing into South Korea as part of its expansion strategy.

Subsequently, the company aims to strengthen its foothold in Asia by expanding its retail presence with new stores in Singapore and Malaysia.

Renowned for its delectable range of cupcakes, cakes, cookies, and brownies, the brand intends to establish over 18 new bakeries across international markets starting in 2024.

Continue Exploring: Bakery giant Greggs rides 2023 success wave, announces plans for 160 new stores in the year ahead

According to The Korea Herald, the first Sprinkles store in South Korea is scheduled to open in Seoul.

The company has formed a partnership with SPC Samlip, a subsidiary of South Korean food company SPC Group, along with real estate company Bridgeport Investments.

The expansion is part of a larger plan to launch 50 new bakeries worldwide in the coming years.

Sprinkles aims to fuse traditional favorites with indigenous tastes, positioning itself as a prominent contender in the global dessert industry.

Sprinkles development vice-president Brett Willis said, “Sprinkles’ legacy is rooted in creating moments of joy and celebration. The international franchise expansion is a testament to our dedication to sharing these moments on a global scale.

“We have built out a full team to support franchisees, including operations, training, marketing and construction. With strong demand for other countries, these franchisee signings are only the start to developing our global brand presence as we intend to sign franchises in Europe, South American and additional ASEAN [Association of South East Asian] countries.”

The company began its franchising efforts in 2021 and has since seen significant growth.

In the US, it has been expanding through domestic franchises, opening new bakeries in Northern and Central California, West Texas and South Florida.

These operations are spearheaded by women-owned franchise groups such as RIC Operating Group, Celebration Cupcakes and WTX Cupcakes.

Continue Exploring: Pret A Manger debuts first standalone store in Toronto, introduces diverse menu beyond coffee offerings

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