Sony AI will use a variety of data sources – including recipes and ingredient data, such as taste, aroma, flavor, molecular structure, nutrients, etc. – to develop a Recipe Creation App that will be powered by proprietary AI algorithms to assist the world's top level chefs in their creative process of ingredient pairing, recipe design and menu creation.

Almark Foods and Michael Foods, a subsidiary of Post Holdings, Inc., announced that they have entered an agreement for the sale of Almark Foods. The transaction is set to be completed by the first calendar quarter of 2021.

Remilk, an Israel-based start-up producing identical dairy products through microbial fermentation, announced the completion of its $11.3 million funding round. With this new capital, the company plans to rapidly expand its production and distribution capabilities, and meet global demand, for its revolutionary animal-free dairy products.

Firmenich, the world's largest privately-owned fragrance and taste company, announces Ginger and Yuzu as the two Flavors of the Year for 2021. Following an unprecedented year of uncertainty, they represent the world's collective desire for strength and optimism: two superhero-like qualities characteristic of a super-root and a super-fruit.

Kellogg's® Away From Home opened the doors to its Menuvation Center™ at The Hatchery, a food and beverage business incubator in the heart of Chicago. The Menuvation Center marks a major investment by Kellogg's Away From Home in culinary innovation and partnership with operators. It's like a science lab, kitchen and think tank all rolled into one.

Ocean Spray Cranberries, Inc., the agricultural cooperative owned by more than 700 farmer families, introduced Ocean Spray® Cranberry Seeds, a new innovative, upcycled, and clean-label product harvested from cranberries certified as sustainably grown and offering an array of powerful nutritional benefits to support a healthy lifestyle.

Nielsen BASES formally announced the winners of the 2020 Global Nielsen BASES Design Impact Awards, recognizing impactful package redesigns in the consumer packaged goods (CPG) space.

Path of Life, makers of frozen quinoa, rice and veggie blends is ready to go beyond the frozen side category. In order to create innovative new product lines, the Live Simple brand announced its preferred partnerships with two product development firms – Artisan Row and Brisan Group.

Global innovation platform, Plug and Play, announced its newest location in Chicago. This office will focus on connecting startups, corporations, and investors working on innovating the food and beverage industry. Since 2017, Plug and Play has run a food and beverage program out of their headquarters in Silicon Valley and has since expanded to Bangkok, Milan, São Paulo, and Shanghai.

Wellness Natural, Inc., a newly created natural plant-based natural foods company headquartered in Toronto, with operations in both US and Canada, announced its new corporate strategy following the acquisition of SimplyProtein® to continue to propel the nutrition-based snack brand in the US and Canada.