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Daily Insights and Food Industry News

GLOBAL FOOD INDUSTRIES SPENDS MILLIONS ON SHARJAH PLANT

02 Apr 2021  Read: < 1 min.
Global Food Industries is investing $8.2 million in a cooked food plant at its production facilities in Sharjah in the United Arab Emirates, as it looks to expand its ready-to-heat product range and market share.

EU AIMS FOR 25% ORGANIC PRODUCTION

01 Apr 2021  Read: 3 min.
Organic farming should account for a quarter of agricultural land in the EU by 2030, the European Commission has said after announcing an action plan to accelerate the development of the sector.

PepsiCo launches $40m scholarship programme for Black and Hispanic students

01 Apr 2021  Read: 2 min.
PepsiCo and its philanthropic arm, The PepsiCo Foundation, has put in place a new $40 million scholarship and mentoring programme to support 4,000 Black and Hispanic community college graduates in the US, over the next five years.

NEW CONSUMER HABITS AND ATTITUDES IDENTIFIED IN ASIA-PACIFIC

31 Mar 2021  Read: 2 min.
COVID-19, social distancing measures, and economic shutdowns have resulted in new consumer habits and attitudes towards food and drink in the Asia-Pacific region, according to new research.

SEAFOOD GIANT MOWI DIRECTS GREEN BOND PROCEEDS TO NEWEST FEED MILL

31 Mar 2021  Read: < 1 min.
Norwegian seafood producer, Mowi, has announced that the majority of proceeds from the issue of its first green bond have been allocated to the company’s newest feed mill in Scotland.

MONDELĒZ INTERNATIONAL ACQUIRES GOURMET FOOD HOLDINGS

30 Mar 2021  Read: < 1 min.
Mondelēz International has acquired Gourmet Food Holdings Pty Ltd, a leading Australian food company with a strong position in the premium biscuit and cracker category, for an undisclosed sum.

US meat purchasing soared by 20% during the pandemic

30 Mar 2021  Read: < 1 min.
Americans are buying more beef, pork, poultry and lamb than ever, with meat grocery sales soaring by 20% last year versus 2019, according to IRI.

Canada’s Partake rides US no-alcohol wave with 30% sales surge

29 Mar 2021  Read: 3 min.
Calgary-based leader in the no-alcohol beer space, Partake Brewing, is expanding across the border thanks to strong demand, as it seeks to extend its US footprint.

PLANT-BASED BRAND OZO LAUNCHES NEW FROZEN RANGE

29 Mar 2021  Read: < 1 min.
Planterra Foods has launched a line of meat-free frozen food products under its OZO brand, less than a year after the range debuted with several refrigerated offerings.

US ONLINE GROCERY SALES SOAR BUT CUSTOMER SATISFACTION PLUNGES

17 Mar 2021  Read: 2 min.
Online grocery retailers in the United States are seeing customer satisfaction plunge even as the total value of orders increases, according to results for January released by the digital consultancy Brick Meets Click.In the wake of the findings, experts warned retailers they would have to improve customer experience if customers were to remain loyal.Latest figures…

FRESH BEEF AND PORK CARRY CHRISTMAS MOMENTUM INTO JANUARY

16 Mar 2021  Read: < 1 min.
Fresh beef and fresh pork continued a strong run of volume growth in the four weeks to January 24, 2021 – registering volume increases of 23.2% and 25.8% respectively – according to new data from Kanter. This resulted in widespread growth in fresh meat and poultry, up 19% overall in January – even in the…

USDA RELEASES ITS EU POULTRY REPORT AMID BIRD FLU OUTBREAKS

15 Mar 2021  Read: 2 min.
The United States Department of Agriculture has reported that chicken meat production in the EU-27+UK is forecast to increase by 1.4% in 2021. This increase follows a 1.5% decline in 2020, a direct impact of the COVID-19 pandemic with total or partial lockdowns in most EU-27+UK countries including hotels, restaurants, and institution (HRI) closures.  Polish production declined…

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