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Daily Insights and Food Industry News

IMPOSSIBLE FOODS HOLDS MIDDLE EAST LAUNCH AT DUBAI EXPO

08 Oct 2021  Read: 3 min.
Impossible Foods, the American alternative meat producer, has begun selling its products in the Middle East – and it chose Expo 2020 Dubai for the launch.

PAPYRUS AUSTRALIA AIMS TO SLASH WASTE WITH BANANA-BASED FOOD PACKAGING

08 Oct 2021  Read: 2 min.
Papyrus Australia is looking to roll out its method of using banana fibres to produce food packaging, something it describes as a zero-waste alternative to existing processes.

600-STRONG SAM’S CLUB ADDS FRESH MEALS DELIVERY FOR MEMBERS

07 Oct 2021  Read: 2 min.
Walmart’s membership warehouse brand Sam’s Club has tied up with Fresh n’ Lean to bring an organically-sourced ready-to-eat meals delivery service to its members.

CULT FOOD SCIENCE REVEALS VISION TO GROW GLOBAL CLEAN MEAT AND DAIRY INDUSTRY

07 Oct 2021  Read: 3 min.
Vancouver-based CULT Food Science, an investment platform with an exclusive focus on clean, lab-grown food has set out plans for accelerating the adoption of cultivated meat and dairy products globally, by investing in the development of novel technologies to provide a sustainable, environmental, and ethical solution to the global factory farming crisis.

ORGANIC FOOD SECTOR TO BE WORTH $380 BILLION IN 2025, REPORT FORECASTS

06 Oct 2021  Read: 2 min.
Reports have indicated that the global organic food market is set to grow at a brisk rate, with one forecast suggesting it will be worth more than $380 billion in 2025.

CLEANCO TEAMS UP WITH DEMETER & CO TO BECOME A LEADER IN LOW-ALCOHOLIC DRINKS MARKET

06 Oct 2021  Read: 3 min.
UK-based non-alcoholic spirits brand CleanCo has partnered with U.S startup Demeter & Co, in a bid to “grow a global brand at speed” and become “one of the largest” non-alcoholic spirits brands in the world, as demand grows for low- or no-alcohol alternatives. CleanCo is the brainchild of UK reality TV star, Spencer Matthews, who…

USDA ORGANIC APPOINTMENT WELCOMED AS “MUCH-NEEDED VOICE” FOR $62 BILLION MARKET

05 Oct 2021  Read: 2 min.
Among a series of staff hires just announced in Washington DC, the United States Department of Agriculture (USDA) has reinstated the post of senior advisor for organic and emerging markets and appointed Marni Karlin to the role.

PWC REPORTS THAT ASIA SET TO DOUBLE ITS FOOD SPEND BY $8TN BY 2030

05 Oct 2021  Read: 4 min.
Asia is set to double its spending on food to more than $8 trillion by 2030, according to a joint report by PwC, Rabobank and Temosek, creating a huge opportunity for investors. However, collective action will be required to unlock this opportunity, and overcome the challenges that lay ahead. The report, titled "The Asia Food…

5 HOLIDAY ALCOHOL SALES PREDICTIONS TO HELP BUMP UP US SALES

04 Oct 2021  Read: 3 min.
A survey of consumers has revealed how the alcohol market could perform during the holiday season in the United States.

FORTENOVA PURCHASE BY AMBITIOUS NOMAD FOODS COMPLETED FOR €615 MILLION

04 Oct 2021  Read: 2 min.
Nomad Foods has declared that it is “delighted” to have completed its purchase of the frozen food business of the Croatian-based Fortenova Group.

ALEPH FARMS SIGNS DEALS TO PROMOTE CULTIVATED MEAT IN ASIA AS BEEF DEMAND JUMPS 16%

01 Oct 2021  Read: 3 min.
Cultivated meat sales in Asia could expand thanks to a new agreement involving Aleph Farms, which produces steaks from animal cells.

FOOD PRICES COULD SPARK INSTABILITY, EXPERT WARNS, AFTER COSTS SPIKE 33%

01 Oct 2021  Read: 2 min.
Increases in food prices brought about by climate change could destabilise societies, a researcher has warned after UN Food and Agriculture Organisation figures found a one third jump in food prices since last year.

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