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Daily Insights and Food Industry News

FOOD LABEL CHANGES IN SOUTH AFRICA NEED CAREFUL THOUGHT, RESEARCH INDICATES

10 Dec 2021  Read: 2 min.
A researcher has indicated that changes to food labelling in South Africa need to be made carefully to ensure that consumers understand and respond appropriately to the information they are presented with.

JOKR RAISES $260M IN ONLINE GROCERY SHOPPING’S LATEST BIG CASH INJECTION

10 Dec 2021  Read: 3 min.
In a further indication of the enthusiasm of investors for online grocery sales, Jokr, a delivery start-up, has raised $260 million (€229.17 million) in its latest funding round.

SIAL INDIA EXHIBITION TO INSPIRE 10,000 VISITORS

09 Dec 2021  Read: 2 min.
SIAL India will welcome more than 10,000 visitors at the India Food Innovation Exhibition today.

NEW FMI DATA REVEALS GLOBAL SALES OF ORGANIC SPREADS TO TOP $27.1BN IN 2021

09 Dec 2021  Read: 3 min.
A recent analysis by Future Market Insights (FMI), has found that the global organic spreads market size is expected to top $ 27.1 billion (€24.01bn) in 2021, driven by a growing preference for natural and organic spreads.

ICL OPENS 10,000 SQUARE FOOT ALTERNATIVE PROTEIN PLANT IN MISSOURI

09 Dec 2021  Read: < 1 min.
Speciality minerals company, ICL, has opened its latest production facility in St Louis, Missouri making a plant-based meat substitute for use by food companies, foodservice distributors, restaurants and grocery chains.

NEW RULES SHOULD REDUCE BYCATCH BY NATIONS SELLING SEAFOOD TO UNITED STATES

08 Dec 2021  Read: 2 min.
Countries wishing to export seafood to the US must have adopted regulations to reduce the "bycatch" of seals, dolphins and whales.

SOPHIE’S BIONUTRIENTS AIMS TO REPLACE SOY AS PROTEIN ALTERNATIVE WITHIN 5 YEARS

08 Dec 2021  Read: 3 min.
Singapore-based startup Sophie's Bionutrients, which describes itself as “a next-generation sustainable urban food production technology company”, has developed new technology which it believes will shape the future of the food industry, accelerating the commercial viability of microalgae-based foods and replacing Soy as a commercially viable protein source. 

HALAL MEAT EXPORTS FROM NEW ZEALAND JUMP BY 13%

07 Dec 2021  Read: 2 min.
Halal-certified red meat exports rose by 13% per cent during the 2020-2021 season, with most of it going to non-Muslim markets according to an analysis by New Zealand’s Meat Industry Association (MIA).

CRAFT SPIRITS SEE STRONG US CONSUMER BUY-IN AND A CAGR OF 21% TO 2025, SAYS IWSR

06 Dec 2021  Read: 3 min.
Volume sales of craft spirits saw volume growth of almost 8% last year, ahead of the spirits category overall – and momentum is likely to soar higher until at least 2005.

MOSAIC FOODS TO EXPAND AS IT SECURES $6 MILLION FUNDING ROUND

06 Dec 2021  Read: 2 min.
A $6 million seed funding round has been announced by Mosaic Foods, a New York-based company that makes meat alternative frozen food meals.

FOOD STANDARDS UNDER SPOTLIGHT IN AUSTRALIA AMID CALLS FOR REGULATORY CHANGE

03 Dec 2021  Read: 2 min.
Australia is grappling with the question of whether its regulatory body for food standards should be concerned just with ensuring safety or should also deal with public health issues.

EROEGO AIMS TO CUT FOOD BILLS BY 30% WITH “UGLY” FRUIT AND VEGETABLES

03 Dec 2021  Read: 3 min.
EroeGo, the fruit and vegetable delivery service in the United Arab Emirates, is using artificial intelligence to help supply customers with “ugly” produce.

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