The worldwide alcoholic beverage market is set to grow by 3% (by volume) this year and return to pre-Covid levels by 2022, according to the latest forecasts from London-based drinks analyst IWSR.
SATS, the Singaporean in-flight meals producer and ground-handling services provider, has spent $21 million (€17.3 million) on a majority share of Food City, a Thai frozen-food company.
Lineage Logistics, the US-based cold-storage company, has bought the Kloosterboer Group, a temperature-controlled food storage and transport company based in Holland.
Industry sources have suggested that there may be disruptions to imports of medium and high-end seafood products, as one of the largest seafood markets in China intensifies screening of imported products amid a local flare-up of Covid-19 cases.
Flink, the European on-demand online grocery retailer that launched six months ago, has attracted nearly €200m euros in its latest round of fundraising.
Brewer Anheuser-Busch and the White House have launched a campaign to get as many Americans as possible vaccinated against Covid-19 by Independence Day (4 July). Several parts of the US are in a pivotal transition phase, so the brewer is doubling down on its pledge to connect with consumers and help lead a safe recovery…
In the 12 weeks to April 18, with year-on-year comparisons pointing at the early stage of the pandemic, Kantar reported that the UK meat industry saw a resurgence in those proteins, which took a backseat last year.
Greater health awareness, fuelled by the onset of the Covid-19 pandemic, helped organic food and non-food sales in the US to surge last year by 12.4% to reach $62 billion (€52.8bn) based on one survey’s findings.
David Jones, the Australian department store operator, is pulling out of a partnership to run food stores at BP petrol stations as its parent company looks to cut losses.
