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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…

COULD LUPINS BE A SUSTAINABLE FOOD CHOICE FOR THE FUTURE?

Lupins could feed Europe and make space for 30 billion trees, according to Swedish startup Lupinta.

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

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

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

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

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

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

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

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

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

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

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

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.
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