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Daily Insights and Food Industry News

ARYZTA ENJOYS 10% SALES GROWTH THANKS TO REOPENINGS

24 Nov 2021  Read: 2 min.
Aryzta, the Swiss-based bakery business, enjoyed a significant increase in revenues in the three months to the end of October 2021, thanks in large part to the reopening of food service outlets.

STARBUCKS UK TEAMS UP WITH ARLA TO REDUCE EMISSIONS

24 Nov 2021  Read: 3 min.
Starbucks has announced that it is teaming up with farmer-owned dairy cooperative Arla for a three-year pilot scheme in the UK, in a bid to reduce its carbon footprint and "create an industry-leading sustainable sourcing blueprint", which will go on to support its dairy suppliers across Starbucks Europe, Middle East, and Africa (EMEA). With dairy…

WALMART LIFTS EXPECTATIONS AFTER STRONG Q3 PERFORMANCE

23 Nov 2021  Read: 3 min.
Walmart has raised its outlook for sales and profit growth for the full year, after a strong performance in the third quarter.

OATLY OPENS FIRST FACTORY IN CHINA WITH 150 MILLION LITRE CAPACITY

23 Nov 2021  Read: 2 min.
Sweden-based oat drinks company Oatly Group has opened its first production facility in Ma’anshan, China, on the heels of its first factory in Singapore in July.

WIDER SINGLE-USE PLASTICS BAN IS FLOATED IN UK TO CUT DOWN ON 5 BILLION ITEMS

22 Nov 2021  Read: 3 min.
Single-use plastic plates, cutlery, expanded and extruded polystyrene cups, and food and beverage containers could all be phased out in England as the UK government takes tough new steps to eliminate avoidable plastic waste

FERTILISER COSTS COULD CAUSE FOOD PRICE PRESSURE TO CONTINUE

22 Nov 2021  Read: 2 min.
Food prices may continue to be under pressure as a result of shortages of fertiliser affecting the agricultural sector.

LOCUSTS ON THE MENU AS EU APPROVES THEM FOR HUMAN CONSUMPTION

19 Nov 2021  Read: 3 min.
Locusts have become the second insect to be approved for human consumption by the European Commission, following the green light given to mealworms earlier this year.

SEAFOOD PACKAGING REPORT FORECASTS 3% GROWTH IN US SALES UNTIL 2025

19 Nov 2021  Read: 2 min.
Modest growth is expected in the seafood packaging market in the United States in line with an increase in demand for pre-packaged or case-ready products, according to a new report.

COULD LUPINS BE A SUSTAINABLE FOOD CHOICE FOR THE FUTURE?

18 Nov 2021  Read: 3 min.
Lupins could feed Europe and make space for 30 billion trees, according to Swedish startup Lupinta.

DEL MONTE UPCYCLED OVER 270,000KG OF GREEN BEANS IN 2020

18 Nov 2021  Read: 2 min.
Food giant Del Monte Foods has taken a lead in the upcycled food movement by redirecting over 270,000kg of green beans last year to make nourishing new products while reducing greenhouse gas emissions.

SPECIAL ‘DO NOT REFREEZE’ LABELS LAUNCHED TO HELP MAINTAIN FOOD SAFETY

17 Nov 2021  Read: 2 min.
A heat-sensitive 'Do Not Refreeze' label, that shows when food has already been frozen, has been launched with the aim of helping to ensure food remains safe to eat.

RBI TO TAKE OVER FIREHOUSE SUBS IN $1BN DEAL

17 Nov 2021  Read: 3 min.
Restaurant Brands International (RBI), the parent company of Burger King, Tim Hortons and Popeyes is to acquire another North American fast food chain, Firehouse Restaurant Group (Firehouse Subs) for $1 billion (€880m) in an all-cash transaction. According to a statement, the transaction will offer significant long-term unit growth potential to drive attractive returns for all…

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