Food Industry News : Inspire food Business

RIPPLE FOODS RAISES $60 MILLION IN SERIES E FUNDING AS PLANT-BASED SALES SURGE

28 Sep 2021 Read: 2 min.

California-based Ripple Foods has raised $60 million in a Series E funding round led by Rage Capital, Ajax Strategies, and S2G Ventures, as well as a string of additional investors including OurCrowd, GV, Prelude Ventures, Euclidean, Fall Line Capital, and Tao Capital Partners.

MEAT OCEANIA

GROWING NEW ZEALAND PET FOOD PRODUCER ZIWI IS BOUGHT FOR €900M

27 Sep 2021 Read: 2 min.

FountainVest Partners, a private equity firm based in China, has bought a New Zealand pet food producer, Ziwi, for a reported NZ$1.5 billion (€900 million).

AMERICAS NEWS ORGANIC & WELLNESS TOPICS

US BUDGET BILL INCLUDES $28 BILLION TO BOOST AGRICULTURE CONSERVATION

27 Sep 2021 Read: 3 min.

House and Senate leaders in the US have included $28 billion in the 2021 Budget Reconciliation Bill specifically to tackle the backlog of farmers seeking US Department of Agriculture ‘conservation assistance’ for efforts to address the climate emergency.

EUROPE FRUITS & VEGETABLES ORGANIC & WELLNESS

EU AGRI-FOOD EXPORTS INCREASE TO €184 BILLION DESPITE THE PANDEMIC

24 Sep 2021 Read: 3 min.

The European Union’s agri-food exports and imports grew last year despite the effects of the coronavirus pandemic.

EUROPE SEA FOOD

NORWEGIAN SEAFOOD EXPORTS JUMP 32% TO BREAK AUGUST RECORDS

24 Sep 2021 Read: 2 min.

Norwegian seafood exports broke records last month as they surged to one-third more than August last year.

GROCERY

INDIA’S ONLINE GROCERY MARKET EXPECTED TO REACH €15.1 BILLION BY 2026

23 Sep 2021 Read: 2 min.

The Indian online grocery market size is witnessing robust growth, according to the latest report from the IMARC Group.

AMERICAS FOOD PROCESSING NEWS

CARGILL PAYS FARMERS AS PART OF 2030 REGENERATIVE COMMITMENT

23 Sep 2021 Read: 2 min.

Food-to-agriculture giant Cargill is enrolling farmers into its RegenConnect programme that pays farmers for improved soil health and positive environmental outcomes, including payment per metric ton of carbon sequestered.

BEVERAGES

STELLA ARTOIS LAUNCHES FIRST ALCOHOL FREE BEER AS TEETOTAL BECOMES FASHIONABLE

22 Sep 2021 Read: 3 min.

Stella Artois launches first alchohol free beer as teetotal becomes fashionable

FROZEN PRODUCTS MIDDLE EAST AFRICA

KINSHASA OFFICIALS TO CONTROL FROZEN FOOD IMPORTS AS PRICES JUMP 30%

22 Sep 2021 Read: 2 min.

The government in the Democratic Republic of Congo – based in Kinshasa – is reportedly planning to take control of frozen food imports in an effort to cut prices.

ASIA FOOD PROCESSING NEWS

ADM BUILDS NEW 27,000 SQUARE METRE FLAVOUR SUPPLY HUB IN PINGHU, CHINA

21 Sep 2021 Read: 2 min.

New York-listed ingredients solution group ADM has expanded its global nutrition capabilities by opening an advanced flavour production facility in Pinghu, China.

AMERICAS SIAL NEWS TRADE TALK

SIAL CANADA CONNECT OFFERS UNIQUE INSIGHTS, SAYS SIAL CANADA CEO

20 Sep 2021 Read: 3 min.

SIAL Canada will be taking place online again this year, due to Covid restrictions, but this event will be different. Instead of a virtual trade show, like the one hosted in 2020, the organisation is hosting SIAL Canada Connect – a series of conferences which celebrate SIAL Canada’s 20th anniversary by reflecting on the past and looking to the future of food innovation.

ASIA BEVERAGES NEWS

ALCOHOL E-COMMERCE OPPORTUNITIES IN 4 ASIA-PACIFIC MARKETS

20 Sep 2021 Read: 4 min.

Led by high demand in China, the Asia-Pacific region has extensive growth possibilities in the alcohol e-commerce channel according to drinks analyst IWSR.

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