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Danone Manifesto Ventures takes controlling stake in coconut water brand Harmless Harvest : 'We want to preserve the unique DNA of the company'


Harmless Harvest and majority stakeholder Danone Manifesto Ventures (DMV) are exploring opportunities to take the organic coconut water into international markets, says CEO Ben Mand, who says the San Francisco-based brand also has the potential to stretch into new categories.
Speaking to FoodNavigator-USA after DMV – Danone’s corporate venture arm – acquired a controlling stake in Harmless Harvest, Mand said:
“Danone brings a ton of capabilities and resources, from expertise in packaging and processing to infrastructure that we can potentially leverage, so we have been actively looking at expanding internationally. ​
“We haven t announced yet where we re going to launch first, but we’re looking at Asia, Europe and further expansion in North America.”​ ....

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Danone North America CEO on plant-based trends, why soymilk is back in growth, and the Follow Your Heart deal


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Danone North America CEO on plant-based trends, why soymilk is back in growth, and the Follow Your Heart deal
By Elaine Watson
Shane Grant: Our plant-based business in North America grew by 17% [in 2020] (Picture credit: Danone North America)
US retail sales of soymilk - which have declined precipitously over the past decade – have started to grow again, says Danone North America, which is spearheading the turnaround with its Silk brand, the leading player in the soymilk segment.
According to SPINS data, US retail sales of soymilk declined 0.9% to $201.4m in the year to Jan, 24, 2021, a startling drop from a decade or so ago, when they topped $1bn. To put this into perspective, almondmilk sales were up 16.9% to $1.59bn over the same 52-week period, while sales of relative newcomer oatmilk surged 219.3% to $264.1m, catapulting it into the #2 spot in the plant-based milk categor ....

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Epigamia to provide access to food & water to migrant workers


Epigamia to provide access to food & water to migrant workers
January 13, 2021
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FMCG company Epigamia today launched the second phase of the Step-Up Initiative to provide access to food and water to migrant workers and village communities impacted by the Covid-19 pandemic.
This will be carried out in collaboration with Danone Manifesto Ventures, a corporate venture group located in New York City and Paris.
Epigamia stated in the official release that it has launched the Step-Up Program that is driven by a purpose to improve food & food systems within the country.
Epigamia has set up many initiatives under this program like providing food to migrant workers, improving access to water in villages around the country, it noted. ....

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