Latest News in the food Industry

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Swedish Algae Factory sparks interest from investors and judges

20 Apr 2020

Swedish Algae Factory received an investment from the Dutch sustainable aquaculture investment fund Aqua-Spark. The funding amount of the investment was undisclosed. This investment follows on the heels of the algae startup’s recent €500,000 award from...

Cocoa and chocolate companies brace for Covid-19 impact

19 Apr 2020

Chocolate is a source of indulgence for many consumers as they stay at home during the Covid-19 pandemic, which has helped to offset lower demand overall – but the cocoa and chocolate sector as a whole is preparing for wider disruption.

Evolution of the clean label megatrend

18 Apr 2020

Clean label foods and beverages have become the backbone of the industry rather than the exception, but the trend continues to evolve, meaning there are still opportunities for food manufacturers, ingredients companies and investors to capitalise.

Euromonitor: COVID-19 bolsters local food production in the Middle East

17 Apr 2020

The Gulf Cooperation Council (GCC) region and other Middle Eastern countries have built a food economy that relies heavily on imports for non-perishable goods. However, due to supply chain constraints engendered by the COVID-19 pandemic, the region has...

Nielsen predicts permanent changes to Asia's post COVID-19 grocery market

16 Apr 2020

Following the easing of quarantine restrictions in Asia, Nielsen found that consumers in these countries are still more likely to eat at home and also more likely to continue to use take away and food delivery options than prior to the virus outbreak.

Barclays predicts vertical farming will disrupt food production

15 Apr 2020

Vertical farming has a $50 billion market opportunity and a chance to mitigate sustainability issues within traditional fresh fruit and vegetable agriculture, according to new research by Barclays Capital.

ADM announces sweeping sustainability goals

14 Apr 2020

In an effort to further advance the sustainability of its operations, Archer Daniels Midland (ADM) has committed to reducing its absolute greenhouse gas emissions by 25% and its energy intensity by 15% by 2035.

Grupo Modelo suspends beer production in Mexico

13 Apr 2020

Grupo Modelo will temporarily stop brewing Corona beer and other brands to comply with the Mexican government’s order to suspend all non-essential activities in the wake of a growing number of cases of COVID-19. The order for the temporary suspension r...

Covid-19: Companies’ ethical claims in the spotlight

12 Apr 2020

Businesses around the world have spent huge amounts of time and money trying to convince consumers of their ethical credentials. Now, they are being put to the test.

Flexitarianism spurs the rise of meat-plant blends

11 Apr 2020

Plant-based eating is a major trend, but while consumers may want to increase plant consumption, most are not willing to shun meat entirely. Now, a growing number of manufacturers is introducing products that combine the best of both.

COVID-19 drives surge in online grocery sales

10 Apr 2020

Confinement and supermarket shortages have driven more shoppers to purchase online with NYC-based tech firm Chicory reporting increases in online orders that surpass U.S. holidays, including Halloween and Fourth of July.

Cycloponics to expand organic farming facilities in French car parks

9 Apr 2020

A French subterranean agriculture startup launched its first funding round last November and raised almost double the investment that was requested. When Cycloponics launched on Lita.co, a platform for investment in sustainable companies, the company h...