FAO projects global food prices to climb further in 2021 raising major food security concerns world wide
GLOBAL – Global food prices reached a six-year high in December last year and are…
WORLD NEWS
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Adisseo and Calysta’s Joint Venture to build world’s first commercial-scale single-cell protein production facility in China
CHINA – Calysseo, an alternative protein joint venture between worldwide animal nutrition leader Adisseo and…
Canadian based fast food chain Pizza Nova debuts first-of-its-kind Plant-Based Pepperoni
CANADA – Leading Canadian pizza operator, Pizza Nova will become the first fast food restaurant…
Meat processing giant Tyson Foods partners NW Natural, BioCarbN to convert methane into renewable natural gas
US – Tyson Foods, the world’s second largest processor and marketer of chicken, beef, and…
American indoor farming startup, AppHarvest appoints Impossible Foods’ ex-CFO David Lee as President
US – AppHarvest, a leading AgTech company building some of the country’s largest indoor farms…
Unilever sells remaining Bertolli assets to Dutch food maker Enrico-Glasbest
NETHERLANDS – British multinational consumer goods company, Unilever has offloaded its remaining assets in the…
Air Protein raises US$32m in funding round led by ADM, to develop a meat alternative out of thin air
US – California based Food technology start-up, Air Protein, has announced a US$32 million Series…
New era in the food industry as World’s first AI-based robotic restaurant opens in the US state of Illinois
US – A new era is dawning in the food industry centered around the innovation…
KFC starts rolling out new, premium chicken sandwich across all 4,000 restaurants in US
US – After a successful test run in Orlando last year, Kentucky Fried Chicken (KFC)…
Burger King makes brand identity changes for the first time in 20 years
US – World’s second largest fast food hamburger chain, Burger King has unveiled a new…
Rachel Ruggeri to succeed Patrick Grismer as Starbucks’ Executive Vice President and Chief Finance Office
US – Starbucks Corporation, the premier roaster and retailer of specialty coffee in the world…
Billion-dollar food industry mergers and acquisitions that took place in 2020
GLOBAL – Despite the unsettled year due to the impact of the global Covid-19 pandemic,…
Mitsubishi Food Group partners Israeli startup Aleph Farms to introduce cultivated meat in Japan
JAPAN – Mitsubishi Corporation’s Food Industry Group is partnering with Israel-based start-up Aleph Farms to…
Chinese KFC and Pizza Hut targets to reduce 8,000 tons of non-biodegradable plastics annually in new sustainability drive
CHINA – Yum China – the operator of fast food chains including KFC in mainland…
Mondelēz finalises acquisition of plant-based snack brand Hu Products
US – American multinational food group Mondelēz International has acquired Hu Master Holdings the parent…
Dutch Food company Vion to acquire Adriaens to bolster position in Belgium’s meat industry
BELGIUM – International producer of meat, meat products and plant-based alternatives Vion Food Group has…
Constellation brands offloads wine brands to E&J Gallo as it shifts focus to ‘consumer-driven premiumisation trends’
US – American producer and marketer of beer, wine, and spirits Constellation Brands has completed…
French stone fruit producer Domaine des Coteaux acquired by Innatis
FRANCE – Domaine des Coteaux, a French stone fruit producer based Générac, France has been…
UK joins the International Grain Council after exiting the European Union
UK – After leaving the European Union, the United Kingdom has joined the International Grains…
China to boost corn production amid spike in demand and drop in national reserves
CHINA — Chinese authorities have revealed that the nation will be keen on increasing its…
Diversey acquires Polish-based specialist hygiene solutions SaneChem
POLAND – American hygiene company Diversey, has announced the acquisition of SaneChem, a Polish-based supplier…
Novozymes newly launched enzyme to improve taste of high protein drinks
DENMARK – Danish based global biotechnology company Novozymes has launched a new enzyme which it…
Mondi acquires Olmuksan to bolster position in growing Turkish corrugated packaging maker
TURKEY – British multinational packaging and paper group Mondi has agreed to acquire 90.38% of…
US flavor and color manufacturer Gold Coast unveils certified organic flavors for EU market ahead of new regulations
EUROPE — Gold Coast Ingredients, a US-based flavor and color manufacturer, has unveiled its latest…