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Daily Insights and Food Industry News

PILGRIM’S TO ACQUIRE KERRY GROUP’S MEATS AND MEALS BUSINESSES FOR £680M

22 Jun 2021  Read: < 1 min.
Listed global foods company Pilgrim’s Pride Corporation has sealed a deal to buy the meats and meals business of Kerry Consumer Foods in the UK and Ireland for £680 million.

GROCERY RETAIL TO LEAD RESTAURANTS IN US FOOD MARKET SHARE POST-PANDEMIC

22 Jun 2021  Read: 3 min.
Grocery retailers will hold an edge in food spending market share over the foodservice sector as the United States heads into the post-pandemic period, according to FMI-The Food Industry Association’s annual US Grocery Shopper Trends study.

RELIEF FOR ALCOHOL PRODUCERS AS PUNITIVE TARIFFS BETWEEN US AND EU/UK ARE SUSPENDED FOR 5 YEARS

21 Jun 2021  Read: 3 min.
The US has agreed separate deals with the European Union and the UK to suspend retaliatory tariffs affecting alcohol exports (among others) which relate to a long-standing trade dispute over civil aircraft support and subsidies. According to the EU, the five-year suspension adds up to roughly $11.5 billion on both sides of the Atlantic, indicating…

KAWAN FOOD SHOULD RIDE OUT COVID-INDUCED CLOSURE

21 Jun 2021  Read: < 1 min.
Demand for frozen food is likely to remain strong in Malaysia, with coronavirus restrictions leading consumers to fill their freezers, according to analysts.

FARMERS WORRIED ABOUT UK-AUSTRALIA TRADE DEAL

18 Jun 2021  Read: < 1 min.
The recent announcement of a trade deal between Australia and the UK has raised concerns over the lack of a level playing field when it comes to environmental and animal welfare standards.

HEAVY INVESTMENTS IN SAUDI FOOD SECTOR AS TECH FIRMS MAKE WAVES

18 Jun 2021  Read: 3 min.
The Saudi Arabian food sector is seeing heavy investments as the country looks to improve its food security and the market undergoes technology-driven changes.

TESCO TARGETS 2,400 ELECTRIC CAR CHARGING POINTS BY 2022

17 Jun 2021  Read: < 1 min.
The UK’s biggest grocery retailer, Tesco, is supporting the societal shift to electric vehicle usage by increasing its free charging points to 2,400 by 2022.

CHINA YET TO RESUME TRADE WITH AUSTRALIAN ABATTOIRS DELISTED AFTER STAFF COVID INFECTIONS

17 Jun 2021  Read: 3 min.
Two Australian abattoirs that were delisted from selling meat to China after employees contracted Covid-19, are still waiting to resume the trade, according to reports.

A VEGAN WORLD: THE CHANGING FACE OF BRITAIN’S DIETS

16 Jun 2021  Read: 2 min.
The pandemic has fuelled a 15% rise in ‘flexitarian’ diets in the UK, according to new research from retail tech app Ubamarket.

ANALYSIS SHOWS UK ORGANIC MEAT SALES DECLINING

16 Jun 2021  Read: < 1 min.
Reports indicating that organic meat sales in the UK have increased may be misleading, because they mask the reality that actual quantities sold may have decreased, researchers have suggested.

USDA EXPANDS CIS PROGRAMME FOR MEAT PROCESSORS TO 9 STATES

15 Jun 2021  Read: 2 min.
South Dakota has been added to the US Department of Agriculture’s (USDA) Food Safety and Inspection Service (FSIS), bringing to nine the number of states through which meat processors can smoothly ship products. A Cooperative Interstate Shipment (CIS) deal with South Dakota means that selected inspected meat and poultry processors can now ship across state…

THE RISE OF THE MEMBERSHIP-ONLY WHOLESALE SECTOR IN CHINA

15 Jun 2021  Read: 3 min.
Following Alibaba’s example, Yonghui, Suning-Carrefour and fudi are opening membership-only wholesale stores in China.

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