EggTrack 2024 spotlights company progress on cage-free eggs across Europe, revealing where businesses are leading the way – and those that are falling behind. 🚦 In the UK, where 77% of the market is already cage free, 40 companies are included in the Spotlight and categorised as Leaders, In Progress, At Risk and Laggards: 🥚 19 companies are ‘Leaders’ (already 100% cage-free), including Waitrose & Partners, Marks and Spencer, Sainsbury's, Co-op, Greggs, McDonald's and PizzaExpress 🥚 7 companies are ‘In Progress’ (on track to reach 100% by 2025) including Tesco and Whitbread 🥚 11 companies are ‘At Risk’ (of missing the 2025 deadline) 🥚 3 companies are listed as ‘Laggards’ (have a commitment but are not reporting or have regressed on their progress) See the Spotlight 👉 https://lnkd.in/eybt-_Jf #EggTrack #EggTrack2024 #CageFreeEggs #CageFree #CageFreeCommitment #Sustainability #AnimalWelfare #ProgressReport #FoodIndustry #CorporateResponsibility
Compassion in World Farming - Food Business’ Post
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Why is Chick-Fil-A the busiest QSR while others are empty? Chick-fil-A isn't just about serving chicken sandwiches; it's about a vision and values that have shaped its identity and propelled its success. Founded by S. Truett Cathy in 1946, Chick-fil-A has grown from humble beginnings to become a beloved fast-food chain. What sets Chick-fil-A apart? Some key principles: 1. Exceptional Customer Service: Chick-fil-A prioritizes politeness, efficiency, and cleanliness, fostering a loyal customer base through top-notch service. 2. Quality Ingredients: From their signature Chick-fil-A Chicken Sandwich to salads and sides, Chick-fil-A maintains a commitment to using high-quality ingredients, ensuring a consistently delicious experience for customers. 3. Closed on Sundays: A bold move, Chick-fil-A's decision to close on Sundays reflects founder Truett Cathy's commitment to providing employees with a day of rest and worship. This values-driven approach has become integral to Chick-fil-A's brand identity. 4. Community Engagement: Chick-fil-A actively gives back to the communities it serves, supporting charitable causes and local initiatives. By investing in community involvement, Chick-fil-A has built strong connections with its customers. Chick-fil-A's success story offers valuable lessons for business leaders. Embrace exceptional customer service, prioritize quality in all aspects of your business, stay true to your values, and actively engage with your community. These principles can pave the way for lasting success and customer loyalty. #TheBiggerPictureGame #visionaryleadership
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One of my partners at Manna Tree, Steve Young, really summed up nicely why we exist and how we fit into the wider food system, in this interview. Worth a read if you are interested in food, food M&A and improving food alternatives. #foodindustry #healthyfood #longevity
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🌍 🍗 KFC: More Than Just Chicken! From the Colonel’s secret recipe to serving millions globally every day, KFC is a flavor-packed journey of heritage, innovation, and sustainability. 💚 ✨ 👉 Swipe through to learn more! #KFC #FingerLickinGood #FoodLovers #AlphaCapital #Focus #Sustainability #GlobalCuisine #KFCGlobal #Sustainability #InformativePost #InvestmentTalk #CapitalGrowth #FriedChicken #BusinessInsights #FoodAndFinance #CraveWorthy #LearnAndEarn #EntrepreneurMindset #TastyInvestments
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💰📈 Major Moves in Food Funding & Innovation 💡🌱 Funding, Acquisition, and Finance 🥛 Campbell Soup Sells Noosa Yogurt to Lakeview Farms – Campbell Soup is offloading its Noosa yogurt business to Lakeview Farms, enhancing Lakeview's fresh foods portfolio. Terms undisclosed. 🤝 🍔 Wonder Acquires Grubhub for $650M – U.S. food delivery platform Wonder acquires Grubhub from Just Eat Takeaway for $650 million, expanding its footprint in the competitive delivery market. 🚚🍕 Food Tech and Innovations 🐟 Forsea Foods Achieves Record Cell Density – Israeli startup Forsea Foods reports the highest cell density in cultivated seafood, making lab-grown eel meat more affordable than conventional options. 🧪🐠 🌿 DSM-Firmenich Unveils Flavour Innovations – DSM-Firmenich launches new solutions to bridge the plant-based dairy gap, enhancing taste and texture in alternatives. 🥛 📩 Sign up for our newsletter to stay up to date with news from the food industry! #FoodTech #FundingNews #SustainableFood #PlantBased #FoodInnovation #Acquisitions #GlobalExpansion
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Meet The Billionaire Family That Makes The Best Cheeses in America Many manufacturers spend millions developing a product before spending much more on marketing when it comes time to bring a new variety of cheese to grocery shops. However, Sargento spends millions on promotion to ensure that a new kind of cheddar or mozzarella is well-received, as the company's third-generation family CEO Louie Gentine explains. The 49-year-old Sargento chairman, who took over his father's business in 2013, claims, "I don't call them big bets because I don't think they're bets." Our options have undergone extensive screening. We've had more wins than misses with these excellent investments. With $1.8 billion in sales annually, Wisconsin-based Sargento is still a dominant player in the cheese industry because to this strategy. Sargento's market share of the $14 billion US cheese market is still expanding as the company approaches its 71st year in business. It currently holds the top spot in American natural cheese sales. #BillionaireFamily #CheeseMakers #AmericanCheese #GourmetCheese #CheeseLovers #ArtisanCheese #FamilyBusiness #CheeseExperts #LuxuryCheese #CheeseCraftsmanship #CheeseIndustry #FarmToTable #CheeseProduction #FineCheese #CheeseCulture #CheesePassion #CheeseMaking #CheeseLife #CheeseArt #GourmetFood #Foundingstartups
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McCain Foodservice Solutions has invested £46,000 into emerging street food ventures, aiming to tap into a burgeoning and diverse market. Street food has seen a surge in popularity in recent years, attracting a wide range of consumers, including younger demographics and those seeking more unique culinary experiences. This strategic investment enables McCain to broaden its revenue streams beyond conventional products and clientele. Moreover, McCain's support extends to aiding disadvantaged individuals seeking to enter the world of street food entrepreneurship. The success stories emerging from initiatives like Mission Kitchen are a testament to the impact of McCain's support, showcasing how even small investments can make a big difference! So here's to McCain Foodservice Solutions, for nurturing talent and uncovering opportunity in the ever-evolving world of street food! #StreetFood #EmergingMarkets #StrategicInvestment
McCain Foodservice invests £46,000 into...
thecaterer.com
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With grocery prices so high and on everyone’s mind. Savings matter to everyone. But that said. People still love discovering new brands and products. That new product they didn’t know yet they couldn’t live without. We’ve been intentionally leaning into “discovery” at Merryfield, PBC and the feedback from our consumers has been noticed for sure. We’ve gotten way more nice notes and zendrsk comments about recent brand partners than ever before. We’ve earned some trust with our audience and they know that all brands at Merryfield meet the same high ingredients standards. It makes trying new things easier for people that care about what they’re buying. Curated discovery is proving to big for us so we’re going to keep leaning in. Just in the last weeks new partners like. CLEAN Cause FLY BY JING Daily Harvest Good Foods Group, LLC Haven's Kitchen Bowery Farming Athletic Brewing Co. Little Sesame Pop & Bottle GoodSAM, PBC More to come. 🙂 #cpg #betterforyou #discovery #expowest #community Merryfield, PBC
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Plant-based cheesemaker Climax Foods has secured bridge funding it claims will fund operations through the year-end after a challenging period in which it has furloughed staff to conserve cash. CEO Dr. Oliver Zahn—an astrophysicist turned food entrepreneur who founded Climax Foods in 2019—explained: “We have raised bridge funds from existing investors to extend our runway to next year. As we close the round and money is coming in, we’re bringing people back from furlough... In line with the evolution of the company from largely R&D to multiple commercial rollouts phase, we are also restructuring and hiring for new roles on the commercial side.” According to Zahn: “We’re assembling a board with this term sheet, as right now it’s just me with a lot of advisors as we have not yet raised a priced round. We’re creating a more formal board with the conclusion of this round.” Asked whether he would remain in the CEO role, Zahn said: “TBD. In line with the commercial trajectory, we will be on the lookout for a strong commercial lead at the exec level, so I can focus on science and vision.” #foodtech #plantbased #plantbasedcheese #altdairy #foodinnovation #ai AgFunder Climax Foods
Plant-based cheesemaker Climax Foods secures bridge funding, plans restructuring
https://agfundernews.com
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https://lnkd.in/g8kNyuuJ No clear leadership? Listeria doesn’t care. Good reputation? Listeria doesn’t care. Been in business a hundred years? Listeria doesn’t care. USDA a little lax? Listeria doesn’t care. Don’t have answers for what happened? Listeria doesn’t care. You can’t run a food establishment without a clear chain of authority and responsibility from bottom to top. Yes Listeria doesn’t care and it proved it.
This company is so secretive its CFO didn't know who its CEO was
fortune.com
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🍔🌊 AKUA KELP BURGER STARTUP SHUTS DOWN Akua, the New York-based maker of the Kelp Burger, is ceasing operations, in what is the latest example of the trials of the vegan seafood sector. In a post on LinkedIn, founder and CEO Courtney Boyd Myers said the company’s board had decided to wind down in late April, seven years after it first began operations. “We had luck, but not enough. We had some wins, but they weren’t big enough,” she wrote. And in a joint post with the startup on Instagram, she said: “After many, many tough months and hard decisions, we are announcing that our Akua adventure has come to an end. And while we didn’t get to the destination that we envisioned when we were just at the start, we’re more proud than we are sad today.” Known for its plant-based meat and seafood products from regenerative kelp, Akua first launched its jerky analogue in 2019, followed by its flagship burger in 2021. Having raised $5.4M in funding, its products have been available at retailers and online platforms like Erewhon, VONS, Pavilions, Pop Up Grocer and Good Eggs, as well as at restaurants like PLNT Burger and Hula’s Island Grill. Many companies in the alternative protein space have felt the squeeze – whether through sales declines, layoffs or more drastic measures. In the last 12 months, Nowadays, SCiFi Foods and Sunfed® Meats have all ceased operations, while Mycorena has filed for bankruptcy. Ordinary Seafood and New Wave Foods Ltd, both startups making seafood analogues, have been forced to shut too. “Compared to alternative beef, pork, and chicken products, alternative seafood is still a nascent category with fewer companies tackling this problem,” Brittany Chibe, co-founder and CEO of cellulose-based seafood maker AQUA Cultured Foods, told Green Queen last month. The company is currently selling The Last Bundle, a combination of all its products, to sell off its remaining inventory. As for Myers, she said she wouldn’t be building “another supply-chain-related business for the foreseeable future”. Read the full article here: https://lnkd.in/d--wZyCr #GreenQueen #altprotein #futurefoods #foodsystems #sustainability
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