Angel Yeast scores Non-GMO verification for 22 yeast solutions, Coffee under threat from climate change
This week, China-based yeast biotech company Angel Yeast scored the Non-GMO Project verification for 22 yeast extract and inactive dried yeast flavoring solutions. A new report flagged that coffee, cashew and avocado cultivation is at major risk from climate change, with future production expected to be nowhere near current levels.
Also, inflation continues to be in the spotlight as food prices surged globally, with some places – like the UK – reporting the highest inflation levels in 30 years.
Kerry talks about rolling out new solutions that enable clean label preservation. US research explored how GMO labeling affects consumer purchasing decisions, while KeyGene, WUR and Takii broke new ground for crop modification. In other developments, Nestlé was prompted to discontinue a special edition KitKat range that featured images of sacred Hindu deities on the wrapper after accusations of cultural insensitivity.
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This week in industry news, cocoa processor Blommer Chocolate Company opened an R&D lab in the US, BlueNalu collaborated with Food & Life Companies to bolster bluefin tuna supply chain and ChickP scored US$8 million in funding. Meanwhile, Fonterra lowers milk price range to benefit farmers, Heura doubles sales and ITS released a flavor trend overview.
Catch up on the key industry stories from the past week. This NewsBite episode sheds light on non-GMO clean label ingredient innovation. Industry watchers weigh in on the impacts of climate change on key crops. In addition, inflation rates are causing risk to food affordability.
