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Each day at 5 p.m. we collect the five top food and supplement headlines of the day, making it easy for you to catch up on today's most important natural products industry news.
March 9, 2018
2 Min Read
Joseph Chang/The Salvation Army
Bone broth protein company gets $103 million in funding
More than 100 natural food industry veterans contributed to a $103 million minority investment in Ancient Nutrition, which makes a bone broth protein supplement as well as collagen protein, essential oils and ketogenic-diet-related products. Josh Axe, who also founded DrAxe.com, and Jordan Rubin, who founded vitamin maker Atrium Innovations, started Ancient Nutrition in 2016. Read more at Fortune …
The Salvation Army opens first grocery in Baltimore
To help residents of northeast Baltimore, Maryland, have access to affordable, healthy food, The Salvation Army has opened its first nonprofit grocery store in a 7,000-square-foot warehouse there. DMG Foods, which refers to the organization’s motto of “doing the most good,” also offers social services such as nutritional guidance, shopping education, workforce development and meal planning. Read more at Supermarket News …
The sudden collapse of coconut oil, 2015’s favorite superfood
Market research firm SPINS reported that coconut oil sales crashed in 2017 to $163.1 million, down from $229.3 million in 2015. The product’s tale is an example of overhyped nutritional claims and the woes of embracing a trendy food product. Read more at The Washington Post …
Will organic British cheese still be organic after Brexit?
Organic cheese from Britain might not be organic after Britain leaves the European Union in 2019. It’s not clear if the members of the EU and the United States will accept British standards. It’s not the only trade decision farmers face, but the politicians aren’t in a hurry to settle the issues. Read more at Bloomberg …
Spooked by Trump proposals, immigrants abandon public nutrition services
A proposal from the Department of Homeland Security would let immigration officials consider an immigrant’s use of public services—including WIC and SNAP—when the immigrant applies for a visa or green card. As a result, fewer people are using those food programs, afraid of the associated risk. Read more at The New York Times …
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