Food Industry News : Inspire Food Business

28 Sep 2023 Podcast Episode 9

9# Food Industry: Approaching a Bright New Chapter?

In this episode of Food for Thought, Bryn discusses the subtleties with CEO of The Food Institute, Brian Choi. Brian speaks about the food industry trends and consumer behavior over the years. The food industry is at a crossroads so what choices do we have to make? Time-stamped show notes 00:00 ➡️ 04:30: industry news…

Hershey Company adds plant-based options to Reese’s and Hershey’s brands

15 Mar 2023 Read: < 1 min.

Leading US confectionary firm The Hershey Company is adding two new plant-based products for those looking for a milk chocolate alternative. The new launches - Reese’s Plant Based Peanut Butter Cups and Hershey’s Plant Based Extra Creamy with Almonds and Sea Salt – promise "a melt-in-your-mouth experience" and will be seen in US stores this…

NEWS ORGANIC & WELLNESS

Dole announces move towards wellness with 11 new product launches

15 Mar 2023 Read: 3 min.

Dole Packaged Foods has announced major plans to accelerate the 170-year-old company's transformation into a purpose-led, nutrition and wellness company, starting with 11 new product launches this year

AMERICAS NEWS

TYSON VENTURES SEEKS NEW UPCYCLING STARTUPS FOR PITCHES ON 11 JULY

14 Mar 2023 Read: 2 min.

Tyson Ventures, the venture capital arm of food giant Tyson Foods, is calling for applications for its second annual Demo Day. The theme this year is upcycling and the deadlines for online applications is 1 May.

ASIA GROCERY NEWS

Chinese food brand Fly by Jing raises $12M in funding

14 Mar 2023 Read: 3 min.

The first modern Chinese food brand that popularised chili crisp has secured $12M in Series B funding to continue its explosive growth. Fly by Jing's existing investor Prelude Growth Partners funded the round alongside Pendulum. The capital positions the company for continued significant growth by propelling it into Kroger, Albertsons and other national grocery retailers, in addition to the existing…

AMERICAS ASIA BEVERAGES EUROPE MIDDLE EAST AFRICA NEWS OCEANIA

Brewers quickly pick up the baton of changing consumer tastes

13 Mar 2023 Read: 3 min.

In the decade to 2021, data from drinks analyst IWSR show that global beer consumption slipped by 4%. However, the long-term sales trend has not been negative for brewers because they have turned to higher-value products and new growth categories. And the pandemic has super-charged some of this activity.

FOOD PROCESSING NEWS

Global fruit and vegetable processing market to reach $14.1bn by 2030

13 Mar 2023 Read: 2 min.

Health awareness is said to be a driving force behind encouraging projections for the global fruit and vegetable processing market which is expected to almost double in the coming years A new report by Zion Market Research says the sector is set to increase to $14.1bn (€13.08bn), up from $8.5bn (€7.9bn) in 2022 - with…

ASIA MEAT NEWS

Aleph Farms agrees deal to produce cultivated steaks in Singapore

10 Mar 2023 Read: 2 min.

Israeli cultivated meat producer Aleph Farms has signed a memorandum of understanding with Esco Aster to launch operations in Singapore Aleph Farms, which is headquartered in Rehovat, has acquired a manufacturing facility in its home country, having bought assets from VBL Therapeutics.CEO and co-founder Didier Toubia said that Israel and Singapore were the first two…

EUROPE NEWS SEA FOOD TRADE TALK

EU’s ambitious marine sustainability initiative aims to promote seafood security, commissioner says

10 Mar 2023 Read: 3 min.

European leaders have outlined how marine environment protection measures could safeguard the EU’s seafood sectors and improve food security in the 27-member bloc. The measures, recently announced by the European Commission, are also designed to promote an energy transition in the EU's fisheries and aquaculture sector. They aim to protect and restore ecosystems, and promote…

AMERICAS GROCERY NEWS

ALDI PARTNERS WITH DOORDASH TO DELIVER GROCERIES IN 38 US STATES

09 Mar 2023 Read: 2 min.

Value grocery retailer Aldi has tied up a deal in the US with local commerce platform DoorDash so its customers can get deliveries direct to their front doors. The on-demand service will apply to “nearly all” store locations across 38 states, said the grocer.

AMERICAS DAIRY PRODUCTS NEWS

Cage-free eggs systems to be transformed but are farmers ready?

09 Mar 2023 Read: 3 min.

US egg producers are transforming operations to cage-free systems under a 2026 deadline set by several states and retailers. But egg farmers say they need time to achieve the changes. Several factors could slow the transition such as the high cost upgrading facilities to accommodation cage-free production, according to a recent study. Researchers at the…

TRADE TALK

Celebrating International Women’s Day with Elles sont food

08 Mar 2023 Read: 4 min.

With over five years of activity and over 350 members, Elles sont food has provided a platform for women in the food industry in France and around the world. The collective spoke to SIAL Newsroom about their progress so far and the hard work ahead. Happy International Women’s Day. To start could you tell us…

AMERICAS BEVERAGES NEWS

NOVEL YACHTING LIFESTYLE VODKA LAUNCHES AT $100/BOTTLE

07 Mar 2023 Read: 2 min.

The burgeoning vodka market has another new entrant at the high end: Yacht Life Vodka from Florida-based luxury lifestyle brand The Quintessential Yachtsman at a retail price of $100.