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Daily Insights and Food Industry News

HILTON FOOD GROUP ACHIEVES 50% REVENUE JUMP

12 Apr 2021  Read: < 1 min.
The Hilton Food Group has announced it achieved a significant increase in turnover last year, boosted by strong growth in Australia.

NESTLÉ STARTS WIDE ROLL-OUT OF NEW 70% DARK CHOCOLATE

09 Apr 2021  Read: 2 min.
Nestlé has announced the wider roll-out of Incoa, its new 70% dark chocolate bar made exclusively from the cocoa fruit.

BLUU BIOSCIENCES ATTRACTS MILLIONS IN SEED FUNDING

09 Apr 2021  Read: < 1 min.
Cultivated seafood producer Bluu Biosciences has closed its seed funding round at €7 million, less than 10 months after it was founded.

SALES AT AGRIBUSINESS COOPERATIVE CHS INC HIT BY COVID-19 PANDEMIC

08 Apr 2021  Read: < 1 min.
Diversified US agriculture-to-energy group CHS Inc has reported a $38 million loss in the quarter ended February 2021 despite strong gains in its agribusiness segment.

ONLINE GROCER EVERLI ATTRACTS $100M TO AID EUROPEAN GROWTH

08 Apr 2021  Read: 2 min.
Online grocery platform Everli has received a $100 million in Series C funding, as it looks to expand its operations.

WOOLWORTHS (SOUTH AFRICA) REPORTS POSITIVE TRADING UPDATE

07 Apr 2021  Read: 2 min.
South Africa-based Woolworths has reported a positive trading update for the 26-week period ending December 27, 2020, with its performance driven by its food operations.

NEW COMPANY AIMS TO SHAKE UP SUPPLY OF FROZEN FOOD INGREDIENTS

07 Apr 2021  Read: < 1 min.
A new venture supplying frozen ingredients sourced from across the world has been launched in the UK by senior figures from three food companies.

CARREFOUR ADDING ONLINE COLLECTION CAPACITY IN FRANCE

06 Apr 2021  Read: 2 min.
Carrefour has committed to offering a drive, pedestrian drive, or delivery service, both next day and within the hour options, from 2,000 of its almost 5,000 stores in France by the end of 2021.

NEXT MEATS BROADCASTS JAPAN’S FIRST MEAT-ALTERNATIVE TV AD

06 Apr 2021  Read: < 1 min.
Tokyo-based Next Meats is airing Japan’s first ever television commercial for plant-based meat alternatives.

Champagne shipments to US fell by 19% last year due to Covid and stockpiling

05 Apr 2021  Read: 3 min.
Champagne volume shipments to the US fell by 19% year-on-year in 2020, impacted not just by the fall-out of the Covid-19 pandemic, but by stockpiling the previous year.

NEW FOOD PROCESSING SUBSIDIES ANNOUNCED BY INDIAN GOVERNMENT

05 Apr 2021  Read: < 1 min.
The Indian government is introducing subsidies that it hopes will generate hundreds of thousands of jobs in the country's food processing sector.

GROCERY SALES SLOW AS UK MARKS LOCKDOWN ANNIVERSARY

02 Apr 2021  Read: 3 min.
Take-home grocery sales in the UK rose by 7.4% during the 12 weeks to 21 March 2021, marking a slowdown in growth compared to previous months, according to the latest figures from analyst Kantar.

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