UAE’s first Emirati grocery delivery platform, Food Crowd – a wholly-owned subsidiary of food giant Al Dahra Farms – has affiliated itself with Al Silal, a government initiative, aiming to actively support and promote the UAE’s food security vision.
California-based BlueNalu has signed Memorandums of Understanding (MOU) with two Asian seafood providers – Thai Union and Mitsubishi Corporation – to assess market strategies for cell-cultured seafood in the Asia region.
The discount grocery channel accounts for 43% of retail growth across Europe and will add €34 billion in sales from 2020 to 2022, according to new research from analyst IGD.
British consumers reached for more Australian wine during Covid-19 lockdowns, with exports (by value) to the UK increasing by 33% to $360 million (AUD 461 million). The high demand pushed the UK past the US to rank second among export markets behind China (including Hong Kong and Macau).
Amazon is expanding its Prime Now grocery delivery service to Frankfurt and the surrounding areas in partnership with Migros-owned supermarket chain, Tegut.
Pick n Pay, the South African supermarket group, is reportedly investing tens of millions of dollars in new stores as it looks to increase its market share.
Leading US private label spices and seasonings manufacturer Olde Thompson is being acquired by Singapore-based Olam Food Ingredients (OFI) at an enterprise value of $950 million (€783.6m) as part of the latter’s international growth plans.
Researchers have asked the European Union to consider allowing gene editing to fall within its definition of organic farming, as they say doing so could lead to environmental benefits.
