Market News

The Netherlands: masterplan for accelerating the switch to plant-based protein

The Netherlands: masterplan for accelerating the switch to plant-based protein
Date: 2023-03-30 21:51:28

The Dutch agri-food sector is planning to implement a “masterplan” to speed up the protein transition. Their initiative focuses on ensuring that farmers achieve greater vegetable yields, grow plant-based on...

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FDA claims plant-based milk labels should feature nutritional differences

FDA claims plant-based milk labels should feature nutritional differences
Date: 2023-03-30 21:43:13

Plant-based milk alternatives can be labelled as “milk,” but the US Food and Drug Administration (FDA) recommends that these drinks place nutritional information on their packaging, so that consumers can...

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Fava beans contribute to muscle building

Fava beans contribute to muscle building
Date: 2023-03-30 21:32:43

Fava bean peptides perform better than traditional animal-derived proteins – specifically milk protein – in muscle conditioning, claims a new study, which has been published recently in The Journal of...

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Iced coffee brands didn’t melt

Iced coffee brands didn’t melt
Date: 2023-03-30 17:31:27

Iced coffee prices have soared 40% and this put an end to the rapid expansion in the category. Volume sales still developed a little in 2022, but in the second...

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GVH says “green” advertising messages are often confusing

GVH says “green” advertising messages are often confusing
Date: 2023-03-30 16:37:05

As part of a comprehensive rapid check (a so-called sweep) in February 2023, the Hungarian Competition Authority (GVH) analysed the communication of 60 Hungarian websites, from the perspective of “green”...

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WFP’s global finance centre moves to Budapest

WFP’s global finance centre moves to Budapest
Date: 2023-03-30 16:36:18

Minister of Agriculture István Nagy has announced that the finance centre of the World Food Programme (WFP) will move to Budapest, adding that this step will contribute to maintaining safe...

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Sustainability symbol guide

Sustainability symbol guide
Date: 2023-03-30 16:34:41

In its Green Weeks campaign Auchan focuses on sustainable products for two weeks in stores. The retailer has decided to collect some of the most frequent classification terms and trademarks...

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Vanilla: treasure from a one-day miracle

Vanilla: treasure from a one-day miracle
Date: 2023-03-30 16:34:08

Key elements of ecological vanilla cultivation Growing in partial shade: vanilla orchids flourish well in partial shade, so they don’t need a lot of water. What is more, the risk...

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Old and new pillars

Old and new pillars
Date: 2023-03-30 16:33:43

This year EuroShop took place between 26 February and 2 March, and the trade fair was the biggest Retail and POP themed event in the world, too. This is also...

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Representatives of the POP industry come together again

Representatives of the POP industry come together again
Date: 2023-03-30 16:33:19

EuroShop is organised in Düsseldorf every third year, and this trade show is also important in the life of the POPAI and Shop! Association organisations because of the personal meetings,...

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Instead of fewer workers, lower costs is the way to go

Instead of fewer workers, lower costs is the way to go
Date: 2023-03-30 16:32:02

CEOs are the most pessimistic in Hungary PwC published the results of its 12th Hungarian CEO survey on 8 February 2023. The research was conducted with personal interviews between October...

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There is no economising when it comes to the health of children!

There is no economising when it comes to the health of children!
Date: 2023-03-30 16:31:43

During the Covid period parents purchased more vitamins for their children.  In the past classic multivitamins used to be the most popular, but today special combinations with vitamin D, vitamin...

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Nearly 5% contraction in FMCG sales in January

Nearly 5% contraction in FMCG sales in January
Date: 2023-03-30 16:29:14

The Central Statistical Office (KSH) has reported: like-for-like retail volume sales were down 3.9% in January 2023; adjusted for calendar effects, the sales drop was 4.5%. Grocery stores saw their...

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Egg’s price more than doubled in one year

Egg’s price more than doubled in one year
Date: 2023-03-30 14:35:44

Data from the Market Price Information System (PÁIR) of the Research Institute of Agricultural Economics (AKI) reveals: the price of eggs from caged hens (size M and L) was HUF...

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Association of egg producers: there will be no shortage of eggs in the coming days either

Association of egg producers: there will be no shortage of eggs in the coming days either
Date: 2023-03-30 14:08:46

There will be no shortage of eggs in the coming days either, but domestic production is not yet fully covering the Easter demand – said the vice-president of the Association...

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Hair raising new innovations

Hair raising new innovations
Date: 2023-03-30 14:04:10

We can differentiate between three segments in the hair care category: shampoo, conditioner and treatment. Hair care in general produced a robust, 16.6% value sales growth in 2022. Serum and...

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Instacart starts B2B service

Instacart starts B2B service
Date: 2023-03-30 12:10:18

Instacart has launched a B2B service, allowing businesses to place online orders of supplies and food from retailers. The new service is called Instacart Business and it allows businesses to browse...

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Dunnes Stores buys delivery company Buymie

Dunnes Stores buys delivery company Buymie
Date: 2023-03-30 12:08:43

Dublin-based same-day delivery company Buymie has been acquired by Dunnes Stores – according to Business Post. The newspaper says Buymie will continue to operate as an independent entity, with Devan Hughes...

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Tesco opens first GetGo store outside London

Tesco opens first GetGo store outside London
Date: 2023-03-30 11:46:15

In Birmingham Tesco has opened its first non-London GetGo store. Powered by Trigo technology, it is the largest autonomous Tesco store with a floor space above 4,000m². GetGo stores are...

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X5, Yandex Eats and Delivery Club team up

X5, Yandex Eats and Delivery Club team up
Date: 2023-03-30 11:44:07

Russia’s X5 group is expanding its partnership with online delivery aggregators Yandex Eats and Delivery Club, to offer food and non-food delivery from the online shop Vprok.ru in Moscow and...

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Russia’s Vkusvill starts Dubai operations

Russia’s Vkusvill starts Dubai operations
Date: 2023-03-30 11:42:37

Russian grocery retailer Vkusvill had closed its store in the Netherlands one year ago, but recently it commenced product sales in Dubai via the YallaMarket app, serving the many Russians that...

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Nescafé switches to cheaper and more sustainable packaging

Nescafé switches to cheaper and more sustainable packaging
Date: 2023-03-30 11:39:13

Nescafé Gold Blend and Nescafé Original are now sold in recyclable refill pouches, thanks to which money is saved and less packaging is used. The pack is resealable to help...

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Spain’s DIA joins forces with Pesca España to promote fish consumption

Spain’s DIA joins forces with Pesca España to promote fish consumption
Date: 2023-03-30 11:34:30

In Spain retailer DIA is cooperating with Pesca España in a project that popularises fish consumption in Spain, aimportant element of a healthy diet. In 2022, the retailer’s fish assortment...

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SPAR opens new stores in Angola

SPAR opens new stores in Angola
Date: 2023-03-30 11:28:26

In the past year SPAR opened its first nine SPAR Express stores in Angola. SPAR Angola sells freshly baked bread and pastries made on-site, and a wide range of convenience...

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Sesame seed allergy: the new regulation doesn’t work

Sesame seed allergy: the new regulation doesn’t work
Date: 2023-03-30 11:12:21

In the USA sesame seed has been put on the official list of allergens, which means that it now falls under the scope of strict rules, including labelling and production...

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Auchan: French hypermarkets perform better

Auchan: French hypermarkets perform better
Date: 2023-03-30 11:09:17

Auchan was able to grow again in the French home market for the first time in nine years. In particular the company’s hypermarkets – which have been under pressure for...

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New modules added to the online education platform of Coca-Cola Magyarország

New modules added to the online education platform of Coca-Cola Magyarország
Date: 2023-03-30 11:07:20

Taxation course material has been added to the free online learning material of Coca-Cola Magyarország, which is called #myfuture. The learning modules were compiled by tax experts, and they cover...

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Food inflation affects bank card spending too

Food inflation affects bank card spending too
Date: 2023-03-30 11:04:55

A report by K&H reveals that the more than 40% food inflation has had an influence on bank card spending as well: last December shoppers with a K&H card purchased...

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K&H: more than 250% growth in smart device transactions

K&H: more than 250% growth in smart device transactions
Date: 2023-03-30 11:00:40

K&H’s solutions designed for smart devices produced spectacular growth last year. Customers realised 250% more transactions using the Google Pay, Apple Pay, Garmin Pay and Xiaomi Pay services than in...

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Information on the use of protected geographical indications

Information on the use of protected geographical indications
Date: 2023-03-30 11:00:21

Producers who wish to produce and sell a product under geographical indication protection (protected origin) can register with the plant and soil protection department of the regionally competent county government...

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