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Daily Insights and Food Industry News

YILI GROUP TAKES 52.7% STAKE IN AUSNUTRIA – AS A FIRST STEP

15 Mar 2022  Read: 2 min.
China’s Yili Group has taken a controlling share of 52.7% in Ausnutria Dairy, before the cut-off date earlier this month, and following the announcement, made last year, of plans to buy out the whole company.

ARKAY CONFIRMS 100 MILLIONTH NO-ALCOHOL BOTTLE SOLD AND OPENS NEW R&D UNIT

14 Mar 2022  Read: 3 min.
Arkay has confirmed it has sold its 100 millionth bottle, after seeing a big growth spurt during the pandemic.

EFSA DECLARES HIGH-PRESSURE PROCESSING SAFE AS A WAY TO KILL PATHOGENS

14 Mar 2022  Read: 2 min.
A food processing technique that uses intense pressure for a specific length of time to kill microorganisms has been deemed safe by the European Food Safety Authority (EFSA).

EXCITEMENT BUILDS AHEAD OF DJAZAGRO 2022 IN ALGERIA

11 Mar 2022  Read: 4 min.
Excitement is already building ahead of Djazagro, the agro-food production trade show, which takes place in Algeria from May 30 to June 2, 2022.

UK ORGANIC FOOD SALES SURGE THROUGH £3 BILLION BARRIER FOR THE FIRST TIME

11 Mar 2022  Read: 2 min.
Organic food sales in the UK grew 5.2% last year and broke through the £3 billion (€3.59 billion) barrier for the first time, according to a new report.

SPROUT ORGANICS TEAMS UP WITH COCOMELON TO LAUNCH NEW CO-BRANDED PRODUCT LINE IN US

10 Mar 2022  Read: 3 min.
Sprout Organics, the American organic baby food brand, has announced the launch of a co-branded line of products with kids entertainment brand Moonbug Entertainment - makers of YouTube channel, CoComelon. Rolling out in Walmarts across North America, the partnership, the first of its kind, features well-known and loveable CoComelon characters, J.J., YoYo, TomTom, and more. Sprout…

Introducing THE SHOwP, the B2B Marketplace for SIAL

10 Mar 2022  Read: 3 min.
THE SHOwP is a new digital platform for SIAL, as well as other tradeshows in the Comexposium group, which gives visitors and exhibitors the chance to meet and collaborate all year round.

LT FOODS AMERICAS TAKES 51% STAKE IN JASMINE RICE PRODUCER

10 Mar 2022  Read: 2 min.
LT Foods Americas (LTFA), a subsidiary of India’s LT Foods, has acquired a 51% controlling stake in Golden Star Trading Inc, along with its jasmine rice brand Golden Star. The deal includes a call option to buy the remaining 49% stake at the end of three years.

TYSON VENTURES INVESTS IN CUTTING EDGE SUSTAINABILITY TECH

09 Mar 2022  Read: 2 min.
Tyson Ventures has announced a new initiative to help the meat giant reach its sustainability goals.

FROM INNOVATION TO TRADITION: HOW START-UPS ARE CHANGING THE WAY WE BUY AND EAT FOOD

09 Mar 2022  Read: 2 min.
Few industries have more exciting start-ups than the food and beverage sector, with myriad up-and-coming firms changing the way we eat and how we buy food.

‘PIONEERING’ SEAFOOD PRODUCER WILDTYPE BOOSTED BY €90 MILLION FUNDING INJECTION

08 Mar 2022  Read: 3 min.
Wildtype, a specialist cell-based seafood maker, has received huge investment from a recent funding round.

AMERICAN MEAT SALES HOLD THEIR OWN AT $82 BILLION IN 2021

08 Mar 2022  Read: 2 min.
Despite the hype around meat alternatives, American consumers continued to buy meat in large quantities last year and the category also showed itself to be a money spinner for retailers.

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