New York, NY—Humm Kombucha has secured a $8MM line of credit from Gerber Finance, an eCapital company. The deal was completed under the company’s Naturally Gerber Finance division, according to a press release. "We are passionate about brands that are positively impacting people’s health and happiness and have deep experience...
New York, NY—No Evil Foods has received funding from Big Idea Ventures LLC, a global investor in early stage alternative protein, according to a press release. Specifically, Big Idea Ventures has completed a bridge note financing in No Evil Foods. “We are excited for the opportunity to lead this investment...
Monterey, CA—Organic fresh produce sales continue to outpace conventional produce growth, according to the Q3 2021 Organic Produce Performance Report released by Organic Produce Network (OPN) and Category Partners. The report found that sales increased by 3.4% over the same period last year, with a volume increase of 1.6% nearing...
The Naturally Informed event Healthy Aging: Mastering the Market packed a lot of information into two days, on every conceivable aspect of the market. A few topics of note: Trends: ClearCut Analytics' Dan Harari, VP Business Development, offered a session on Amazon trends. Why Amazon? Trends happen on that website,...
Chicago, IL—ADM has released its second annual list of global consumer trends. ADM identified spaces poised for growth in the new year, and has provided a breakdown of each one based on research from the company’s Outside Voice consumer insights platform. Brad Schwan, Vice President of Category Marketing for ADM,...
Austin, TX—The Whole Foods Market Trends Council has revealed its predictions for 2022's top 10 food trends. What does the council, which is made up of more than 50 Whole Foods Market team members, including local foragers, regional and global buyers, and culinary experts, see on the horizon? Buzz-less spirits,...
South Kivu, Democratic Republic of the Congo—A new partnership is aiming to promote better livelihoods for local coffee farmers in the eastern Democratic Republic of the Congo (DRC), while protecting the region’s critically endangered Grauer’s gorilla. Guillaume Le Cunff, CEO of Nespresso, said: “We’re incredibly proud to be joining this...
Washington, D.C.—After more than a decade of service to the Organic Trade Association (OTA) and the organic community, CEO Laura Batcha plans to step down in spring 2022. The trade association announced that it has hired global organizational consulting firm Korn Ferry to lead its search for a new CEO...
Phoenix, AZ—Sprouts Healthy Communities Foundation has given $3m in grants to 115 nonprofit organizations, according to a press release. “Sprouts is committed to strengthening local food systems by providing our communities with access to fresh, nutritious food, and empowering children with the knowledge and resources to live a healthier life,”...
Mushrooms may benefit mental health, according to new research led by Penn State College of Medicine. Penn State researchers used data on diet and mental health collected from more than 24,000 U.S. adults between 2005 and 2016, and found that those who ate mushrooms had lower odds of having depression.
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