Tastilux is a premium speciality ingredient derived from natural sources and produced through fermentation In a landmark cross-continental collaboration, Nourish Ingredients, a leader in speciality fats and precision fermentation, announced a Joint Commercial Agreement with CABIO Biotech, a leading Chinese biotechnology company specialising in microbial fermentation and synthetic biology-based products. Uniting Australian[Read More…]
Company News
Al Islami launches processed food product line in Qatar
This launch underscores Al Islami’s dedication to catering to the evolving tastes and demands of consumers in the region Al Islami Foods, a leading provider of halal poultry and meat products based in the UAE, has launched an extensive range of processed foods in Qatar. This new offering aims to[Read More…]
Serve Robotics to acquire Autocado robot maker Vebu
The Autocado allows employees to load up to 25 pounds of avocados into the device and walk away to focus on serving customers and preparing other items Serve Robotics, a leading autonomous robotic delivery company announced its agreement to acquire the assets of Vebu Inc. (Vebu), a trailblazer in full-stack[Read More…]
Nissin to establish food trading company in Australia
By establishing a local presence in Australia and New Zealand, the Group will be able to enhance its marketing activities in both markets Nissin Foods Company Limited announced that the Group and Nissin Asia have entered into a joint venture agreement which provides for the formation of a joint venture[Read More…]
ADB to help Maldives strengthen climate resilience, food security
The financing package comprises a $4 million concessional loan and a $17.95 million grant from the Asian Development Fund The Asian Development Bank (ADB) has approved a $21.95 million financing package to build Maldives’ capacity to combat the effects of climate change and ensure the sustainability of its food systems. [Read More…]
Unhealthy dietary patterns drive $8 trillion in annual hidden costs of global agrifood systems
About 70 per cent of global hidden costs stem from health impacts linked to non-communicable diseases, particularly in more industrialised agrifood systems A refined study by the Food and Agriculture Organization of the United Nations (FAO) involving 156 countries confirms that hidden costs within global agrifood systems amount to approximately[Read More…]
Hershey expands sweets portfolio with acquisition of Sour Strips
The acquisition of Sour Strips expands Hershey’s offerings within our growing sweets portfolio with a product that is beloved by consumers The Hershey Company announced it has acquired Sour Strips, a fast-growing sour candy brand with a powerful social media presence. Sour Strips’ “sour candy that doesn’t suck” enhances Hershey’s presence in the category[Read More…]
Coca-Cola Beverages Africa invests in Namibia
This upgrade will increase the plant’s output capacity by 30 per cent and stimulate growth throughout the company’s value chain Coca-Cola Beverages Africa (CCBA) has invested in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant’s output capacity by 30[Read More…]
Australia’s Coopers Brewery records higher sales
Coopers’ total beer sales, excluding non-alcoholic beers, hit 78.7 million litres, up from 77.6 million litres the previous year A new beer release has fuelled strong sales growth for Coopers Brewery. The launch of Coopers Australian Lager has helped Australia’s largest independent family-owned brewery post a 1.5 per cent rise[Read More…]
dsm-firmenich launches innovative multivitamin solution in Japan
This advanced protection ensures that vitamins retain their potency without compromising taste or texture dsm-firmenich, innovators in nutrition, health, and beauty, together with Rohto Pharmaceuticals announced the market launch in Japan of Vision R made with the dsm-firmenich patented Sprinkle It Technology (SIT™), multi-layered micronutrient granules designed to address nutritional insufficiencies amongst seniors in support[Read More…]