Latest News in the food Industry

30 May 2023

Amidst the uncertainty of inflation and rising costs, a pricing strategy that factors in a degree of elasticity is key to retaining a loyal customer base – as well as keeping track of your competitors’ prices, according to Nielsen IQ.

29 May 2023

Forget “boring” vanilla and chocolate. Indian sweet bakery brands should seek flavour inspiration in seasonal fruits, such as jamun and mango, or traditional desserts like carrot halwa to pique the interest of Indian consumers, says Mintel.

26 May 2023

Corona-owner and global alcohol manufacturer Constellation Brands has invested in premium alcohol-free brand TÖST as it seeks to tap into the growing demand for no- and low-alcohol drinks that offer “complex” flavours.

25 May 2023

Growing numbers of pet owners are choosing plant-based food for their pets for health and sustainability reasons, according to ProVeg, with many products containing healthy wholefood ingredients like kale, chia, beetroot, and broccoli.

19 May 2023

Some US fruit juices and plant-based milks contain heavy metals and toxic elements above US federal drinking water standards, according to a new study – but most products are within safe limits.

18 May 2023

Given the rising cost-of-living, global consumers are replacing eating out with affordable, indulgent treats at home and on the move. However, a surge in the price of sugar is causing concern amongst consumers.

17 May 2023

Do health and wellness products need to be affordable or are consumers willing to pay a premium for a health benefit despite the cost-of-living crisis? We asked two leading market experts – and received different answers.

16 May 2023

Former US First Lady Michelle Obama is entering the consumer packaged goods space with Plezi Nutrition, a new healthy food and beverage brand for children.

15 May 2023

Singapore-based startup Jungle Kitchen has entered the vegan food market with its range of foods that include regional ingredients such as jack fruit, banana blossom, and cobra chili.

12 May 2023

Nutri Co uses artificial intelligence (AI) to reduce product formulation time, allowing it to offer healthy products with local ingredients at a low cost, serving the price-sensitive Peruvian market.

11 May 2023

The Latin American vitamin and mineral supplement market is bullish, with Argentina, Panama, and Mexico recording the highest growth in the past five years, according to the Latin American Alliance for Responsible Nutrition (ALANUR).

10 May 2023

A growing number of Asian food and drink brands are using upcycled ingredients, such as soy okara, banana stems, and broken rice, as a source of sustainable nutrition for their products.