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Chinese food brand Fly by Jing raises $12M in funding

14 Mar 2023  Read: 3 min.
The first modern Chinese food brand that popularised chili crisp has secured $12M in Series B funding to continue its explosive growth. Fly by Jing's existing investor Prelude Growth Partners funded the round alongside Pendulum. The capital positions the company for continued significant growth by propelling it into Kroger, Albertsons and other national grocery retailers, in addition to the existing…

Brewers quickly pick up the baton of changing consumer tastes

13 Mar 2023  Read: 3 min.
In the decade to 2021, data from drinks analyst IWSR show that global beer consumption slipped by 4%. However, the long-term sales trend has not been negative for brewers because they have turned to higher-value products and new growth categories. And the pandemic has super-charged some of this activity.

Global fruit and vegetable processing market to reach $14.1bn by 2030

13 Mar 2023  Read: 2 min.
Health awareness is said to be a driving force behind encouraging projections for the global fruit and vegetable processing market which is expected to almost double in the coming years A new report by Zion Market Research says the sector is set to increase to $14.1bn (€13.08bn), up from $8.5bn (€7.9bn) in 2022 - with…

Aleph Farms agrees deal to produce cultivated steaks in Singapore

10 Mar 2023  Read: 2 min.
Israeli cultivated meat producer Aleph Farms has signed a memorandum of understanding with Esco Aster to launch operations in Singapore Aleph Farms, which is headquartered in Rehovat, has acquired a manufacturing facility in its home country, having bought assets from VBL Therapeutics.CEO and co-founder Didier Toubia said that Israel and Singapore were the first two…

EU’s ambitious marine sustainability initiative aims to promote seafood security, commissioner says

10 Mar 2023  Read: 3 min.
European leaders have outlined how marine environment protection measures could safeguard the EU’s seafood sectors and improve food security in the 27-member bloc. The measures, recently announced by the European Commission, are also designed to promote an energy transition in the EU's fisheries and aquaculture sector. They aim to protect and restore ecosystems, and promote…

ALDI PARTNERS WITH DOORDASH TO DELIVER GROCERIES IN 38 US STATES

09 Mar 2023  Read: 2 min.
Value grocery retailer Aldi has tied up a deal in the US with local commerce platform DoorDash so its customers can get deliveries direct to their front doors. The on-demand service will apply to “nearly all” store locations across 38 states, said the grocer.

Cage-free eggs systems to be transformed but are farmers ready?

09 Mar 2023  Read: 3 min.
US egg producers are transforming operations to cage-free systems under a 2026 deadline set by several states and retailers. But egg farmers say they need time to achieve the changes. Several factors could slow the transition such as the high cost upgrading facilities to accommodation cage-free production, according to a recent study. Researchers at the…

Celebrating International Women’s Day with Elles sont food

08 Mar 2023  Read: 4 min.
With over five years of activity and over 350 members, Elles sont food has provided a platform for women in the food industry in France and around the world. The collective spoke to SIAL Newsroom about their progress so far and the hard work ahead.   Happy International Women’s Day. To start could you tell us…

NOVEL YACHTING LIFESTYLE VODKA LAUNCHES AT $100/BOTTLE

07 Mar 2023  Read: 2 min.
The burgeoning vodka market has another new entrant at the high end: Yacht Life Vodka from Florida-based luxury lifestyle brand The Quintessential Yachtsman at a retail price of $100.

Immi raises $10m with help of A Listers to make ramen mainstream

07 Mar 2023  Read: 2 min.
The 100% plant-based instant ramen brand immi has announced its $10m Series A funding results with celebrity backers including Naomi Osaka, Usher, Apolo Ohno, David Grutman, Kygo's Palm Tree Crew, and Gryffin. This new round of funding, led by Touch Capital, will enable the brand to hire for key leadership roles, expand its better-for-you lineup…

ARLA URGES GEN Z TO HELP IT MEET NET ZERO TARGETS

06 Mar 2023  Read: 2 min.
U.K. dairy giant Arla is calling on more young Brits to enter farming in the next decade to help the industry meet its carbon targets. New research commissioned by Arla into the career aspirations of Gen Z has unveiled nearly 40% want a job that’s analytical, but 33% don’t know much about the job of…

OTA MAKES CLEAR ITS ORGANIC PRIORITIES FOR THE 2023 FARM BILL

06 Mar 2023  Read: 3 min.
America’s Organic Trade Association (OTA) has called for a new Farm Bill this year that recognises the role the $63 billion US organic sector plays in agriculture by setting out some clear priorities. It hopes these will support the growth and success of organic agriculture into the next decade and beyond.

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