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Daily Insights and Food Industry News

INVESTMENTS IN AGRICULTURAL AND FOOD TECHNOLOGY RAMPING UP FAST AS $800 MILLION FUNDS LAUNCHED

29 Apr 2022  Read: 3 min.
In the latest indication that the world of finance is showing heavy interest in agricultural and food technology, an investment firm, ADM Capital Europe, is reportedly seeking $800 million (€759m) to invest in the sector.

PLANS FOR OCTOPUS FARM CONTINUE – BUT SPARK CONTROVERSY WITH CAMPAIGNERS

29 Apr 2022  Read: 2 min.
Plans to set up the world’s first large-scale octopus farm in the Canary Islands have sparked concern over the welfare of the animals. Activists have argued that proposals for the facility, seen as a factory farm, should be abandoned because octopuses are intelligent creatures that are able to suffer. Among the concerns expressed are the…

WALMART FOUNDATION FUNDS NEW PROJECT TO IMPROVE ORGANIC WASTE MANAGEMENT IN US COMMUNITIES

28 Apr 2022  Read: 3 min.
The Walmart Foundation is investing in a new project that aims to improve organic waste management in six US communities.

ARKANSAS SCIENTIST LANDS $200,000 GRANT TO INVESTIGATE LOW-MOISTURE FOOD SAFETY

28 Apr 2022  Read: 3 min.
A food safety researcher at an Arkansas agricultural experiment station has won a $200,000 grant from the US Department of Agriculture (USDA) National Institute of Food and Agriculture to learn more about how much moisture is required to allow bacteria to survive in low-moisture foods.

HOW THE FOOD AND BEVERAGE INDUSTRY HAS RESPONDED TO THE UKRAINE CRISIS

27 Apr 2022  Read: 3 min.
Food and beverage companies face increasing pressure from consumers and investors to cut back or pause operations in Russia as the war in Ukraine continues.

CHINA’S FROZEN FOOD MARKET GROWING 11.9% A YEAR THANKS TO BUSY LIFESTYLES AND INCREASE IN APPLIANCES IN THE HOME

27 Apr 2022  Read: 2 min.
The increasing popularity of frozen food among China’s white-collar workers is helping to spur double-digit growth in sales, according to a new report.

NEW VIVOSUN SMART GROW SYSTEM SET TO “EMPOWER” INDOOR GROWERS

26 Apr 2022  Read: 3 min.
Indoor horticulture equipment and technology specialist, Vivosun has unveiled its latest generation of proprietary smart technology, the Vivosun Smart Grow System, which it hopes will “empower growers of any skill level in a way that hasn't been seen before in the industry”.

YUM CHINA’S ‘GREEN PIONEER’ KFC STORES IN HANGZHOU AND BEIJING CUT EMISSIONS BY 15%

26 Apr 2022  Read: 2 min.
Yum China Holdings, has launched KFC’s first ‘green pioneer’ stores in Hangzhou and Beijing as part of the group’s roadmap towards reaching net-zero greenhouse gas (GHG) emissions in its value chain by 2050.

WSWA’S NEW SCORECARD OPENS UP PRICE PERFORMANCE DATA FOR YEAR TO FEBRUARY 2022

25 Apr 2022  Read: 3 min.
The Wine & Spirits Wholesalers of America (WSWA) has introduced a new scorecard as part of its SipSource service based on price tier performance (PTP) across on- and off-premise wine and spirits channels.

NESTLE INVESTS $90M IN AUSTRALIAN PLANT TO HEAVILY INCREASE PET FOOD PRODUCTION

25 Apr 2022  Read: 2 min.
Nestlé is pumping AUS$90 million (€61.16 million) into a dog and cat food processing factory in south-east Australia to heavily increase output of the company’s Purina products.

MOBILE PAYMENTS FOR GROCERIES BECOMING MORE POPULAR BUT YET TO HIT HIGH LEVELS

22 Apr 2022  Read: 3 min.
Shoppers in the United States are increasingly using mobile channels to purchase groceries, according to latest figures.

SIAL SHANGHAI MOVED TO DECEMBER, BUT EXCITEMENT BUILDS FOR SIAL GLOBAL FOOD WEEK IN MAY

22 Apr 2022  Read: 2 min.
SIAL Shanghai has been postponed until December in response to the current Covid-19 situation, the organisers of the event in China have announced.

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