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Daily Insights and Food Industry News

SIAL Paris 2024 to celebrate its 60th anniversary

SIAL Paris promises an exceptional edition in 2024 as the world's largest trade show in the food industry celebrates its 60th anniversary. There will be lots of surprises in store for visitors! Poster of the inaugural international food show (Photo: www.sialparis.com/en/the-show/our-story) It was a major event in 1964: the first Salon International de l'Alimentation (International…

FROZEN BURRITO BRAND RED’S ALL NATURAL ACQUIRED BY BANSK GROUP

Private investment firm Bansk has acquired a majority interest in Red’s All Natural, a brand that specialises in frozen burritos and breakfast sandwiches. 

DAIRY PRODUCTS CHINA: STRONG IMPORT GROWTH PREDICTED

A recent report has cast light on the dynamic dairy industry in China, with strong growth of dairy products predicted over the next ten years.

BARRY CALLEBAUT’S LATEST CHOCOLATE FACTORY IN INDIA WILL OPEN IN 2024

Chocolate maker Barry Callebaut Group is set to complete and make operational its third manufacturing facility in India by 2024 bringing the Swiss company’s investment on the sub-continent over the past five years to more than $50 million.

WINE SET FOR HEALTHY GROWTH OF 6% ANNUALLY TO 2026, SAYS GLOBALDATA

A new report from London-based analyst GlobalData says that rising disposable incomes coupled with increasing employment rates will propel the demand for wine globally.

FOOD PRICE INFLATION SET TO PEAK IN EARLY 2023 BEFORE TAILING OFF AS THE YEAR CONTINUES

Food price inflation has been a major concern in many parts of the world in 2022, fuelled initially by hikes in the cost of goods such as fertilisers, which resulted in a surge in grain costs.

NOMU IS CREATED BY THE MERGER OF TWO AMBITIOUS MIDDLE EASTERN FOOD DELIVERY FIRMS

Two Middle Eastern companies working in the food delivery sector have joined forces to create a new entity called Nomu.

URBAN PLATES TO MAKE SUBSCRIPTIONS MORE COMPETITIVE WITH A 50% FEE CUT

Healthy eating subscription food company and restaurateur Urban Plates is upgrading its signature Plate Pass program to offer more savings from 1 January 2023, in the light of inflationary pressures impacting consumer demand.

PLANT-BASED MILK MARKET TO GROW TO $30.79BN BY 2030, SAYS NEW REPORT

The global plant-based milk market is anticipated to project robust growth at a CAGR of 8.8%, and reaching $30.79bn by 2030, a new report by Research and Markets has forecast. Drivers will include increasing lactose intolerance among people, as well as innovative offerings by market players globally, etc.

Halal butchers will join New Zealand’s immigration green list from March 2023

To help address shortages, halal butchers will join the New Zealand government’s ‘green list’ for work visas, with applicants able to count time on a work visa from 29 September 2021 towards their work-to-residence requirement.

How did 2022 pan out for the US spirits business?

A year ago, BevAlc Insights, the data arm of US online drinks platform Drizly, made some predictions for wine and spirits sales and consumer behaviours for 2022. So how many came true? Here’s a quick digest of how the market developed against the crystal ball gazing.

TRACEX AIMS TO IMPROVE TRACEABILITY AND CLIMATE PERFORMANCE IN THE FOOD SECTOR

TraceX Technologies, a start-up company in India, is using blockchain to improve traceability and the auditing of climate change efforts in the food industry.

AMCOR AND MARS WRIGLEY UNVEIL INNOVATIVE RECYCLABLE PACKAGING FOR CHOCOLATE BARS IN 2023

Chocolate bars such as Mars will be sold in Australia in recyclable packaging from Amcor as part of an initiative described as a world first.
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