South Australian Southern Rock Lobster fisheries remain the state’s most valuable wild catch fishery with exports valued at $40 million in the year to October 2024 South Australia’s Southern Rock Lobster is ready to splash back into the Chinese market after officially lifting trade restrictions. Valued at over $20 billion[Read More…]
Company News
From tradition to transformation South Korea bans dog meat by 2027
To aid the transition, the government has set aside 100 billion won ($75 million) in incentives for farmers, breeders, and restaurants South Korea marked a historic milestone by deciding to phase out its dog meat industry, reflecting a major cultural and legislative transformation. The government, in 2024, passed a law[Read More…]
Pizza Hut releases annual Pizza Trends Report
The report offers a comprehensive look at how Americans continue to embrace their love for pizza Pizza Hut releases its second annual Pizza Trends Report featuring the latest research on consumer pizza eating habits and an outlook on emerging trends in the industry. From toppings and unique combinations to pizza[Read More…]
Firehouse Subs expands to Brazil
The expansion into Brazil is part of a joint venture supported by parent company Restaurant Brands International The Firehouse Subs brand announces its entry to Brazil building on its international expansion. The brand plans to open more than 500 restaurants in 10 years across the country. The first restaurant is expected to launch in[Read More…]
Dubai International Chamber facilitates expansion of Farm to Plate business into Eswatini
The chamber played a crucial role in connecting the company with key stakeholders in the Southern African nation Dubai International Chamber, one of three chambers operating under the umbrella of Dubai Chambers, has successfully supported the expansion of Farm To Plate, a Dubai-based agri-food technology solutions provider, into the Kingdom[Read More…]
Saudi’s Tanmiah Food partners with China’s Chengdu Design & Research Institute
This collaboration is considered an essential part of Tanmiah’s long-term strategy to boost food security Tanmiah Food Company, a market-leading provider of fresh and processed poultry and other meat products, announced that it has formed a strategic partnership with Chengdu Design & Research Institute (CDI), a Chinese contractor firm with[Read More…]
Geia Food acquires UK’s Lupa Foods
This partnership marks a pivotal moment for Lupa Foods, enhancing its ability to deliver greater value to customers through expanded product offerings Lupa Foods announced its acquisition by Geia Food, a leading Nordic food group with a combined annual turnover of £370 million. This partnership marks a pivotal moment for[Read More…]
Diageo identifies 2025 socialising trends in new global report
Distilled 2025 uses AI-driven analysis to offer foresight into trends shaping consumer behaviour in 2025, including the rise of consumers alternating between alcoholic and non-alcoholic drinks Diageo, maker of Johnnie Walker, Don Julio Tequila and Guinness, has unveiled its annual global trends report which reveals how and why consumers will socialise over the[Read More…]
Flowers Foods to acquire Simple Mills
Flowers has a strong track record of fostering growth in its acquired companies while stewarding and protecting their brand promise Flowers Foods announced that it has entered into a definitive agreement to acquire Simple Mills for $795 million in cash. The addition of Simple Mills expands Flowers’ exposure to better-for-you and attractive[Read More…]
NESCAFÉ introduces Espresso Concentrate
NESCAFÉ Espresso Concentrate easily dissolves in water or milk, delivering a simple way for coffee lovers to make a premium café-style NESCAFÉ, the world’s largest coffee producer, is expanding its U.S. portfolio with its first-ever liquid concentrate line and newest innovation: NESCAFÉ Espresso Concentrate. Answering the growing demand for customisable and convenient at-home coffee, NESCAFÉ Espresso Concentrate easily[Read More…]