Key Points: Food tech startup funding slowed significantly in Q1 as investors shift focus to AI. $1.4 billion invested in food tech sector across 202 deals in Q1, a 50% drop in capital. Investor interest in food tech declining, with…
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New Insights: Smithfield Foods is swiftly offloading pigs as the top pork producer in the U.S. aims to recover losses in hog production and expand its presence in packaged meats. The company anticipates producing approximately 11.5 million hogs in 2025,…
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A recent survey conducted by 84.51°, a subsidiary of The Kroger Co. based in Cincinnati, found that 83% of respondents were aware of the US Food and Drug Administration’s ban on Red No. 3 synthetic dye in foods and beverages.…
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Poppi is currently facing a class action lawsuit for promising gut claims. The company advertises their drinks as “gut healthy” — a slogan they’ve since removed from their site. Top Class Actions reports that the plaintiff claims Poppi drinks are…