Food Industry News
A collection of Food latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
UK inflation hits worrying nine per cent as cost of food and energy rockets
UK inflation has hit a worrying nine per cent - the highest rate for 40 years - as the cost-of-living crisis continues to batter UK households. Official figures released today confirm earlier predictions that inflation has reached nine per cent as…
Locale Raises $14 Million For Its Curated Food Delivery Platform
Locale, a curated food delivery start-up, has raised $14 million in a round led by Andreessen Horowitz. Founded in 2020 and a graduate of Y Combinator, San Francisco-based Locale allows users to order from several restaurants and food businesses…
Food Tour Company That Revives Dubai Food Traditions
Before Dubai transformed into a glittery global hub with an international culinary scene, there were limited—albeit much loved—dining options that represented the city's mix of influences. Sisters Arva and Farida Ahmed have fond…
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Blinken to highlight food security in U.N. meetings
WASHINGTON, May 17 (Reuters) - U.S. Secretary of State Antony Blinken will travel to New York this week to chair a United Nations meeting on food security and discuss its link with conflict with the Security Council, the State Department said on…
My quest to follow Coco, the food delivery robot braving the streets of Houston
It became my mission to find out. Coco started in 2020 in Los Angeles and arrived in Austin and Houston this February and March, respectively. The company plans to roll the service out in Dallas and Miami soon. The robot comes in the form of a…
With the baby food shortage predicted to last months, pediatricians change recommendations - Poynter
Covering COVID-19 is a daily Poynter briefing of story ideas about the coronavirus and other timely topics for journalists, written by senior faculty Al Tompkins. Sign up here to have it delivered to your inbox every weekday morning. The Abbott…
India offered to help fix the global food crisis. Here's why it backtracked
New Delhi(CNN Business) A month ago, as Russia's war in Ukraine pushed the world to the brink of a food crisis, India's prime minister Narendra Modi offered to help countries facing shortages. 'We already have enough food for our people but our…
Inflation could force schools to shrink children's meals, warns food boss
Schools may have to reduce portion sizes for children's meals due to ratcheting costs, the boss of one of the UK's biggest food wholesalers has warned. Andrew Selley, chief executive of Bidfood, said schools might also use cheaper ingredients in a…
Can Brazil and Argentina satiate India's food oil hunger?
Bengaluru, India – Aneesha Thakur has used sunflower oil in her kitchen for as long as she can remember. Last week, she broke with that habit, buying a bottle of soybean oil instead to fry fish for her teenage sons. The neighbourhood…
Wheat prices are rising, along with food protectionism
Bread is one of the more crucial ingredients in maintaining world stability — and it's getting dangerously expensive. Why it matters: As food prices rise around the world due to the war, extreme weather and inflation, more countries are…
Plant-Based Food Industry Sees a Shakeout
Janet Grace Ortigas Categories: Business, Headlines Tags: Beyond Meat, Oatly, plant-based food, spot, wall street Plant-based Food Industry sees an inevitable shakeout as investor optimism meets realism. Even Wall Street is souring on plant-based…
49. Impossible Foods
Headquarters: Redwood City, California Funding: $2 billion (PitchBook) Valuation: $7 billion (PitchBook) Previous appearances on Disruptor 50 List: 4 (No. 24 in 2021) Impossible Foods is no longer a new name, but its mission hasn't changed:…
India isn't the only one banning food exports. These countries are doing the same
The war has triggered a huge spike in wheat prices, with Russia and Ukraine among the biggest exporters of the commodity. Many countries have banned wheat, as well as other food exports as a result of the Ukraine crisis. 'As the war continues…
Sri Lanka faces 'man-made' food crisis as farmers stop planting
Walsapugala, Sri Lanka – Mahinda Samarawickrema, 49, will not be planting paddy this season. After a government ban on chemical fertilisers cut his yield in half during the March harvest, the farmer, who owns eight hectares (20 acres) of…
Skipping meals and shrinking portions. Brits are being warned of 'apocalyptic' food price rises
A quarter of Britons have resorted to skipping meals amid worsening inflationary pressures and food scarcity concerns, according to one survey. More than four in five people in the U.K. are worried about rising living costs and their ability to…
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