Food Industry News : Inspire food Business

HEINEKEN’S €4 BILLION POWER PLAY IN AFRICA

29 Nov 2021 Read: 4 min.

Dutch brewing giant Heineken has pushed through with its plans to acquire South Africa’s Distell and Namibia Breweries Limited (NBL) to create a powerful regional drinks entity for Southern Africa valued at about €4 billion.

AMERICAS FROZEN PRODUCTS

MEEL CORP INVESTS $5.7 MILLION RELOCATING FROZEN FOOD PLANT

29 Nov 2021 Read: 2 min.

Meel Corp, the US frozen fruit and vegetable company, has invested millions of dollars moving its frozen food production facility to North Carolina.

AMERICAS EUROPE TRADE TALK

AMAZON EMBARKS ON STORE-OPENING FRENZY WITH 260 OUTLETS PLANNED

26 Nov 2021 Read: 2 min.

Amazon is embarking on a rapid round of expansion as it looks to open supermarkets and small food stores in North America, the United Kingdom and continental Europe.

ASIA

FOOD-TECH IN ASIA SEES GROWTH AS SINGAPORE’S TEMASEK PUMPS IN $30 MILLION

26 Nov 2021 Read: 3 min.

Huge sums are being pumped into food technology, a senior official at Temasek has said after the launch of an investment vehicle was announced in Singapore.

AMERICAS MEAT NEWS ORGANIC & WELLNESS

IMPOSSIBLE FOODS BOOSTED BY $500 MILLION FUNDING ROUND

25 Nov 2021 Read: 2 min.

Record growth has helped privately held plant-based food tech startup Impossible Foods to secure approximately $500 million in its latest funding round

AMERICAS FOOD PROCESSING FRUITS & VEGETABLES NEWS TOPICS

HEINZ MAKES NEW KETCHUP FROM ‘MARS’-GROWN TOMATOES

25 Nov 2021 Read: 3 min.

Kraft Heinz, North America's 3rd biggest food company, in collaboration with the Aldrin Space Institute, has unveiled its Heinz Tomato Ketchup Marz Edition, which is made from tomatoes grown in conditions similar to those found on Mars.

EUROPE GROCERY

ARYZTA ENJOYS 10% SALES GROWTH THANKS TO REOPENINGS

24 Nov 2021 Read: 2 min.

Aryzta, the Swiss-based bakery business, enjoyed a significant increase in revenues in the three months to the end of October 2021, thanks in large part to the reopening of food service outlets.

DAIRY PRODUCTS NEWS TOPICS

STARBUCKS UK TEAMS UP WITH ARLA TO REDUCE EMISSIONS

24 Nov 2021 Read: 3 min.

Starbucks has announced that it is teaming up with farmer-owned dairy cooperative Arla for a three-year pilot scheme in the UK, in a bid to reduce its carbon footprint and "create an industry-leading sustainable sourcing blueprint", which will go on to support its dairy suppliers across Starbucks Europe, Middle East, and Africa (EMEA). With dairy…

NEWS

WALMART LIFTS EXPECTATIONS AFTER STRONG Q3 PERFORMANCE

23 Nov 2021 Read: 3 min.

Walmart has raised its outlook for sales and profit growth for the full year, after a strong performance in the third quarter.

ASIA BEVERAGES DAIRY PRODUCTS EUROPE NEWS ORGANIC & WELLNESS

OATLY OPENS FIRST FACTORY IN CHINA WITH 150 MILLION LITRE CAPACITY

23 Nov 2021 Read: 2 min.

Sweden-based oat drinks company Oatly Group has opened its first production facility in Ma’anshan, China, on the heels of its first factory in Singapore in July.

EUROPE GROCERY NEWS ORGANIC & WELLNESS

WIDER SINGLE-USE PLASTICS BAN IS FLOATED IN UK TO CUT DOWN ON 5 BILLION ITEMS

22 Nov 2021 Read: 3 min.

Single-use plastic plates, cutlery, expanded and extruded polystyrene cups, and food and beverage containers could all be phased out in England as the UK government takes tough new steps to eliminate avoidable plastic waste

BEVERAGES

FERTILISER COSTS COULD CAUSE FOOD PRICE PRESSURE TO CONTINUE

22 Nov 2021 Read: 2 min.

Food prices may continue to be under pressure as a result of shortages of fertiliser affecting the agricultural sector.

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