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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…

NEW IPCC REPORT INTO CLIMATE CHANGE PUTS FOOD SECTOR AT FOREFRONT OF POSITIVE CHANGE

A new report from the IPCC, (Intergovernmental Panel on Climate Change) has found that changing food practices on a global scale could be one of the most significant and most efficient factors in mitigating the effects of climate change, if more action is taken now.

ALGAE PROTEIN MARKET SET TO GROW TO $1.05BN BY 2028, SAYS NEW REPORT

The algae protein market is projected to reach a valuation of above $1.05 billion (€950m) by 2028, growing at a CAGR of 6% from 2022 to 2028, according to a recent report by Global Market Insights (GMI).

SEAFISH DROPS “LOVE SEAFOOD” CAMPAIGN LAUNCHED IN 2020 TO FOCUS ON KEY INDUSTRY CONCERNS

Seafish, the official organisation that supports the UK’s seafood sector, has ended its 'Love Seafood' campaign to encourage people to eat more fish after a survey found the group’s efforts were “spread too thin”.

BOOST FOR AUSTRALIAN SHEEP EXPORTS TO INDIA AS TARIFFS CUT BY 30%

On Monday the signing of the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) ushered in a new era of lower friction exportation of Australian sheep meat.

SUSTAINABLE PROTEIN INNOVATIONS ARE A KEY ELEMENT OF CHINA’S 5-YEAR AGRICULTURE PLAN

Chinese government planning has cited innovation in the food sector, in particular sustainable protein, as a key part of its agricultural strategy.

THE NO-ALCOHOL AND LOW-ALCOHOL MARKET IS SEEING A 15% GROWTH BOOM. WHY?

The no-alcohol and low-alcohol sector is seeing more market entrants and is also moving into channels such as airport retail, as we have reported – a sure sign that the sector is making a permanent mark in the global drinks market.

FOOD SECURITY CONCERNS COULD KEEP FROZEN SALES BUOYANT

Frozen food sales are likely to remain buoyant thanks to concerns over food security, analysts have said at a time when global turmoil has pushed up food prices.

FROM FINANCE TO ARMAGNAC: A MAJOR CAREER CHANGE TO PRESERVE TRADITIONS DATING FROM 1880

For Henry Florent Soulhol, buying an historic Armagnac house represented a complete change of scene from his previous life in the world of international finance.

ONLINE FOOD DELIVERY TO GROW AT 15% A YEAR GLOBALLY – AND ALMOST DOUBLE THAT IN SOME COUNTRIES

The fast-growing online food delivery market is set to continue to expand at a stratospheric pace for the rest of the decade, according to a new report.

WINDSOR WHISKY BUSINESS OFFLOADED BY DIAGEO TO PRIVATE EQUITY FOR £124 MILLION

Global beverage alcohol giant, Diageo, has agreed the sale of its Windsor whisky business to a private equity consortium for 200 billion Korean Won (approximately £124 million).

PRICE PARITY KEY TO BOOM IN PLANT-BASED MEAT ALTERNATIVE MARKET

Plant-based meat price parity has become a target for big players in the industry. A new study from Global management consultant firm, Kearney, has shone a spotlight on the potential of the plant-based meat industry. The report claims that the success of the plant-based meat industry is based on three principles: taste, mentality and price.…

‘GREENER AND HEALTHIER’ PALM OIL ALTERNATIVE IDENTIFIED BY SCIENTISTS IN SINGAPORE

A team of scientists at Nanyang Technological University (NTU) in Singapore have developed a way to extract plant-based oils from a type of common microalgae which could serve as a healthier and greener alternative to palm oil.
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