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Daily Insights and Food Industry News

FOOD SALES STRONG BUT NOT YET STABLE, LATEST REPORTS INDICATE

16 Apr 2021  Read: < 1 min.
The coronavirus pandemic continues to cause greater spending on “home centric” categories of spending, including food, according to an update from the UK accountancy firm KPMG and the British Retail Consortium.

GROW-NY’S $3 MILLION START-UP COMPETITION OPEN FOR APPLICATIONS

15 Apr 2021  Read: < 1 min.
New York State and Cornell University are inviting submissions for their third global food and agriculture start-up competition. The top prize is a million dollars out of this year's $3 million total.

TOTAL PLASTIC WASTE SET TO GROW DESPITE NEW PACKAGING INITIATIVES

15 Apr 2021  Read: 3 min.
Amid pressure to reduce plastic waste from grocery shopping, supermarket groups from around the world have launched initiatives to limit plastic packaging – but industry forecasts suggest demand for some fresh food packaging will grow.

IRISH SEAFOOD SECTOR REMAINED RESILIENT IN 2020

14 Apr 2021  Read: 2 min.
Ireland’s seafood sector remained resilient throughout 2020, despite the ongoing difficulties caused by the coronavirus pandemic, a new economic assessment has found.  The Bord Iascaigh Mhara (BIM) report found the sector adapted to the disruption triggered by the COVID-19 outbreak and associated measures to help slow its spread, with employment remaining stable and new markets explored. …

PESTICIDE LEVELS IN MOST EU FOODS IS WITHIN LIMITS, REPORT FINDS

14 Apr 2021  Read: 2 min.
The overwhelming majority of food samples tested in the European Union were within permitted limits for pesticide residues, a new report from the European Food Safety Authority (EFSA) has revealed.

FLAVOURED GINS IN THE SPOTLIGHT AT TWO UK AIRPORTS

13 Apr 2021  Read: < 1 min.
Family-owned Ian Macleod Distillers has installed eye-catching permanent displays at World Duty Free stores at Edinburgh and Stansted airports to showcase its innovations in flavoured gins. The colourful graphics of the Wonder Wall fixture have been designed to highlight Edinburgh Gin’s point-of-difference as a pioneer of the flavoured gins category. Edinburgh Gin was the first…

UK PREMIUM MEAT SALES SOAR AS CELEBRATIONS PROVIDE WELCOME LOCKDOWN DISTRACTION

13 Apr 2021  Read: 2 min.
Fresh beef steak sales rose by an impressive 30.7% in the four weeks to February 21, 2021 as consumers celebrated Valentine’s Day in the UK.

Will Covid create good growth conditions for organic businesses?

12 Apr 2021  Read: 3 min.
Evidence is mounting that some local independent retailers are turning out to be the winners during the pandemic. With lockdowns forcing many people around the world to stay home, or close to home, local retail has seen a revival that could be a springboard to the future. With independent organic and wellness start-ups often opting…

HILTON FOOD GROUP ACHIEVES 50% REVENUE JUMP

12 Apr 2021  Read: < 1 min.
The Hilton Food Group has announced it achieved a significant increase in turnover last year, boosted by strong growth in Australia.

NESTLÉ STARTS WIDE ROLL-OUT OF NEW 70% DARK CHOCOLATE

09 Apr 2021  Read: 2 min.
Nestlé has announced the wider roll-out of Incoa, its new 70% dark chocolate bar made exclusively from the cocoa fruit.

BLUU BIOSCIENCES ATTRACTS MILLIONS IN SEED FUNDING

09 Apr 2021  Read: < 1 min.
Cultivated seafood producer Bluu Biosciences has closed its seed funding round at €7 million, less than 10 months after it was founded.

SALES AT AGRIBUSINESS COOPERATIVE CHS INC HIT BY COVID-19 PANDEMIC

08 Apr 2021  Read: < 1 min.
Diversified US agriculture-to-energy group CHS Inc has reported a $38 million loss in the quarter ended February 2021 despite strong gains in its agribusiness segment.

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