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Daily Insights and Food Industry News

GERMAN WINE INSTITUTE APPEALS FOR HELP AFTER CATASTROPHIC FLOOD DAMAGE

26 Jul 2021  Read: 3 min.
The German Wine Institute says the near-unprecedented deluge of water – a month’s rainfall in 24 hours – has impacted several important areas of wine production.

FDA RELAXES METAL CARBIDE RULES AFTER ANALYSIS FINDS NO SAFETY RISKS

26 Jul 2021  Read: 2 min.
Regulations on the use of metal carbide in ceramic coatings of food processing equipment have been relaxed in the United States. The country’s Food and Drug Administration (FDA) has issued a Threshold of Regulation (TOR) exemption for metal carbides and metal carbide alloys after analysis concluded their use would not endanger consumers. In a statement,…

FLOODING AN INCREASING WORRY FOR AFRICAN AGRICULTURE, INVESTOR WARNS

23 Jul 2021  Read: 2 min.
Flooding brought on by climate change has the potential to have an increasing impact on agricultural yields in sub-Saharan Africa, a leading investor has said.

INTEREST IN MRES STILL HIGH MORE THAN 12 MONTHS ON FROM PANDEMIC-INDUCED SALES SPIKE

23 Jul 2021  Read: 3 min.
Interest among consumers in buying and eating military rations, or MREs, has reportedly remained high since the onset of the coronavirus pandemic caused a spike in demand early last year.

DIRECT PACK CRANKS UP PRODUCTION BY 40% AT ROCKINGHAM PLANT

22 Jul 2021  Read: < 1 min.
Food packaging player Direct Pack Inc is expanding its manufacturing capabilities in Rockingham, North Carolina.

LATEST US ORGANIC PRODUCE PERFORMANCE REPORT SHOWS NEW CATEGORY LEADER

22 Jul 2021  Read: 3 min.
Organic fresh produce sales in the United States increased 4% year-on-year and neared €2 billion in the second quarter of 2021, according to the latest market report. The Q2 2021 Organic Produce Performance Report, released by Organic Produce Network and Category Partners, highlighted that in the second quarter of last year, the Covid pandemic shut…

SUSTAINABLE FUTURE FOR UK FRUIT AND VEG PRODUCTION WITH VERTICALLY-GROWN STRAWBERRIES

21 Jul 2021  Read: 2 min.
A revolutionary, significantly greener and sustainable way of growing fruit and vegetables in the UK is starting to gather pace.

CAPTAIN FRESH ATTRACTS INVESTORS EAGER FOR RAPID GROWTH TO CONTINUE

21 Jul 2021  Read: < 1 min.
Captain Fresh, an online seafood marketplace, has raised a further $12 million (€10.2 million) in its latest funding round, with angel investors among those putting money into the Indian-based company.

KANTAR REPORTS THAT FMCG CONSUMPTION SLOWED IN LATIN AMERICA DURING FIRST QUARTER OF 2021

20 Jul 2021  Read: 2 min.
Kantar has reported that in-home consumption in Argentina, Brazil and Colombia decreased in the first quarter of 2021 compared to 2020, largely due to a drop in purchase frequency seen across the lower classes.

CULTIVATED MEAT MAKER GOURMEY WELCOMES $10M IN SEED ROUND

20 Jul 2021  Read: 2 min.
Paris-based Gourmey, a French pioneer in cultivated meat, has raised $10 million in new financing, said to be the largest seed round for a cultivated poultry start-up to date.

WILL EUROPEAN WINES & SPIRITS BE BOOSTED BY MOËT HENNESSY AND CAMPARI GROUP E-COMMERCE TIE-UP?

19 Jul 2021  Read: 3 min.
The wines and spirits division of France’s LVMH and Italy-based global spirits group Campari are forming a 50:50 joint venture to create a pan-European e-commerce pure player.

NESTLE STRENGTHENS SOUTH CAROLINA PLANT WITH $100M CASH INJECTION

19 Jul 2021  Read: < 1 min.
Nestle is investing $100 million (€84.64 million) to increase capacity at its frozen food plant in South Carolina to meet an increase in demand for its products.

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