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Five-storey chicken factory to be built in South Korea

One of the world’s largest poultry processing plants is to be built in a 150,000m2 five-storey factory in South Korea.

Amazon to acquire Whole Foods Market for £10.8bn

Amazon will acquire US organic retailer Whole Foods Market in a £10.8bn ($13.7bn) deal, the retailer revealed on Friday (June 16).

President Trump’s ditching of climate deal slammed

President Trump’s decision to ditch the 2015 Paris agreement on climate change has drawn criticism from UK business leaders and global companies.  

Chinese online grocery market ‘to double’ by 2020

The online grocery market in China is predicted to double in three years, as more manufacturers partner with retailers to boost sales.

Research aims to improve rice processing and reduce waste

Food waste during rice processing and poor nutrition in parts of the Indian population could be tackled, after Sheffield Hallam University was awarded £400,000 to undertake research to help support economic growth...

Nutella maker Ferrero appoints first non-family boss

Confectionery manufacturer Ferrero Group, known for producing Nutella hazelnut spread and Kinder chocolate, has appointed its first non-family ceo as part of a management restructure.

Vietnam is the fastest-growing convenience market

Asia’s fastest growing convenience market is Vietnam – which is set to achieve annual growth of 37.4% over the next four years – according to grocery think-tank IGD.

‘Climate change easier to tackle than diet change’

Combating climate change will be easier to achieve than improving global diets but both are interrelated, says a leading sustainability expert.

Fresh food drives £3.7bn growth in groceries

Fresh food saw the largest category growth in the grocery market last year, as consumers spent an extra £3.7bn on fast-moving consumer goods (FMCGs), according to new research by Nielsen.

Young’s Seafood targets US market

Young’s Seafood is planning a strong presence at the Seafood Expo North America in Boston next month – following news that the US is now the UK’s second largest export...

Opinion

Any US-UK trade deal will come at a price

Britain’s prospects of securing a trade deal with the US post-Brexit were one of the main items up for discussion (along with the North Atlantic Treaty Organization) during Prime Minister...

News in brief

Dairy ingredients maker in New Zealand yogurt deal

A Staffordshire-based ingredients supplier is to manufacture a range of natural yogurt mixes from New Zealand following a £700,000 joint investment.

Nestlé investigating Chinese fake food factories

Nestlé has joined Chinese authorities in investigating factories suspected of producing £12M worth of counterfeit food seasonings and sauces, including fake Nestlé products.

Irish food and drink exports top €11bn despite Brexit

Irish food and drink exports have topped €11bn (£9.76bn) annually for the first time – but the value of exports to the UK fell by 8% following currency fluctuations and...

Poultry producer launches halal subsidiary

One of the world’s largest exporters of poultry BRF – which operates a factory in the UK – has launched a subsidiary to target the growing halal processed foods market...

Sustainable food brands offer £837bn opportunity

Food and drink manufacturers could benefit from a £837bn opportunity by making their brands’ sustainability credentials clearer, Unilever revealed, after researching global consumers’ buying habits.

News in brief

Bakery fillings firm bought by Dutch giant

Lancashire-based bakery ingredients maker James Fleming & Co is to be sold to Dutch firm Zeelandia at the turn of the year.

Cargill opens China innovation centre

Global ingredients supplier Cargill has opened an innovation centre, designed to create new food products and flavours for its customers, in China.

Amazon launches zero checkout store

Online shopping giant Amazon has opened its first physical grocery store in the US, which allows consumers to pick up their purchases and walk out, without queuing to pay at...

Hilton Food Group plans for new Australian factory

Hilton Food Group is to build a new meat processing facility in Australia, to expand its packing capabilities.

News in brief

Premier Foods gets saucy in France

Premier Foods hopes to build on the successful launch earlier this year of Loyd Grossman cooking sauces in France with the trial of pouched products.

‘Record-high’ food stocks keep prices low: Rabobank

Global food prices will be kept low thanks to record-high stock levels, according to food and agribusiness bank Rabobank’s Global Outlook report. 

Trump wins US election on ‘Brexit, plus, plus, plus’ platform

Billionaire property tycoon Donald Trump is to become the 45th US president – in a shock election victory, after pledging a “Brexit, plus, plus plus” to “Make America great again” – leading critics...

Brexit food tariff cut is ‘ludicrous utopianism’: Clegg

Brexit enthusiasts who believe leaving the EU will result in lower food and drink tariffs are suffering from “ludicrous utopianism”, the former deputy prime minister has claimed.

European food firms hail EU-Canada trade deal

European food and drink manufacturers’ organisation FoodDrinkEurope has welcomed the signing of an EU trade deal with Canada, viewed by some as a model for the UK’s trade arrangements with...

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