Market News
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Global Market News Analyst at uFoodin 4 years ago
The Pet Food MarketTHE PET FOOD MARKET The pet food market can be segmented according to : the animal type (dogs, cats etc), the product type (dry food,…
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“Kenya will in mid-November stop the export of Hass and Fuerte varieties of avocados to prevent the harvesting of immature crops.
The ban will then be reviewed in…
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“ADM sees third quarter profits more than double due to strong crushing margins and vegetable oil demand”
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“According to a recent Good Food Institute (GFI) State of the Industry report, alternative seafood companies saw record backing in the first half of 2021. As of June, invested capital through disclosed deals alone totaled $116 million, exceeding the industry’s total funding in 2020.”
Source :…
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“U.S. exports of American cheese, including the processed staple coveted for melty grilled cheese sandwiches, are surging as buyers in Asia can’t get enough.”
Source : https://foodinstitute.com/focus/growth-of-western-diet-in-asia-sparks-demand-for-american-cheese/
foodinstitute.com
Growth of Western Diet in Asia Sparks Demand for American Cheese - The Food Institute
U.S. exports of American cheese, including the processed staple coveted for melty grilled cheese sandwiches, are surging as buyers in Asia can’t get enough.
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“The hospitality industry globally has witnessed a major setback with the pandemic hitting the tourism, hospitality and the corporate business. Hotels across started looking at alternative stream of revenue to negate this impact.”
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“Consumer demand for organic food and beverages has accelerated and expanded beyond traditional dairy or produce to more food and beverage product options including plant-based foods, nutrition bars, keto snacks, granola, frozen desserts, bakery, kombucha and alcoholic beverages.”
Source…
fooddive.com
Organically delicious innovation
Consumer demand is increasing for organic food and beverage products due to healthier perception. The innovators of organic products have more options for Transparently Delicious® taste.
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“Coca-Cola is spending $5.6 billion to purchase the remaining 85% stake it doesn’t currently own in sports drink maker BodyArmor, the company said Monday. The acquisition is the largest ever for the 129-year-old company.”
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“Applegate Farms LLC, a subsidiary of Hormel Foods Corp., is introducing the Do Good Dog, a hot dog made with beef raised on verified regenerative US grasslands.”
Source : https://www.meatpoultry.com/articles/25750-applegate-starts-selling-do-good-dog
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“General Mills Convenience is looking to help retailers boost their sandwich game with the debut of the Pillsbury Belgian-Style Waffle Carrier. Pre-sliced in a convenient, thaw and serve format, the waffles make it easy to assemble sandwiches across different back-of-house formats.”
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