Food Industry

Marvell Foods is working to combat the complications of food inflation in 2022 by providing food industry players with competitive options while offering considerably less expensive food alternatives for American consumers hit hardest by the Pandemic and the continuing economic crisis. Press Release - Feb 28, 2022 DELRAY BEACH, Fla.,…

The Australian government has invested $1.275 million (US$915,000) to help the country’s seafood industry rebound from the severe disruptions caused by the CCP virus pandemic. By diversifying and expanding its export markets, minister for Agriculture and Northern Australia David Littleproud said the funding would allow Australia to expand exports in Asia…

(Source: Moodles) Your browser doesn’t support HTML5 audio Recently, Moodles, a Chinese tech company focusing on the food industry, announced the completion of a Pre-A round of financing. The leading investor was GGV Capital, and co-investors were existing shareholders Fine Will Capital and Renshan Capital. This is the second financing…

Frito-Lay, one of Canada's biggest food manufacturers has halted shipments to Loblaw, the country's largest grocer, in an extreme example of how inflation is impacting the food industry and driving a wedge between some retailers and suppliers. Pricing dispute could lead to chip shortage at Loblaws storesA pricing dispute between…

The Neraca Komoditas (NK) was developed by the Indonesian government as part of the 2020 Omnibus Law of Job Creation, with the objective of providing clearer, more complete data, hastening quota licensing processes and increasing licensing process transparency. This effort will see the integration of multiple national databases pertaining to…

Climate change is putting ever greater strain on food production globally. The industry’s exposure to global heating is a long-term exponential threat. At the same time, the sector is a significant contributor to the problem. The food system is linked to 35% of total manmade greenhouse gas emissions, according to a…

Tunçkaya’s product portfolio complements Azelis’ existing value chain and provides the opportunity to expand the group’s customer base in the region, says Azelis Turkey Managing Director, Sertaç Sürür. “Turkey is a fast-growing region, and an increasingly important market in the food segment, so we’re delighted to grow together with ​Tunçkaya​.” ​…

InnovoPro creates chickpea protein products that are sustainable, clean label and provide neutral taste while preserving nutritional value, functionality and desirable texture. The Ra'anana-based company – founded by Dr Ascher Shmulewitz – is targeting the global protein space, which is searching for new ideas and sustainable alternatives beyond soy, pea…

WASHINGTON, Feb. 14, 2022 - The U.S. Department of Agriculture (USDA) today announced an investment of approximately $50 million in grants to support seafood processors, processing facilities and processing vessels through the Seafood Processors Pandemic Response and Safety Block Grant Program (SPRS). This grant funding, to be distributed through state…

The group called "Letzte Generation" (Last Generation) is demanding cuts in greenhouse gas emissions from agriculture and a law against food waste similar to the one in France, where in February 2016, a law on fighting food waste was adopted. Supermarkets in France are forbidden to destroy unsold food products and are…