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Daily Insights and Food Industry News

DEL MONTE UPCYCLED OVER 270,000KG OF GREEN BEANS IN 2020

18 Nov 2021  Read: 2 min.
Food giant Del Monte Foods has taken a lead in the upcycled food movement by redirecting over 270,000kg of green beans last year to make nourishing new products while reducing greenhouse gas emissions.

SPECIAL ‘DO NOT REFREEZE’ LABELS LAUNCHED TO HELP MAINTAIN FOOD SAFETY

17 Nov 2021  Read: 2 min.
A heat-sensitive 'Do Not Refreeze' label, that shows when food has already been frozen, has been launched with the aim of helping to ensure food remains safe to eat.

RBI TO TAKE OVER FIREHOUSE SUBS IN $1BN DEAL

17 Nov 2021  Read: 3 min.
Restaurant Brands International (RBI), the parent company of Burger King, Tim Hortons and Popeyes is to acquire another North American fast food chain, Firehouse Restaurant Group (Firehouse Subs) for $1 billion (€880m) in an all-cash transaction. According to a statement, the transaction will offer significant long-term unit growth potential to drive attractive returns for all…

SOPHIE’S BIONUTRIENTS AND INGREDION DEVELOP FIRST MICROALGAE, DAIRY-FREE CHEESE

16 Nov 2021  Read: 2 min.
Tech food production company, Sophie’s BioNutrients and Ingredion Idea Labs in Singapore, have produce the first microalgae-based cheese made from the world’s first dairy-free microalgae milk.

ETHNIC FOOD DELIVERY STARTUP OJA WINS £2.5M SEED FUND INVESTMENT

16 Nov 2021  Read: 3 min.
Oja, the London-based, food delivery startup, which aims to bring a range of ethnic foods to the masses, has raised £2.5m (€2.9m) in seed funding to develop its app that, it hopes, will make it the UK’s first online-only, ethnic supermarket.

SOFT DRINKS PLAY CATCH-UP AMONG UK’S 150 BIGGEST F&B SUPPLIERS

15 Nov 2021  Read: 3 min.
An in-depth analysis of the performance of the 150 largest soft drinks and food companies in the UK has found that 2020 was a year of low revenue growth and high-profit volatility in the sector.

PROCESSORS GIVE PEAS A CHANCE WITH MASSIVE INVESTMENTS

15 Nov 2021  Read: 2 min.
Investments in peas processing in Russia and North America are ramping up as demand for the humble vegetable increases, in part because of new foods it is being used in.

ALAMAR FOODS CONSIDERS IPO AMID RAPID GROWTH IN MIDDLE EASTERN FAST-FOOD SECTOR

12 Nov 2021  Read: 2 min.
Alamar Foods, the Saudi Arabian fast-food franchise operator, is said to be considering an IPO, according to news reports.

RICEUP! LAUNCHES HEALTHY CHOCOLATE-FLAVOURED BROWN RICE BARS

12 Nov 2021  Read: 3 min.
Nuhealth, the producer of healthy and innovative snacks from wholegrain brown rice, is launching its RiceUP! Brown Rice Bar range, which is available in half a dozen chocolate flavours. The bars offer many health benefits because of the novel ingredients that have been selected. The new brown rice bars represent a new generation of snacks…

CANADA’S NATURE’S PATH EXPANDS WITH CONTROLLING STAKE IN ANITA’S ORGANIC MILL

11 Nov 2021  Read: 2 min.
Canada's largest organic breakfast and snack food companies Nature’s Path, has taken a majority stake in one of its suppliers, the miller and manufacturer of organic flours Anita’s Organic Mill. The share size and value were not disclosed.

NEW DATA SHOWS US GROCERY SHOPPERS POSITIVE, BUT CAUTIOUS, HEADING INTO HOLIDAY SEASON

11 Nov 2021  Read: 4 min.
With the holiday season fast approaching, more than half of US consumers express some concern about shortages, pricing and COVID-19 when food shopping, new research from FMI-The Food Industry Association shows.

OMNIFOODS AND WORLD’S LARGEST COFFEE SHOP CHAIN STRIKE SEAFOOD DEAL

10 Nov 2021  Read: 2 min.
OmniFoods, the Hong Kong-based company that produces seafood from plants, has secured an agreement with the world’s largest coffee shop chain.

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