Food Industry News : Inspire food Business

RUSSIA BEATS RIVALS TO BECOME BIGGEST EXPORTER OF BEEF TO CHINA

12 Aug 2021 Read: 3 min.

Russia is now the biggest exporter of beef to China, taking over from Australia, Argentina and Brazil, according to the Center for Industry Expertise (CIE) of Russia’s Rosselkhozbank.

AMERICAS GROCERY NEWS

KROGER AND KITCHEN UNITED TIE UP FOR ON-DEMAND MEAL PICK-UP AND DELIVERY

12 Aug 2021 Read: 2 min.

Kroger, the largest grocery retailer in the United States, is partnering with ghost kitchen player Kitchen United to offer customers freshly-prepared, on-demand restaurant food. The first test site is expected to open this autumn at a Kroger-owned Ralphs store in Los Angeles. Additional locations are expected later this year.

NEWS

50% OF ALL GLOBAL COFFEE LAUNCHES ARE SUSTAINABLE

11 Aug 2021 Read: 3 min.

New coffee product launches in 2020 carried an ethical or environmental claim close to double the number from almost a decade ago (2012) when just one in four (25%) coffee launches were sustainable.

AMERICAS ORGANIC & WELLNESS TOPICS

PLANS TO INCREASE PESTICIDE RESIDUE LIMITS IN CANADA PAUSED AMID ORGANIC OUTCRY

11 Aug 2021 Read: 2 min.

Controversial plans in Canada to allow higher levels of pesticide residues in foods have been put on hold by the country’s government following opposition from organic groups.

ASIA NEWS REGIONAL SPOTLIGHT

KOREAN CONVENIENCE STORE CHAINS KICKSTART PLANS TO TAKE ON SOUTHEAST ASIA

10 Aug 2021 Read: 2 min.

Korean convenience store chains are branching out to Southeast Asia, getting into markets where the industry is just taking off.

AMERICAS DAIRY PRODUCTS GROCERY MEAT NEWS SEA FOOD

US FOODS ENJOYS 68% LIFT IN SALES AS RESTAURANTS AND HOSPITALITY RECOVER

10 Aug 2021 Read: < 1 min.

One of the largest foodservice distributors in the United States, US Foods Holding Corp, saw net sales rise by 68% to reach $7.7 billion in the 13 weeks to 3 July.

ASIA BEVERAGES NEWS

CHINA’S RESILIENCE WILL UNDERPIN 2% GROWTH IN ASIA-PACIFIC ALCOHOL MARKET IN 2021

09 Aug 2021 Read: 3 min.

China – the largest alcohol market in the world – has become a big focus for two of the biggest liquor portfolio players: Pernod Ricard and Diageo, with more investment being poured in to drive domestic consumption using e-commerce, premiumisation, and direct-to-consumer activities. France’s Pernod Ricard – whose brands include Absolut Vodka, Jameson Irish Whiskey,…

AMERICAS FROZEN PRODUCTS

AYO FOODS PARTNERS WITH POPULAR CHEF FOR NEW FROZEN MEALS

09 Aug 2021 Read: < 1 min.

Ayo Foods, the US-based company offering West African-style prepared foods, has forged a collaboration with a well-known chef to launch two new frozen meals.

EUROPE GROCERY NEWS TRADE TALK

AMBITIOUS LENTA GETS GREEN LIGHT TO BUY BILLA’S RUSSIAN SUPERMARKETS

06 Aug 2021 Read: 2 min.

Lenta, the Russian supermarket operator, has announced that it has been given the green light from regulators to buy the local operations of Billa, the Austrian-based supermarket group.

ASIA GROCERY

ZOMATO AND EASY EAT AI SPARK ENTHUSIASM AMONG INVESTORS

06 Aug 2021 Read: 3 min.

Digitisation in Asia’s food sector is continuing apace with a recent initial public offering and a round of funding indicating that investors have a big appetite for high-tech companies in the sector.

AMERICAS EUROPE FROZEN PRODUCTS NEWS

FROZEN FOOD SALES SLUMP AS SHOPPING HABITS RETURN TO NORMAL POST-PANDEMIC

05 Aug 2021 Read: 3 min.

Sales of frozen food in the UK have declined sharply in the 12 weeks to June 13 - down 5.7% in value and 7.1% in volume, according to latest figures by Kantar, and across the U.S. and Europe, sales are starting to struggle as Covid restrictions ease. Until recently, frozen food was outperforming all other…

AMERICAS BEVERAGES EUROPE NEWS

PEPSICO STRIKES $3.3 BILLION DEAL TO OFFLOAD JUICE BRANDS

05 Aug 2021 Read: 2 min.

PepsiCo is selling its Tropicana, Naked and other select juice brands in North America, with an option to also dispose of certain juice businesses in Europe, to PAI Partners for about $3.3 billion (€2.78bn).

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