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Daily Insights and Food Industry News
AMERICAS

PEPSICO FOUNDATION PLEDGES $100M TO EXPAND FOOD AID PROGRAM GLOBALLY

23 Dec 2021  Read: 3 min.
The PepsiCo Foundation has announced plans to expand its Food For Good program, to address hunger globally, pledging $100 million in new food security initiatives and sustainable agriculture development by 2030.
AMERICAS DAIRY PRODUCTS FRUITS & VEGETABLES GROCERY MEAT NEWS ORGANIC & WELLNESS

CANADA’S FOOD PRICES TO RISE BY UP TO 7% IN 2022: REPORT

23 Dec 2021  Read: 2 min.
The study, Canada’s Food Price Report 2022, says that number of issues are driving the price hike.
BEVERAGES NEWS

NEW IWSR REPORT REVEALS TOP TRENDS SET TO DRIVE GLOBAL BEVERAGE ALCOHOL INDUSTRY IN 2022

22 Dec 2021  Read: 4 min.
The latest IWSR analysis shows the key drivers that will shape the landscape of the global beverage alcohol market next year.
EUROPE NEWS

UK FOOD AND DRINK EXPORTS TO EU PLUNGE 24% – WITH COVID AND BREXIT BLAMED

22 Dec 2021  Read: 2 min.
The UK's Food and Drink Federation is blaming Covid and Brexit for a 23% drop in British food and drink exports to the European Union in the first three quarters of 2021.
AMERICAS TRADE TALK

FULL HARVEST SECURES $23 MILLION FUNDING TO REDUCE ON-FARM FOOD WASTE

21 Dec 2021  Read: 3 min.
Full Harvest, a business-to-business marketplace specialising in surplus and imperfect produce, has announced the close of a $23 million (€20.44m) Series B round of growth financing, which it will will use to further build its online marketplace, advance its data and market insights offerings, and triple its technology and product team in 2022.
AMERICAS BEVERAGES NEWS ORGANIC & WELLNESS

JM SMUCKER SELLS ORGANIC DRINKS AND GRAINS BUSINESSES FOR $110 MILLION

21 Dec 2021  Read: 2 min.
Pet food, coffee and foods producer JM Smucker is offloading its natural and organic beverage and grains businesses to Nexus Capital Management in a cash transaction valued at $110 million.
AMERICAS ASIA EUROPE FRUITS & VEGETABLES NEWS ORGANIC & WELLNESS

AMERICA’S ORGANIC FIRMS RAISE GLOBAL PROFILE AFTER NEAR $1 BILLION USDA AWARD

20 Dec 2021  Read: 3 min.
Despite the arrival of the new Omicron variant in the continuing Covid-19 saga, America’s Organic Trade Association (OTA) – a major voice for the organic trade in the United States – has put international trade back on its agenda in a big way after a large government award.
OCEANIA

BIRIPI CAPITAL SIGNS AUS$20M DEAL WITH HUDSON FOOD GROUP

20 Dec 2021  Read: 2 min.
Biripi Capital, an Aboriginal-owned private equity firm in Australia has signed a major deal with a hotel and restaurant food services company. The company – which was set up last year and is named after the people native to the New South Wales coast – has signed a AUS$20 million (€12.59 million) agreement with Hudson…
EUROPE ORGANIC & WELLNESS

EU OFFERS €185.9M TO AID AGRI-FOOD PROJECTS LINKED TO EUROPEAN GREEN DEAL

17 Dec 2021  Read: 3 min.
The European Union is putting its money where its mouth is by allocating tens of millions of euros for the promotion of EU-produced sustainable agri-food products.
EUROPE SEA FOOD

LAB FIRM ORIVO ANNOUNCES AMBITIOUS €880,000 PROJECT TO IDENTIFY SPECIES IN AQUAFEED

17 Dec 2021  Read: 2 min.
Orivo, a Norwegian firm that provides laboratory services for testing marine ingredients, has been awarded 8.6 million Norwegian krone (€810.000) to fund a research project that should make it easier to determine the type of fish used in aquafeed.
AMERICAS GROCERY

POD FOODS RAISES $13M IN NEW FUNDING TO CONTINUE ‘REINVENTING’ GROCERY SUPPLY CHAIN

16 Dec 2021  Read: 4 min.
Pod Foods, a Texas-based full-service wholesale marketplace connecting retailers to brands has announced that it has raised a total of $13 million (€11.53m) in funding to help grow its platform.
AMERICAS FOOD PROCESSING GROCERY

KRAFT HEINZ TO MERGE US AND CANADA – 80% OF GLOBAL SALES – INTO ONE POWERFUL UNIT

16 Dec 2021  Read: 2 min.
Kraft Heinz is merging its US and Canada businesses into a single North America unit by the company’s second fiscal quarter of 2022 (ending June).

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