April 21, 2021

Markets

Get ready for future bonus: HOBART

HOBART launches new promotion to support the market “GET READY! for the future”: All of us are longing for a morecarefree atmosphere and enjoyable experiences outside of our own homes. However, we can only achieve this with safe hygiene concepts and functioning kitchens. With its new promotional campaign GET READY! FUTURE BONUS, the ware-washing technology

KFC Owner Yum Brands Reports Digital Sales of $17 Billion in 2020, Up By 45% YoY

Despite the blow of pandemic restrictions in 2020, Yum Brands’ earnings for the year topped analysts’ estimates. According to the research data analyzed and published by Stock Apps, the company’s Q4 2020 revenue grew by 3% year-over-year (YoY) to $1.74 billion, higher than the expected $1.72 billion. For the full year, digital sales rose by 45%

‘Better-for-you’ sweet treats

The drive towards healthier choices in food and beverages has become so strong that it is even relevant to treating. Taste quality is essential to confectionery, sweet bakery, ice cream and desserts, however, formulating ‘better–for–you’ sweet treats can be challenging.  Sugar is inherent to the concept of treating and is therefore a particularly important focus for ‘better–for–you’ development. In fact, research shows that 91% of consumers

Disruptions from COVID-19: ‘Build forward better’ not just get back to normal

New research examines disruptions from COVID-19 to the seafood sector and puts forth evidence-based recommendations for building future resilience in food systems.    New research on the impacts of COVID-19 disruptions to a highly globalized seafood sector reveals crucial lessons for making food systems more resilient in the face of future shocks, limiting threats to global food and nutrition security, and their negative impact on livelihoods and local economies.  Published in Global Food Security, the study outlines a food system resilience ‘action

£80m expansion of Selby plant: Boost to Yorkshire economy

Investment will create 75 new jobs and support hundreds more in the supply chain, as well as double production, add new lines and increase business for Yorkshire farmers. Italian-owned agribusiness Sedamyl has today announced major plans to expand its Yorkshire plant which will see it double production, create additional jobs, add new product lines, and provide an increased market

831 food and drink acquisitions in 2020

2020 broke records again for the number of food and drink transactions around the world, with 831 registered on the Zenith Global mergers and acquisitions database, an average of 16 each week. The total is 42 more than in 2019 and 40% higher than 5 years ago.  The number has risen every year since a

AOAC validated test to help protect staff, brands, business, and public health

The British Medical Journal has called meat plants the “new front line” in the COVID-19 pandemic.1 But they are not the only facilities at risk. A report released by shareholder advisor Pirc in September said there had been at least 1,461 SARS-CoV-2 infections and six deaths linked to the UK’s food processing plants this year.2

turned on black and grey laptop computer

US Online Food Delivery Market to Grow to $28.5 Billion

The global online food delivery market was worth $136.43 billion in 2020. It was a significant change over 2019’s $107.44 billion. According to the research data analyzed and published by Comprar Acciones, it is projected to grow by 11.1% in 2021 to $151.53 billion. In the US, the market is set to grow at 7.4%

brown almond nuts

Food trends and personal health in 2021

Innova Market Insights explore the key trends shaping exciting new food product development in the next 12 months. And, with consumers putting their health foot forward, almonds play a key role in helping manufacturers address evolving demands for clean-label, healthy and versatile ingredients from sustainable supply chains. With the onset of the global health pandemic,

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On New Year Resolutions

New Year’s Eve 2020: Current, representative study by mydays This is how Germans start into the year 2021: These traditions are particularly widespread / The most popular New Year’s resolutions for 2021 Same procedure as every year – this well-known sentence from a New Year’s Eve classic doesn’t apply at all this year. Because in

woman sitting on sofa holding teacup with coffee

66% in 2020 spent more on F&B

According to a survey conducted recently among Italians about the main changes in their perception in 2020 compared to past years, 66% of respondents declared that they have been spending more on food & beverage this year than in previous years. The Consumption Observatory of ShopFully, an Italian tech company working in Drive-to-Store, asked Italians

Kissabel® Rouge

Kissabel apples: Red from inside and outside

No tricks, no additives: just hard work and the unbelievable diversity of nature! At Kissabel, the season kicks off with exceptional colour and taste. Outstanding internal colour, low level of russeting, a consistent good quality, market growth: this is the assessment of the Italian and German partners for the 2020 season of the red varieties

Boomers & Gen Z: Differs on environmental & ethical issues

It’s not only on environmental and ethical issues that the two generations differ. The youngest consumers are much more price sensitive. Generation Z consumers are more concerned about the sustainability credentials of food and beverage products than Boomers, and find vegetarian and vegan products more appealing, new research shows. PR company Ingredient Communications surveyed 1,000

Leasing scheme for foodservice operators

A Rational iCombi Pro from just £5 a day – and an iVario from £8 per dayRational launches intelligent leasing scheme for foodservice operators Rational has launched a leasing scheme making it easier than ever for operators to get an iCombi Pro or an iVario, with costs from as little as £5 per day.  The

man wearing green polo shirt

MICHAEL KÖNIG APPOINTED

Michael König (56), CEO of Elkem ASA, has joined the Supervisory Board of Symrise AG. The Hildesheim District Court named Michael König to the Supervisory Board effective as of 15 January 2020. He will stand for election by the shareholders at the Symrise Annual General Meeting on 6 May 2020. Mr König will succeed Dr