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Daily Insights and Food Industry News

ICE CREAM BRAND DRAYNES FARM SELLS IN REPUBLIC OF IRELAND FOR FIRST TIME

17 Aug 2022  Read: < 1 min.
Draynes Farm, a Northern Ireland-based ice cream company, will sell in the Republic of Ireland for the first time.

HAS THE PANDEMIC CHANGED ALCOHOL CONSUMPTION TRENDS FOR GOOD?

17 Aug 2022  Read: 2 min.
Drinking alcohol at home, which grew significantly in popularity during the pandemic, has kept its appeal according to new research from IRI revealing new areas of opportunity for food retailers.

CLEAN FOOD GROUP DEVELOPS LAB-GROWN PALM OIL ALTERNATIVE WHICH COULD HELP SAVE THE PLANET

16 Aug 2022  Read: 3 min.
The UK-based food-tech business Clean Food Group, has developed a 'lab grown' cellular-based alternative to palm oil which it claims could help reduce the environmental impact of a range of palm-based ingredients that can be found in nearly 50% of all packaged products found on supermarket shelves.

LOTUS BAKERIES REVEALS PLAN TO OPEN THIRD PLANT IN ASIA BY 2026

16 Aug 2022  Read: 2 min.
Belgium-based biscuit maker Lotus Bakeries plans to build a production facility in Thailand’s Chonburi province as the company seeks to expand in the Asia-Pacific region, described by the company as “increasingly important”.

EASTERN EUROPE SPIRITS MARKET TO GROW AT 4% ANNUALLY TO 2026

15 Aug 2022  Read: 4 min.
The Eastern Europe spirits market was valued at $63.5 billion in 2021 across 20 countries and is projected to grow at a CAGR of more than 4% through to 2026 according to analysis from GlobalData.

KALSEC PARTNERS WITH INFINOME TO CREATE PRECISION FERMENTATION PRODUCTS

15 Aug 2022  Read: 2 min.
Spice producer Kalsec and biomanufacturer Infinome have combined their expertise in to sustainably develop and commercialise presicion fermentation products

BAKER AND BAKER LANDS NEW DISTRIBUTION DEAL AS IT LOOKS TO MAKE INROADS IN UAE FOODSERVICE SECTOR

12 Aug 2022  Read: 2 min.
Baker and Baker a major European supplier of bakery foods, has signed a distribution deal that covers the United Arab Emirates.

DELIVEROO STRIKES DEAL WITH ASDA AS TURNOVER INCREASES 12%

12 Aug 2022  Read: 3 min.
Asda, the British supermarket chain, is one of the latest to expand its offering, with the company recently announcing a partnership with Deliveroo.

SWEDISH FOODTECH START-UP CREATES WORLD’S FIRST FOOD FROM THIN AIR

11 Aug 2022  Read: 3 min.
Swedish foodtech start-up Green-On has developed a way to create food from thin air - an edible fat - from carbon dioxide, water and electricity, in a bid to create a sustainable alternative to tropically-grown vegetable fats and oils such as palm, coconut, shea and cocoa.

HORMEL FOODS TO TRANSITION TO NEW THREE OPERATING SEGMENTS FROM FISCAL 2023 TO DRIVE AGILITY

11 Aug 2022  Read: 2 min.
Minnesota-based Hormel Foods Corporation is revamping its strategic operating model in order to be “more agile, consumer and customer focused, and market driven”.

WHAT DOES THE INCREASE IN SWEETENERS AND SUGAR MEAN FOR GLOBAL FOOD REGULATIONS?

10 Aug 2022  Read: 3 min.
New research has highlighted the growth in companies using artificial sweeteners in food and drink products but, at the same time, the data has raised concerns that this is not necessarily replacing sugar.

PLANT-BASED BACON WITH 50% LESS FAT HITS SHELVES COURTESY OF WORLD’S BIGGEST BEEF COMPANY JBS

10 Aug 2022  Read: 3 min.
The official retail launch of TrueBite™ Plant-Based Bacon was announced by the meat giant’s US branch Planterra Foods through its Colorado based brand OZO.

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