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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…

LEYAOJU SECURES €14M IN LATEST FUNDING ROUND

04 Jul 2022  Read: 2 min.
Leyaoju, a Chinese frozen food producer, has secured millions of euros of investment in its latest funding round, a decade after the company was set up.

BAKERY FIRM EGYBELG IS BOUGHT BY SAVOLA FOODS AS PART OF AMBITIOUS GROWTH STRATEGY

01 Jul 2022  Read: 2 min.
Saudi Arabian firm, Savola Foods, has strengthened its presence in the Egyptian market with the acquisition of Egybelg, a food group based in the North African country.

SIAL INSIGHTS REPORT HIGHLIGHTS NEW CONSUMER FOOD PREFERENCES – AND PLEASURE REMAINS IMPORTANT

01 Jul 2022  Read: 3 min.
SIAL Paris, one of the world’s largest agri-food trade fairs, has released details of a major survey of consumer views on food, under its SIAL Insights initiative.

CALIFIA FARMS FIRST WITH DAIRY-FREE ICED CAFÉ MIXERS AS RTD COFFEES SOAR BY 44%

30 Jun 2022  Read: 2 min.
Plant-based beverage brand, Califia Farms, has launched two dairy-free creamers specially formulated for cold coffee beverages. The range called Iced Café Mixers has been created in response to the shift by Gen Z and Millennials towards the cold, flavoured-coffee category.

THE SIMPLE ROOT ANNOUNCES LAUNCH OF NEW VEG-BASED DIPS IN US

30 Jun 2022  Read: 2 min.
The Simple Root, a new global plant-based brand, is set to launch a line of cream-cheese style products and vegetable dips in the US later this year, with the backing of venture management firm Pilot Lite and the multi-national McCain Foods company.

DANONE LEADS $7MILLION INVESTMENT ROUND IN EMISSIONS BUSTING SEAWEED ADDITIVE FOR COWS

29 Jun 2022  Read: 2 min.
Danone Manifesto Ventures, the corporate venture arm of Danone, a leading global food and beverage company, has led a $7 million Series A funding round for Symbrosia, the Hawaii-based start up behind a feed additive for cattle that aims to reduce emissions.

NORTHCOAST SEAFOODS SNAPPED UP BY AMBITIOUS DUTCH FIRM KEEN TO ENTER UK MARKET

29 Jun 2022  Read: 2 min.
Northcoast Seafoods, a major supplier of prawns and whitefish in the UK, has been bought by the Dutch subsidiary of a Japanese seafood company.

MEAT BRAND APPLEGATE FARMS SUPPORTS HORMEL FOODS IN REGENERATIVE AGRICULTURE DRIVE

28 Jun 2022  Read: 2 min.
Applegate Farms, claimed to be America’s leading natural and organic meat brand, is bringing its expertise to the table of parent company Hormel Foods, in support of its aggressive ESG (environmental, social and governance) push to enhance soil health, water and air quality – and sequester greenhouse gases.

AMERICAS SET TO BOOST $155 BILLION SPIRITS MARKET BY 7% ANNUALLY OVER COMING YEARS

27 Jun 2022  Read: 4 min.
The Americas spirits market which was valued at $155.35 billion in 2021 by GlobalData, is projected to grow at a CAGR of more than 7% between 2021 and 2026. During this forecast period, Canada, Chile, Panama and the United States have been shortlisted as “high-potential countries” by the London-based analyst.

SIAL Paris 2022 #OwnTheChange is now more than ever the must-see event of the year for the food industry.

27 Jun 2022  Read: 3 min.
With its hashtag and slogan ownthechange , the 2022 edition of SIAL has become an unmissable event for the food sector. This year’s show promises to be exceptional, not only because it's returning after being forced to take a two-year break but because it’s looking to stay in tune with the latest trends and how the industry, as well as consumers, are behaving given the extremely difficult global context.

MAJOR CHINESE FROZEN FOOD DISTRIBUTOR AIMS TO GO PUBLIC

27 Jun 2022  Read: 2 min.
One of China’s biggest online frozen food distributors, Fujian Frozen Goods Online Network Technology, is planning to go public, according to reports.

PET FOOD MARKET TO BE WORTH €132 BILLION BY 2030, ACCORDING TO NEW REPORT

24 Jun 2022  Read: 2 min.
The global market for pet food is set to be worth nearly $140 billion (€132.65 billion) by the end of the decade, according to a report.

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