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Daily Insights and Food Industry News

INVESTORS FLOCK TO FLINK IN LATEST FUNDRAISING ROUND

09 Jun 2021  Read: < 1 min.
Flink, the European on-demand online grocery retailer that launched six months ago, has attracted nearly €200m euros in its latest round of fundraising.

ANHEUSER-BUSCH AND WHITE HOUSE TEAM UP TO GET 70% OF ADULTS PART-VACCINATED BY 4 JULY

08 Jun 2021  Read: < 1 min.
Brewer Anheuser-Busch and the White House have launched a campaign to get as many Americans as possible vaccinated against Covid-19 by Independence Day (4 July). Several parts of the US are in a pivotal transition phase, so the brewer is doubling down on its pledge to connect with consumers and help lead a safe recovery…

KANTAR PAINTS MIXED PICTURE FOR UK MEAT INDUSTRY

08 Jun 2021  Read: 2 min.
In the 12 weeks to April 18, with year-on-year comparisons pointing at the early stage of the pandemic, Kantar reported that the UK meat industry saw a resurgence in those proteins, which took a backseat last year.

US SALES OF ORGANIC PRODUCE SOAR TO $62 BILLION

07 Jun 2021  Read: 3 min.
Greater health awareness, fuelled by the onset of the Covid-19 pandemic, helped organic food and non-food sales in the US to surge last year by 12.4% to reach $62 billion (€52.8bn) based on one survey’s findings.

AUSTRALIA’S DAVID JONES TO END FOOD TIE-UP WITH BP

07 Jun 2021  Read: < 1 min.
David Jones, the Australian department store operator, is pulling out of a partnership to run food stores at BP petrol stations as its parent company looks to cut losses.

INDIA’S SEAFOOD EXPORTS RECOVERING FROM COVID SLUMP

04 Jun 2021  Read: < 1 min.
India’s seafood exports are showing signs of recovery following a decrease in sales as a result of the coronavirus pandemic, according to a leading industry figure.

STUDY SHOWS INSECT PROTEIN AS BENEFICIAL AS MILK PROTEIN

04 Jun 2021  Read: 2 min.
Protein found in mealworms is as easily absorbed by the body and incorporated into muscles as milk protein, according to new research carried out by scientists in the Netherlands.

SAPUTO MAKES TWO ACQUISITIONS AS PART OF FOUR-YEAR GROWTH PLAN

03 Jun 2021  Read: < 1 min.
Canada-based dairy products maker and distributor Saputo has expanded into the dairy alternatives and value-added ingredients segments through two acquisitions totalling CAD 187 million (€127m).

REWE GROUP PARTNERS WITH TRIGO TO BRING CHECKOUT-FREE TECHNOLOGY TO GERMANY

03 Jun 2021  Read: 2 min.
Grocery chain REWE Group will be the first German retailer to implement checkout-free technology thanks to a new partnership with Israeli start-up company Trigo.

APPETITO REVEALS EXPANSION PLANS FOLLOWING CASH INJECTION

02 Jun 2021  Read: 2 min.
Egyptian start-up Appetito, a grocery and household products delivery service, has revealed its plans to expand across Africa after securing a seed funding round.

PROTECTIONISM CONCERNS OVER SAUDI FROZEN POULTRY RULES

02 Jun 2021  Read: < 1 min.
Concerns have been raised by Saudi Arabia’s proposal to cut the shelf life of frozen poultry products from one year down to three months.

TYSON LAUNCHES PLANT-BASED LINES IN GROWING ASIA-PACIFIC

01 Jun 2021  Read: 2 min.
Growing demand for meat alternatives in Asia-Pacific has prompted NYSE-listed Tyson Foods to debut new plant-based products in some retail markets in the region and online under the First Pride brand. The company is initially launching frozen Bites, Nuggets and Strips made with plants in Malaysia starting this month, and then roll them out to…

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