Yeast-derived protein Hemami receives FDA approval
Precision fermentation companies have increased rapidly in number over the past decade and secured significant investments over the last three years.
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The lucrative UK takeaway sector is enticing fast-food giants from around the world
International fast-food chains have been attracted to the UK by strong takeaway sector growth during the COVID-19 pandemic.
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New technology can enhance customer experience and boost revenues at coffee shops
Coffee drinking is popular and, despite the challenges caused to coffee shops by the pandemic, new technologies can boost…
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Revamping of food delivery business imminent as future profitability is questionable
Despite growing order volume, the business model of food delivery apps is not sustainable in the long term.
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The meal kit industry boomed in 2020 and will continue to thrive beyond the pandemic
The global meal kit industry has witnessed a significant boom in recent years, in response to growing consumer demand…
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Nestlé’s bet on Starbucks plays its part in the groups best quarter of the decade
Nestlé reported a 7.7% jump in sales in the first quarter of the year, surpassing the 3.3% sales organic…
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Wolt raises $500m as appetite for food delivery grows
Finnish food delivery platform Wolt has reportedly raised $500m from global investor group, highlighting the strength of the sector.
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Greggs suffers first annual loss in 36 years but remains optimistic
Greggs has announced that it expects to record an annual loss of up to £15m for 2020. This would…
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Billionaire brothers lodge bid to buy ailing Caffe Nero
The billionaire Issa brothers, the brains behind petrol retailing powerhouse EG Group, have launched a takeover of one of…
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