EU states eye review of cross-border trade rules

French organic M&A / The Week in Data

Forward this email  |  View in browser JustFood In Brief May 24, 2024 SPOTLIGHT READ Nestlé's honey review, Comvita in takeover spotlight, Minerva deal blocked – Just Food's week in data Each week, we bring you a snapshot of the news through data. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS EU member states demand end to territorial supply constraints A 2020 study from the Commission found retailers could save around €14bn ($15bn) a year if they were allowed to source products without constraints.   Compagnie Léa Nature buys French peer Biothentic's bulk organic foods unit ABCD Nutrition said its sale of Biothentic's bulk operations will enable it to hone in on gluten-free products and fresh breads.   High Liner Foods buys minority stake in Norwegian salmon group The Canadian seafood major has secured a 4.5% ownership share in the the Atlantic salmon producer.   Dr Oetker coy over plan to sell soy chunks brand in Romania The frozen pizza maker wants to sell its soy pieces brand Inedit to a subsidiary of Austrian investment holding group Raifeissen.   1440 Foods to open US healthy snack plant The better-for-you snack company is investing $60m in its new factory located in Jeffersonville in Indiana.   UK meat sector warns of "unfair" import costs The BMPA has said "the real financial burden on importers" of the new border rules is higher than the UK government had estimated.   Mondelez fined in Europe for historical anti-trust breaches The company said in its defence the cases relate to "historical, isolated incidents, most of which ceased or were remedied" ahead of the EC probe.   Consumers "starting to let go of the shackles of very austere period" – Greencore CEO Dalton Philips A key thrust of Philips' Horizon strategy is getting profits back to pre-pandemic levels. 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