Food Industry News : Inspire food Business

Shrimp Market Set to Reach €112,27Billion by 2033, Fueled by Growing Demand and Sustainable Production Techniques

26 Jul 2023 Read: 2 min.

the global shrimp market is poised for significant growth. The sales of shrimps will reach a valuation of €54,78 billion in 2023, with a projected compound annual growth rate (CAGR) of 7.4% during the forecast period of 2023 to 2033. By 2033, the market is expected to surge to an impressive €49,68 billion. Shrimp's Nutritional…

NEWS SIAL NEWS

SIAL TALKS: Food lawyer on Farm to Fork strategy and the problems around current nutrient profiles

25 Jul 2023 Read: 3 min.

Speaking at last year's SIAL Talks, Katia Merten-Lentz, Partner at Food Law Science and Partners gave an update on nutritional profiling, the problems with current legislation and its relationship to the EU's Farm to Fork initiative - a policy at the heart of the European Green Deal, which aims to make food systems fair, healthy…

AMERICAS NEWS ORGANIC & WELLNESS

CRYOGENICS A POTENTIAL BOOST FOR INDIAN CONDIMENTS MAKER IN US MARKET?

24 Jul 2023 Read: 3 min.

As Guru Foods expands its footprint into the American market it is raising the profile of flavouring Indian curries by focusing on its tried and trusted method of cryogenics as a way of getting fresher herbs and spices into its sauce mixes.

AMERICAS EUROPE FOOD PROCESSING MARKET TRENDS MIDDLE EAST AFRICA NEWS REGIONAL SPOTLIGHT

Vegan food market: projected growth and market dynamics

24 Jul 2023 Read: 2 min.

Technavio's latest market research report estimates significant growth of €19.6 billion between 2021 and 2026. The market is projected to register a CAGR of 12.25% during this period. The report provides detailed insights into the current market scenario, trends, drivers and the overall market environment. The vegan food market is segmented based on products, including…

EUROPE NEWS

EU targets major cuts in food waste amid concerns “unacceptable” amounts of produce is thrown away

21 Jul 2023 Read: 3 min.

Targets for cutting the amount of food wasted in the European Union have been announced amid concerns that "unacceptable" quantities are thrown away in the 27-member bloc. The bloc has announced legally binding reductions and progress set to be assessed in four years’ time. The targets are part of a revision of the EU’s Waste…

EUROPE FOOD PROCESSING NEWS TOPICS

The First Carrefour des PAT: uniting stakeholders for sustainable food systems

20 Jul 2023 Read: 2 min.

The association Terres en villes and the French Chambers of Agriculture jointly organised the inaugural Carrefour des PAT (Projets Alimentaires Territoriaux or territorial food projects) on Friday, 30 June 2023, in Paris. The event brought together nearly 300 stakeholders from various sectors, including local authorities, agricultural professionals, food economy players, researchers, educators, consulting firms and…

AMERICAS BEVERAGES

Socorro Bebidas partners with Crown to launch Acquíssima Sabor mineral water

20 Jul 2023 Read: 2 min.

Brazilian beverage producer Socorro Bebidas has partnered with Crown Embalagens Metálicas da Amazônia S.A., a subsidiary of Crown Holdings, Inc., to introduce Acquíssima Sabor flavoured mineral water in 350ml CrownSleek cans. This premium zero-calorie drink offers natural aromas and serves as a health-conscious alternative for consumers seeking hydration and essential nutrients. The initial lineup features…

FOOD PROCESSING FROZEN PRODUCTS MARKET TRENDS NEWS

Frozen potato fries market surges with growing demand for ready-to-cook (RTC) food options

19 Jul 2023 Read: 2 min.

The global frozen potato fries market is poised for significant growth, with an estimated increase of 8,00 billion USD from 2022 to 2027. Technavio, a leading market research firm, predicts that the market will progress at a steady CAGR of 5.84%. Market segmentation: product, application and geography The frozen potato fries market is segmented based…

BEVERAGES NEWS OCEANIA retail

FOUR PILLARS GIN ACQUIRED BY BREWER LION FOR REPORTED A$50 MILLION

19 Jul 2023 Read: 3 min.

Leading Australian brewer, Lion – the producer of XXXX in Brisbane, Tooheys in Sydney and Little Creatures in Fremantle and Geelong – has taken 100% ownership of Four Pillars Gin, one of the country’s best known labels.

NEWS SIAL NEWS TRADE TALK

SIAL TALKS: Nutri-Score seeing positive outcomes among low-income consumers

18 Jul 2023 Read: 3 min.

The European Nutri-Score nutrition label is starting to have significant impact on the behaviour of consumers, according to a speaker at a recent SIAL Talks conference, and simplified nutrition labels are most effective, but labelling needs to appear on all food items. This is all according to the speaker - Julia Chantal, a professor in…

AMERICAS FOOD PROCESSING NEWS

UPSIDE Foods launches cultivated chicken at Bar Creen

18 Jul 2023 Read: 2 min.

UPSIDE Foods, one of the leading cultivated meat, poultry and seafood companies, announced that its cultivated chicken – grown directly from real animal cells – has been launched at the renowned Michelin-starred Bar Crenn in San Francisco, California. The historic event, held on Saturday, 1 July, was the first-ever consumer sale of cultivated meat in…

AMERICAS BEVERAGES EUROPE OCEANIA

CONSTELLATION BRANDS SEES BEER SALES RISE BY 11% in Q1

17 Jul 2023 Read: 3 min.

International drinks producer and marketer, Constellation Brands, has witnessed strong growth in its beer business which posted an 11% net sales increase in the first fiscal quarter of 2024 ending 31 May. The rise was driven by an uplift in shipments of 7.5%.

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