Global Food and Beverage Trends 2024

Mintel recently released the Global Food and Beverage Trends 2024 report on changing consumer behavior and attitudes, which was co-authored by Mintel's global team of experts. Building on a fundamental value proposition - food and drink must taste good, provide value for money, reduce environmental impact, and preferably be relatively affordable - Mintel has identified three trends that are particularly worthy of brands' attention: "Trust the Process", "Age Reframed" and "Eating Optimised". (Fbif)

Pot ring food through the Hong Kong Stock Exchange hearing

On October 6, Pan Circle Foods (Shanghai) Co., Ltd. passed the listing hearing of the Hong Kong Stock Exchange. On the same day, it disclosed the information set after the hearing and was about to be listed on the Main Board of the Hong Kong Stock Exchange, with Huatai International and CICC acting as joint sponsors. From 2020 to 2022, the revenue of pot ring food was 2.96 billion yuan, 3.96 billion yuan and 7.17 billion yuan, and the gross profit was 330 million yuan, 360 million yuan and 1.25 billion yuan, respectively, and the first time in 2022 to turn a profit, net profit was 240 million yuan. As of December 31, 2022, the number of Wok-ring stores was 9,221. (Future consumption)

Haidilao responded to the pilot campus hot pot

Recently, some netizens posted that they saw Haidilao stores in Xi 'an University of Arts and Sciences. Haidilao said that the campus hot pot for the canteen dining needs of college students, launched the campus menu and special prices, including hot pot set, Bobo chicken set, snacks and other categories. Second financial inquiry Haidilao official customer service, the other party said that there is indeed a separate window for sale in the school, is expected to be on October 9 trial business, is a pilot. As for whether the price will be cheaper, the customer service said, "Currently there is no, but we will do preferential activities." (Read second finance)

Ninety-nine plans to build a central kitchen in Songjiang, Shanghai

Recently, 99 per cent announced on the Hong Kong Stock Exchange that the Group entered into a contract with the Shanghai Songjiang District Planning and Natural Resources Bureau to acquire the land use right of a site located in the Songjiang District of Shanghai for a period of 20 years, at a total cost of 22 million yuan. It is reported that the Group intends to build a central kitchen on the land for the procurement, storage and processing of food ingredients, as well as logistics and delivery functions. (Food evaluation)

KFC opens its first newsstand coffee

Recently, Guangzhou's first KCOFFEE newsstand opened and officially put into operation in Huanshi East Road. It is reported that this is the first cooperation between Guangdong KFC and Guangzhou Newsstand Co., Ltd. to explore the landing of a new offline consumption scene. Guangdong KFC and Guangzhou Newsstand Company signed a strategic cooperation agreement, the future will use their high-quality resources, establish long-term cooperation and win-win relationship, to help Guangzhou international consumer center city construction. KCOFFEE newsstands on the street meet the different needs of consumers, in addition to coffee, can also provide breakfast, cold drinks, children's books and so on. (China Beverage Express)

Fonterra works with the Irish APC Microbiome

Fonterra has partnered with APC Microbiome Ireland (APC) to form a new strategic research partnership. The partnership will focus on probiotics and human microbiome research, with a focus on creating innovative products that promote consumer health. APC has worked on research projects with more than 30 companies, including Kraft Heinz, DuPont and Nestle.

According to Fonterra, the new partnership with APC is a great opportunity for Fonterra to work with the world's leading experts in probiotics and microbiome research to enhance Fonterra's health and nutrition expertise and accelerate the development of differentiated new nutritional products. (foodbev)

Sweet Lala overseas capital landed in Indonesia

Recently, Sweet Lala's first overseas city landed in Indonesia, opening six stores in Jakarta. It is understood that the sweet Lala store in Jakarta is basically located in the downtown bustling area, and the decoration highlights the dopamine color aesthetics. Drinks in addition to the continuation of domestic star products a bucket of fruit tea, a bucket of family photos, but also contains fruit tea, ice cream and other products. (Institute of Consumer Research)

Fungal polysaccharide brand "fungus Tianchen" received tens of millions of strategic investment

The venture capital circle recently reported that the domestic fungal polysaccharide leading brand fungus Tianchen received tens of millions of yuan strategic investment from Qifu East, setting the largest financing scale of the fungal polysaccharide track A round. Public information shows that Mycelia Tianchen brand belongs to Shenzhen Mycelia Tianchen Biotechnology (Group) Co., LTD., is a set of research and development, production and sales of fungal polysaccharide products as one of the whole industry chain of big health brand, its competition barriers are mainly the mycelia liquid fermentation generation technology created by its research and development team. It is understood that the technology is the core key technology of the fungal polysaccharide collar industry chain, and the main technology for the cultivation of high-quality strains to produce mycelium, which is called the pearl in the crown of fungal polysaccharide by the industry. (Medicine)