Established meat alternative food manufacturer Quorn is stepping up its position in the meat-free chicken category with the opening of a new culinary development centre in Dallas, Texas. It follows investment into the US business by Philippines parent Monde Nissin Corp which generated $1 billion in an initial public offering in June. “Our ambition is…
With the Covid-19 pandemic forcing people to stay at home and order groceries online, and supermarkets unable to keep up with demand, rapid grocery delivery services have boomed. This trend is set to continue, potentially threatening the traditional in-store shopping model, according to research by Mintel.
Organic foods and healthy eating habits are more attainable among the wealthy, but more people are turning towards a better diet following the pandemic, according to the UK's National Food Strategy.
A frozen vegan egg is being launched in South Africa by Eat Just, which is rolling out the product – which can be toasted – in conjunction with Infinite Foods, a Johannesburg-headquartered company.
Plant-based food-tech company Shandi has closed its second seed round led by Singapore-headquartered Tolaram to raise more than $700,000. The funding will be used to set up a manufacturing facility to commercialise and scale Shandi’s proprietary plant-based chicken products and expand partnerships in the food sector. Tolaram, an emerging markets investor, was joined in the…
Duty-free alcohol sales to and from the UK are picking up as more consumers travel to and from the European Union thanks to markets tentatively opening up after Covid. While the pandemic is far from over, travel is increasing, helped by high vaccination rates and easing of restrictions – and alcohol sales across the English…
Swiggy, an Indian food delivery company, has said it will shift its focus to grocery deliveries and reduce the proportion of its business accounted for by restaurant meals.
Agthia Group, the UAE-based food and beverage company, has said it is looking to expand by making acquisitions in major markets in the Middle East and North Africa region.
