Food Industry News : Inspire food Business

GREEN GENERATION FUND RAISES €100 MILLION TO EXPAND FOOD TECHNOLOGY INNOVATION

09 Aug 2022 Read: 3 min.

Green Generation Fund, a Berlin-based firm has received €100 million to promote food technology that saves CO2 in producing meat alternatives and other products.

EUROPE MEAT NEWS OCEANIA

BRITISH MEAT PROCESSORS HIGHLIGHT ANIMAL WELFARE ‘FLAWS’ IN NEW TRADE DEALS

09 Aug 2022 Read: 2 min.

The British Meat Processors Association (BMPA) has cited a new report from independent think tank ResPublica that it says “exposes a number of flaws” in the UK’s recent trade deals with Australia and New Zealand “that open the door to food produced to lower standards of animal welfare”.

AMERICAS ASIA BEVERAGES EUROPE MIDDLE EAST AFRICA NEWS OCEANIA

MOUTAI IS THE WORLD’S MOST VALUABLE SPIRITS BRAND AT $43 BILLION SAYS BRAND FINANCE

08 Aug 2022 Read: 3 min.

Brand valuation consultancy Brand Finance says that global spirits labels grew by 6% in value last year and that China’s Moutai baijiu was the most valuable spirits brand globally at $43 billion, well ahead of second placed Wuliangye, at $28.7 billion, also from China. Brand value is defined by Brand Finance as the net economic…

FROZEN PRODUCTS NEWS

SALES OF FROZEN READY MEALS TO REACH $130 BILLION BY 2029, NEW REPORT FORECASTS

08 Aug 2022 Read: 2 min.

Meticulous Research has become the latest company to forecast that demand for frozen ready meals will increase in the coming years as busy lifestyles drive sales for convenience foods.

MEAT NEWS OCEANIA

CELLULAR AGRICULTURE AUSTRALIA LAUNCHES GROUNDBREAKING 6-MODULE COURSE

05 Aug 2022 Read: 2 min.

Australia’s first online course in cellular agriculture has been launched by Cellular Agriculture Australia to prepare what the organisation describes as “the massive wave of talent” that will be needed in future.

EUROPE FOOD PROCESSING NEWS

MONDI LAUNCHES NEW RECYCLABLE PAPER PACKAGING FOR ITALIAN PASTA BRAND

05 Aug 2022 Read: 3 min.

Mondi, the global packaging company, has debuted fully recyclable paper packaging for pasta at a time of continuing concern about plastic waste. The new product, a replacement for plastic packaging, has been launched in partnership with Fiorini International, a packaging producer based in Italy, Mondi announced in a statement. Developed for the Antico Pastificio Umbro…

ASIA FRUITS & VEGETABLES NEWS ORGANIC & WELLNESS

SPREAD RAISES $30 MILLION IN LARGEST FOOD TECH DEAL IN JAPAN

04 Aug 2022 Read: 2 min.

Vertical farming startup, Spread, has raises $30 million in a Series A funding round from multiple companies and angel investors in what is claimed to be the largest-ever single fundraising in Japan’s food tech market.

MEAT

NEW RESEARCH PARTNERSHIP ENGAGES RED MEAT FARMERS ACROSS AUSTRALIA

04 Aug 2022 Read: 3 min.

Meat & Livestock Australia partners with Farming for the Future to conduct a multi-year study into farm businesses, including red meat producers.

BEVERAGES MEAT ORGANIC & WELLNESS TRADE TALK

PLANT-BASED MARKET BOOM LEADS TO GREAT OPPORTUNITIES

03 Aug 2022 Read: 3 min.

With the plant extracts market expected to grow from $29,238.91 million in 2021 to $47,421.44 million by 2028, the opportunities for new players entering the market are significant and extensive.

EUROPE NEWS ORGANIC & WELLNESS

UKRAINE LOOKS TO GROW ORGANIC FOOD EXPORTS TO $1 BILLION DESPITE WAR WITH RUSSIA

03 Aug 2022 Read: 2 min.

Ukraine is continuing with plans to expand its organic food exports to $1 billion despite the war with Russia, a senior official at the country’s Ministry of Agrarian Policy and Food has said.

AMERICAS BEVERAGES NEWS ORGANIC & WELLNESS

CELSIUS GAINS $550 MILLION INVESTMENT FROM PEPSICO

02 Aug 2022 Read: 2 min.

Pepsi’s parent company PepsiCo, is investing $550 million in fitness energy drinks company Celsius Holdings as part of a deal that will also forge a long-term strategic distribution arrangement.

ASIA DAIRY PRODUCTS NEWS

NESTLE LAUNCHES FIRST CARBON NEUTRAL PRODUCT IN CHINA

02 Aug 2022 Read: 3 min.

Net zero ambitions are a driving force for Nestlé which has introduced its first carbon neutral product in China as it endeavours to cut all emissions by 2050.

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