First-of-its-kind partnership highlights how startups can work with established industry leaders to feed the world. Eat Just, Inc., a company that applies cutting-edge science and technology on a mission to create healthier, more sustainable foods, announced today that its GOOD Meat division has entered into a joint development agreement with…
Only 16% Of Asia’s Listed Food Companies Disclose Core ESG Sourcing Risks
Benchmark report of 158 listed Asian companies in food & beverage, retail, hospitality and catering finds that the majority are below par on responsible protein sourcing policies. As demand for animal protein surges across Asia, the region’s top listed companies are overlooking responsible sourcing across their supply chains, according to…
Boost In The Consumption And Growth Of The Food Preservative Market
In 2021, the global food preservative consumption market is predicted to be worth USD 2,600 million, growing with a CAGR (compound annual growth rate) of 6.8% to reaching USD 5,019.8 million. Customers' demand for convenient food such as ready-to-eat or ready-to-cook that has a longer shelf life due to changing lifestyles and dynamic…
What Mintel’s 2022 Global Consumer Trends Research Mean For South East Asia
The pandemic, economic fluctuations, and both local and global events in 2020-21 have caused consumers to form new behaviours, attitudes and values. Mintel’s 2022 Global Consumer Trends recognize these consumer shifts and share predictions on how brands can prepare for upcoming evolutions in consumer behaviour. They provide a strong foundation…
Hershey’s New R&D Center In Malaysia To Fuel Product Innovation For Markets Around The World
The Hershey Company (NYSE: HSY) announced the opening of its new R&D Center located in Johor, Malaysia. The investment is a core part of the company's strategy to drive international growth through innovation. William Pritchett, Vice President of International Finance and Commercial, and Herjit Bhalla, Vice President, AEMEA & India, The Hershey Company…
BENEO Acquires Meatless B.V. To Further Expand Its Portfolio Of Plant-based Solutions
BENEO, one of the leading manufacturers of functional ingredients, has recently announced the acquisition of Dutch company, Meatless B.V., ensuring it becomes a major player in the field of plant-based texturising solutions for meat and fish alternatives. The move comes amid a huge rise in demand for plant-based products, with…
Coca-Cola Announces Change To Its Bottles
Coca-Cola Great Britain has revealed an update to the style of the bottles in a bid to prevent littering and boost recycling. In a design move which is reported as being the first for any major soft drinks company, Coca-Cola drinks will soon have attached caps. By early 2024, it is hoped…
India Stands Between World And Food Riots
MUMBAI, (Reuters Breakingviews) - India’s pledge to feed the world still holds more than a grain of truth. After global wheat supplies were disrupted by the war in Ukraine, Prime Minister Narendra Modi said India was ready to step up its trade. But a heatwave read more is singeing fields and…
McDonald’s Tests Circular Clear Cups Sourced From Recycled And Biobased Materials
McDonald's is testing a new power couple that has the potential to move McDonald’s beyond virgin fossil fuel-based plastics. BY GRANIA JAIN McDonald's circular clear cups sourced from equal parts recycled and biobased materials are available in 28 select restaurants in Savannah, Georgia. When we say “circular,” we’re referring to the…
Evo Foods And Ginkgo Bioworks Announce Partnership To Develop Animal-Free Egg Products
Evo Foods, a consumer packaged goods company creating the next generation of plant-based substitutes for animal products, and Ginkgo Bioworks (NYSE: DNA), the leading horizontal platform for cell programming, today announced a partnership to develop a method for producing animal-free egg proteins for use in Evo's products. Facing increasing consumer demand for…