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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…

SALES OF FROZEN READY MEALS TO REACH $130 BILLION BY 2029, NEW REPORT FORECASTS

08 Aug 2022  Read: 2 min.
Meticulous Research has become the latest company to forecast that demand for frozen ready meals will increase in the coming years as busy lifestyles drive sales for convenience foods.

CELLULAR AGRICULTURE AUSTRALIA LAUNCHES GROUNDBREAKING 6-MODULE COURSE

05 Aug 2022  Read: 2 min.
Australia’s first online course in cellular agriculture has been launched by Cellular Agriculture Australia to prepare what the organisation describes as “the massive wave of talent” that will be needed in future.

MONDI LAUNCHES NEW RECYCLABLE PAPER PACKAGING FOR ITALIAN PASTA BRAND

05 Aug 2022  Read: 3 min.
Mondi, the global packaging company, has debuted fully recyclable paper packaging for pasta at a time of continuing concern about plastic waste. The new product, a replacement for plastic packaging, has been launched in partnership with Fiorini International, a packaging producer based in Italy, Mondi announced in a statement. Developed for the Antico Pastificio Umbro…

SPREAD RAISES $30 MILLION IN LARGEST FOOD TECH DEAL IN JAPAN

04 Aug 2022  Read: 2 min.
Vertical farming startup, Spread, has raises $30 million in a Series A funding round from multiple companies and angel investors in what is claimed to be the largest-ever single fundraising in Japan’s food tech market.

NEW RESEARCH PARTNERSHIP ENGAGES RED MEAT FARMERS ACROSS AUSTRALIA

04 Aug 2022  Read: 3 min.
Meat & Livestock Australia partners with Farming for the Future to conduct a multi-year study into farm businesses, including red meat producers.

PLANT-BASED MARKET BOOM LEADS TO GREAT OPPORTUNITIES

03 Aug 2022  Read: 3 min.
With the plant extracts market expected to grow from $29,238.91 million in 2021 to $47,421.44 million by 2028, the opportunities for new players entering the market are significant and extensive.

UKRAINE LOOKS TO GROW ORGANIC FOOD EXPORTS TO $1 BILLION DESPITE WAR WITH RUSSIA

03 Aug 2022  Read: 2 min.
Ukraine is continuing with plans to expand its organic food exports to $1 billion despite the war with Russia, a senior official at the country’s Ministry of Agrarian Policy and Food has said.

CELSIUS GAINS $550 MILLION INVESTMENT FROM PEPSICO

02 Aug 2022  Read: 2 min.
Pepsi’s parent company PepsiCo, is investing $550 million in fitness energy drinks company Celsius Holdings as part of a deal that will also forge a long-term strategic distribution arrangement.

NESTLE LAUNCHES FIRST CARBON NEUTRAL PRODUCT IN CHINA

02 Aug 2022  Read: 3 min.
Net zero ambitions are a driving force for Nestlé which has introduced its first carbon neutral product in China as it endeavours to cut all emissions by 2050.

PREMIUMISATION PAYS OFF AS HEINEKEN REVENUE GROWS 37% IN FIRST HALF

01 Aug 2022  Read: 4 min.
Global beer giant, Heineken has delivered strong revenue growth of 37% in the first half of 2022, making it among the fastest growing global beverage companies. A push to premiumisation helped the Dutch group, with organic volume growth of beer rising by 7.6%, whereas premium beer volumes shifted up by 10.2%.

AIMPLAS OFFERS LOGO TO SHOW THAT FOOD PACKAGING CAN SAFELY BE REUSED

01 Aug 2022  Read: 2 min.
Aimplas, a Spanish plastics technology company, has developed a logo to show that food packaging can be reused, which could cut down on waste.

TATA GOES PLANT-BASED WITH THE LAUNCH OF SIMPLY BETTER RANGE

29 Jul 2022  Read: 2 min.
A company that is part of India’s largest conglomerate, Tata, has launched an alternative meat brand, Simply Better, as the popularity of plant-based food grows worldwide. The new range from Tata Consumer Products offers western-style products such as chicken-flavoured burger patties, nuggets, and spicy fingers. Another offering, Awadhi Seekh Kebabs, is more heavily tailored to…

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