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Daily Insights and Food Industry News

KUNE SET TO SHAKE UP KENYA’S FOOD DELIVERY MARKET WITH $1 MILLION FUNDING

25 Jun 2021  Read: < 1 min.
The food delivery market in Kenya is set for a shake up after the soon-to-be-launched service Kune raised $1 million in pre-seed funding.

TESCO TO LAUNCH CHECKOUT-FREE STORE IN AMAZON’S WAKE

25 Jun 2021  Read: 3 min.
Tesco to launch checkout-free store to rival Amazon

ONCE UPON A FARM ENTERS FROZEN BABY FOOD MARKET WITH RAISED REAL BUY

24 Jun 2021  Read: 2 min.
Children’s organic snacks producer Once Upon a Farm has entered the frozen baby food market with the acquisition of Raised Real, an organic baby food delivery company.

SIAL ORGANISER ANNOUNCES PARTNERSHIP TO LAUNCH SIAL AMERICA

23 Jun 2021  Read: 2 min.
Comexposium, the organiser of the successful SIAL brand, has announced a partnership with Emerald Holding, Inc. to launch the first SIAL America next year.

CARREFOUR BRAZIL LAUNCHES APP TOOL TO PROMOTE AFFORDABLE HEALTHY EATING

23 Jun 2021  Read: 2 min.
Carrefour Brazil has announced the launch of the Nutri Choice tool, a feature of the My Carrefour app, which helps consumers to choose products that are not only more nutritionally balanced, but cheaper at the same time.

TURKEY’S FISH INDUSTRY BATTLES AGAINST ‘SEA SNOT’ OUTBREAK

23 Jun 2021  Read: < 1 min.
Turkish authorities are battling against an outbreak of 'sea snot' that is damaging marine life and affecting the country's fishing industry

PILGRIM’S TO ACQUIRE KERRY GROUP’S MEATS AND MEALS BUSINESSES FOR £680M

22 Jun 2021  Read: < 1 min.
Listed global foods company Pilgrim’s Pride Corporation has sealed a deal to buy the meats and meals business of Kerry Consumer Foods in the UK and Ireland for £680 million.

GROCERY RETAIL TO LEAD RESTAURANTS IN US FOOD MARKET SHARE POST-PANDEMIC

22 Jun 2021  Read: 3 min.
Grocery retailers will hold an edge in food spending market share over the foodservice sector as the United States heads into the post-pandemic period, according to FMI-The Food Industry Association’s annual US Grocery Shopper Trends study.

RELIEF FOR ALCOHOL PRODUCERS AS PUNITIVE TARIFFS BETWEEN US AND EU/UK ARE SUSPENDED FOR 5 YEARS

21 Jun 2021  Read: 3 min.
The US has agreed separate deals with the European Union and the UK to suspend retaliatory tariffs affecting alcohol exports (among others) which relate to a long-standing trade dispute over civil aircraft support and subsidies. According to the EU, the five-year suspension adds up to roughly $11.5 billion on both sides of the Atlantic, indicating…

KAWAN FOOD SHOULD RIDE OUT COVID-INDUCED CLOSURE

21 Jun 2021  Read: < 1 min.
Demand for frozen food is likely to remain strong in Malaysia, with coronavirus restrictions leading consumers to fill their freezers, according to analysts.

FARMERS WORRIED ABOUT UK-AUSTRALIA TRADE DEAL

18 Jun 2021  Read: < 1 min.
The recent announcement of a trade deal between Australia and the UK has raised concerns over the lack of a level playing field when it comes to environmental and animal welfare standards.

HEAVY INVESTMENTS IN SAUDI FOOD SECTOR AS TECH FIRMS MAKE WAVES

18 Jun 2021  Read: 3 min.
The Saudi Arabian food sector is seeing heavy investments as the country looks to improve its food security and the market undergoes technology-driven changes.

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