Food Industry News : Inspire food Business

Hershey to acquire 2 popcorn facilities from weaver

27 Apr 2023 Read: 2 min.

Snacks and chocolate maker, The Hershey Company, is set to acquire two manufacturing plants from Weaver Popcorn, a leader in popcorn processing, production and co-packing, and a co-manufacturer of Hershey’s SkinnyPop brand for an undisclosed amount.

NEWS

Leanpath test AI-powered food waste prevention solution

27 Apr 2023 Read: 3 min.

Leanpath, which prides itself as a leader of food waste prevention, has announced it will be integrating artificial intelligence into its services

GROCERY NEWS

UK grocery retail market to grow by $52.5bn with Amazon.com Inc. and Carrefour SA as key players

26 Apr 2023 Read: 2 min.

The UK grocery retail market is set to grow by $52.54 billion between 2022 and 2027

ASIA BEVERAGES DAIRY PRODUCTS NEWS ORGANIC & WELLNESS

Dairy alternatives market to be worth $66.9 billion by 2030

26 Apr 2023 Read: 3 min.

The global dairy alternatives market size is expected to expand at a CAGR of 12.6% from 2023 to 2030

NEWS

The drive to extend shelf life ramps up with new high tech packaging

25 Apr 2023 Read: 3 min.

With an estimated 1.3 billion tons of food being wasted each year, wastage is a major problem. One way to reduce food waste is to extend shelf life, and the the most effective way to do this is with clever packaging... Several companies are working to solve this issue, as well as the science community.…

ASIA NEWS

Shan Foods and Symrise to bring new Pakistani flavours to 230 million consumers

25 Apr 2023 Read: 2 min.

Global culinary brand Shan Foods in Pakistan has signed a partnership with scents and flavours house Symrise designed to advance taste, nutrition, and health food technology platforms in Pakistan. The two groups want to develop a market advantage as ahead of the growth curve expected in Pakistan in the next few years.

AMERICAS BEVERAGES NEWS

Light lager back on top as Hard Seltzers decline to 17% in US

24 Apr 2023 Read: 3 min.

The biggest online alcohol retailer in the United States offered up some food for thought earlier this month when it released data sales data for the month of March. The numbers showed that the hard seltzer craze might have been short-lived as light lager made a comeback.

FOOD PROCESSING

What are the main drivers of the food packaging market?

24 Apr 2023 Read: < 1 min.

A new report from Technavio predicts that the food packaging market size will shift positively over the course of the next decade, but what are the key industry drivers?

MIDDLE EAST AFRICA NEWS

CAREEM’S SUPER APP ATTRACTS $400M INVESTMENT FROM E&

21 Apr 2023 Read: 2 min.

The UAE communications company e&, which was previously called Etisalat, has snapped up just over half of a major Dubai-based food-delivery app. Media reports indicate that e& has paid $400 million to secure a 50.03% stake in the Careem Super App, which was spun out of Careem, a ride-hailing app owned by Uber, in April…

EUROPE GROCERY NEWS

Greenman Open snaps up €90m Edeka supermarket buildings deal

21 Apr 2023 Read: 3 min.

Greenman Open, a major food-related retail investment fund in Germany, has been on a major spending spree gaining nine Edeka stores in two separate deals Officials say the agreements should result in greener supermarkets, because solar panels are being installed along with electric vehicle charging points. In the most recently announced of the two transactions,…

NEWS ORGANIC & WELLNESS

Nutrition label should be compulsory to beat junk food, says French consumer watchdog

20 Apr 2023 Read: 3 min.

French consumer organisation UFC-Que Choisir is calling for compulsory Nutri-Score labelling to improve food standards and nutrition of unhealthier foods According to a study by the organisation, this noting of nutritional information has led to an improvement in health quality in foods. The association is urging France to mobilise and defend the Nutri-Score with the…

AMERICAS FOOD PROCESSING NEWS ORGANIC & WELLNESS

Tyson Foods creates new well-being platform for 120,000 US employees

20 Apr 2023 Read: 2 min.

NYSE-listed Tyson Foods, one of the biggest food companies in the world, has launched a well-being app as part of a new initiative aimed at building a healthier workforce in the United States.

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