SAGA Seafood Namibia to cease operations on account of lack of fishing quotas

NAMIBIA – SAGA Seafood Namibia, the operating company for Icelandic fishing company Samherji in Namibia is set to close its operations at Walvis Bay. Last month the company announced it would cease operations at the […]

Tyson Foods commits US$13m in COVID-19 hunger relief and community support

USA – Tyson Foods has announced a US$13 million commitment to support critical needs in local communities where the company operates in response to the COVID-19 pandemic. The investment includes a US$2 million in community […]

Nestlé highlights innovation, digitalization and sustainability in 2019 Annual Report

SWITZERLAND – The Swiss food and beverage giant, Nestlé has published its Annual Report for 2019 highlighting the company’s continued focus on innovation,digitalization and sustainability as key ingredients to continued business success. While the company […]

Alternative meat and dairy food tech company Nature’s Fynd raises US$80m

USA – Nature’s Fynd, a Chicago-based food tech company making a new-to-the-world protein from a microbe originally discovered in the geothermal springs of Yellowstone’s ancient volcano, has raised US$80 million in a Series B funding […]

Kraft Heinz, Carlsberg mobilize US$25.8m to support COVID-19 impacted communities

Coronavirus

GLOBAL – Kraft Heinz, the multinational food company co-headquartered in Chicago and Pittsburgh and Danish brewing giant, Carlsberg have joined the global efforts geared towards addressing the very real implications of the Coronavirus (COVID-19) outbreak. […]

United States signs poultry regionalization agreement with China

USA – The United States Department of Agriculture’s Animal and Plant Health Inspection Service (APHIS) has signed a regionalization agreement with China for safe trade of poultry products. This action is part of the continuing […]

Europe plant protein market projected to nearly reach US$10bn by 2027

EUROPE – The Europe plant protein market was valued at US$5.808 billion in 2018 and is expected to grow at a CAGR of 5.9% during the forecast period 2019 – 2027, to account to US$9.452 […]

Plant-based egg manufacturer Eat Just expands partnerships globally

USA – Eat Just, a San Fransisco-based foodtech company has announced several globe-spanning partnerships across North America, Latin America, Europe and East Asia to manufacture and distribute its mung bean-based egg, Just Egg. This expanded […]