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Daily Insights and Food Industry News

#6 What is the importance of circular gastronomy in the food industry?

"Everybody is the main actor: restaurants, chefs, industries, producers, farmers, everyone! The world has already changed; it's up to us to catch up!" An enthusiast for circular gastronomy, Mauro Colagreco explains what it means and how it has vast benefits for the industry. In an exclusive interview with David Addison, the Michelin-starred chef and patron…

ROHLIK RAISES €190 MILLION TO LAUNCH IN GERMANY AND OTHER EUROPEAN MARKETS

Czech Republic-based online supermarket Rohlik Group has raised €190 million to spearhead its expansion into Germany. The business, which was founded in 2014, currently offers more than 17,000 items to choose from, and a 15-minute delivery window which can be within two hours of placing an order. In 2019 Rohlik entered Hungary and it entered…

FRESH BEEF AND PORK CARRY CHRISTMAS MOMENTUM INTO JANUARY

Fresh beef and fresh pork continued a strong run of volume growth in the four weeks to January 24, 2021 – registering volume increases of 23.2% and 25.8% respectively – according to new data from Kanter. This resulted in widespread growth in fresh meat and poultry, up 19% overall in January – even in the…

LOCKED DOWN BRITS SPENT €17.6BN ON GROCERIES OVER THE PAST YEAR

Take-home grocery sales rose by 12.5% during the 12 weeks to February 21, 2021, new data from Kantar has revealed. Sales were even stronger over the past month, increasing by 15.1%, the fastest rate of growth since June 2020, as the latest national restrictions curtailed spending in cafés, restaurants and pubs. Fraser McKevitt, Head of…

GLOBAL GROCERY RETAIL SET FOR GROWTH

The global grocery retail market is on track to generate an additional €315 billion in sales between 2020 and 2022, according to a forecast from global insight provider IGD, which has predicted the sector will yield a 3.1% compound annual growth rate (CAGR) over the period. This follows “exceptional growth” for grocery in 2020, which…

DIAGEO’S TANQUERAY GIN GOES ALCOHOL-FREE

Drinks giant Diageo has launched a new alcohol-free version of Tanqueray London Dry Gin which will be available in Spain and the UK from March. The suggested retail price is £16 per 70cl bottle in British supermarkets. Alcohol-free and low-alcohol products are an expanding market segment that is expected to deliver 23% of the growth…

Seafood ‘a leading driver’ in grocery sales in 2020 says FMI report

Seafood generated more than $16.6 billion in sales for food retailers in 2020 and outperformed other fresh food categories according to a new report from US-based FMI—The Food Industry Association. The Power of Seafood 2021 study was released at the end of February and claims that seafood sales – which include fresh, frozen, canned and…

MERGER TO CREATE THE WORLD’S LARGEST FRESH FRUIT AND VEGETABLE COMPANY

US manufacturer Dole Foods is to merge with Irish business Total Produce to create the world’s largest fresh fruit and vegetable supply business with annual sales of €8.2 billion. The deal, which is subject to shareholder and regulatory approval, will create a new entity – Dole Plc – which analysts have said will make it…

ONLINE SALES IN EUROPE & THE US DRIVE BUSINESS AT AHOLD DELHAIZE

Netherlands-based supermarket chain Ahold Delhaize has reported better than expected fourth quarter sales, driven by a surge of online orders due to COVID-19. The retailer, which operates chains in the United States and Europe, said its sales rose 18% to €19.6 billion. Underlying operating income in the period was €811m; net consumer online sales jumped…

POULTRY & EGG EXPORTS FROM THE US SOARED IN 2020

In a year dominated by the COVID-19 pandemic, poultry and egg exports from the United States soared in 2020, setting records in several key markets. The USDA Foreign Agricultural Service said that broiler and egg exports increased in both volume and value last year, and records were set in China, Mexico, and Taiwan.  The value…

Redefine Meat a step closer to market launch after raising $29 million

Tech innovator in the meat alternatives sector, Redefine Meat, has completed a US$29 million Series A funding round that will be used to expand the company’s product portfolio and support its launch and international growth this year. Redefine, founded in 2018, uses proprietary industrial 3D printers that replicate the texture, flavour, and eating experience of…

Energy ratings for refrigerated vending machines coming soon

Energy inefficient refrigerated food and drink vending machines will soon be banned from sale in the EU and UK as new regulations come in from 1 March. According to the European Vending & Coffee Service Association (EVA), the new Ecodesign & Energy Labelling Regulations mean that refrigerated vending units will have an official energy rating…

CARREFOUR KEEN TO RESTART TAKEOVER TALKS

Grocery retailer Carrefour has said that it is open to takeover opportunities, despite the French government blocking talks between the retailer and Canadian group Couche-Tard. Alexandre Bompard, Carrefour’s Chief Executive and Chairman, said: “We were only at the beginning of the discussions [with Couche-Tard]. There was opposition from the French government, at a time when…
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