The Philippines’ most positive on country’s economy improved within one year to 58 percent, 23 percent higher than the regional average of 35 percent. It is also the most upbeat country in relation to the enhancement of their personal economic situation in the upcoming 12 months, with 77 percent being confident, 17 percent more than the regional average of 60 percent GfK’s Consumer Trend Study 2022 report studied the issues that concerned consumers in Southeast Asia, India, and … [Read more...] about Asian consumers optimistic about economy and personal financial situation improving over the next 12 months
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Bluu Seafood presents first cultivated seafood products in Europe
Bluu Seafood, leading European Foodtech to produce cultivated fish and seafood, has presented the first market-ready products made from cultivated fish cells. Their fish fingers and fish balls contain cultivated fish cells as the main ingredient and have been enriched with plant proteins to optimize cooking behaviour and mouthfeel. The products have reached market readiness and will soon enter the regulatory approval process. Bluu Seafood targets initial approval and market launch in … [Read more...] about Bluu Seafood presents first cultivated seafood products in Europe
Hormel Foods Announces New Strategic Operating Model
Company transitioning to three operating segments to drive sustainable growth Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, on Tuesday announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market-driven. Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments – Retail, Foodservice and International. The One Supply Chain team will continue … [Read more...] about Hormel Foods Announces New Strategic Operating Model