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Daily Insights and Food Industry News

TESCO SCRAPS UNNECESSARY PLASTIC AND SHRINK WRAP FROM BEER PACKAGING

20 May 2021  Read: < 1 min.
Tesco claims to be the UK’s first big grocery retailer to scrap soft plastic rings and shrink wrap from beer and cider packs in its stores in partnership with some leading drinks makers. The UK’s biggest supermarket chain says it will stop receiving beers and ciders that are held together by soft plastic rings and/or…

ARGENTINE MEAT PRODUCERS SET TO STRIKE OVER EXPORT BAN

20 May 2021  Read: 2 min.
Meat producers in Argentina have announced plans to halt the trading of beef and veal for one week in response to a month-long government suspension on exports due to rising prices.

CANADA’S FARMER DIRECT ORGANIC IS BOUGHT BY ABOVE FOOD

19 May 2021  Read: < 1 min.
Farmer Direct Organic, which supplies legumes, seeds and grains to 2,000 retailers in North America, has been bought by Above Food.

DION HERBS & SPICES TAKEN INTO PRIVATE EQUITY HANDS

18 May 2021  Read: < 1 min.
Quebec-based Dion Herbs & Spices has been acquired by a group of investors led by Montreal-based private equity firm Champlain Financial Corporation for an undisclosed sum. Dion, a leading herbs and spices seller in Quebec, Canada, is also distributed into more than 1,000 retailers in Canada and the United States. The company was founded by…

THE UK’S 3 TOP LOCKDOWN DRINKING TRENDS REVEALED

17 May 2021  Read: 3 min.
Wines from Argentinian, the ready-to-drink (RTD) category, and rosé wine saw huge uplifts in retail sales during UK lockdowns and other restrictions in 2020. According to the Wine and Spirit Trade Association’s latest market report, released on Monday, consumers used the semi-shutdown of the economy, and curbs on social gatherings, to experiment with new tipples…

INDIA’S FROZEN SECTOR SET FOR TRIPLE VALUE GROWTH

17 May 2021  Read: < 1 min.
India’s frozen food sector is forecast to almost triple in value over the next five years, according to a report released by Research and Markets.

CALL FOR GREATER EFFORTS TO CUT SALT AS WHO BENCHMARKS ANNOUNCED

14 May 2021  Read: < 1 min.
Campaigners have called for greater efforts to be made to cut salt levels in food after the World Health Organisation released its first ever sodium benchmarks.

KARANA BENEFITS FROM ASIA’S GROWING MEAT-FREE MARKET

14 May 2021  Read: 3 min.
Karana, the Singaporean meat-alternative start-up, is expanding into new Asian markets amid near double-digit increases in sales of plant-based-meats on the continent.

MEMPHIS MEATS BECOMES UPSIDE FOODS AHEAD OF CHICKEN LAUNCH

13 May 2021  Read: < 1 min.
Memphis Meats, the cell-cultured meat, poultry and seafood start-up, has been rebranded as Upside Foods, a more consumer-friendly name prior to the launch of its first product: chicken. Based in Berkeley California, the company says that, pending regulatory review, its cell-cultured chicken will be available later this year. Grown completely from animal cells, the chicken…

SIAL CHINA SET TO WELCOME 120,000+ VISITORS

13 May 2021  Read: 2 min.
Organisers of next week’s SIAL China exhibition [18-20 May], in Shanghai, have announced that more than 120,000 visitors are expected over the three-day event.

PANDEMIC ACCELERATES SHIFTS IN CHINA’S SEAFOOD MARKET

12 May 2021  Read: 2 min.
China’s central government has realigned its strategy in response to pressures related to Covid-19.

BAIN CAPITAL SNAPS UP VALEO FOODS GROUP

12 May 2021  Read: 2 min.
Valeo Foods Group, the Dublin-headquartered company that owns Kettle Chips and Batchelors Beans, has been bought by Bain Capital, the American private investment firm.

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