Food Industry

A lot of growth in China’s functional food industry has come from research into herbs used in Traditional Chinese Medicine (TCM) and identifying suitable ones that can be integrated into everyday foods and beverages. However, given the complexity and vastness of herbal and medical knowledge found in TCM compendiums, local…

Australia Federal Treasurer Jim Chalmers announced the country’s 2025/2026 Budget in late March, with a lot of focus on income tax cuts and cost of living relief - but according to the local food and grocery sector, this may not be enough to provide consumers with ‘lasting relief’. “The Australian…

The food and drink industry is facing some of its biggest threats The food industry is facing some of its toughest hurdles in decades, evidence from two sobering reports reveal. An increase in the number of fake foods and drinks have raised public safety concerns, while a significant rise in…

The topic of the consumer is never too far behind trade talks for the dairy market. The rise in weight-loss drugs like Ozempic means food producers worldwide are assessing their future with more buyers consuming less and placing more focus on wellness and health. For Ireland’s €18bn dairy industry the…

A tech firm has unveiled a smart kitchen app designed to improve cooking, manage gas usage, and support Nigeria’s food and gas industries The app offers features like a gas countdown timer, cooking recipes, and real-time updates, helping users save time, money, and energy As part of SMEFUNDS, Kike Technologies…

Homepage > News > Business > Alibaba eyes hiring spree, predicts AI bubble in the US Chinese technology giant Alibaba (NASDAQ: BABA) has confirmed plans to increase its staff strength following a high-level meeting with Chinese President Xi Jinping. Alibaba Group Chairman Joe Tsai and company founder Jack Ma disclosed…

The food industry is heading towards a commodity crisis and too little is being done to mitigate the predicted meltdown, an anonymous group of senior industry professionals has warned. In a memo released to food and drink industry investors this morning, the group known only as Track x Food has…

Americans are snacking less — and that's a problem for the packaged food industry.Why it matters: After years of inflation, consumers are recoiling, fed up with food price increases and suddenly immersed in economic uncertainty.Driving the news: General Mills on Wednesday became the latest food giant to sound the alarm…

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There has never been a more pressing time for food producers to harness technology to tackle the sector’s tough mission. To produce ever more healthy and appealing food for a growing global population in a way that is resilient and affordable, all while minimizing waste and reducing the sector’s environmental…