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Daily Insights and Food Industry News

THE 19TH EDITION OF SIAL CANADA BRANDED A SUCCESS BY SHOW ORGANISERS

04 May 2022  Read: 3 min.
The 19th edition of the International Food Show, SIAL Canada, took place from April 20 to 22 at the Palais des Congrès de Montréal.

WIDESPREAD DISCUSSIONS OVER CUTS IN BIOFUEL PRODUCTION SO THAT MORE CEREAL CAN BE USED AS FOOD

04 May 2022  Read: 2 min.
As the Ukraine conflict puts pressure on supplies of grain, officials in Germany may restrict biofuel production so that more cereal and other crops can be used as food, reports indicate.

PERNOD RICARD SAYS THE DRINKS MARKET IS SOFTENING AFTER A STRONG 18% RISE

03 May 2022  Read: 2 min.
France-based global wine and spirits maker Pernod Ricard saw very strong sales in the first nine months of its fiscal year 2022, but has warned that the global environment remains volatile and could impact its final quarter, ending June 2022.

FAIRTRADE INTERNATIONAL NAMES SANDRA UWERA AS NEW GLOBAL CEO

03 May 2022  Read: 2 min.
Fairtrade International, the world's most recognised label for social justice and sustainability, has announced the appointment of its new Global CEO, Sandra Uwera. She is stepping into the role following the departure of Dr. Nyagoy Nyong'o, who served as Interim Global CEO until 31 March 2022. According to a statement released by the organisation, Uwera…

IS THE $40 BILLION INDOOR FARMING MARKET THE FUTURE OF HEALTHY FOOD?

02 May 2022  Read: 4 min.
According to Grand View Research the global indoor farming market was valued at $39.5 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.5% from 2022 to 2030.

SINGAPORE AND NEW ZEALAND SIGN MAJOR DEAL TO PROMOTE FOOD INNOVATION

02 May 2022  Read: 2 min.
Singapore and New Zealand have signed two deals to promote co-operation in fields including food technology innovation.

INVESTMENTS IN AGRICULTURAL AND FOOD TECHNOLOGY RAMPING UP FAST AS $800 MILLION FUNDS LAUNCHED

29 Apr 2022  Read: 3 min.
In the latest indication that the world of finance is showing heavy interest in agricultural and food technology, an investment firm, ADM Capital Europe, is reportedly seeking $800 million (€759m) to invest in the sector.

PLANS FOR OCTOPUS FARM CONTINUE – BUT SPARK CONTROVERSY WITH CAMPAIGNERS

29 Apr 2022  Read: 2 min.
Plans to set up the world’s first large-scale octopus farm in the Canary Islands have sparked concern over the welfare of the animals. Activists have argued that proposals for the facility, seen as a factory farm, should be abandoned because octopuses are intelligent creatures that are able to suffer. Among the concerns expressed are the…

WALMART FOUNDATION FUNDS NEW PROJECT TO IMPROVE ORGANIC WASTE MANAGEMENT IN US COMMUNITIES

28 Apr 2022  Read: 3 min.
The Walmart Foundation is investing in a new project that aims to improve organic waste management in six US communities.

ARKANSAS SCIENTIST LANDS $200,000 GRANT TO INVESTIGATE LOW-MOISTURE FOOD SAFETY

28 Apr 2022  Read: 3 min.
A food safety researcher at an Arkansas agricultural experiment station has won a $200,000 grant from the US Department of Agriculture (USDA) National Institute of Food and Agriculture to learn more about how much moisture is required to allow bacteria to survive in low-moisture foods.

HOW THE FOOD AND BEVERAGE INDUSTRY HAS RESPONDED TO THE UKRAINE CRISIS

27 Apr 2022  Read: 3 min.
Food and beverage companies face increasing pressure from consumers and investors to cut back or pause operations in Russia as the war in Ukraine continues.

CHINA’S FROZEN FOOD MARKET GROWING 11.9% A YEAR THANKS TO BUSY LIFESTYLES AND INCREASE IN APPLIANCES IN THE HOME

27 Apr 2022  Read: 2 min.
The increasing popularity of frozen food among China’s white-collar workers is helping to spur double-digit growth in sales, according to a new report.

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