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Daily Insights and Food Industry News
ASIA DAIRY PRODUCTS

WIDE OPEN AGRICULTURE SECURES $20M FOR PLANT-BASED PRODUCTION EXPANSION

30 Nov 2021  Read: 3 min.
Regenerative farming specialist Wide Open Agriculture has raised £20 million (AUD) (€12.66m) in funding which it will invest in building the first oat milk manufacturing plant in Western Australia and grow its Dirty Clean food brand in Australia and South East Asia.
AMERICAS GROCERY NEWS

WALMART TO NAME NEW CFO NEXT YEAR AS INCUMBENT DEPARTS IN 2023

30 Nov 2021  Read: 2 min.
The world’s biggest retailer, Walmart, is set to lose its chief financial officer Brett Biggs, at the end of January 2023 after seven years in the role.
BEVERAGES MIDDLE EAST AFRICA NEWS

HEINEKEN’S €4 BILLION POWER PLAY IN AFRICA

29 Nov 2021  Read: 4 min.
Dutch brewing giant Heineken has pushed through with its plans to acquire South Africa’s Distell and Namibia Breweries Limited (NBL) to create a powerful regional drinks entity for Southern Africa valued at about €4 billion.
AMERICAS FROZEN PRODUCTS

MEEL CORP INVESTS $5.7 MILLION RELOCATING FROZEN FOOD PLANT

29 Nov 2021  Read: 2 min.
Meel Corp, the US frozen fruit and vegetable company, has invested millions of dollars moving its frozen food production facility to North Carolina.
AMERICAS EUROPE TRADE TALK

AMAZON EMBARKS ON STORE-OPENING FRENZY WITH 260 OUTLETS PLANNED

26 Nov 2021  Read: 2 min.
Amazon is embarking on a rapid round of expansion as it looks to open supermarkets and small food stores in North America, the United Kingdom and continental Europe.
ASIA

FOOD-TECH IN ASIA SEES GROWTH AS SINGAPORE’S TEMASEK PUMPS IN $30 MILLION

26 Nov 2021  Read: 3 min.
Huge sums are being pumped into food technology, a senior official at Temasek has said after the launch of an investment vehicle was announced in Singapore.
AMERICAS MEAT NEWS ORGANIC & WELLNESS

IMPOSSIBLE FOODS BOOSTED BY $500 MILLION FUNDING ROUND

25 Nov 2021  Read: 2 min.
Record growth has helped privately held plant-based food tech startup Impossible Foods to secure approximately $500 million in its latest funding round
AMERICAS FOOD PROCESSING FRUITS & VEGETABLES NEWS TOPICS

HEINZ MAKES NEW KETCHUP FROM ‘MARS’-GROWN TOMATOES

25 Nov 2021  Read: 3 min.
Kraft Heinz, North America's 3rd biggest food company, in collaboration with the Aldrin Space Institute, has unveiled its Heinz Tomato Ketchup Marz Edition, which is made from tomatoes grown in conditions similar to those found on Mars.
EUROPE GROCERY

ARYZTA ENJOYS 10% SALES GROWTH THANKS TO REOPENINGS

24 Nov 2021  Read: 2 min.
Aryzta, the Swiss-based bakery business, enjoyed a significant increase in revenues in the three months to the end of October 2021, thanks in large part to the reopening of food service outlets.
DAIRY PRODUCTS NEWS TOPICS

STARBUCKS UK TEAMS UP WITH ARLA TO REDUCE EMISSIONS

24 Nov 2021  Read: 3 min.
Starbucks has announced that it is teaming up with farmer-owned dairy cooperative Arla for a three-year pilot scheme in the UK, in a bid to reduce its carbon footprint and "create an industry-leading sustainable sourcing blueprint", which will go on to support its dairy suppliers across Starbucks Europe, Middle East, and Africa (EMEA). With dairy…
NEWS

WALMART LIFTS EXPECTATIONS AFTER STRONG Q3 PERFORMANCE

23 Nov 2021  Read: 3 min.
Walmart has raised its outlook for sales and profit growth for the full year, after a strong performance in the third quarter.
ASIA BEVERAGES DAIRY PRODUCTS EUROPE NEWS ORGANIC & WELLNESS

OATLY OPENS FIRST FACTORY IN CHINA WITH 150 MILLION LITRE CAPACITY

23 Nov 2021  Read: 2 min.
Sweden-based oat drinks company Oatly Group has opened its first production facility in Ma’anshan, China, on the heels of its first factory in Singapore in July.

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