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Daily Insights and Food Industry News
ORGANIC & WELLNESS

ALGAE PROTEIN MARKET SET TO GROW TO $1.05BN BY 2028, SAYS NEW REPORT

06 Apr 2022  Read: 2 min.
The algae protein market is projected to reach a valuation of above $1.05 billion (€950m) by 2028, growing at a CAGR of 6% from 2022 to 2028, according to a recent report by Global Market Insights (GMI).
EUROPE SEA FOOD

SEAFISH DROPS “LOVE SEAFOOD” CAMPAIGN LAUNCHED IN 2020 TO FOCUS ON KEY INDUSTRY CONCERNS

06 Apr 2022  Read: 2 min.
Seafish, the official organisation that supports the UK’s seafood sector, has ended its 'Love Seafood' campaign to encourage people to eat more fish after a survey found the group’s efforts were “spread too thin”.
MEAT NEWS OCEANIA

BOOST FOR AUSTRALIAN SHEEP EXPORTS TO INDIA AS TARIFFS CUT BY 30%

05 Apr 2022  Read: 2 min.
On Monday the signing of the Australia-India Economic Cooperation and Trade Agreement (AI-ECTA) ushered in a new era of lower friction exportation of Australian sheep meat.
ASIA

SUSTAINABLE PROTEIN INNOVATIONS ARE A KEY ELEMENT OF CHINA’S 5-YEAR AGRICULTURE PLAN

05 Apr 2022  Read: 3 min.
Chinese government planning has cited innovation in the food sector, in particular sustainable protein, as a key part of its agricultural strategy.
AMERICAS BEVERAGES EUROPE NEWS

THE NO-ALCOHOL AND LOW-ALCOHOL MARKET IS SEEING A 15% GROWTH BOOM. WHY?

04 Apr 2022  Read: 3 min.
The no-alcohol and low-alcohol sector is seeing more market entrants and is also moving into channels such as airport retail, as we have reported – a sure sign that the sector is making a permanent mark in the global drinks market.
AMERICAS EUROPE FROZEN PRODUCTS

FOOD SECURITY CONCERNS COULD KEEP FROZEN SALES BUOYANT

04 Apr 2022  Read: 2 min.
Frozen food sales are likely to remain buoyant thanks to concerns over food security, analysts have said at a time when global turmoil has pushed up food prices.
BEVERAGES EUROPE NEWS

FROM FINANCE TO ARMAGNAC: A MAJOR CAREER CHANGE TO PRESERVE TRADITIONS DATING FROM 1880

01 Apr 2022  Read: 3 min.
For Henry Florent Soulhol, buying an historic Armagnac house represented a complete change of scene from his previous life in the world of international finance.
ASIA EUROPE TRADE TALK

ONLINE FOOD DELIVERY TO GROW AT 15% A YEAR GLOBALLY – AND ALMOST DOUBLE THAT IN SOME COUNTRIES

01 Apr 2022  Read: 2 min.
The fast-growing online food delivery market is set to continue to expand at a stratospheric pace for the rest of the decade, according to a new report.
ASIA BEVERAGES EUROPE NEWS

WINDSOR WHISKY BUSINESS OFFLOADED BY DIAGEO TO PRIVATE EQUITY FOR £124 MILLION

31 Mar 2022  Read: 2 min.
Global beverage alcohol giant, Diageo, has agreed the sale of its Windsor whisky business to a private equity consortium for 200 billion Korean Won (approximately £124 million).
MEAT

PRICE PARITY KEY TO BOOM IN PLANT-BASED MEAT ALTERNATIVE MARKET

31 Mar 2022  Read: 3 min.
Plant-based meat price parity has become a target for big players in the industry. A new study from Global management consultant firm, Kearney, has shone a spotlight on the potential of the plant-based meat industry. The report claims that the success of the plant-based meat industry is based on three principles: taste, mentality and price.…
ASIA NEWS TRADE TALK

‘GREENER AND HEALTHIER’ PALM OIL ALTERNATIVE IDENTIFIED BY SCIENTISTS IN SINGAPORE

30 Mar 2022  Read: 2 min.
A team of scientists at Nanyang Technological University (NTU) in Singapore have developed a way to extract plant-based oils from a type of common microalgae which could serve as a healthier and greener alternative to palm oil.
ORGANIC & WELLNESS

ORGANIC BABY FOOD MARKET WILL GROW TWICE AS FAST AS OVERALL MARKET TO REACH €11 BILLION BY 2028

30 Mar 2022  Read: 2 min.
The organic baby food market is set to grow almost twice as fast as the baby food market as a whole, according to two recently published research reports.

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