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Study reveals exotic, non-seasonal fruits & vegetables fueling growth in frozen foods market

Cold chain infrastructure has played an important role in driving the frozen foods market, as it helps to transport products at both the domestic and international levels.
May 16, 2019
The global frozen food market valued at $219.87 billion in 2018, and is projected to grow at a CAGR of 5.14% during the forecast period, reaching $282.50 billion by 2023, according to research presented by MarketsandMarkets, New York.
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Survey finds most Americans are concerned about the safety of food

According to the survey, Americans trust claims tested and certified by independent organizations more than claims made by product manufacturers and brands.
May 16, 2019
NSF International, Ann Arbor, Mich., released a new study showing 61% of Americans are concerned about the products they put in, on and around their bodies.
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Mars partners with Jerusalem Venture Partners to foster foodtech solutions in Israel

Mars Edge and the Mars Advanced Research Institute will explore the converging fields of food, health and technology fueling the next generation of agriculture and nutrition.
May 16, 2019
Mars, Inc., McLean, Va., partnered with Jerusalem Venture Partners (JVP), an Israel-based venture capital fund, to develop what is said to be the first-of-its-kind research and development agreement in Israel aiming to pursue innovative tech solutions for global food, agriculture and nutrition challenges.
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Halla raises $1.4M seed round to expand personalization technology for online grocers

Halla will use the funding to scale its I/O platform, onboard new customers and further develop AI technology.
May 16, 2019
Halla, a Los Angeles-based artificial intelligence (AI) company, announced a $1.4 million seed round, led by early stage food industry investor E&A Venture Capital, San Francisco, with participation from multi-stage technology investor SOSV, Princeton, N.J.
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Pentair to close Urban Organics

The goal was to help incubate an industry.
May 16, 2019
Pentair, Inc., Minneapolis, announced plans to close Urban Organics, the company’s 100% organic aquaponics farm in St. Paul, Minn.
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