Canadian industrial ingredients company, Lallemand, today confirmed that it has closed a deal to buy another biotech business – Switzerland’s Evolva, after the latter’s shareholders voted by 91% in favour of the acquisition.
Making better use of emerging food processing technologies could improve food and nutrition security as the world faces challenges like climate change, the Institute of Food Technologists has said. In a new white paper, the US-headquartered organisation called for greater efforts to speed the development of new food technology, such as through public-private partnerships. The…
Milk remains an important source of nutrients and provides several health benefits, but it can have a strong impact on the environment. This is why Nestlé is highlighting its research into new technologies to reduce dairy's impact and implement solutions at scale. Nestlé is exploring different approaches to reduce dairy's greenhouse gas emissions. The company is…
After three years of work, an international partnership - the WeLASER consortium working group (pictured top) - has created a precision weeding tool which it says demonstrates that a pesticide-free future is possible and that "herbicide-free agriculture is at hand". The partnership is formed by research centres, universities, private companies and farmers' organisations from Spain,…
According to the latest technavio report, "Global Shrimp Market 2023-2027," forecasts a significant growth in the shrimp market, with an estimated increase of €6.03 billion from 2022 to 2027.
A deal to avoid the reimposition of tariffs on American whiskies from 1 January 2024 by the European Union has been broadly welcomed by the Distilled Spirits Council of the US (Discus), the national trade association representing producers and marketers of distilled spirits sold in America.
A recent analysis by MarketsandMarket forecasts a significant market expansion, with its valuation set to grow from €260,28 billion in 2023 to an estimated €333,09 billion by 2028.
About 65% of the uncultivated, arable land left to feed the world is in Africa. The size of Africa’s food and agriculture market will be worth $1 trillion (approximately €912,720,956,900) by 2030 and could be capable of feeding the continent if it is adapted to the challenges of climate change and disruption in food supply.…
French consulting firm DigitalFoodLab's FoodTech in Europe Report for 2023 examines the state of the market and the road ahead. It has found that, although investments are decreasing, "things are still looking quite good for the future of Europe’s FoodTech". So, what exactly is FoodTech? DigitalFoodLab summarises it as "the ecosystem made up of all…
Two drinks giants, Italy’s Campari Group and Beam Suntory have entered into exclusive negotiations to respectively acquire and sell Courvoisier, through the 100% purchase of the share capital of Beam Holding France S.A.S. which owns the cognac brand.
Many associate the French food industry with the Southwest or the South of the country, Burgundy or the region around Lyon and the Alps. However, when it comes to the French agri-food industry, Northern France should not be overlooked. From major supermarket retailer Auchan to brands such as Bonduelle or bakery chain Paul, the Hauts-de-France…
