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Daily Insights and Food Industry News

Dairy trends 2023: Mixed picture due to inflation, while dairy alts get a boost

01 Mar 2023  Read: 3 min.
According to recent reports, inflation and supply chain issues are all likely to impact the dairy market in the coming 12 months and beyond, while a rise in dairy alternatives may also influence dairy trends

NOMAD FOODS ANNOUNCES RECORD REVENUE AFTER PRICE INCREASE

01 Mar 2023  Read: 2 min.
Nomad Foods, the global food giant which owns well-known brands Bird's Eye, Aunt Bessie's and Goodfella's Pizza, has raised its prices in order to offset the cost of inflation

PROV LAUNCHES ACCESSIBLE, HEALTHY SNACKS AS IT BUILDS SALES MOMENTUM OUT TO 2026

28 Feb 2023  Read: 2 min.
One of India’s fastest-growing dry fruits snacks brands, ProV, has launched a new line called ProV Minis, designed specifically for the Indian market, for healthy, on-the-go nutrition.

PREMIUM SPIRITS LED US ALCOHOL SALES IN 2022, BUT THERE WERE LOSERS TOO

27 Feb 2023  Read: 3 min.
Preliminary 2022 data across the total beverage alcohol industry in the US show that all major categories – beer, cider, wine, spirits, and ready-to-drink (RTDs) – posted growth across the premium-plus price tiers according to drinks market analyst IWSR. Spirits led the way.

The Bottle Collective to combat single-use plastic waste with fibre packaging

27 Feb 2023  Read: 3 min.
The newly-launched Bottle Collective will develop alternative packaging made of fibre to help combat the use of single-use bottles across the food and beverage industry. The Collective was launched by PA Consulting, a US-based consultancy firm, as well as PulPac, a Swedish research and development company that is credited with developing the production of Dry…

AMBITIOUS LULU GROUP OPENS ANOTHER SUPER-SIZED OUTLET IN SAUDI ARABIA

24 Feb 2023  Read: 2 min.
Lulu Group, UAE-based supermarket operator, has shown its ambition to continue expanding in the Middle East by debuting a huge store in Saudi Arabia

ASDA REFRESHES ONLINE GROCERY PRESENCE IN A BREAK FROM FORMER OWNER WALMART

24 Feb 2023  Read: 3 min.
Asda, one of the UK’s big four supermarket groups, has announced that it is moving over to its own online grocery platform

USDA PUMPS $59 MILLION INTO STRENGTHENING FOOD SUPPLY CHAIN

23 Feb 2023  Read: 2 min.
The US Department of Agriculture (USDA) this week announced that it would invest $59 million across the country to lift independent meat and poultry processing capacity and expand market opportunities for farmers.

SWEETENER START-UP ELO LIFE SYSTEMS RAISES $24.5M INVESTMENT TO ACCELERATE DEVELOPMENT PLANS

23 Feb 2023  Read: 3 min.
Elo Life Systems, a start-up focused on creating healthier plant-based sweeteners and sugar alternatives has announced the completion of its Series A financing

Mondelēz looks for the sweet spot in $71 billion cake and pastry sector

22 Feb 2023  Read: 3 min.
Mondelēz is looking to tap into the popularity of its snack brands with a major push into the global cake and pastry category

US BEEF EXPORTS SET NEW VOLUME AND VALUE RECORDS IN 2022

21 Feb 2023  Read: 2 min.
American beef exports saw declines between 2018 to 2020 but they have been reversed in recent years peaking in 2022 to set new records according to data released by USDA and compiled by the US Meat Export Federation (USMEF).

SELF-SERVE TECHNOLOGY OPENS NEW DOORS FOR DRINK COMMAND

20 Feb 2023  Read: 3 min.
Improvements in self-serve beverage technology have allowed Drink Command, claimed to be a global leader in the sector, to open new ‘tap wall’ locations at large sporting venues in the United Kingdom.

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