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.
Spice producer Kalsec and biomanufacturer Infinome have combined their expertise in to sustainably develop and commercialise presicion fermentation products
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.
Minnesota-based Hormel Foods Corporation is revamping its strategic operating model in order to be “more agile, consumer and customer focused, and market driven”.
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.
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.
Green Generation Fund, a Berlin-based firm has received €100 million to promote food technology that saves CO2 in producing meat alternatives and other products.
The British Meat Processors Association (BMPA) has cited a new report from independent think tank ResPublica that it says “exposes a number of flaws” in the UK’s recent trade deals with Australia and New Zealand “that open the door to food produced to lower standards of animal welfare”.
Brand valuation consultancy Brand Finance says that global spirits labels grew by 6% in value last year and that China’s Moutai baijiu was the most valuable spirits brand globally at $43 billion, well ahead of second placed Wuliangye, at $28.7 billion, also from China. Brand value is defined by Brand Finance as the net economic…
Meticulous Research has become the latest company to forecast that demand for frozen ready meals will increase in the coming years as busy lifestyles drive sales for convenience foods.
