The 2021 Real California Milk Excelerator taps into the thriving functional foods market, which has grown significantly, and is projected to reach more than $275 billion globally by 2025. In this year's competition, each semi-finalist's product is made with cow's milk dairy as the first ingredient, while making up at least 50% of the formula.

SKU, a CPG accelerator, will expand into Atlanta in Spring 2022 to help serve as a catalyst for the Southeast's consumer-products industry.

This year’s tortilla chip is coated with two totally peppers, the Carolina Reaper and Scorpion Pepper

Green tea company ITO EN, global suppliers of authentic, organic ceremonial green tea and matcha powder, partnered with Taiyo International, to supply high-quality matcha to the food, beverage and supplement industries in North America.

SK Inc.'s investments are intended to accelerate the development of new food sources, such as plant-based and animal-free foods. These emerging food sources can help create more environmentally friendly methods of food production and make nutritious food options accessible to more consumers globally.

WM Partners, a certified diverse-owned private equity firm focused on investing in middle market companies and driving value creation in the health and wellness sector, announced that HPH II Investments Master Fund, LP, together with its parallel and feeder funds, through its wholly owned entity, has acquired Vega. Terms of the transaction were not disclosed.  

NovoNutrients, an alternative proteins company that uses industrial carbon dioxide emissions, cheap hydrogen and naturally occurring microbes to create high-grade proteins for human and animal consumption, announced a $4.7 million raise led by Hong Kong-based global venture firm, Happiness Capital.