Market News
Impossible Foods rolls out family-friendly products in the US
Impossible Foods has added three new products to its offering in the US. This article is available for reading in Trade magazin 2024/11 New products include Lion King Chicken Nugget...
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DairyX makes a breakthrough in dairy-free casein production
Israeli start-up DairyX Foods has made great progress in the production of dairy-free dairy products. This article is available for reading in Trade magazin 2024/11 The company has developed a...
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DélKerTÉSZ: record quantities of Hungarian vegetables in supermarkets
DélKerTÉSZ sold a record volume of Hungarian vegetables to domestic supermarket chains in the first eight months of 2024, and another milestone has also been reached: the Szentes-based producers are...
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Brits can now have their tea with a special oat drink
Glebe Farm Foods has created a plant-based drink called PureOaty Tea-rrific, which is designed for consumers who prefer to drink tea dairy-free. This article is available for reading in Trade...
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REWE offers animal-free cheese in Germany
REWE is offering cheese lovers a new sustainable cheese alternative: Frischhain, a completely animal-free cheese developed by the start-up Formo, is available in three different versions. This article is available...
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Responsible inspections in the winter season too
Seasonal markets and advent fairs in the winter remain popular with consumers. In each segment of the food chain – including production, HoReCa and retail trade – ensuring food safety...
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Idea fair in Kansas
On 7-8 October the Shop! Ideation conference, the biggest event of POPAI Hungary’s parent organisation, was held in Kansas City (USA). This article is available for reading in Trade magazin...
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A view from the NIQ lighthouse
The October meeting of POPAI Hungary was held at the NielsenIQ headquarters. This article is available for reading in Trade magazin 2024/11 Managing director Erik Vágyi welcomed participants, describing the...
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This year’s drought had a negative influence on the performance of the canning industry
This year the domestic canning industry bought a mediocre sweetcorn crop and a weak green pea crop. This article is available for reading in Trade magazin 2024/11 According to the...
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Cybersecurity: careless domestic firms could be sanctioned
On 18 October the NIS2 – the revised EU cybersecurity directive – came into force, covering thousands of companies in Hungary. This article is available for reading in Trade magazin...
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Hungary’s M&A market is going strong
Hungary’s transaction market has remained active in spite of the geopolitical uncertainties, according to a recent EY Mergers and Acquisitions (M&A) report. This article is available for reading in Trade...
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Co-op uses AI to fight GBP 40m losses in the UK
British supermarket chain Co-op is using AI technology to detect offenders carrying hidden weapons or stolen goods, after costs from theft and fraud rose by 19% to GBP 39.5m in...
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VOSZ Barometer: business sentiment is worsening again
The results of the VOSZ Barometer for the third quarter of 2024 declined in most parameters, it was revealed at a joint press briefing of the National Association of Entrepreneurs...
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SPAR innovates with AI-generated advertisements in Slovenia
SPAR is using AI technology to create promotional videos and in-store holograms on its digital channels in Slovenia, to raise awareness of its customer loyalty programme. This article is available...
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AI could have USD 1.6 thousand billion impact in North America by 2030
Retailers could benefit from the use of AI to varying degrees, according to the “2024 AI Readiness Index” of IHL Group. This article is available for reading in Trade magazin...
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In September only the trade outlook deteriorated significantly
In September domestic business expectations didn’t change very much. After July and August, the GKI Business Confidence Index was lower in September than in August only within the margin of...
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AI handbook for the communications industry to be published
Domestic trade organisations, including MAKSZ, MMSZ and MLE have teamed up under the leadership of Nikolett Blaskó to draft an industry code of practice for AI use. This article is...
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EHI: AI is revolutionising retail
According to a new study by EHI, there is great potential in using generative AI in retail trade. This article is available for reading in Trade magazin 2024/11 IT consultancy...
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Mondelēz uses AI to personalise marketing
Mondelēz is launching a new platform to improve its global marketing capabilities and better leverage consumer trends through the widespread use of AI technology. This article is available for reading...
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Shelf space restructuring at Tesco in the UK
Tesco is using AI technology to expand its range of healthy, convenient snacks and meals at more prominent points in its stores. This article is available for reading in Trade...
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Lower poultry prices
According to AKI’s slaughtering statistics, 487.3 thousand tonnes (live weight) of poultry were slaughtered in Hungary in the first eight months of 2024, 10.9% more than in the same period...
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The AI-revolution is yet to come
40% of companies are just getting to grips with the business potential of AI technology. This article is available for reading in Trade magazin 2024/11 Although three quarters of firms...
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EY Magyarország to launch pioneering new service with globally acknowledged managers
EY is launching a new service called AI Confidence, to provide an integrated approach for assisting companies in implementing AI solutions. This article is available for reading in Trade magazin...
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Winners of the HUNGAROPACK Hungarian Packaging Competition in 2024
The National Association of Packaging and Materials Handling (CSAOSZ) organised the 41st HUNGAROPACK Hungarian Packaging Competition in 2024. This article is available for reading in Trade magazin 2024/11 Several of...
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Signature 40 once again – Signature Platform takes things to the next level: Signature Alumni Club launched
This article is available for reading in Trade magazin 2024/11 Márton Nagy: – We are happy to report that we took things to the next level, as we received exactly...
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Measuring success for 20 years: double celebration by Superbrands Hungary this year
2004 was the year when Hungary’s leading brands were rated by the international Superbrands Programme for the first time. This article is available for reading in Trade magazin 2024/11 The...
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New products in the shower and outside!
This article is available for reading in Trade magazin 2024/11 According to a NIQ report, the shower gel market grew by 16.7% year-on-year in the January-August 2024 period. This growth...
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Rally for Hungarian food – for the 18th time
The Master Good Kft. team won the 18th edition of Coop Rally. As part of the professional programme promoting quality Hungarian food production and products, this year saw the teams visit six...
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Top level oral care
Oral care is no longer just a health issue, but also part of beauty care. A healthy oral cavity and sparkling teeth make a big contribution to the quality of...
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Bittersweet
This article is available for reading in Trade magazin 2024/11 “We see a growing trend in the bitter market, where we have been able to achieve growth with our flagship...
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