Market News
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Bread popularity rising in Indonesia : With increasing urbanization and stronger orientation toward a Western lifestyle, many Indonesians are discovering their liking for bakery products, in particular sandwich bread.
Source : https://www.world-grain.com/articles/16167-bread-popularity-rising-in-indonesia
world-grain.com
Bread popularity rising in Indonesia
Filled and grilled sandwich bread is especially in high demand.
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Upcycling is steadily gaining favor with consumers, especially as awareness of its environmental benefits and food waste prevention grows. That’s why Whole Foods named upcycled foods one of its top food industry trends of 2021, and why the upcycled food category has an estimated market value of $46 billion and a 5% CAGR.
Source :…
foodindustryexecutive.com
Are Upcycled Foods Ready to Transform the Food Industry? - Food Industry Executive
Upcycling is steadily gaining favor with consumers, especially as awareness of its environmental benefits and food waste prevention grows. That’s why Whole Foods named upcycled foods one of its top …
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With small to medium size companies (SMEs) facing labor shortages, supply chain issues, economic uncertainty, and inflation concerns, gaining a competitive edge through smart use of technology is imperative.
Source: https://foodindustryexecutive.com/2021/11/5-ways-cobots-make-automation-accessible-to-smes/
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Animal-free dairy company New Culture Foods closed a $25 million Series A investment round, which the company said will help it make key hires and scale up production for a planned 2022 launch.
Source : https://www.fooddive.com/news/new-culture-raises-25m-to-launch-animal-free-cheese-in-2022/610490/
fooddive.com
New Culture raises $25M to launch animal-free cheese in 2022
The funding round — which includes venture arms of Kraft Heinz, ADM and Dr. Oetker — will help the company scale and grow as it plans to commercialize its cow-free mozzarella.
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The Federal Trade Commission will order nine major retailers, wholesalers and CPGs to hand over data on supply chain challenges to “shed light on the causes behind ongoing supply chain disruptions,” the agency said Monday.
Source : https://www.fooddive.com/news/amazon-walmart-kraft-pg-ftc-supply-chain-data/610715/
fooddive.com
Kraft Heinz, Tyson among 9 companies to receive FTC order for supply chain data
The information the agency will solicit is at the forefront of supply chain managers' day-to-day operations, such as the disruptions to obtaining and transporting products.
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Impossible Foods closed a $500 million funding round, bringing its lifetime funding to more than $2 billion. This latest round was led by Mirae Asset Global Investments. Other participants were existing investors, the company said in a statement.
Source…
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US keto-friendly sauces and dressings producer, Hungry Squirrel, has announced the opening of a new facility in Brownsville, Texas.
Hungry Squirrel expects that the new plant will enable it to better serve its growing national customer base. The business produces sauces, dressings and dips.
Source…
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Beneo has announced a multi-million-euro investment to expand the capacity of its chicory root fibre production facilities in Chile and Belgium.
The first step will see over €30 million invested. Overall, the programme aims to deliver a significant boost to Beneo’s global prebiotic chicory root fibre production capacity.
Source :…
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Patco Brands-owned Rancho La Gloria, a wine-based ready-to-drink (RTD) beverage, has expanded its bottled cocktails range with a new line of RTD Skinny Margarita.
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Market News posted a new post.
Global Market News Analyst at uFoodin 3 years ago
Human Resources Manager - Job DescriptionHUMAN RESOURCES MANAGER JOB DESCRIPTION 1- What is a Human Resources Manager ? A Human Resources Manager is in charge of planning, coordinating and…
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