Seafood

Food Grade Gases Market Set to Reach US$ 11 Billion by 2028 with a Notable CAGR of 5.67% Amid Increasing Demand for Fresh Packaged Food Products - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 28, 2023

The global food grade gases market has garnered unprecedented momentum, reaching a noteworthy valuation of US$ 7.9 Billion in 2022.

Key Points: 
  • The global food grade gases market has garnered unprecedented momentum, reaching a noteworthy valuation of US$ 7.9 Billion in 2022.
  • The market is on a robust growth trajectory and is predicted to ascend to a market size of US$ 11.0 Billion by 2028.
  • Food grade gases, including carbon dioxide, nitrogen, and oxygen, are integral in applications ranging from freezing, chilling, to carbonation and packaging of food products.
  • The rise in consumer expenditure and shifting preferences towards packaged and convenience food products have dramatically influenced the market landscape.

91% OF CONSUMERS PLAN TO CELEBRATE THANKSGIVING; 33% PLAN TO PURCHASE ALCOHOLIC BEVERAGES, NUMERATOR REPORTS

Retrieved on: 
Thursday, November 16, 2023

Nearly all U.S. consumers say they plan to celebrate Thanksgiving, with 88% planning to purchase food and 33% planning to purchase alcohol.

Key Points: 
  • Nearly all U.S. consumers say they plan to celebrate Thanksgiving, with 88% planning to purchase food and 33% planning to purchase alcohol.
  • Thanksgiving 2023 Consumer Sentiment Findings:
    Over 9 in 10 consumers plan to celebrate Thanksgiving 2023.
  • At least 91% of consumers plan to celebrate Thanksgiving this year, with another 5% still undecided.
  • Among those who plan to purchase alcoholic beverages for their celebrations, 70% plan to buy wine, followed by beer (57%) and spirits (28%).

Hideaway at Royalton in Montego Bay Officially Opens Its Doors

Retrieved on: 
Wednesday, November 15, 2023

Situated in the heart of Montego Bay, Jamaica, this adults-only oceanfront resort features 352 modern accommodations, twelve diverse dining options, pristine pools, a private islet, and endless entertainment, further bolstering Blue Diamond Resorts' presence in Jamaica with five distinct properties.

Key Points: 
  • Situated in the heart of Montego Bay, Jamaica, this adults-only oceanfront resort features 352 modern accommodations, twelve diverse dining options, pristine pools, a private islet, and endless entertainment, further bolstering Blue Diamond Resorts' presence in Jamaica with five distinct properties.
  • "As we strive to offer tailored experiences that cater to our guests' unique preferences, we are thrilled to introduce a new 'Togetherness' option for adults in the renowned destination of Montego Bay," stated Jordi Pelfort, President of Blue Diamond Resorts.
  • Over time, Hideaway at Royalton Resorts has become synonymous of exceptional adults-only vacations under the concept “Stay at 1 – Play at 2”, making them an ideal choice for couples, adult friends, and seekers of relaxation and reconnection.
  • A standout is the Diamond Club™ Chairman Beach Walkout Suite, a unique offering within the adults-only section with direct beach access.

Blue Star Foods Signed 2-Year Bid Award Purchase Agreement with Sysco Corporation

Retrieved on: 
Monday, November 13, 2023

Miami, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), announced a recently signed a 2-year bid award purchase agreement with Sysco Corporation.

Key Points: 
  • Miami, FL, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), announced a recently signed a 2-year bid award purchase agreement with Sysco Corporation.
  • The Bid Award Purchase Agreement is effective starting immediately, and is for purchase of Blue Star’s award-winning brands, such as Blue Star, Pacifika and Good Stuff.
  • John Keeler, CEO of Blue Star Foods, commented, “Market demand is always shifting its dynamics.
  • Sustainability is an integral part of Sysco Recipe for Growth business strategy and leading in responsible sourcing practices like seafood.

HF Foods Reports Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, November 9, 2023

LAS VEGAS, Nov. 09, 2023 (GLOBE NEWSWIRE) -- HF Foods Group Inc. (NASDAQ: HFFG) (“HF Foods”, or the “Company”), a leading food distributor to Asian restaurants across the United States, reported financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • Net revenue was $867.6 million for the first nine months of 2023 compared to $878.6 million in the prior year period.
  • To position the business for long-term success, HF Foods has initiated a comprehensive, operational transformation plan in an effort to drive growth and cost savings.
  • Fleet and Transportation: HF Foods will be establishing a national fleet maintenance program.
  • Digital Transformation: HF Foods will be implementing a modern ERP solution across all of its distribution centers.

Wild Planet Donates $1.1 Million in Food for 710,000 Meals in 2023 to Support Nationwide Hunger Relief & Accessibility to Nutritious Food

Retrieved on: 
Wednesday, December 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231213365483/en/
    Wild Planet Donates $1.1 Million in Food for 710,000 Meals in 2023 to Support Nationwide Hunger Relief & Accessibility to Nutritious Food (Photo: Business Wire)
    More than 44 million people in the United States are food insecure, with inflation and the rising cost of groceries leaving many without access to nutritious options1.
  • Wild Planet is committed to doing its part on and off land by helping those who need it most, providing sustainable, high-quality seafood options that keep our oceans wild.
  • In its partnership with Feed the Hungry this month, Wild Planet is donating $797,000 in food (the equivalent of 439,000 meals), which brings the brand’s 2023 donation total to $1.1 million (the equivalent of 710,000 meals).
  • This December donation consists mainly of Wild Planet’s Wild Sockeye Salmon with Skin & Bones, a calcium-packed option that is rich in vitamin D, protein, and EPA and DHA Omega-3 fatty acids.

Cambridge Savings Bank Provides Financing to Restaurateur Tom Schlesinger-Guidelli to Open New Seafood Restaurant and Market

Retrieved on: 
Tuesday, December 5, 2023

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced that it has provided a small business administration (SBA) term loan to restaurateur Tom Schlesinger-Guidelli.

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $6 billion in assets, today announced that it has provided a small business administration (SBA) term loan to restaurateur Tom Schlesinger-Guidelli.
  • The loan will be used to fund construction and related startup costs for his new venture, Hook + Line, a sit-down, full-service New England seafood restaurant and H + L Market, a fast-casual seafood market.
  • View the full release here: https://www.businesswire.com/news/home/20231205567883/en/
    Hook + Line Chef, Mark Cina (left), and Hook + Line Owner, Tom Schlesinger-Guidelli (right).
  • (Photo: Business Wire)
    Located in Boston’s fast-growing Seaport District, Hook + Line and H + L Market will reflect Schlesinger-Guidelli's version of modern neighborhood service and hospitality.

BlueNalu Welcomes Prince Khaled bin Alwaleed to Its Corporate Advisory Board

Retrieved on: 
Tuesday, December 5, 2023

BlueNalu, a global leader in the development of cell-cultured seafood announced today the addition of His Royal Highness Prince Khaled bin Alwaleed bin Talal Al Saud to its esteemed corporate advisory board during the 28th meeting of the Conference of the Parties (COP 28) in Dubai, UAE.

Key Points: 
  • BlueNalu, a global leader in the development of cell-cultured seafood announced today the addition of His Royal Highness Prince Khaled bin Alwaleed bin Talal Al Saud to its esteemed corporate advisory board during the 28th meeting of the Conference of the Parties (COP 28) in Dubai, UAE.
  • View the full release here: https://www.businesswire.com/news/home/20231205381996/en/
    Pictured at COP 28 in Dubai, UAE: His Royal Highness Prince Khaled bin Alwaleed bin Talal Al Saud of KBW Ventures and Lou Cooperhouse, founder, president & CEO of BlueNalu.
  • In 2019, BlueNalu established its corporate advisory board, which consists of influential leaders who have been instrumental in supporting the company’s strategic objectives.
  • “I am excited to join forces with BlueNalu and its distinguished corporate advisory board to further its mission to bring ethical cell-cultured seafood to global markets,” said Prince Khaled.

DP World Announces Start of Air Cargo Hub Operations in Punta Cana

Retrieved on: 
Thursday, November 30, 2023

DP World, a global leader in end-to-end supply chain solutions, announces its first export operations at its new air cargo logistics hub in Punta Cana, Dominican Republic.

Key Points: 
  • DP World, a global leader in end-to-end supply chain solutions, announces its first export operations at its new air cargo logistics hub in Punta Cana, Dominican Republic.
  • The Punta Cana Air Cargo Hub was created through a joint effort between DP World and the Punta Cana Free Trade Zone (PCFTZ), a subsidiary of prominent Dominican business group Grupo Puntacana.
  • DP World is currently transitioning operations to the new facilities; by the end of this year, all air cargo operations in and out of will be centralized through this hub.
  • DP World began operations in the Dominican Republic in 2003 at its port facility at the Punta Caucedo peninsula.

Prime Shrimp Brings Frozen Shrimp Offering to Los Angeles Market With Bristol Farms

Retrieved on: 
Wednesday, November 29, 2023

Prime Shrimp is thrilled to announce its retail expansion into Southern California through placement in Bristol Farms locations across the greater Los Angeles area.

Key Points: 
  • Prime Shrimp is thrilled to announce its retail expansion into Southern California through placement in Bristol Farms locations across the greater Los Angeles area.
  • Four flavors of Prime Shrimp are now offered to Bristol Farms shoppers, marking the latest milestone in Prime Shrimp’s coast-to-coast retail presence.
  • "Our vision at Prime Shrimp is to make delicious, high-quality seafood accessible to every type of shopper and home chef, and our mission is to get shrimp in the shopping carts of more consumers, more often,” said Davis McCool, Business Development Supervisor at Prime Shrimp.
  • From Prime Shrimp’s sauced line, Bristol Farms will offer French Quarter Alfredo and Garlic Herb Butter.