The benchmark measure of world food commodity prices ends 2023 about 10 per cent below its year-earlier level The benchmark for world food commodity prices declined in December compared to the previous month, with the sharpest drop in international sugar quotations, the Food and Agriculture Organization of the United Nations[Read More…]
Whitepapers/Reports
UAE’s food and beverage industry’s revenue reaches $7.63Bn in 2023
F&B manufacturing is steadily growing and is poised to reach $23.2 billion (AED 85.4 billion) by 2025 UAE Food & Beverage Business Group (F&B Group) has unveiled its Annual UAE Food Industry Report for 2023, offering a detailed look into the thriving landscape of the food and beverage sector across[Read More…]
Global cumulative production of fishmeal and fish oil remains down
China’s slow economic recovery impacting fishmeal and fish oil consumption Cumulative total fishmeal production during the first ten months of 2023 was down by approximately 22 per cent compared to the cumulative production reported through October 2022, according to the IFFO reports. The predominant factor contributing to this decline must be attributed[Read More…]
Ne’ma announces results of nationwide household survey at COP28
According to the survey, residents face challenges such as impulsive shopping habits and a lack of awareness about important information on food packaging During COP28, the UAE National Food Loss and Waste Initiative, in partnership with the Behavioral Science Group, announced the results of a comprehensive nationwide household survey, marking[Read More…]
Givaudan and Berkeley unveil transformative research on redefining efficiency in alternative protein
The new white paper outlines 10 pathways to more affordable, sustainable plant-based products In their fifth annual collaboration, Givaudan and the University of California Berkeley have released transformative research paving the way for enhanced efficiency in alternative protein. The latest white paper entitled ‘10 Alternative Protein Pathways: Opportunities for Greater[Read More…]
FAO Food Outlook predicts declining international trade in some basic foodstuffs
Global food import bill to hit a new record high in 2023, with a reduction in import volumes for the most vulnerable countries Production prospects across most basic foodstuffs are favourable, but extreme weather events, rising geopolitical tensions and sudden policy changes pose risks for global food production systems and[Read More…]
Japan’s Ando Foundation and Nissin Food release recipes for wellbeing report
The first global study reveals a direct correlation between food and wellbeing The Ando Foundation and Nissin Food Products Co., Ltd. released the Recipes for Wellbeing Report, in cooperation with global analytics and advice firm Gallup, the first global study offering a fresh perspective on the food-wellbeing connection. The Foundation[Read More…]
Australia’s dietary habits at risk: CSIRO
A new report shows the nation is failing when it comes to embracing a balanced diet and even shows some of the occupations most at risk The CSIRO Healthy Diet Score report, released by Australia’s national science agency, canvassed the dietary habits of over 235,000 adults across the country between 2015-2023. The results[Read More…]
China’s Changyu brand challenges Moët & Chandon for valuable wine brand
The Brand Finance Alcoholic Drinks 2023 report, which provides an annual evaluation of the most valuable and strongest alcoholic drink brands, has revealed that Moët & Chandon has maintained its position as the world’s most valuable wine brand Changyu Pioneer Wine Company, China’s largest winery, is now a major contender[Read More…]
Nestlé earns world’s most valuable food brand title
Healthy Choice is a fresh new entrant as this year’s fastest-growing food brand Hershey holds onto the title as the world’s strongest food brand, with an AAA+ rating Nestlé (brand value up 8 per cent to $22.4 billion) once again earns the title of the world’s most valuable food brand, according[Read More…]