Food Industry News : Inspire food Business

CULT FOOD SCIENCE REVEALS VISION TO GROW GLOBAL CLEAN MEAT AND DAIRY INDUSTRY

07 Oct 2021 Read: 3 min.

Vancouver-based CULT Food Science, an investment platform with an exclusive focus on clean, lab-grown food has set out plans for accelerating the adoption of cultivated meat and dairy products globally, by investing in the development of novel technologies to provide a sustainable, environmental, and ethical solution to the global factory farming crisis.

ORGANIC & WELLNESS

ORGANIC FOOD SECTOR TO BE WORTH $380 BILLION IN 2025, REPORT FORECASTS

06 Oct 2021 Read: 2 min.

Reports have indicated that the global organic food market is set to grow at a brisk rate, with one forecast suggesting it will be worth more than $380 billion in 2025.

AMERICAS BEVERAGES EUROPE TRADE TALK

CLEANCO TEAMS UP WITH DEMETER & CO TO BECOME A LEADER IN LOW-ALCOHOLIC DRINKS MARKET

06 Oct 2021 Read: 3 min.

UK-based non-alcoholic spirits brand CleanCo has partnered with U.S startup Demeter & Co, in a bid to “grow a global brand at speed” and become “one of the largest” non-alcoholic spirits brands in the world, as demand grows for low- or no-alcohol alternatives. CleanCo is the brainchild of UK reality TV star, Spencer Matthews, who…

AMERICAS NEWS ORGANIC & WELLNESS

USDA ORGANIC APPOINTMENT WELCOMED AS “MUCH-NEEDED VOICE” FOR $62 BILLION MARKET

05 Oct 2021 Read: 2 min.

Among a series of staff hires just announced in Washington DC, the United States Department of Agriculture (USDA) has reinstated the post of senior advisor for organic and emerging markets and appointed Marni Karlin to the role.

ASIA TOPICS

PWC REPORTS THAT ASIA SET TO DOUBLE ITS FOOD SPEND BY $8TN BY 2030

05 Oct 2021 Read: 4 min.

Asia is set to double its spending on food to more than $8 trillion by 2030, according to a joint report by PwC, Rabobank and Temosek, creating a huge opportunity for investors. However, collective action will be required to unlock this opportunity, and overcome the challenges that lay ahead. The report, titled "The Asia Food…

AMERICAS BEVERAGES NEWS

5 HOLIDAY ALCOHOL SALES PREDICTIONS TO HELP BUMP UP US SALES

04 Oct 2021 Read: 3 min.

A survey of consumers has revealed how the alcohol market could perform during the holiday season in the United States.

EUROPE FROZEN PRODUCTS

FORTENOVA PURCHASE BY AMBITIOUS NOMAD FOODS COMPLETED FOR €615 MILLION

04 Oct 2021 Read: 2 min.

Nomad Foods has declared that it is “delighted” to have completed its purchase of the frozen food business of the Croatian-based Fortenova Group.

ASIA MEAT

ALEPH FARMS SIGNS DEALS TO PROMOTE CULTIVATED MEAT IN ASIA AS BEEF DEMAND JUMPS 16%

01 Oct 2021 Read: 3 min.

Cultivated meat sales in Asia could expand thanks to a new agreement involving Aleph Farms, which produces steaks from animal cells.

TRADE TALK

FOOD PRICES COULD SPARK INSTABILITY, EXPERT WARNS, AFTER COSTS SPIKE 33%

01 Oct 2021 Read: 2 min.

Increases in food prices brought about by climate change could destabilise societies, a researcher has warned after UN Food and Agriculture Organisation figures found a one third jump in food prices since last year.

AMERICAS FOOD PROCESSING NEWS

ARDENT MILLS TO ACQUIRE FIREBIRD ARTISAN MILLS BY END OF 2021

30 Sep 2021 Read: 2 min.

Flour-milling and ingredients company Ardent Mills, is to acquire “substantially all” the business assets of Firebird Artisan Mills, a gluten-free, speciality grain and pulse milling company that is part of the holding Agspring. The deal is expected to close by the end of the year.

EUROPE GROCERY

UK RETAILERS TOLD TO PREPARE FOR UK FOOD INFORMATION AMENDMENT, AKA ‘NATASHA’S LAW’

30 Sep 2021 Read: 3 min.

From 1 October 2021, the UK Food Information Amendment – also known as Natasha’s Law – will require businesses to provide full ingredient lists and allergen labelling on all food that is prepackaged for direct sale (PPDS). In other words, food that is packaged on the same premises where it is offered or sold to customers.

EUROPE NEWS

INSECT PROTEIN OFFERS GREATEST CARBON BENEFITS IF EATEN BY PEOPLE, STUDY FINDS

29 Sep 2021 Read: 2 min.

Insect protein offers the greatest benefits in terms of carbon emissions if it is consumed directly by people, a new study from researchers at two European universities has found.

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