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Daily Insights and Food Industry News

SOPHIE’S BIONUTRIENTS AIMS TO REPLACE SOY AS PROTEIN ALTERNATIVE WITHIN 5 YEARS

08 Dec 2021  Read: 3 min.
Singapore-based startup Sophie's Bionutrients, which describes itself as “a next-generation sustainable urban food production technology company”, has developed new technology which it believes will shape the future of the food industry, accelerating the commercial viability of microalgae-based foods and replacing Soy as a commercially viable protein source. 

HALAL MEAT EXPORTS FROM NEW ZEALAND JUMP BY 13%

07 Dec 2021  Read: 2 min.
Halal-certified red meat exports rose by 13% per cent during the 2020-2021 season, with most of it going to non-Muslim markets according to an analysis by New Zealand’s Meat Industry Association (MIA).

CRAFT SPIRITS SEE STRONG US CONSUMER BUY-IN AND A CAGR OF 21% TO 2025, SAYS IWSR

06 Dec 2021  Read: 3 min.
Volume sales of craft spirits saw volume growth of almost 8% last year, ahead of the spirits category overall – and momentum is likely to soar higher until at least 2005.

MOSAIC FOODS TO EXPAND AS IT SECURES $6 MILLION FUNDING ROUND

06 Dec 2021  Read: 2 min.
A $6 million seed funding round has been announced by Mosaic Foods, a New York-based company that makes meat alternative frozen food meals.

FOOD STANDARDS UNDER SPOTLIGHT IN AUSTRALIA AMID CALLS FOR REGULATORY CHANGE

03 Dec 2021  Read: 2 min.
Australia is grappling with the question of whether its regulatory body for food standards should be concerned just with ensuring safety or should also deal with public health issues.

EROEGO AIMS TO CUT FOOD BILLS BY 30% WITH “UGLY” FRUIT AND VEGETABLES

03 Dec 2021  Read: 3 min.
EroeGo, the fruit and vegetable delivery service in the United Arab Emirates, is using artificial intelligence to help supply customers with “ugly” produce.

KROGER AND KIPSTER HATCH PLAN FOR FIRST CARBON-NEUTRAL EGGS IN US

02 Dec 2021  Read: 2 min.
American grocery retailer Kroger, Dutch egg producer Kipster Farms, and MPS Eggs, have joined forces to bring the first carbon-neutral, cage-free eggs to retail shelves in the US where Kroger serve over 11 million customers daily.

UPSIDE FOODS OPENS NEW MEAT CULTIVATION PLANT CAPABLE OF GROWING 50,000 POUNDS OF MEAT PER YEAR

02 Dec 2021  Read: 3 min.
California-based food tech company, Upside Foods, has opened the world’s ‘most advanced’ meat cultivation plant, capable of 'growing' 50,000 pounds of meat a year. The company, formerly known as Memphis Meats, opened its Cultivated Meat Engineering, Production, and Innovation Centre (EPIC) in San Fransisco, which it describes as a “game changer” for the entire food…

EU TO OVERTAKE US IN ORGANIC AGRICULTURE SALES THANKS TO AMBITIOUS STRATEGY

01 Dec 2021  Read: 2 min.
EU TO OVERTAKE US IN ORGANIC AGRICULTURE SALES THANKS TO AMBITIOUS STRATEGY

AGMATIX UNVEILS ‘UNIQUE’ DATA TECHNOLOGY PLATFORM

01 Dec 2021  Read: 3 min.
Agmatix has launched a "unique" data technology platform, designed to provide agronomists, researchers and farmers with vital information needed to make better crop management decisions to increase yields and crop quality, while limiting environmental impact.

WIDE OPEN AGRICULTURE SECURES $20M FOR PLANT-BASED PRODUCTION EXPANSION

30 Nov 2021  Read: 3 min.
Regenerative farming specialist Wide Open Agriculture has raised £20 million (AUD) (€12.66m) in funding which it will invest in building the first oat milk manufacturing plant in Western Australia and grow its Dirty Clean food brand in Australia and South East Asia.

WALMART TO NAME NEW CFO NEXT YEAR AS INCUMBENT DEPARTS IN 2023

30 Nov 2021  Read: 2 min.
The world’s biggest retailer, Walmart, is set to lose its chief financial officer Brett Biggs, at the end of January 2023 after seven years in the role.

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