FDBusiness.com

AlgaVia gets approvals

 Breaking News
  • Lactalis Expands in Infant Nutrition With €740 Million Acquisition Lactalis Group, the international dairy group based in Laval, France, is acquiring the Nutritional business of Aspen Pharmacare for €739.8 million (R12.9 billion). The business being acquired supplies a wide range of infant nutritional and growing-up milk products across both the premium and value segments. It manufactures and markets well established quality brands, including S-26, [...]...
  • Thatchers Cider to Invest £14 Million in New Cider Mill Thatchers Cider, the family owned English cider producer, is to invest £14 million in a new cider mill at its Myrtle Farm site in Somerset to meet growing demand for its products. The company has applied for planning permission and, if granted, the new mill would come on stream in 2019. “This investment is about our [...]...
  • Coca-Cola Great Britain Teams Up With Premier League Premier League and Coca-Cola Great Britain have announced a new three-and-a-half-year partnership, starting in January 2019. It is the first sponsorship Coca-Cola Great Britain will activate across multiple brands within its portfolio, showcasing a range of drinks including sparkling soft drinks, water and fruit-based drinks, with low and no-sugar options. The partnership will see Coca-Cola work [...]...
  • Barry Callebaut Completes $30 Million Capacity Expansion in North America Barry Callebaut, the world’s leading manufacturer of high-quality chocolate and cocoa products, has announced the completion of several expansion investments in three of its North American facilities located in St Hyacinthe, Quebec; Chatham, Ontario; and St Albans, Vermont. The investments amount to close to US$30 million and are in line with previously announced plans. Recent investments [...]...
  • Strong First Half From Hilton Food Group Hilton Food Group, the UK-based leading specialist international food packing business, has reported a 25.0% increase in turnover to £863.6 million and by 24.5% on a constant currency basis for the 28 weeks to 15 July 2018. Volumes increased by 12.7% reflecting growth in the UK, Ireland and Australia. Operating profit for the first half [...]...

AlgaVia gets approvals

June 30
12:26 2016

hero-AlgiaVia-logo-720x340TerraVia’s AlgaVia Lipid-Rich Whole Algae has now gained regulatory approval in Canada, Brazil, and Mexico, giving the product full approval across much of the Americas. The ingredient can replace eggs, dairy fats and oils in baked goods, traditional dairy-based products, sauces, snack foods, and more while maintaining or improving indulgent taste and texture, the company claims. It is said to be naturally rich in monounsaturated (good) fat, protein, fibre and micronutrients.

AlgaVia Lipid-Rich Whole Algae can already be found in more than 10 product categories across the grocery store, the company says. Customers range from established CPGs to popular emerging brands focused on plant-based foods. These include South Coast Baking Co., one of the leading cookie manufacturers in the U.S.

“We turned to TerraVia for its Lipid-Rich Powder as an alternative to eggs in some of our cookies,” said South Coast Baking Co., a company that makes over 4 million cookies per day. “We have been so pleased with the results in creating our delicious cookies, that we have continued using it as a replacement for eggs.”

“With the accelerating growth of plant-based foods, driven by consumer demand for clean labels and healthier foods with great taste, there are opportunities for our Lipid-Rich Powder across every aisle of the grocery store,” said Mark Brooks, SVP and General Manager of Food Ingredients at TerraVia.

According to TerraVia, consumers are demanding more plant-based options, with the plant-based dairy alternative market already at 27% market share in 2015, and 36% of consumers buying plant-based proteins today.

About Author

admin

admin



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 25, 2018PPMA Show 2018
  • September 27, 2018Int'l Fruit Show (eurofruit)
  • September 30, 2018Trade Fair for Butchers, Caterers and Meat Industry (Meat Expo)
  • October 1, 2018Poznan International Fair
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements