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Daily Insights and Food Industry News

BREAKTHRU BEVERAGES TO EXPAND IN SPRING 2022 WITH MISSOURI ACQUISITION

10 Jan 2022  Read: 3 min.
Breakthru Beverage Group (BBG) has signed an agreement to purchase Missouri-based wine and spirits wholesaler Major Brands by the end of the first quarter, subject to usual and customary closing conditions.

SPUR TREE SPICES READIES NEW FROZEN RANGE AFTER €7.45M IPO

10 Jan 2022  Read: 2 min.
Spur Tree Spices, a Jamaican sauces company, is planning to launch a range of frozen products after closing its IPO early following heavy interest from investors.

SAUDI ARABIA BOOSTS VERTICAL FARMING SECTOR WITH AMBITIOUS €23.5 INVESTMENT

07 Jan 2022  Read: 3 min.
A company described as Australia’s first instant online grocery supermarket has raised AUS$18 million (€11.49 million) in a seed funding round.

VOLY SECURES €11.5M IN BACKING AS IT PREPARES FOR NATIONAL ROLLOUT

07 Jan 2022  Read: 2 min.
Voly, a company described as Australia’s first instant online grocery supermarket, has raised AUS$18 million (€11.49 million) in a seed funding round.

WHOLE FOODS RETHINKS NEW YEAR’S RESOLUTIONS UNTIL 26 JANUARY

06 Jan 2022  Read: 2 min.
Whole Foods Market, the healthy-eating grocery chain, has unveiled Resolution Renovator, an online hub to get people to rethink rigid New Year’s resolutions, and consider their diet and well being.

MEAT COMPANIES MAKE UP 10% OF TOP 100 LARGEST FOOD AND BEVERAGE FIRMS GLOBALLY

06 Jan 2022  Read: 3 min.
New research has cast light on the global influence of meat companies, specifically on how meat and feed are produced, transported and traded.

NEW STUDY REVEALS THAT MEAT CONSUMPTION ‘MAY HAVE PEAKED’ IN SOME COUNTRIES

05 Jan 2022  Read: 3 min.
A recent study to come out of Australia, published by open source online scientific journal, MDPI, has revealed that peak meat consumption may have been reached in some countries, but is still on the rise in the developing world.

ORGANIC AGRICULTURE TO MAKE UP 30% OF GERMAN FARMLAND UNDER AMBITIOUS NEW TARGET

05 Jan 2022  Read: 2 min.
Germany’s new coalition government aims to have 30 per cent of the country’s cultivated land under organic management by 2030.

YILI GROUP LAUNCHES LARGEST ICE CREAM PRODUCTION FACILITY IN INDONESIA

04 Jan 2022  Read: 3 min.
Yili Group, the Chinese dairy produce manufacturer, has strengthened its presence in Southeast Asian markets with the opening of its first self-built factory in the region.

CHIPOTLE PROMOTES PLANT-BASED CHORIZO AFTER SUCCESSFUL 2021 TEST

04 Jan 2022  Read: 2 min.
As another sign of the shift to vegan diets, Chipotle Mexican Grill is launching plant-based chorizo on its traditionally meat-focused menu.

DIAGEO SUSTAINABLE SOLUTIONS OPENS FOR APPLICATIONS: DEADLINE 14 JANUARY

03 Jan 2022  Read: 3 min.
Johnnie Walker whisky maker Diageo has opened the second round of its sustainability initiative – Diageo Sustainable Solutions – as it forges ahead with ambitious plans for drive ahead with greener manufacturing, production and distribution of its beverages.

CJ CHEILJEDANG ENJOYS FOREIGN SALES GROWTH AMID POPULARITY OF K-POP

03 Jan 2022  Read: 2 min.
CJ CheilJedang, a South Korean frozen food company, has experienced a rapid rise in its overseas sales, with the global popularity of Korean music and television programmes partly given credit for the increases.

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