Search Results for: food

Over the past year, the European Union’s (EU) dairy industry has weathered two storms: the departure of Great Britain from the EU single market and customs union, during the unprecedented lockdown measures adopted to contain Covid-19, all while EU lawmakers haggle over a major shakeup of agricultural regulations.…

The International Public Sector Accounting Standards Board (IPSASB) has unveiled comprehensive proposals to reform how government and other public sector bodies measure their assets and liabilities. The board is proposing generic guidance on fair value assessments for the first time. It is also helping public bodies value heritage and infrastructure assets.…

Amos Sweets, a veteran global confectionery supplier based in Shenzhen, Guangdong province, aims to be the face of China’s new generation of candy maker through offering novel, nourishing, high quality sweets.

Investors have bought into the idea. In early 2021, the company received an investment of nearly Chinese Yuan Renminbi CNY100 million (USD15.6 million) through a series A funding round.…

INNOVATIVE confectionery and sweet bakery companies will be able from next month (July) to explore applying for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies needing to form international consortia focused on food, ingredients and packaging projects to have the best chance of securing funding.…

EUROPEAN Union (EU) ministers have backed the EU Chemicals Strategy for Sustainability proposed by the European Commission last October (2020), clearing the political path for tougher controls. The EU Council of Ministers, in formal conclusions, backed the five policy priorities within the Commission’s plan – more innovation regarding safe and sustainable EU chemicals; tougher laws tackling chemical-based environmental and health concerns; simplifying and consolidating EU chemical laws; improving the EU’s knowledge database on chemicals; and promoting global food practice on managing chemicals.…

If the international food industry wanted to look for a national market segment that is growing fast and offers real sales volumes, it would do well to examine the Indian cheese market. Sales are projected to reach USD1.7 billion by 2024, according to by India-based market researcher IMARC, being predicted to increase 25% annually from a base of USD430 million in 2018 – see ‘Cheese Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024’ (1).…

THE EUROPEAN Union (EU) food and drink sector is keeping a close eye on discussions to overhaul EU food regulations through a broad decarbonisation and health plan which will impact food production, processing, packaging, and marketing. The EUs revised ‘Farm to Fork’ strategy, released last May (2020) aims to reduce fossil fuel use and food waste, promoting healthier diets and organic farming.…

The confectionery industry has weathered Covid-19 lockdowns better than many sectors, even seeing a rise in consumer demand across Europe. But producers of fresh bakery products have been hit hard, as have baked goods and confectionery firms that focus on catering.…

While the antibacterial properties of textiles have been a trend in the fashion sector for some time, particularly for athleisure clothing integrating odour-limiting properties, Covid-19 has prompted many textile and fashion companies to conduct research and development into fabrics and clothing killing or harming viruses. …

Mozambique’s tobacco leaf and processing sector is facing tough times. Cyclones such as this January’s Eloise, and Idai in 2019 have wreaked significant damage on tobacco plantations. Covid-19 has caused processing disruption and harmed legitimate distribution, encouraging an increase in black market cigarette sales.…