Latest News in the food Industry

Market News

COVID-19 has made Americans 50% more confident in the kitchen

29 Apr 2020

America has gotten back to cooking as prolonged lockdowns and quarantines force individuals to stay inside and rely on their culinary skills to feed themselves. The result of this extra time spent indoors is that 54% of consumers report they are cookin...

Banana imports from the Philippines expected to drop 40%

28 Apr 2020

Asia’s banana supply may take a hit in the upcoming months as lockdowns have curtailed the Philippines’ ability to harvest and export its banana crop. The country, which is the world’s second-biggest banana exporter, predicted its banana shipments may ...

COVID-19: Zomato delivery app shows body temperature of drivers in India

27 Apr 2020

In an effort to further increase the safety of those ordering take out, Zomato introduced a temperature tracking feature on its delivery app in India. The feature was released the week of April 13 and covered 50% of the application’s delivery partners ...

European agrifood unions and Irish minister warn of crisis, call for aid

23 Apr 2020

Restricted movement and closed borders across the European Union have led to concerns about the stability of the agri-food economy in Europe. To prevent irreparable disruption in the wake of the coronavirus outbreak and continue to supply citizens with...

Science shows white flour is healthier than previously thought

22 Apr 2020

A new study out of the UK comparing historic and modern wheat varieties showed that there has been an overall increase in the quantity of dietary fiber and a decrease in acrylamide, a potentially cancer-causing chemical, over the last two centuries.

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 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.

Trax acquires Survey.com to deliver AI-powered, on-demand merchandising

8 Apr 2020

Singapore-based retail analytics technology, Trax, acquired Survey.com, a platform that provides sales activations and merchandising services for emerging and mid-market consumer packaged goods (CPG) brands. Financial details of the transaction were no...