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Daily Insights and Food Industry News

WHY FOOD PRICES IN FIJI ARE DECREASING DESPITE STEEP WORLDWIDE INFLATION

02 Sep 2022  Read: < 1 min.
A new report from the Fijian Competition and Consumer Commission has shown that food prices in Fiji are decreasing, with a number of contributing factors.

SIAL FINDS BIG CHANGES IN CONSUMER ATTITUDES TO FOOD IN THE POST-COVID WORLD

02 Sep 2022  Read: 5 min.
Consumers are thinking hard about what they eat and are making choices that they believe will help to make the world a better place, research carried out for SIAL has found.

UK FOOD INFLATION TOPS 9%, A 14-YEAR HIGH

01 Sep 2022  Read: 2 min.
Food inflation in the UK accelerated strongly to 9.3% in August, up from 7% in July. This is above the three-month average rate of 7.2% and the highest inflation rate since August 2008. For fresh food, the inflation rate in August was higher at 10.5% while ambient food accelerated to 7.8%.

FUTURE MEAT DEVELOPS ITS FIRST CULTIVATED LAMB, A WORLD FIRST?

01 Sep 2022  Read: 3 min.
Future Meat Technologies has recently developed a revolutionary new alternative meat. The Israel-based cultivated food manufacturer is revered for its innovative technology used to produce meat, and it is thought this new invention will be a bold stimulus for the alternative meat industry.

DOLE REINFORCES COMMITMENT TO PEOPLE, PLANET AND PROSPERITY WITH NEW OPERATIONS IN SIERRA LEONE

31 Aug 2022  Read: 3 min.
Packaged fruit brand Dole Sunshine Company (DSC) says it has reinforced its commitment in Sierra Leone as it nears completion of Phase 1 of its $70 million project to improve livelihoods in the region.

CLEAN JUICE PROMOTES INNOVATION AND CORE VALUES AS DRIVERS FOR Q2 SUCCESS

31 Aug 2022  Read: 3 min.
Clean Juice, the organic juice and food bar franchise has reported a successful second quarter in 2022 and has named innovation and its core values as reasons for its success.

MIKKELLER RETURNS TO CONTRACT BREWING IN US AFTER 6 YEARS

30 Aug 2022  Read: 2 min.
Independent beer brand, Mikkeller, is to cease operations at its brewery and tasting room in San Diego, California, but will continue its business in the US through contract brewing instead, via the AleSmith Brewing Company.

NISSIN FOODS REVEALS 2022 INTERIM RESULTS

30 Aug 2022  Read: 3 min.
Japanese brand Nissin Foods has released its latest sales figures from April to June 2022 which showed an increase in instant noodle sales across the board.

CAMPARI GROUP EXPANDS IN BOURBON MARKET WITH 15% STAKE IN HOWLER HEAD

29 Aug 2022  Read: 3 min.
Italy’s Campari Group has closed an agreement with Catalyst Spirits to acquire an initial 15% interest in Howler Head bourbon whiskey for $15 million – with medium-term plans for total ownership and also to obtain exclusive global distribution rights.

CUTTING-EDGE EDIBLE FOOD PACKAGING COULD HELP TO REDUCE PLASTIC WASTE

29 Aug 2022  Read: 2 min.
Researchers in the Czech Republic have come up with a novel solution to the problem of plastic waste – edible food packaging.

MYCEL RAISES €10 MILLION FOR AMBITIOUS PLANS TO COMMERCIALISE FUNGI-BASED MEAT

26 Aug 2022  Read: 2 min.
Mycel, a South Korean company that produces meat and leather substitutes from fungi, has raised $10 million (€10.03 million) in pre-Series A funding and is hoping for some of its products to go on sale next year.

WORKER SHORTAGES LEADING TO FRUIT AND VEGETABLE WASTAGE AND CALLS FOR VISA RULES TO BE RELAXED

26 Aug 2022  Read: 3 min.
Labour shortages are causing significant difficulties for food growers, often leading to large amounts of produce being wasted.

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