Food Industry News : Inspire food Business

BOOST FOR AUSTRALIAN SHEEP EXPORTS TO INDIA AS TARIFFS CUT BY 30%

05 Apr 2022 Read: 2 min.

On Monday the signing of the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) ushered in a new era of lower friction exportation of Australian sheep meat.

ASIA

SUSTAINABLE PROTEIN INNOVATIONS ARE A KEY ELEMENT OF CHINA’S 5-YEAR AGRICULTURE PLAN

05 Apr 2022 Read: 3 min.

Chinese government planning has cited innovation in the food sector, in particular sustainable protein, as a key part of its agricultural strategy.

AMERICAS BEVERAGES EUROPE NEWS

THE NO-ALCOHOL AND LOW-ALCOHOL MARKET IS SEEING A 15% GROWTH BOOM. WHY?

04 Apr 2022 Read: 3 min.

The no-alcohol and low-alcohol sector is seeing more market entrants and is also moving into channels such as airport retail, as we have reported – a sure sign that the sector is making a permanent mark in the global drinks market.

AMERICAS EUROPE FROZEN PRODUCTS

FOOD SECURITY CONCERNS COULD KEEP FROZEN SALES BUOYANT

04 Apr 2022 Read: 2 min.

Frozen food sales are likely to remain buoyant thanks to concerns over food security, analysts have said at a time when global turmoil has pushed up food prices.

BEVERAGES EUROPE NEWS

FROM FINANCE TO ARMAGNAC: A MAJOR CAREER CHANGE TO PRESERVE TRADITIONS DATING FROM 1880

01 Apr 2022 Read: 3 min.

For Henry Florent Soulhol, buying an historic Armagnac house represented a complete change of scene from his previous life in the world of international finance.

ASIA EUROPE TRADE TALK

ONLINE FOOD DELIVERY TO GROW AT 15% A YEAR GLOBALLY – AND ALMOST DOUBLE THAT IN SOME COUNTRIES

01 Apr 2022 Read: 2 min.

The fast-growing online food delivery market is set to continue to expand at a stratospheric pace for the rest of the decade, according to a new report.

ASIA BEVERAGES EUROPE NEWS

WINDSOR WHISKY BUSINESS OFFLOADED BY DIAGEO TO PRIVATE EQUITY FOR £124 MILLION

31 Mar 2022 Read: 2 min.

Global beverage alcohol giant, Diageo, has agreed the sale of its Windsor whisky business to a private equity consortium for 200 billion Korean Won (approximately £124 million).

MEAT

PRICE PARITY KEY TO BOOM IN PLANT-BASED MEAT ALTERNATIVE MARKET

31 Mar 2022 Read: 3 min.

Plant-based meat price parity has become a target for big players in the industry. A new study from Global management consultant firm, Kearney, has shone a spotlight on the potential of the plant-based meat industry. The report claims that the success of the plant-based meat industry is based on three principles: taste, mentality and price.…

ASIA NEWS TRADE TALK

‘GREENER AND HEALTHIER’ PALM OIL ALTERNATIVE IDENTIFIED BY SCIENTISTS IN SINGAPORE

30 Mar 2022 Read: 2 min.

A team of scientists at Nanyang Technological University (NTU) in Singapore have developed a way to extract plant-based oils from a type of common microalgae which could serve as a healthier and greener alternative to palm oil.

ORGANIC & WELLNESS

ORGANIC BABY FOOD MARKET WILL GROW TWICE AS FAST AS OVERALL MARKET TO REACH €11 BILLION BY 2028

30 Mar 2022 Read: 2 min.

The organic baby food market is set to grow almost twice as fast as the baby food market as a whole, according to two recently published research reports.

NEWS

SOUTH KOREA ASKS LOCAL AUTHORITIES TO IMPLEMENT NATION’S FOOD SUPPLY STRATEGY

29 Mar 2022 Read: 2 min.

Local governments in South Korea have been asked to play a bigger role in the country's food supply strategy.

AMERICAS FOOD PROCESSING NEWS ORGANIC & WELLNESS

ADM OPENS NEW $4.7 MILLION INNOVATION CENTRE IN LATIN AMERICA

29 Mar 2022 Read: 2 min.

Alternative protein innovator and ingredients solutions group, ADM, has opened an innovation centre in the city of Hortolândia, Brazil marking its first foray in Latin America in the area of human nutrition.

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