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Daily Insights and Food Industry News

New SIAL Innovation Public Prize 2022 gives audience chance to have their say

SIAL has this year launched a new category of SIAL Innovation - the Public Prize

SIAL 2022 welcomes new patron Mauro Colagreco to champion ‘own the change’ campaign

SIAL 2022 welcomes new patron Mauro Colagreco to champion 'own the change' campaign. The internationally renowned chef is partnering with SIAL 2022 to help people change their relationship with food and develop a circular gastronomy.

#5 How ethical food sourcing is key to building a sustainable CSR policy ?

In this edition of Food for Thought, the SIAL Podcast, host David Addison looks at the latest European food industry news and market trends, and speaks to Emeline Fellus Director, FReSH and Member of the Extended Leadership Group about sustainability and how attitudes are changing towards it. Time-stamped show notes 00:00 ➡️ 04:15: industry news…

SAUDI ARABIA PUMPING €24.4 BILLION INTO FOOD AND AGRICULTURE IN BID TO BOOST PRODUCTION AND EXPORTS

Saudi Arabia is planning to invest heavily in its food and agricultural sectors, a senior official has said, with the aim of increasing domestic production and expanding exports.

WALMART INVESTS IN NEBRASKA-BASED SUSTAINABLE BEEF, WITH NEW PLANT PLANNED BY 2024

As part of plans to increase access to quality beef at affordable prices for customers, grocery giant Walmart has signed an agreement to acquire a minority stake in Sustainable Beef LLC, a rancher-owned company based in North Platte, Nebraska.

MEDICINAL MUSHROOMS MARKET SET TO BOOM BY 2025 SAYS NEW REPORT FROM TECHNAVIO

The medicinal mushrooms market is set to boom by $4.55 billion by 2025, according to new data from Technavio, as the food industry and consumers become increasingly aware of the health benefits and medicinal properties that fungi offers.

AQUACULTURE STEWARDSHIP COUNCIL SIGNS MEMORANDUM WITH JAPAN-BASED SEAFOOD LEGACY ORGANISATION

A memorandum of understanding has been signed between Seafood Legacy, a Japan-based social and environmental organisation, and the Aquaculture Stewardship Council, an independent organisation that focuses on sustainable aquaculture.

ENJOYMENT IS ONE OF THE FOOD INDUSTRY’S KEY INNOVATORS, NEW STUDY FOR SIAL REVEALS

Enjoyment is a key motivator and driver for innovation in the food industry, SIAL has found.

AUSTRALIAN GOAT MEAT SCORES OVER 50 IN STUDY, IMPLYING HIGH ACCEPTANCE

Consumer taste-test results show that Australian goat meat has a high acceptance among domestic consumers who scored it, on average, over 50 points, which is considered a good everyday product. This has flagged the meat’s potential for domestic consumption.

PERNOD RICARD SETS NEW RECORD WITH OVER €10 BILLION IN ANNUAL SALES

The world’s second biggest producer of wines and spirits, Pernod Ricard, generated record sales of €10.7 billion in its fiscal year 2022, ending in June, with all regions contributing to growth.

WHY FOOD PRICES IN FIJI ARE DECREASING DESPITE STEEP WORLDWIDE INFLATION

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

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

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?

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

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.
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