2020 was a breakout year for 'agrifoodtech' companies as the sector attracted over $26.1bn worldwide in investment, a 34.5% increase from 2019, according to global venture capital firm AgFunder's 2021 investment report.
The closure of out-of-home foodservice channels and having more time on our hands during lockdown has raised interest in home-cooking and, new research suggests, this trend could have sticking power when restrictions ease.
The global no/low alcohol market is projected to continue growing as consumers seek to reduce their alcohol consumption. “What we’re seeing is a moderation trend that’s sweeping across key global markets, and that’s bringing with it increased demand for...
Following recent news that The European Union will contribute €25m to boost the sustainability of cocoa production in Côte d'Ivoire, Ghana and Cameroon, the first session at this year’s Chocoa21 conference, held online from Amsterdam, could turn...
As February draws to a close, what food innovation are we seeing on-shelf? In this week’s new product development photo gallery, we look at Danone-owned Cow & Gate’s launch of A2 protein milks, The Collective’s new Plant range of dairy-free yoghurt...
What do canned baked beans, low fat fruit yogurt, ice cream, pre-packaged sliced bread, ready-made pasta sauces, and breakfast cereals with added sugar all have in common?
IGD has set out its ‘vision for the future’ with a new identity and ‘purpose’. FoodNavigator speaks to CEO Susan Barratt about how this reflects the challenges faced by today’s food industry.
‘Clean label’ is an industry term that speaks to consumer demand for recognisable ‘pantry cupboard’ ingredients. But, without a clear definition, the meaning of clean label is evolving. What other mega-trends will shape the future of clean label innovation?
The frozen food revival will thrive post-pandemic as it offers a greater array of indulgent items and as consumers seek solutions to the problem of food waste, says the British Frozen Food Federation.
In exciting news for KitKat-loving vegans, Nestlé has confirmed plans to roll out a plant-based version of the chocolate favourite this year. Elsewhere in new product development across Europe, vegetarian chicken salt crisps are coming to the UK, Bauer...
Danone is coming under increasing investor pressure to invigorate its brands – an effort that requires innovation and investment. The group’s International CEO, Véronique Penchienati-Bosetta, says that the company’s new ‘Local First’ strategy will deliver...
Sales of organic and Fairtrade certified products continued to shine in 2020 as concerns over the climate impact of food production and the COVID-19 crisis put ethical consumerism in the spotlight.
UK consumers will continue to shop more locally and seek out locally produced products throughout 2021 and online sales will continue to flourish, according to new research from Lumina Intelligence. However, there is a cloud on the horizon: the recessionary...
In the UK, 2020 saw frozen fish sales surge in retail, while premium seafood struggled to find its way onto restaurant diners’ plates. What do experts predict for the post-COVID ‘new normal’? And how can brands make the most of this changing retail landscape?...
