Food industry

Startup Moldova Summit on March 14th: A Growing Tech Ecosystem to Watch

Retrieved on: 
Tuesday, February 6, 2024

CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.

Key Points: 
  • CHISINAU, Moldova, Feb. 6, 2024 /PRNewswire/ -- Moldova, a small Eastern European nation, is quietly emerging as a hub for startups and investors in the tech ecosystem.
  • What sets Moldova apart are its distinctive qualities, including the presence of Europe's first e-park, the Moldova Innovation Technology Park (MITP) .
  • Overview of Moldova's Startup Scene:
    Number of Startups: Moldova currently boasts 82 startups , spanning various industries from AgTech and InsureTech to WineTech, all contributing to the nation's growing entrepreneurial spirit.
  • Startup Funding: In 2022, 11 Moldovan tech startups raised a total of $11 million in funding, a significant increase in confidence from both local and international investors.

Metcash Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Monday, February 5, 2024

DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "Metcash - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 5, 2024 /PRNewswire/ -- The "Metcash - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insights into Metcash's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives.
  • In the liquor industry, Metcash supplies liquor to independently owned retailers operating under the Cellarbrations, IGA Liquor, and The Bottle-O brands.
  • In the hardware industry, Metcash services independent retailers operating under the Mitre 10, Home Hardware, Total Tools, and Hardings Hardware brands.

HÄNS KISSLE WELCOMES NEW CEO, RICARDO ALVAREZ, TO LEAD THE WAY IN DELIVERING HOME GOODNESS

Retrieved on: 
Monday, February 5, 2024

"We are happy to welcome Ric Alvarez into the Häns Kissle family," said Masa Hidaka, Chairman of the Board for Häns Kissle.

Key Points: 
  • "We are happy to welcome Ric Alvarez into the Häns Kissle family," said Masa Hidaka, Chairman of the Board for Häns Kissle.
  • "Ric is known in the industry as a thoughtful leader and mentor who has a track record of operational success and growth.
  • Alvarez brings more than 30 years of food industry experience to Häns Kissle, having spent time at successful family-owned, private equity-owned and large, publicly traded food companies.
  • "I'm thrilled to join Häns Kissle at this exciting time for the company," said Ric Alvarez, new CEO of Häns Kissle.

Steakholder Foods Announces First Private Sector Commercialization Deal Valued at Several Million Dollars

Retrieved on: 
Monday, February 5, 2024

REHOVOT, Israel, Feb. 5, 2024 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH), a pioneer in cultivated meat and 3D printing technology, announced its inaugural commercial MOU in the private sector with Wyler Farms, among Israel's leading alternative protein producer and premier Tofu producer. The terms of the deal involve Wyler Farms acquiring Steakholder Foods' state-of-the-art 3D Fusion Pro™ meat printer, along with a subscription to the company's SH Software™ and its NutriBlend™ ink for plant-based meat production.Top of Form

Key Points: 
  • The MOU includes expected production of a unique, plant-based 3D printed meat steak to be printed by Wyler Farms using Steakholder Foods proprietary printers and NutriBlend™ ink.
  • The collaboration, valued at several million US dollars over the coming years, represents a truly significant development in the plant-based meat industry (see future-looking statement below).
  • Yair Ayalon, Vice President of Business Development of Steakholder Foods, said: "This collaboration with Wyler Farm, one of the leading alternative protein producers, solidifies and enhances Steakholder Foods' commercial phase.
  • We are thrilled to expand our portfolio with premium plant-based steak and anticipate introducing additional premium products based on Steakholder Foods' technology.

Skip Introduces Inaugural Food Industry Award Celebrating Trailblazing Women in the Canadian Food Industry

Retrieved on: 
Monday, February 5, 2024

In its inaugural year, the SkipTheDishes Food Industry Award will recognize standout women from a diverse range of career paths, including chefs, restaurateurs and entrepreneurs.

Key Points: 
  • In its inaugural year, the SkipTheDishes Food Industry Award will recognize standout women from a diverse range of career paths, including chefs, restaurateurs and entrepreneurs.
  • Through the initiative, Skip aims to celebrate Canadian women in leadership roles in the food industry and inspire others to pursue similar career paths.
  • Changemaker: How is the Nominee acting as a role model for women in leadership roles in the food industry and beyond?
  • "We are thrilled to open up Canada's Most Powerful Women: Top 100™ Awards to an entirely new category of women in leadership, and see incredible women of the food industry receive the recognition they truly deserve through the SkipTheDishes Food Industry Award."

AGRANA showcases diverse organic portfolio for the food industry at BIOFACH 2024

Retrieved on: 
Monday, February 5, 2024

At the BIOFACH fair in Nuremberg, from 13 to 16 February 2024, all eyes will be firmly focused on innovation in the food industry.

Key Points: 
  • At the BIOFACH fair in Nuremberg, from 13 to 16 February 2024, all eyes will be firmly focused on innovation in the food industry.
  • For the fruit, starch and sugar group AGRANA, the world’s largest trade fair for organic foods is again the ideal stage to show off its organic expertise and present its comprehensive organic product range.
  • AGRANA is responding to this trend with a wide range of plant-based organic foods.
  • Organic starch adds value to nearly all organic products in the food and luxury food sectors.

Fresh2 Group Ltd. Announces Receipt of a Bid Deficiency Notice from Nasdaq

Retrieved on: 
Wednesday, January 31, 2024

Nasdaq’s Notice has no immediate effect on the listing of the Company’s ADSs on The Nasdaq Capital Market.

Key Points: 
  • Nasdaq’s Notice has no immediate effect on the listing of the Company’s ADSs on The Nasdaq Capital Market.
  • Pursuant to the Notice, the Company has been provided an initial compliance period of 180 calendar days, or until July 24, 2024, to regain compliance with the minimum bid price requirement.
  • To regain compliance, the closing bid price of the ADSs must meet or exceed $1.00 per share for a minimum of ten consecutive business days prior to July 24, 2024.
  • The Company intends to monitor the closing bid price of the ADSs and may, if appropriate, consider implementing available options to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

Edible Garden Provides Update on Sustainability Initiatives Including Walmart’s Project Gigaton

Retrieved on: 
Wednesday, January 31, 2024

BELVIDERE, NJ, Jan. 31, 2024 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, and sustainable produce and products, today provided an update on its sustainability initiatives, including the Company’s participation in Walmart’s Project Gigaton - an initiative to remove 1 billion metric tons (gigatons) of emissions in the global value chain by 2030.

Key Points: 
  • Edible Garden’s 2023 Project Gigaton impact has included:
    Mr. Jim Kras, Chief Executive Officer of Edible Garden, stated, “It is a privilege for us to continue our involvement in Project Gigaton, an admirable initiative aimed at eliminating 1 billion metric tons of emissions from the global value chain by 2030.
  • In total, Edible Garden’s contribution to Project Gigaton resulted in the avoidance of 115,600 metric tons of CO2 emissions in 2023.
  • Our participation in Walmart’s Project Gigaton resonates with our sustainability aspirations and is particularly gratifying."
  • The Company is also advancing sustainability initiatives, such as:
    Utilizing patented self-watering displays for Edible Garden products across the distribution network to extend the freshness of potted herbs and reduce waste.

GCC (Gulf Cooperation Council) Food Market Analysis Report 2024: Consumption is Expected to Reach 59.64 Million MT by 2028 - Regional Insights, Size and Trends with Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 1, 2024

GCC food market by consumption is expected to reach 59.64 million MT by 2028, growing at a CAGR of 2.90% during the forecast period of 2023-2028.

Key Points: 
  • GCC food market by consumption is expected to reach 59.64 million MT by 2028, growing at a CAGR of 2.90% during the forecast period of 2023-2028.
  • The GCC Food market holds immense potential for growth and innovation due to its strategic location and the region's burgeoning population.
  • The GCC Food market growth is driven by factors such as increased population, per capita income, and tourism.
  • Impact Analysis of COVID-19 and Way Forward:
    The COVID-19 epidemic had a negative impact on market trends in GCC food market.

United States Plant Based Food Markets, 2023 and 2024-2030: QSRs Fuel Plant-Based Food Revolution, KFC Leads the Way - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 30, 2024

The plant-based food market in the United States is predicted to grow steadily because of the growing demand for nutritious and eco-friendly options.

Key Points: 
  • The plant-based food market in the United States is predicted to grow steadily because of the growing demand for nutritious and eco-friendly options.
  • However, the increasing cost of plant based food may additionally avoid growth, especially in countries with low consumer per capita income.
  • The market for plant based food is rising, pushed by factors like health concerns, environmental focus, and changing consumer possibilities.
  • KFC, for instance, has become the first fast food chain to introduce a plant based chicken product to its menu.