Make Aussie code obligatory, report argues

German meat decline / Veg oil prices bubble up

Forward this email  |  View in browser JustFood In Brief April 08, 2024 SPOTLIGHT READ The business benefits of UK grocers' "Best of British" promos UK food retailers The Co-op and Waitrose are running "Best of British" campaigns on their websites. Hi manoj, tell us what you want to see more of Take our quick survey to share your thoughts about our newsletter  Take the survey LATEST NEWS Australian supermarkets should face greater penalties for violating code, says report "The voluntary code of conduct has no penalties, leaving the competition watchdog chained up on the back porch," the report's lead author said.   Meat consumption hits new record low in Germany Poultry bucked the overall trend, with per-capita consumption rising.   Vegetable oil causes food commodity index to simmer – FAO Rising international prices of vegetable oils, dairy products and meat pushed the index towards its first increase in seven months, the FAO said.   India court rejects government claim over Nestlé Maggi affair The Indian Department of Consumer Affairs accused the business of selling "defective products" containing lead and MSG back in 2015.   ERP move eats into Lamb Weston Holdings sales, profit forecasts Robert Moskow, food and agribusiness equity analyst at investment banking group TD Cowen, described the outlook as "not good".   Vandemoortele secures US production with move for bakery peer Banneton Vandemoortele has a commercial office in the US but, until now, its production assets have been in Europe.   PepsiCo to close US Quaker Oats facility hit by salmonella recall The closure of the factory comes after PepsiCo had to pause output at the facility last December due to the possible contamination of products with salmonella.   Synlait Milk troubles grow, Stryve Foods aims for profit milestone, Tony's Chocolonely noses down in US – Just Food's week in data Each week, we bring you a snapshot of the news through data. Read more news IN-DEPTH READ Americas Food and Grocery Sector Overview Per GlobalData, the Americas food and grocery sector size was USD 2,548 billion in 2022, and is expected to grow at a CAGR of >3% by 2027. In 2022, the food category dominated the Americas food and grocery sector and will continue to dominate the market growth. Hypermarkets, supermarkets, and hard discounters was the leading distribution channel in 2022. 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