As we have previously reported, the no/low alcohol market in the ten top markets tracked by drinks analyst IWSR reached close to $10 million in 2021. But the scope for growth is enormous, with the category set to record a compound annual growth rate (CAGR) of 8% between 2021 and 2025, if the right strategies are adopted.
A wide array of domestic and international exhibitors will be featured at SIAL America, a cross-category generalist food and beverage show that takes place from March 22 to 24 in Las Vegas.
Israeli biotech startup, Phytolon, is partnering with cell programming platform Ginkgo Bioworks to produce vibrant cultured food colours via fermentation of yeast.
Confectionary brand Hotel Chocolat is set to open more stores and create new jobs after posting strong interim sales profit of £24.1m (€28.9m) despite rising inflation.
As anticipation grows ahead of SIAL Canada, olive oil producers and cheesemakers are being invited to enter two major competitions taking place at the event, which runs from April 20 to 22 in Montreal.
The Kraft Heinz Company and leading food tech start-up TheNotCompany, Inc. have announced a joint venture designed to "reimagine global food production and advance toward a more sustainable future", the companies have said.
Television’s competitive cooking show brand delights tea drinkers around the globe with the launch of its specialty ‘MasterChef: The Champions Collection’ tea blends. Banijay Brands has partnered with one of the world’s largest tea producers to inspire a truly scintillating collection of tea blends that are certain to win over any MasterChef judge. The partnership…
Riviana Foods – North America’s largest processor, marketer and distributor of branded and private label rice products – has signed an agreement to buy the assets of InHarvest, another specialist in the production, marketing and sale of premium speciality rice, quinoa and grains (including wild rice).
As well as accelerating trends in the alcoholic drinks sector, Covid-19 has also changed some of them thanks to new consumer behaviour. In the US, data is emerging that ready-to-drink (RTD) cocktails in particular saw unusually fast growth. The question is whether that will continue now that life is returning to normal.
Frozen food sales in the UK remain significantly above pre-pandemic levels, according to a new report issued by the British Frozen Food Federation (BFFF).
The environmental impact of producing and transporting glass bottles is an increasing concern in the wine industry – and multiple approaches are being taken to deal with the issue, including efforts to increase recycled content.
