Leading US food service business Sysco has announced that it has entered into an agreement to acquire The Coastal Companies, a leading fresh produce distributor and value-added processor, from Continental Grain Company.
With Covid-19 in full swing last Christmas, online sales boomed to finish a strong year for e-commerce across the board. In the alcohol sector, North American retailers are expecting another strong holiday season
EnginZyme, a Stockholm-based company that uses cell-free biomanufacturing to produce food, drinks and chemicals, has announced that it has signed an agreement with “a global processing company” in a bid to "improve food and beverage production".
A researcher has indicated that changes to food labelling in South Africa need to be made carefully to ensure that consumers understand and respond appropriately to the information they are presented with.
In a further indication of the enthusiasm of investors for online grocery sales, Jokr, a delivery start-up, has raised $260 million (€229.17 million) in its latest funding round.
A recent analysis by Future Market Insights (FMI), has found that the global organic spreads market size is expected to top $ 27.1 billion (€24.01bn) in 2021, driven by a growing preference for natural and organic spreads.
Speciality minerals company, ICL, has opened its latest production facility in St Louis, Missouri making a plant-based meat substitute for use by food companies, foodservice distributors, restaurants and grocery chains.
Singapore-based startup Sophie's Bionutrients, which describes itself as “a next-generation sustainable urban food production technology company”, has developed new technology which it believes will shape the future of the food industry, accelerating the commercial viability of microalgae-based foods and replacing Soy as a commercially viable protein source.
Halal-certified red meat exports rose by 13% per cent during the 2020-2021 season, with most of it going to non-Muslim markets according to an analysis by New Zealand’s Meat Industry Association (MIA).
Volume sales of craft spirits saw volume growth of almost 8% last year, ahead of the spirits category overall – and momentum is likely to soar higher until at least 2005.
