Australia’s national science agency, CSIRO, has contributed to a new, international study that has found consuming less carbs can potentially put type 2 diabetes into remission.
Mintel, the experts in what consumers want and why, has announced three key trends for the global food, drink, and foodservice industries, including analysis, insights, and recommendations centred around the ‘now’ (next 12 months), the ‘next’ (18 months+), and the ‘future’ (five+ years) of consumer behaviour:
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Saputo Dairy Australia, the operating subsidiary of Saputo. in Australia, is hereby issuing this media release to announce Cheer Cheese is the new name for Coon cheese in Australia. The name change follows Saputo’s careful and diligent review to honour the brand-affinity felt by our consumers while aligning with current attitudes and perspectives.
Pizza Hut Australia has made a strategic move as it continues to take a larger slice of the food-on-the-go consumer spend. The business has begun trialling service station kiosks to bring further accessibility to the brand. Driven by Allegro Funds, Pizza Hut has partnered with Euro Garages Australia and has opened its second kiosk in a Liverpool based service station in New South Wales, with a third planned to open in early 2021.
Whole Foods Market is a large American supermarket chain with a focus on organic products and has over 500 stores across the United States of America. Whole Foods is a wholly owned subsidiary of Amazon. Read more
Directly injecting steam as a means of sterilising and diluting liquid drink products is a well-established technique for beverages such as plant-based milk products, which are experiencing a boost in popularity. According to reports, sales of vegan-friendly, plant-based milks have surged over the past two years. In response to this increased customer demand, HRS Heat Exchangers has added a new Direct Steam Injection System to its established range of pasteurisation and sterilisation systems.
Olam Food Ingredients (OFI), the new operating group created after the reorganisation within Olam International Limited (OIL), is expanding its spices portfolio (Olam Spices) to meet the rising demand for authentic flavours with the acquisition of a supplier of premium green chilis, jalapeños and enchilada sauces.
Crop losses across the country directly as a result of ongoing labour shortages have continued to mount over the festive season, and have now topped $38 million. The National Lost Crop Register was launched in mid-December to capture the true cost to industry and the national economy from a lack of seasonal workers available to harvest fresh fruits and vegetables.
The Australian wine sector is projected to grow from A$11.3bn (US$7.9bn) in 2019 to A$12.7bn (US$8.7bn) in 2024, with a compound annual growth rate (CAGR) of 2.4 per cent, says GlobalData, a data and analytics company.
A new secure database of Australian farms has been constructed as part of a multi-year collaboration between the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and the Australian Bureau of Statistics (ABS).
In another sign that global food markets are on the precipice of change, cultured meat company Vow has banked US $6 million of fresh funding.
Murray River Organics Group (MRG) has the sold its Fifth Street, Merbein property for $5.5 million to Manta Farms, managed by US-based RRG Capital Management. The proceeds from the sale will be used to reduce debt.
There are numerous new food and drink products launched every month, but are those new products really what consumers want to buy? How can we know quickly if our new products just meet the requirements of our customers?
Seafood Industry Australia (SIA), the national peak body representing the Australian seafood industry, has applauded consumers for supporting their local seafood industry over the festive season and driving a 30 per cent growth in December seafood sales.
Australian food and beverage manufacturer SPC has launched its new corporate brand and vision, It’s Time For Better, in line with the company’s strategy to become a global business with best in class products.
Unleashed Software has launched the Business Booster competition to give Australian-based product businesses the chance to win a cash boost, software licenses, and ongoing mentorships to fast-track business growth. Any product-based business with growth ambitions can enter. There will be three winners and a People’s Choice winner, which will each get a share of $20,000 cash, a subscription to Unleashed and Xero, and mentorship from various industry experts. The winners will be announced on 25 January 2021.
Harris Farm Markets officially opened its Clayfield store with – for the first time anywhere – milk from Queensland’s multi-award-winning Maleny Dairies on the Sunshine Coast hinterland on tap.
Dr Julian McClements has an impressive resumé. He is a distinguished professor at Department of Food Science at the University of Massachusetts; adjunct professor, School of Food Science and Bioengineering at Zhejaing Gongshang University, China; and a visiting professor at Harvard University. He has more than 1,000 articles published, with 80,000 citations in other peoples’ papers, as well as 12 patents. He also published the book Future Foods: How Modern Science is Transforming the Way We Eat. When he talks, people listen.