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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…

CELLX AND BLUU SEAFOOD JOIN FORCES TO ACHIEVE WIDE ROLL OUT OF CULTIVATED MEAT PRODUCTS

CellX, a Chinese company that produces cultivated meat, has joined forces with German firm, Bluu Seafood, as they look to increase consumer acceptance of their products.

FLORIMOND DESPREZ AND EUROPEAN INVESTMENT BANK AGREE €40M LOAN TO DEVELOP CLIMATE-CHANGE-RESISTANT PLANTS

The European Investment Bank has made a €40 million loan to Florimond Desprez, a French plant breeding company, to support the development of varieties that are resistant to climate change.

CRESCENT FOODS EXPANDS WITH MEIJER IN 258 STORES IN TIME FOR GRILLING SEASON

American halal hand-cut meat and poultry producer Crescent Foods has tied up a deal with US Midwest-based retailer Meijer to offer a line of chicken products in 258 stores throughout the states of Michigan, Illinois, Indiana, Kentucky, Ohio, and Wisconsin.

THOMAS ASHBOURNE SET TO BE A HIT AS IT LAUNCHES INTO MARKET WITH RANGE OF CELEBRITY RTD COCKTAILS

Thomas Ashbourne Craft Spirits is poised for success with the launch of its premium ready-to-drink cocktail brand in the United States.

THE 19TH EDITION OF SIAL CANADA BRANDED A SUCCESS BY SHOW ORGANISERS

The 19th edition of the International Food Show, SIAL Canada, took place from April 20 to 22 at the Palais des Congrès de Montréal.

WIDESPREAD DISCUSSIONS OVER CUTS IN BIOFUEL PRODUCTION SO THAT MORE CEREAL CAN BE USED AS FOOD

As the Ukraine conflict puts pressure on supplies of grain, officials in Germany may restrict biofuel production so that more cereal and other crops can be used as food, reports indicate.

PERNOD RICARD SAYS THE DRINKS MARKET IS SOFTENING AFTER A STRONG 18% RISE

France-based global wine and spirits maker Pernod Ricard saw very strong sales in the first nine months of its fiscal year 2022, but has warned that the global environment remains volatile and could impact its final quarter, ending June 2022.

FAIRTRADE INTERNATIONAL NAMES SANDRA UWERA AS NEW GLOBAL CEO

Fairtrade International, the world's most recognised label for social justice and sustainability, has announced the appointment of its new Global CEO, Sandra Uwera. She is stepping into the role following the departure of Dr. Nyagoy Nyong'o, who served as Interim Global CEO until 31 March 2022. According to a statement released by the organisation, Uwera…

IS THE $40 BILLION INDOOR FARMING MARKET THE FUTURE OF HEALTHY FOOD?

According to Grand View Research the global indoor farming market was valued at $39.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.5% from 2022 to 2030.

SINGAPORE AND NEW ZEALAND SIGN MAJOR DEAL TO PROMOTE FOOD INNOVATION

Singapore and New Zealand have signed two deals to promote co-operation in fields including food technology innovation.

INVESTMENTS IN AGRICULTURAL AND FOOD TECHNOLOGY RAMPING UP FAST AS $800 MILLION FUNDS LAUNCHED

In the latest indication that the world of finance is showing heavy interest in agricultural and food technology, an investment firm, ADM Capital Europe, is reportedly seeking $800 million (€759m) to invest in the sector.

PLANS FOR OCTOPUS FARM CONTINUE – BUT SPARK CONTROVERSY WITH CAMPAIGNERS

Plans to set up the world’s first large-scale octopus farm in the Canary Islands have sparked concern over the welfare of the animals. Activists have argued that proposals for the facility, seen as a factory farm, should be abandoned because octopuses are intelligent creatures that are able to suffer. Among the concerns expressed are the…
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