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Daily Insights and Food Industry News

FLYING EMBERS CLOSES $20M SERIES C ROUND SUPPORTED BY BEAM SUNTORY

25 Jan 2022  Read: 2 min.
Global premium spirits group Beam Suntory has backed organic hard kombucha and hard seltzer maker, Flying Embers, in its latest Series C round which closed at $20 million. Funding also came from Power Plant Ventures, Quadrant Capital, Monogram Capital Partners, and Beechwood Capital in follow-on investments.

DAILY HARVEST CREATES TIE-UPS TO LIFT ORGANIC FARMING FROM LOW 1% SHARE

24 Jan 2022  Read: 3 min.
Meal subscription company Daily Harvest has formed a multi-year partnership with the American Farmland Trust (AFT) and California Certified Organic Farmers (CCOF) to improve farm viability in the state and expand the acreage of farmland that adopts organic and regenerative farming practices.

COVID ISOLATION FOR AUSTRALIAN FOOD WORKERS SCRAPPED AMID STAFF CRISIS

24 Jan 2022  Read: 2 min.
Australia has streamlined Covid isolation regulations to help combat the acute shortage of workers faced by its food industry.

NUTRI-SCORE SPARKS LIVELY DEBATE AS EU MULLS LABELLING RULES

21 Jan 2022  Read: 3 min.
Debate is continuing over the Nutri-Score front of pack labelling system for foods, ahead of a European Commission decision later this year on which scheme to select for a European-wide rollout.

OCEAN WARMING’S EFFECT ON FISH MAY IMPACT CATCHES, NEW STUDY SUGGESTS

21 Jan 2022  Read: 2 min.
Fish behaviour is being affected by ocean warming and acidification, a new study indicates, and this could have knock-on effects on seafood catches.

LYCORED OPENS INGREDIENTS PROCESSING FACILITY IN NEW JERSEY

20 Jan 2022  Read: 2 min.
player, Lycored, part of Adama Group, has launched a processing facility in Branchburg, New Jersey for its carotenoids, vitamins, minerals, amino acids and real food ingredients for food, beverage and dietary supplement products.

GROCERY DELIVERY START-UP BERRIKA GOES FROM 400 TO 23,000 CUSTOMERS IN ONE YEAR

20 Jan 2022  Read: 3 min.
Grocery delivery start-up berrika goes from 400 to 23,000 customers in one year

MONSTER BEVERAGE CORPORATION TO ACQUIRE CANARCHY CRAFT BREWERY COLLECTIVE

19 Jan 2022  Read: 3 min.
Monster Beverage Corporation is set to join the alcohol category with the acquisition of CANarchy Craft Brewery Collective LLC.

FROZEN FOOD MARKET TO BE WORTH €442BN IN 2030 – ACCORDING TO NEW REPORT

19 Jan 2022  Read: 2 min.
The global frozen food market will grow at more than 8% a year over the coming decade, according to a new report.

CARREFOUR AND BLACKHAWK NETWORK EXTEND PARTNERSHIP, MAKING IT GLOBAL

18 Jan 2022  Read: 3 min.
Blackhawk Network, a global leader in branded payments, has announced that its new collaboration with French grocery giant Carrefour Group to manage its branded third-party gift card programme across France, Belgium, Poland, Italy, Spain, Romania, Argentina and Brazil has been extended.

TRUE ELEMENTS INCENTIVISES FARMERS WITH 20% HIGHER INCOMES TO HELP IMPROVE TRANSPARENCY

18 Jan 2022  Read: 2 min.
Indian food company True Elements has moved towards full transparency for its consumers by partnering with farmers and incentivising them with 20% higher incomes if they can show improvements in traceability and sustainably.

VALUABLE CHRISTMAS 2021 INSIGHTS FROM BIGGEST ONLINE DRINKS PLAYER IN US

17 Jan 2022  Read: 3 min.
There was some Christmas cheers for the drinks industry over the holidays – when alcohol demand is typically at its highest. December saw good sales for key seasonal segments such as Champagne, sparkling wine and whiskies.

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