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Daily Insights and Food Industry News

HAVE SCIENTISTS IN SINGAPORE DEVELOPED A SUSTAINABLE ALTERNATIVE TO PALM OIL?

10 May 2022  Read: 3 min.
Scientists in Singapore have developed what could be a sustainable alternative to palm oil which could be used in food production with “greener and healthier” results.

SQUAREAT EXPANDS INTO CANADIAN MARKET FOLLOWING $700,000 FUNDING TARGET LAST YEAR

10 May 2022  Read: 2 min.
Novel food concept Squareat – now available throughout the United States – is about to make its debut in Canada – as a stepping stone to other international markets.

CAMPARI’S ASIA PACIFIC GROWTH SLIPS BELOW 20% DUE TO COVID, BUT APEROL SHINES

09 May 2022  Read: 3 min.
Italy’s Campari Group has started 2022 with generally strong global growth of 29.4% versus the same period in 2021, but the Asia Pacific and America’s regions stood out for its under-performance, with lifts of just over 18% and 15% respectively.

TIGHTER RULES ON FOOD PACKAGING RECYCLING ANNOUNCED BY SOUTH KOREAN GOVERNMENT

09 May 2022  Read: 2 min.
South Korea is tightening up its food packaging regulations to help improve recyclability and safeguard consumers and the environment.

CELLX AND BLUU SEAFOOD JOIN FORCES TO ACHIEVE WIDE ROLL OUT OF CULTIVATED MEAT PRODUCTS

06 May 2022  Read: 3 min.
CellX, a Chinese company that produces cultivated meat, has joined forces with German firm, Bluu Seafood, as they look to increase consumer acceptance of their products.

FLORIMOND DESPREZ AND EUROPEAN INVESTMENT BANK AGREE €40M LOAN TO DEVELOP CLIMATE-CHANGE-RESISTANT PLANTS

06 May 2022  Read: 2 min.
The European Investment Bank has made a €40 million loan to Florimond Desprez, a French plant breeding company, to support the development of varieties that are resistant to climate change.

CRESCENT FOODS EXPANDS WITH MEIJER IN 258 STORES IN TIME FOR GRILLING SEASON

05 May 2022  Read: 2 min.
American halal hand-cut meat and poultry producer Crescent Foods has tied up a deal with US Midwest-based retailer Meijer to offer a line of chicken products in 258 stores throughout the states of Michigan, Illinois, Indiana, Kentucky, Ohio, and Wisconsin.

THOMAS ASHBOURNE SET TO BE A HIT AS IT LAUNCHES INTO MARKET WITH RANGE OF CELEBRITY RTD COCKTAILS

05 May 2022  Read: 3 min.
Thomas Ashbourne Craft Spirits is poised for success with the launch of its premium ready-to-drink cocktail brand in the United States.

THE 19TH EDITION OF SIAL CANADA BRANDED A SUCCESS BY SHOW ORGANISERS

04 May 2022  Read: 3 min.
The 19th edition of the International Food Show, SIAL Canada, took place from April 20 to 22 at the Palais des Congrès de Montréal.

WIDESPREAD DISCUSSIONS OVER CUTS IN BIOFUEL PRODUCTION SO THAT MORE CEREAL CAN BE USED AS FOOD

04 May 2022  Read: 2 min.
As the Ukraine conflict puts pressure on supplies of grain, officials in Germany may restrict biofuel production so that more cereal and other crops can be used as food, reports indicate.

PERNOD RICARD SAYS THE DRINKS MARKET IS SOFTENING AFTER A STRONG 18% RISE

03 May 2022  Read: 2 min.
France-based global wine and spirits maker Pernod Ricard saw very strong sales in the first nine months of its fiscal year 2022, but has warned that the global environment remains volatile and could impact its final quarter, ending June 2022.

FAIRTRADE INTERNATIONAL NAMES SANDRA UWERA AS NEW GLOBAL CEO

03 May 2022  Read: 2 min.
Fairtrade International, the world's most recognised label for social justice and sustainability, has announced the appointment of its new Global CEO, Sandra Uwera. She is stepping into the role following the departure of Dr. Nyagoy Nyong'o, who served as Interim Global CEO until 31 March 2022. According to a statement released by the organisation, Uwera…

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