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Daily Insights and Food Industry News

DUBAI’S FOOD TRADE SURGES ALMOST 10% TO €14.2 BILLION

08 Apr 2022  Read: 2 min.
Dubai enjoyed almost a double-digit increase in its food trade last year, reports have indicated, with imports, exports and re-exports all growing

HOW THE FRESH CHILE COMPANY STRUCK GOLD AT SIAL AMERICA WITH NEW FREEZE DRIED HATCH CHILE

08 Apr 2022  Read: 3 min.
When Lane Gardo, who carries out creative product development for The Fresh Chile Company, based in New Mexico, US, investigated who was selling freeze dried chile, he was surprised at the answer.

FRESHBREW SELLS VENDING BUSINESS TO COMPASS GROUP AFTER 25-YEAR RUN

07 Apr 2022  Read: 2 min.
Private-label coffee and tea producer FreshBrew is divesting its vending division to Compass Group North America, the owner of Canteen Vending Services. The sale is part of a strategic move from the Houston-based company to focus on its core business.

NEW IPCC REPORT INTO CLIMATE CHANGE PUTS FOOD SECTOR AT FOREFRONT OF POSITIVE CHANGE

07 Apr 2022  Read: 3 min.
A new report from the IPCC, (Intergovernmental Panel on Climate Change) has found that changing food practices on a global scale could be one of the most significant and most efficient factors in mitigating the effects of climate change, if more action is taken now.

ALGAE PROTEIN MARKET SET TO GROW TO $1.05BN BY 2028, SAYS NEW REPORT

06 Apr 2022  Read: 2 min.
The algae protein market is projected to reach a valuation of above $1.05 billion (€950m) by 2028, growing at a CAGR of 6% from 2022 to 2028, according to a recent report by Global Market Insights (GMI).

SEAFISH DROPS “LOVE SEAFOOD” CAMPAIGN LAUNCHED IN 2020 TO FOCUS ON KEY INDUSTRY CONCERNS

06 Apr 2022  Read: 2 min.
Seafish, the official organisation that supports the UK’s seafood sector, has ended its 'Love Seafood' campaign to encourage people to eat more fish after a survey found the group’s efforts were “spread too thin”.

BOOST FOR AUSTRALIAN SHEEP EXPORTS TO INDIA AS TARIFFS CUT BY 30%

05 Apr 2022  Read: 2 min.
On Monday the signing of the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) ushered in a new era of lower friction exportation of Australian sheep meat.

SUSTAINABLE PROTEIN INNOVATIONS ARE A KEY ELEMENT OF CHINA’S 5-YEAR AGRICULTURE PLAN

05 Apr 2022  Read: 3 min.
Chinese government planning has cited innovation in the food sector, in particular sustainable protein, as a key part of its agricultural strategy.

THE NO-ALCOHOL AND LOW-ALCOHOL MARKET IS SEEING A 15% GROWTH BOOM. WHY?

04 Apr 2022  Read: 3 min.
The no-alcohol and low-alcohol sector is seeing more market entrants and is also moving into channels such as airport retail, as we have reported – a sure sign that the sector is making a permanent mark in the global drinks market.

FOOD SECURITY CONCERNS COULD KEEP FROZEN SALES BUOYANT

04 Apr 2022  Read: 2 min.
Frozen food sales are likely to remain buoyant thanks to concerns over food security, analysts have said at a time when global turmoil has pushed up food prices.

FROM FINANCE TO ARMAGNAC: A MAJOR CAREER CHANGE TO PRESERVE TRADITIONS DATING FROM 1880

01 Apr 2022  Read: 3 min.
For Henry Florent Soulhol, buying an historic Armagnac house represented a complete change of scene from his previous life in the world of international finance.

ONLINE FOOD DELIVERY TO GROW AT 15% A YEAR GLOBALLY – AND ALMOST DOUBLE THAT IN SOME COUNTRIES

01 Apr 2022  Read: 2 min.
The fast-growing online food delivery market is set to continue to expand at a stratospheric pace for the rest of the decade, according to a new report.

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