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Daily Insights and Food Industry News

GETIR’S TAKEOVER OF GORILLAS HIGHLIGHTS CONSOLIDATION IN EUROPEAN FOOD DELIVERY AS FIRMS STRUGGLE TO TURN A PROFIT

06 Jan 2023  Read: 3 min.
Getir’s acquisition of its fellow grocery-delivery service Gorillas has been seen by analysts as the latest development in a much-needed trend towards consolidation in the sector.

PURECYCLE SELECTS BELGIUM AS DESTINATION FOR ITS FIRST PLASTIC RECYCLING PLANT EUROPE

05 Jan 2023  Read: 3 min.
A joint announcement was recently made by PureCycle Technologies, a recycling technology company, and the Port of Antwerp-Bruges, regarding the opening of the company's first plastic recycling plant in Europe.

AROMA COMPANY EVODIABIO SECURES $6.4 MILLION CAPITAL RAISE

05 Jan 2023  Read: 2 min.
Denmark’s EvodiaBio, which makes sustainable aromas for the food and beverage industry using precision fermentation, has secured $6.4 million to safeguard its growth plans.

KRAFT HEINZ TEAMS UP WITH HARVARD’S WYSS INSTITUTE TO HELP MAKE SUGAR MORE HEALTHY

05 Jan 2023  Read: 4 min.
Food manufacturing giant Kraft Heinz has teamed up with Harvard's Wyss Institute in a bid to make sugar more healthy as it also seeks to reduce the ingredient across its 200 brands.

LIFI4FOOD: USING FARMING SOLUTIONS TO TACKLE FOOD SCARCITY

04 Jan 2023  Read: 3 min.
LiFi4Food, the Spanish start-up that provides solutions for digital and precision agriculture, reveals plans to to tackle food scarcity using technology.

FROZEN BURRITO BRAND RED’S ALL NATURAL ACQUIRED BY BANSK GROUP

04 Jan 2023  Read: 2 min.
Private investment firm Bansk has acquired a majority interest in Red’s All Natural, a brand that specialises in frozen burritos and breakfast sandwiches. 

DAIRY PRODUCTS CHINA: STRONG IMPORT GROWTH PREDICTED

04 Jan 2023  Read: 3 min.
A recent report has cast light on the dynamic dairy industry in China, with strong growth of dairy products predicted over the next ten years.

BARRY CALLEBAUT’S LATEST CHOCOLATE FACTORY IN INDIA WILL OPEN IN 2024

03 Jan 2023  Read: 2 min.
Chocolate maker Barry Callebaut Group is set to complete and make operational its third manufacturing facility in India by 2024 bringing the Swiss company’s investment on the sub-continent over the past five years to more than $50 million.

WINE SET FOR HEALTHY GROWTH OF 6% ANNUALLY TO 2026, SAYS GLOBALDATA

02 Jan 2023  Read: 3 min.
A new report from London-based analyst GlobalData says that rising disposable incomes coupled with increasing employment rates will propel the demand for wine globally.

FOOD PRICE INFLATION SET TO PEAK IN EARLY 2023 BEFORE TAILING OFF AS THE YEAR CONTINUES

30 Dec 2022  Read: 3 min.
Food price inflation has been a major concern in many parts of the world in 2022, fuelled initially by hikes in the cost of goods such as fertilisers, which resulted in a surge in grain costs.

NOMU IS CREATED BY THE MERGER OF TWO AMBITIOUS MIDDLE EASTERN FOOD DELIVERY FIRMS

30 Dec 2022  Read: 2 min.
Two Middle Eastern companies working in the food delivery sector have joined forces to create a new entity called Nomu.

URBAN PLATES TO MAKE SUBSCRIPTIONS MORE COMPETITIVE WITH A 50% FEE CUT

29 Dec 2022  Read: 2 min.
Healthy eating subscription food company and restaurateur Urban Plates is upgrading its signature Plate Pass program to offer more savings from 1 January 2023, in the light of inflationary pressures impacting consumer demand.

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