A promotions scheme led by the Distilled Spirits Council of the United States (Discus) resulted in a significant increase in exports for smaller craft distillers last year despite the persistence of Covid measures in many parts of the world.
In a move they have described as a “milestone toward a circular economy for polystyrene”, two companies have signed an agreement on the use of recycled material.
Supermarket giant Tesco has continued its partnership with the World Wide Fund for Nature (WWF) on a new programme that aims to boost food innovation in the UK.
Swedish independent spirits company, No.1 Wine & Spirits, is investing to expand its capacity as it seeks to open up new markets outside the Nordics to drive international growth.
California-based Voyage Foods has recently closed a Series A investment round, in which the company received an investment of $36 million (€34 million) despite having not actually launched a product to date.
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.
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.
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.
