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Daily Insights and Food Industry News

Unilever offers fresh insights with first Future Menu Trends report

04 Apr 2023  Read: 3 min.
Under its Food Solutions branch, Unilever launched its first Future Menu Trends report which was developed in collaboration with more than 1,600 chefs in over 21 countries. The global consumer products giant released its Future Menu Trends report 2023 during an event for leading chefs and food industry experts at Hive, its Foods Innovation Centre…

Ethical food market to near $200 million by 2027

03 Apr 2023  Read: 3 min.
The global value of the ethical food market is set to soar in the coming years. From a value of nearly $134 million in 2022, it is forecast to close 2027 with sales of $198.5 million according to a new report from ResearchAndMarkets.

Nomadic marks 25th anniversary with rebrand that drops dairy reference

03 Apr 2023  Read: < 1 min.
Irish dairy-based snack food brand Nomadic celebrated its milestone year with a new look which moves away from its association with dairy The company continues to expand into new markets, following the successful launch of its first non-yogurt products – two protein puddings – in January.First stocked in Morrisons and Spar, the protein puddings are…

Konscious Foods reveals impressive list of plant-based seafood products

31 Mar 2023  Read: 2 min.
The new range of plant-based seafoods by Konscious Foods include tuna, salmon and snow crab. Konscious Foods is one of many entrants into a market that is sparking increasing levels of interest thanks to improved technology that means that plant-based products closely resemble traditional seafoods.The new products by Konscious Foods have been created by the…

Just Eat Takeaway shifts from permanent to casual staff to simplify deliveries

31 Mar 2023  Read: 3 min.
The decision by Just Eat Takeaway comes as the company looks to improve performance after recording full-year positive Ebitda results with heavy pre-tax losses in 2022 In a statement, Just Eat UK (JET) said it was "reorganising and simplifying its delivery operation" as it looks to achieve efficiency savings.“As part of this process we have…

How food waste management companies are investing in ESG strategy

30 Mar 2023  Read: 3 min.
A report provided by Astra ESG Solutions has found that food waste management industry players are investing heavily in their environmental, social and governance (ESG) strategies. With the pressure of reducing the causes and effects of climate change being felt across the food industry, ESG strategies are key for companies to exact positive change for…

India reveals $12 million PMFME support for micro food processors

30 Mar 2023  Read: 2 min.
India’s Ministry of Food Processing Industries (MoFPI) has provided figures for a centrally sponsored scheme for micro food processing enterprises called PMFME that it first implemented in the financial year 2020/21 to run for five years until 2024/25.

Celebrities team up with Silk Almondmilk on new acoustic concert series

29 Mar 2023  Read: 3 min.
Silk is excited to introduce the Silk Almondmilk Tiny Kitchen Concerts highlighting intimate, acoustic performances from the next generation of up-and-coming artists – Daniel Seavey, Brittney Spencer, Jordy and Ogi. The singers are showcasing their favourite ways to enjoy their breakfast with Silk Almondmilk as they team up with Silk Almondmilk with a new acoustic…

MEITUAN PEAK DAILY ORDER VOLUMES INCREASED TO 60 MILLION IN 2022

28 Mar 2023  Read: 2 min.
Chinese technology-driven delivery giant Meituan has just posted its 2022 results which showed steady momentum for its food delivery business, with peak daily order volumes surpassing 60 million and grocery showing robust growth.

Agritech drives growth in European farming with £80bn investment

28 Mar 2023  Read: 4 min.
A new report by Govgrant has found that the UK and Europe are leading the way when it comes to agritech investment, having received nearly half of the £186bn global total. This £186 billion of investment has come from just over 6000 different investors, according to GovGrant, a R&D tax specialist and IP patent box…

FEVER TREE HITS 11% GROWTH BUT SEES UK DECLINE

27 Mar 2023  Read: 3 min.
Premium mixer brand Fever Tree hit a home run in 2022 as top line revenue growth reached 11% year-on-year, driven by an 18% uplift across the United States, Europe, and rest of the world. However, the UK – the company’s home, and biggest, market – slipped by 2%.

Plant-based revolution? Where the cheese market is headed in the next ten years

27 Mar 2023  Read: 3 min.
The global cheese market is predicted to steadily grow over the next decade. But what key developments in the industry are driving positive momentum? A report from Market Research Future centred around the global cheese market predicts the industry to have a compound annual growth rate of 3.5% between the forecasted period of 2020 until…

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