Food Industry News : Inspire food Business

SWIGGY TO FOCUS ON GROCERIES AS PROFITS HARD TO FIND IN RESTAURANT DELIVERIES

20 Aug 2021 Read: 3 min.

Swiggy, an Indian food delivery company, has said it will shift its focus to grocery deliveries and reduce the proportion of its business accounted for by restaurant meals.

MIDDLE EAST AFRICA

AMBITIOUS AGTHIA GROUP ON ACQUISITIONS HUNT TO SUSTAIN GROWTH AFTER PROFITS JUMP 61%

20 Aug 2021 Read: 2 min.

Agthia Group, the UAE-based food and beverage company, has said it is looking to expand by making acquisitions in major markets in the Middle East and North Africa region.

NEWS

P2P PLATFORM WEFARM TO HELP FARMERS NAVIGATE EFFECTS OF CLIMATE CHANGE

19 Aug 2021 Read: 3 min.

Small-scale farmers traditionally rely on knowledge, which has been passed down from one generation to the next to overcome hurdles such as drought or diseases.

AMERICAS FRUITS & VEGETABLES NEWS

COX BUYS BRIGHTFARMS AFTER LEADING 2020 FUNDING ROUND

19 Aug 2021 Read: 2 min.

company and packaged salads provider. Cox has held a majority stake in BrightFarms since October 2020 when it led a $100 million Series E funding round.

TRADE TALK

CONSUMERS HOLD COMPANIES MOST RESPONSIBLE FOR SUSTAINABILITY ISSUES

18 Aug 2021 Read: 3 min.

Consumers around the world believe companies are the most responsible for a whole host of sustainability issues, but also acknowledge that consumer behaviour can make a difference, according to the latest research from the recently released Mintel Sustainability Barometer.

EUROPE SEA FOOD TOPICS

NO MAJOR ENVIRONMENTAL IMPACT EXPECTED FROM GRIEG SEAFOOD CHLORINE LEAK

18 Aug 2021 Read: < 1 min.

A chemical leak at a Grieg Seafood plant in Norway is not thought likely to cause any long-term harm to the environment.

AMERICAS MEAT NEWS

US CATTLE INDUSTRY COMMITS TO CLIMATE NEUTRALITY BY 2040

17 Aug 2021 Read: < 1 min.

The National Cattlemen’s Beef Association (NCBA) has released sustainability goals which state that US production will be climate neutral by 2040. By setting new goals, the NCBA says it will further enhance the US system and demonstrate global leadership in environmental, economic and social production. The goals outlined for the American cattle industry include the…

TRADE TALK

SPAR INTERNATIONAL ROLLS OUT NEW INTEGRATED GROCERY E-COMMERCE PLATFORM

17 Aug 2021 Read: 3 min.

Spar International, as part of its worldwide digital transformation strategy, is to offer a fully customisable e-commerce platform to Spar country organisations and retailers.

AMERICAS BEVERAGES NEWS

COCKTAILS BOOSTED BY LEGISLATIVE LIFT IN 30 STATES AS RTD MARKET SURGES

16 Aug 2021 Read: 3 min.

Thirty American states have now taken legislative action to allow the sale of cocktails to-go, either on a permanent or temporary basis, at a time when the ready-to-drink (RTD) cocktails market continues to strengthen. In the wake of the pandemic, 16 states and District of Columbia have made cocktails to-go a permanent feature, and another…

FROZEN PRODUCTS TOPICS

FRIZATA ATTRACTS $5M FROM INVESTORS AS IT CONTINUES RAPID GROWTH

16 Aug 2021 Read: 2 min.

Frizata – an Argentinian direct-to-consumer food company that is focusing on frozen meatless products – recently closed a $5 million (€4.24 million) funding round.

GROCERY MIDDLE EAST AFRICA

REBEL FOODS EXPANDING WITH FOCUS ON MIDDLE EAST AND NORTH AFRICA

13 Aug 2021 Read: 3 min.

Rebel Foods, the Indian-based dark kitchen operator, has announced it is to embark on a major expansion drive in the Middle East.

GROCERY OCEANIA TOPICS

UNIVERSAL ROBINA CORPORATION OFFLOADS UNISNACK ANZ TO FOCUS ON GROWTH MARKETS

13 Aug 2021 Read: 2 min.

Universal Robina Corporation, the Philippine conglomerate, has announced that it is selling its remaining food industry interests in Australia and New Zealand.

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