The data come from Acosta, a global integrated sales and marketing provider in the consumer packaged goods (CPG) industry. Research was conducted through the company’s proprietary shopper community between 8-11 March and found that the health factor was the key motivating factor in the shift to plant-based.
MycoTechnology Inc., a leading company in the world of mushroom mycelia, has set its sights on achieving global scale success and expanding aggressively in Europe after securing investment of $85 million (€78.7m).
Brazil exported a total of 419,000 tons of chicken meat in March, 5.7% more than the volume shipped in the same month in 2021, according to the Brazilian Association of Animal Protein (ABPA). However by value, the growth rate was much higher.
In recent years, the Chinese have played a vital role in the high-end liquor market. Their rising GDP and individual purchasing power plus their appetite for luxury spirits brands had fuelled a boom in duty-free sales before the pandemic – and their contribution kept getting bigger and bigger.
Shanghai’s Covid lockdown has resulted in containers of frozen foods being stacked up at Shanghai port – and ships are now said to be avoiding the city because of the congestion.
Right Farm, a digital platform that sources fresh produce from farms, has attracted $2.8 million in seed funding highlighting how hi-tech food and agriculture platforms are drawing in vast investments.
