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Daily Insights and Food Industry News

AMBITIOUS BLOCKCHAIN TOOL TRACES NUTRIENT DENSITY

17 Mar 2023  Read: 2 min.
Merge Impact, a company based in the United States, has announced a tool that uses blockchain to track nutrient density.

Meat Business Women announces partnerships with McDonald’s and Morrisons

16 Mar 2023  Read: 3 min.
The professional community for women working in the meat industry recently announced it is launching a new partnership with McDonald’s while extending its partnership with Morrisons McDonald’s UK and Ireland recently committed to a two-year partnership with Meat Business Women, the United Nations’ recognised professional network for women working in the meat industry. Goals include…

WWF AND LIDL GB PLAN TO CUT ENVIRONMENTAL IMPACT OF UK SHOPPING BASKETS BY 50%

16 Mar 2023  Read: 2 min.
Conservation organisation, WWF, has announced that Lidl GB has become the first discounter to sign WWF’s Retailers’ Commitment for Nature which aims to halve the environmental impact of the average UK shopping basket by 2030.

Hershey Company adds plant-based options to Reese’s and Hershey’s brands

15 Mar 2023  Read: < 1 min.
Leading US confectionary firm The Hershey Company is adding two new plant-based products for those looking for a milk chocolate alternative. The new launches - Reese’s Plant Based Peanut Butter Cups and Hershey’s Plant Based Extra Creamy with Almonds and Sea Salt – promise "a melt-in-your-mouth experience" and will be seen in US stores this…

Dole announces move towards wellness with 11 new product launches

15 Mar 2023  Read: 3 min.
Dole Packaged Foods has announced major plans to accelerate the 170-year-old company's transformation into a purpose-led, nutrition and wellness company, starting with 11 new product launches this year

TYSON VENTURES SEEKS NEW UPCYCLING STARTUPS FOR PITCHES ON 11 JULY

14 Mar 2023  Read: 2 min.
Tyson Ventures, the venture capital arm of food giant Tyson Foods, is calling for applications for its second annual Demo Day. The theme this year is upcycling and the deadlines for online applications is 1 May.

Chinese food brand Fly by Jing raises $12M in funding

14 Mar 2023  Read: 3 min.
The first modern Chinese food brand that popularised chili crisp has secured $12M in Series B funding to continue its explosive growth. Fly by Jing's existing investor Prelude Growth Partners funded the round alongside Pendulum. The capital positions the company for continued significant growth by propelling it into Kroger, Albertsons and other national grocery retailers, in addition to the existing…

Brewers quickly pick up the baton of changing consumer tastes

13 Mar 2023  Read: 3 min.
In the decade to 2021, data from drinks analyst IWSR show that global beer consumption slipped by 4%. However, the long-term sales trend has not been negative for brewers because they have turned to higher-value products and new growth categories. And the pandemic has super-charged some of this activity.

Global fruit and vegetable processing market to reach $14.1bn by 2030

13 Mar 2023  Read: 2 min.
Health awareness is said to be a driving force behind encouraging projections for the global fruit and vegetable processing market which is expected to almost double in the coming years A new report by Zion Market Research says the sector is set to increase to $14.1bn (€13.08bn), up from $8.5bn (€7.9bn) in 2022 - with…

Aleph Farms agrees deal to produce cultivated steaks in Singapore

10 Mar 2023  Read: 2 min.
Israeli cultivated meat producer Aleph Farms has signed a memorandum of understanding with Esco Aster to launch operations in Singapore Aleph Farms, which is headquartered in Rehovat, has acquired a manufacturing facility in its home country, having bought assets from VBL Therapeutics.CEO and co-founder Didier Toubia said that Israel and Singapore were the first two…

EU’s ambitious marine sustainability initiative aims to promote seafood security, commissioner says

10 Mar 2023  Read: 3 min.
European leaders have outlined how marine environment protection measures could safeguard the EU’s seafood sectors and improve food security in the 27-member bloc. The measures, recently announced by the European Commission, are also designed to promote an energy transition in the EU's fisheries and aquaculture sector. They aim to protect and restore ecosystems, and promote…

ALDI PARTNERS WITH DOORDASH TO DELIVER GROCERIES IN 38 US STATES

09 Mar 2023  Read: 2 min.
Value grocery retailer Aldi has tied up a deal in the US with local commerce platform DoorDash so its customers can get deliveries direct to their front doors. The on-demand service will apply to “nearly all” store locations across 38 states, said the grocer.

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