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| Seafood consumption declines in response to inflation, FMI reports | Seafood sales fell 3.8% last year to $16.3b from the previous year, as consumers shifted their shopping in response to rising inflation, but remained above pre-pandemic levels as consumers sought options that are healthier, more diverse and environmentally-friendly, according to new research from FMI – The Food Industry Association.... Read more |
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| Extracellular accelerates cultivated meat business, secures $1.2 million in funding | Extracellular, a UK-based contract development and manufacturing organization (CDMO) in the cultivated meat space, secured $1.2 million, including $700K in non-dilutive funding according to the company. CEO and founder, Will Milligan spoke with Food Navigator-USA on the company’s vertically integrated strategy and navigating the competitive cell-based meat landscape.... Read more |
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