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Inspire
Food
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Daily Insights and Food Industry News
Mar 12, 2022 - Episode 1

How Europe uses its voice to spark a food revolution?

market trends, while Gemma Scott catches up with David O’Neill, the CEO of the European Sales & Marketing Association, to discuss the effects of Brexit, a global pandemic and the strength of the industry.

DIAGEO SUSTAINABLE SOLUTIONS OPENS FOR APPLICATIONS: DEADLINE 14 JANUARY

Johnnie Walker whisky maker Diageo has opened the second round of its sustainability initiative – Diageo Sustainable Solutions – as it forges ahead with ambitious plans for drive ahead with greener manufacturing, production and distribution of its beverages.

CJ CHEILJEDANG ENJOYS FOREIGN SALES GROWTH AMID POPULARITY OF K-POP

CJ CheilJedang, a South Korean frozen food company, has experienced a rapid rise in its overseas sales, with the global popularity of Korean music and television programmes partly given credit for the increases.

BANANA PRODUCERS CAUTIOUSLY WELCOME €0.09 PER KILO INCREASE FROM ALDI

Banana producers have given a cautious welcome to the decision by Aldi, the German supermarket group, to increase the price that it pays for the fruit.

INDIAN AGRI-TECH INVESTMENTS COULD GENERATE €720.5 BILLION, REPORT INDICATES

Investments in agri-tech could help India to generate $813 billion (€720.5 billion) in revenue from agriculture, according to a new report.

ZEPTO RAISES $100M IN NEW FUNDING ROUND DOUBLING ITS VALUATION TO $570M

Zepto, the Indian instant grocery delivery start-up, has raised $100 million (€88m) in a funding round led by a Silicone Valley Y Combinator Continuity Fund, taking its valuation to $570 million (€503m), and more than doubling its worth from $225m (€198m) - all within five months of starting its service.

ADM BOOSTS HIGH-VALUE FLAVOURS BUSINESS WITH LATEST ACQUISITION

ADM, a global player in nutrition and agricultural origination and processing, has acquired Flavor Infusion International SA (FISA), the flavour and speciality ingredient solutions provider for customers in Latin America and the Caribbean.

CLIF BAR TO TARGET PET FOOD SECTOR IN 2022 WITH LAUNCH OF VEGAN DOG TREATS

Clif Bar is leaping into the pet food category with the launch of its new line of plant-based snacks for dogs.

PFAS RULES FOR 2022 SET TO IMPROVE ECO-SAFETY OF FOOD PACKAGING

A step forward in the environmental safety of food packaging is expected next year, with the European Union set to introduce rules around PFAS, a widely used group of chemicals.

US GROCERY BUDGETS PREDICTED TO RISE BY 14% IN 2022, ACCORDING TO NEW SURVEY

American consumers expect to spend around 14% more on their grocery shopping in 2022, according to a new consumer survey from KPMG.

GREEN COFFEE COMPANY EASILY COMPLETES $9.6 MILLION FUNDING ROUND AND UPSIZES

Colombia’s Green Coffee Company (GCC) has closed an initial and well subscribed $9.6 million Series B funding stage, bringing over 180 individual investors into the business.

WALMART SUPPLY CHAIN PLAN NOW TARGETS EMISSIONS CUTS AS PART OF 1.5 DEGREE PATHWAY

The world’s biggest grocer retailer, Walmart, has moved to the next phase in its path to cut one billion metric tons (a gigaton) of greenhouse gas (GHG) emissions from its global supply chain by 2030.

WOOLWORTHS DOWNGRADES PROFIT FORECAST BUT LONG-TERM OUTLOOK UNAFFECTED

An easing of Covid-19 restrictions has caused Woolworths Group, the Australian supermarket chain, to lower its forecast for revenues from its food business.
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