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Daily Insights and Food Industry News

CARREFOUR ENDS DEAL TALKS WITH AUCHAN AFTER €21.50 PER SHARE OFFER IS DECLINED

13 Oct 2021  Read: 3 min.
Carrefour has ended negotiations over a deal with Auchan, a smaller privately held French food retailer owned by the billionaire Mulliez family, after the two sides failed to agree to terms.

NESTLÉ ADDS VRIMP TO ITS ALT-SEAFOOD LINE-UP AMID RAPID SALES GROWTH

13 Oct 2021  Read: 2 min.
Nestlé is strengthening its offerings in the alternative seafood market with the launch of Vrimp – a vegan shrimp substitute.

SHEEP NUMBERS RISE TO 70 MILLION IN AUSTRALIA AND HEAD FOR A 16-YEAR HIGH

12 Oct 2021  Read: 2 min.
A wet spring in sheep-rearing regions of Australia – particularly eastern states – is expected to push sheep numbers past 70 million in 2021 according to Meat & Livestock Australia (MLA).

FOUNDATION EARTH LAUNCH NEW FOOD LABEL TO HELP UK CONSUMERS MAKE MORE ECO-FRIENDLY CHOICES

12 Oct 2021  Read: 3 min.
A new information label by Foundation Earth which scores food products based on their environmental impact is due to be launched in the UK for a pilot programme this autumn.

AMUL EXTENDS FROZEN AND READY-TO-EAT RANGES, WHICH COULD ACCOUNT FOR 30% OF TURNOVER

11 Oct 2021  Read: 2 min.
Amul, the Indian food retailer, is expanding its frozen and ready-to-eat food offerings, Indian media reports have said.

DRINKS GROUPS URGE EU TO CONSIDER DEPOSIT REFUNDS AS PART OF 2030 CIRCULAR ECONOMY AIMS

11 Oct 2021  Read: 4 min.
European non-alcoholic drinks associations have come together to push for Deposit Refund Systems* to have a higher priority on the European Union’s sustainability agenda as the bloc looks to revise its 1994 Packaging and Packaging Waste Directive.

IMPOSSIBLE FOODS HOLDS MIDDLE EAST LAUNCH AT DUBAI EXPO

08 Oct 2021  Read: 3 min.
Impossible Foods, the American alternative meat producer, has begun selling its products in the Middle East – and it chose Expo 2020 Dubai for the launch.

PAPYRUS AUSTRALIA AIMS TO SLASH WASTE WITH BANANA-BASED FOOD PACKAGING

08 Oct 2021  Read: 2 min.
Papyrus Australia is looking to roll out its method of using banana fibres to produce food packaging, something it describes as a zero-waste alternative to existing processes.

600-STRONG SAM’S CLUB ADDS FRESH MEALS DELIVERY FOR MEMBERS

07 Oct 2021  Read: 2 min.
Walmart’s membership warehouse brand Sam’s Club has tied up with Fresh n’ Lean to bring an organically-sourced ready-to-eat meals delivery service to its members.

CULT FOOD SCIENCE REVEALS VISION TO GROW GLOBAL CLEAN MEAT AND DAIRY INDUSTRY

07 Oct 2021  Read: 3 min.
Vancouver-based CULT Food Science, an investment platform with an exclusive focus on clean, lab-grown food has set out plans for accelerating the adoption of cultivated meat and dairy products globally, by investing in the development of novel technologies to provide a sustainable, environmental, and ethical solution to the global factory farming crisis.

ORGANIC FOOD SECTOR TO BE WORTH $380 BILLION IN 2025, REPORT FORECASTS

06 Oct 2021  Read: 2 min.
Reports have indicated that the global organic food market is set to grow at a brisk rate, with one forecast suggesting it will be worth more than $380 billion in 2025.

CLEANCO TEAMS UP WITH DEMETER & CO TO BECOME A LEADER IN LOW-ALCOHOLIC DRINKS MARKET

06 Oct 2021  Read: 3 min.
UK-based non-alcoholic spirits brand CleanCo has partnered with U.S startup Demeter & Co, in a bid to “grow a global brand at speed” and become “one of the largest” non-alcoholic spirits brands in the world, as demand grows for low- or no-alcohol alternatives. CleanCo is the brainchild of UK reality TV star, Spencer Matthews, who…

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