Digging into ‘carbon-negative claims’

Another Tyson closure / Walgreens formula settlement

Forward this email  |  View in browser JustFood In Brief March 13, 2024 SPOTLIGHT READ The problems with 'carbon negative' claims Carbon-neutral claims are so last year. Now brands involved in everything from beef to beer are calling their products 'carbon negative'. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Tyson Foods to shut US pork facility, hitting 1,200 jobs The move will affect more than 1,200 employees who work at the facility.   Walgreens reaches US settlement over infant formula prices New York Attorney General Letitia James said Walgreens raised prices on at least 20 baby formula products by 10% or more in 2022.   Greencore, Kraft Heinz feature in "slow payers" list from UK think tank Some major companies are taking more than 100 days to pay their invoices to suppliers, according to a UK-based think tank.   Danone pulls plant-based products from US shelves Danone said it stopped selling Silk Nextmilk and So Delicious Dairy Free Wondermilk in 2023.   Umami Bioworks and Shiok Meats merge to form "cultivated seafood platform" Based in Singapore, both companies are looking to bring cell-based seafood to market in the region, starting with eel "by early 2025".   Ivy Farm eyeing cell-based meat production in China The partnership will "involve generating and progressing investment opportunities to support the company's fundraising ambitions".   Wide Open Agriculture signs MoU to sell Dirty Clean Food The company's former CEO, Jay Albany, has stepped down from his role to take over the brand.   Vilvi Group invests in cheese production in Latvia Vilvi described the move as the company's "largest investment project" in 31 years. Read more news IN-DEPTH READ Pasta and Noodles Market Overview Per GlobalData, the pasta and noodles market size was estimated at $89.2 billion in 2022 and is likely to grow at a CAGR of more than 3% from 2022 to 2027. The rising health & wellness trend among consumers, busy lifestyles, and rapid urbanization will boost the demand for convenient and easy-to-cook pasta & noodles. Factors such as the rising disposable income levels and urbanization in major markets across the Asia-Pacific, such as China, Japan, and India will play an important role in fueling the sector's growth in the future. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Just Food Digital Magazine   Issue 55 | March 2024   In this issue: Indulgence in spotlight / The role of the CSO / Hill's Pet talks tech – and more Read the magazine Click below to view more from across the network: Verdict Foodservice   |   Just Drinks   |   Packaging Gateway   Was this email forwarded to you? Sign up here.   Please send any news or comments to: foodeditor@aroq.com   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences