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 (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.
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.
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.
As we have previously reported, the no/low alcohol market in the ten top markets tracked by drinks analyst IWSR reached close to $10 million in 2021. But the scope for growth is enormous, with the category set to record a compound annual growth rate (CAGR) of 8% between 2021 and 2025, if the right strategies are adopted.
A wide array of domestic and international exhibitors will be featured at SIAL America, a cross-category generalist food and beverage show that takes place from March 22 to 24 in Las Vegas.
Israeli biotech startup, Phytolon, is partnering with cell programming platform Ginkgo Bioworks to produce vibrant cultured food colours via fermentation of yeast.
Confectionary brand Hotel Chocolat is set to open more stores and create new jobs after posting strong interim sales profit of £24.1m (€28.9m) despite rising inflation.
As anticipation grows ahead of SIAL Canada, olive oil producers and cheesemakers are being invited to enter two major competitions taking place at the event, which runs from April 20 to 22 in Montreal.
