Food Industry News : Inspire food Business

Treasury Wine Estates’ sales drop by 2.2% as Americas and Premium Brands suffer

28 Aug 2023 Read: 3 min.

Australian wine producer Treasury Wine Estates, owner of the high-end Penfolds brand, saw full-year group sales for fiscal 2023 (ending June) fall by 2.2% to A$2.4 billion ($3 billion) as the company’s Treasury Americas and Treasury Premium Brands took big hits, down 11.7% and 5.7% to A$820.9 million and A$782.4 million respectively.

ASIA SIAL NEWS

SIAL Innovations Spotlight: Pioneering Culinary Excellence at SIAL Shenzhen 2023

25 Aug 2023 Read: 4 min.

Unveiling the Future of Food: Top 10 Finalists Announced for SIAL Innovation Awards From superfood-enriched coffees to probiotic ginger drinks, the finalists showcase the evolving tastes and trends of the global culinary landscape. As the anticipation for SIAL Shenzhen 2023 reaches its peak, the jury has just unveiled the top 10 finalists for the coveted…

NEWS OCEANIA

Australia unveils initiative to make food system more resilient

25 Aug 2023 Read: 3 min.

Australia’s national science agency has unveiled an ambitious plan to reshape the country’s food system in the face of challenges such as climate change The Commonwealth Scientific and Industrial Research Organisation (CSIRO) said that other challenges including supply chain disruptions, growing populations and consumer trends are also putting pressure on the sector. In the face…

AMERICAS NEWS

Escoffier School partners with the American Farm Bureau’s nearly 6m member families

24 Aug 2023 Read: 3 min.

Auguste Escoffier School of Culinary Arts (Escoffier), claimed to be the largest culinary school brand in the United States, has tied up with the American Farm Bureau Federation (AFBF) to support the connection between farmers, ranchers and the culinary industry with education-focused programmes, interactive events, and training sessions.

AMERICAS FOOD PROCESSING NEWS

Stuffed Puffs® launches bite-sized marshmallow treats

24 Aug 2023 Read: < 1 min.

Today marks a significant moment in the snacking world as Stuffed Puffs®, known for their innovative chocolate-filled marshmallows, introduces Stuffed Puffs Filled Marshmallow Bites. These bite-sized morsels maintain the brand's commitment to reimagining what a marshmallow can be. Available in four flavours – S’mores, Birthday Cake, Cinnamon Toast Crunch™, and Cookies `n Crème – each…

NEWS

The rise of the Beluga caviar market: a glimpse into the future

23 Aug 2023 Read: 2 min.

The global demand for Beluga caviar Beluga caviar, the epitome of opulence in the culinary world, is derived exclusively from the sturgeon fish, presenting itself in hues of olive green, orange, grey, and black. As a testament to its luxury and exclusivity, the global market for beluga caviar witnessed an impressive valuation of €99,68m in…

AMERICAS DAIRY PRODUCTS NEWS

Caribou Coffee unveils pumpkin flavours

23 Aug 2023 Read: < 1 min.

Caribou Coffee, a global premium coffeehouse and member of the Panera Brands family, announces the revival of one of the most cherished flavors of autumn: pumpkin From 24th August, patrons will be treated to an array of 15 artisan-crafted beverages, showcasing everything from the innovative Pumpkin Espresso Shaker to the Pumpkin White Mocha. Each sip…

AMERICAS NEWS

Little Bites pumpkin muffins return

22 Aug 2023 Read: < 1 min.

Little Bites snacks' much-anticipated pumpkin muffins are back, promising a blend of authentic pumpkin and cinnamon flavours in every bite. Available for a limited period until October 2023, these treats aim to evoke the essence of autumn. Bite-sized goodness in every pack Little Bites Pumpkin Muffins are not only delicious; they are also convenient and…

FROZEN PRODUCTS NEWS

Rita’s Italian Ice introduces refreshing frozen lemonades

22 Aug 2023 Read: 2 min.

Rita's Italian Ice & Frozen Custard, a brand adored for its Italian ices and frozen custard, has unveiled a new line of frozen lemonades to beat the summer heat. Launching on August 7, these icy refreshments come in four flavours: Classic Lemon, Strawberry, Peach, and Iced Tea. A special treat awaits Rita’s loyalty app members,…

MIDDLE EAST AFRICA NEWS

Ethiopia boosted by African Development Bank $84m grant for wheat production

21 Aug 2023 Read: 3 min.

The African Development Bank (AfDB) has awarded grant funding totalling $84.3 million to Ethiopia to enhance wheat production and increase incomes for farmers.

DAIRY PRODUCTS

Ripple Foods introduces Ripple Kids Unsweetened Original Milk

21 Aug 2023 Read: 2 min.

Ripple Foods is diversifying its product range, introducing Ripple Kids Unsweetened Original Milk This novel addition to the brand's product lineup is a sugarless variant of its breakthrough product, Ripple Kids Original Milk, launched in 2021. The original version was met with robust acceptance, making it one of the fastest-growing entrants in the refrigerated plant-based…

BEVERAGES FOOD PROCESSING TOPICS

Digitalisation revolutionises the food and beverage industry

21 Aug 2023 Read: 2 min.

The digitalisation of the food and beverage industry has gained significant momentum in recent years. The adoption of automation tools, such as the Industrial Internet of Things (IIoT), Artificial Intelligence (AI), Manufacturing Execution Systems (MES), and Enterprise Resource Planning (ERP), have revolutionised F&B production, enhancing efficiency and quality. Real-time data processing and predictive analytics have…

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