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Daily Insights and Food Industry News

COCKTAILS BOOSTED BY LEGISLATIVE LIFT IN 30 STATES AS RTD MARKET SURGES

16 Aug 2021  Read: 3 min.
Thirty American states have now taken legislative action to allow the sale of cocktails to-go, either on a permanent or temporary basis, at a time when the ready-to-drink (RTD) cocktails market continues to strengthen. In the wake of the pandemic, 16 states and District of Columbia have made cocktails to-go a permanent feature, and another…

FRIZATA ATTRACTS $5M FROM INVESTORS AS IT CONTINUES RAPID GROWTH

16 Aug 2021  Read: 2 min.
Frizata – an Argentinian direct-to-consumer food company that is focusing on frozen meatless products – recently closed a $5 million (€4.24 million) funding round.

REBEL FOODS EXPANDING WITH FOCUS ON MIDDLE EAST AND NORTH AFRICA

13 Aug 2021  Read: 3 min.
Rebel Foods, the Indian-based dark kitchen operator, has announced it is to embark on a major expansion drive in the Middle East.

UNIVERSAL ROBINA CORPORATION OFFLOADS UNISNACK ANZ TO FOCUS ON GROWTH MARKETS

13 Aug 2021  Read: 2 min.
Universal Robina Corporation, the Philippine conglomerate, has announced that it is selling its remaining food industry interests in Australia and New Zealand.

RUSSIA BEATS RIVALS TO BECOME BIGGEST EXPORTER OF BEEF TO CHINA

12 Aug 2021  Read: 3 min.
Russia is now the biggest exporter of beef to China, taking over from Australia, Argentina and Brazil, according to the Center for Industry Expertise (CIE) of Russia’s Rosselkhozbank.

KROGER AND KITCHEN UNITED TIE UP FOR ON-DEMAND MEAL PICK-UP AND DELIVERY

12 Aug 2021  Read: 2 min.
Kroger, the largest grocery retailer in the United States, is partnering with ghost kitchen player Kitchen United to offer customers freshly-prepared, on-demand restaurant food. The first test site is expected to open this autumn at a Kroger-owned Ralphs store in Los Angeles. Additional locations are expected later this year.

50% OF ALL GLOBAL COFFEE LAUNCHES ARE SUSTAINABLE

11 Aug 2021  Read: 3 min.
New coffee product launches in 2020 carried an ethical or environmental claim close to double the number from almost a decade ago (2012) when just one in four (25%) coffee launches were sustainable.

PLANS TO INCREASE PESTICIDE RESIDUE LIMITS IN CANADA PAUSED AMID ORGANIC OUTCRY

11 Aug 2021  Read: 2 min.
Controversial plans in Canada to allow higher levels of pesticide residues in foods have been put on hold by the country’s government following opposition from organic groups.

KOREAN CONVENIENCE STORE CHAINS KICKSTART PLANS TO TAKE ON SOUTHEAST ASIA

10 Aug 2021  Read: 2 min.
Korean convenience store chains are branching out to Southeast Asia, getting into markets where the industry is just taking off.

US FOODS ENJOYS 68% LIFT IN SALES AS RESTAURANTS AND HOSPITALITY RECOVER

10 Aug 2021  Read: < 1 min.
One of the largest foodservice distributors in the United States, US Foods Holding Corp, saw net sales rise by 68% to reach $7.7 billion in the 13 weeks to 3 July.

CHINA’S RESILIENCE WILL UNDERPIN 2% GROWTH IN ASIA-PACIFIC ALCOHOL MARKET IN 2021

09 Aug 2021  Read: 3 min.
China – the largest alcohol market in the world – has become a big focus for two of the biggest liquor portfolio players: Pernod Ricard and Diageo, with more investment being poured in to drive domestic consumption using e-commerce, premiumisation, and direct-to-consumer activities. France’s Pernod Ricard – whose brands include Absolut Vodka, Jameson Irish Whiskey,…

AYO FOODS PARTNERS WITH POPULAR CHEF FOR NEW FROZEN MEALS

09 Aug 2021  Read: < 1 min.
Ayo Foods, the US-based company offering West African-style prepared foods, has forged a collaboration with a well-known chef to launch two new frozen meals.

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