Food Industry News : Inspire food Business

FOODPANDA AND REBEL FOODS CREATE ASIA’S BIGGEST VIRTUAL BRAND PARTNERSHIP

02 Nov 2021 Read: 3 min.

Asia’s largest food and grocery delivery platform, foodpanda has signed a deal with Indian online restaurant company, Rebel Foods, which will enable restaurant partners and cloud kitchen operators to grow additional revenue streams, at little or no start-up costs, and aims to benefit local and small players in the food and beverage (F&B) industry.

AMERICAS BEVERAGES NEWS

COCA-COLA TAKES CONTROL OF SPORTS HYDRATION BRAND BODYARMOR FOR $5.6 BILLION

02 Nov 2021 Read: 2 min.

The Coca-Cola Company has bought 85% of the sports performance and hydration beverages brand Bodyarmor for $5.6 billion to take full ownership.

BEVERAGES EUROPE NEWS

UK ALCOHOL TAX FREEZE WILL SAVE WINE AND SPIRIT BUSINESSES $430 MILLION

01 Nov 2021 Read: 3 min.

In the UK’s wide-ranging autumn budget delivered by chancellor Rishi Sunak, the drinks industry was given a boost thanks to an alcohol tax freeze.

FROZEN PRODUCTS

GLOBAL FROZEN FRUIT IMPORTS INCREASED 3% LAST YEAR, REPORT FINDS

01 Nov 2021 Read: 2 min.

After doubling in size over the past decade, the global frozen fruit sector achieved a modest level of growth last year, a report has said.

EUROPE GROCERY TRADE TALK

REWE AND TRIGO JOIN TO CREATE CHECKOUT-FREE SHOPPING EXPERIENCE IN COLOGNE

29 Oct 2021 Read: 2 min.

Rewe, the German supermarket group, is offering shoppers a checkout-free shopping experience at a store in Cologne thanks to a tie up with Trigo, the Israeli technology company.

ASIA MEAT

SUSTAINABILITY SHOULD BE KEY FOCUS OF CHINA’S FOOD IMPORTS, STUDY SAYS

29 Oct 2021 Read: 3 min.

An increasing focus on sustainability is needed in China’s food imports, researchers have said, because the country’s rising living standards will lead to an increase in the demand for animal products.

AMERICAS SEA FOOD TRADE TALK

ABOVE FOOD ACQUIRES ATLANTIC NATURAL FOODS IN $30 MILLION DEAL

28 Oct 2021 Read: 3 min.

Canadian, vertically integrated, company Above Food has signed an estimated £30m deal with Atlantic Natural Foods to acquire its Loma Linda, Tuno and Neat brands.

AMERICAS NEWS ORGANIC & WELLNESS

KIND PROMOTES STOKES TO CEO OF NORTH AMERICA WITHIN 6 MONTHS

28 Oct 2021 Read: 2 min.

Kind has appointment its former chief growth officer Russell Stokes to the post of North America CEO, reporting directly to the company’s global president and CEO Juan Martin.

NEWS

INTERMARCHÉ TOPS RANKING OF THE BIGGEST OFFERS AVAILABLE IN FRENCH SUPERMARKET GROUPS

27 Oct 2021 Read: 3 min.

A new ranking has compared French supermarket groups to see who offers the biggest number of deals, as people in France say they are feeling the pinch.

EUROPE ORGANIC & WELLNESS

FARM TO FORK STRATEGY GETS THUMBS UP AS MEPS VOTE HEAVILY IN FAVOUR

27 Oct 2021 Read: 2 min.

The European Union Farm to Fork strategy, an initiative designed to cut food waste, preserve biodiversity, reduce the spread of disease and phase out cages for animals, has been given the thumbs up by the European Parliament.

EUROPE GROCERY NEWS

ACTION NEEDED TO CURB INFLATION OF UK FOOD PRICES, WARNS FDF BOSS

26 Oct 2021 Read: 3 min.

The UK risks returning to record rates of inflation not seen since the 1970’s if urgent action to curb inflation isn’t taken soon. So says the outgoing chief executive of the Food and Drink Federation (FDF), Ian Wright, speaking to the Business, Energy and Industrial Strategy Committee on 19 October.

BEVERAGES EUROPE NEWS

LVMH’S MOËT HENNESSY INVESTS €20 MILLION IN NEW CHAMPAGNE RESEARCH FACILITY

26 Oct 2021 Read: < 1 min.

The wines and spirits division of French luxury group LVMH has inaugurated a new centre to study all aspects of viticulture in relation to Champagne production. The category is core to the drinks division which generated sales of €4.8 billion in 2020.

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