Author: admin
-Vyom Shah With the new year now in action, we all have the same thing in mind – What will 2023 bring for the F&B industry? Nowadays following the trend is not enough, you have to be ahead of the curve, and be intuitive about what may come next. So, if you are looking for the next big step for your business, keep reading! The year 2022 threw some crazy trends our way, but we got to learn many things! Putting it all together to improve customer satisfaction is the key here. People love to feel valued and small businesses…
-KH News Desk (cbedit@imaws.org) The Royal Tulip hotel in Navi Mumbai announces the opening of “Coast and Toast,” the first and only poolside bar in Kharghar, Navi Mumbai, to mark its tenth anniversary. The Toast indicates toasting to happy times, and the Coast represents the coast-side of the body of water. Combining the two results in Coast and Toast, a poolside bar with an Al Fresco dining concept that provides limitless food and drinks for a set price. The attractively decorated interiors of “Coast and Toast” are complemented by a large assortment of delicious treats. A cool, airy, and modern…
-KH News Desk (cbedit@imaws.org) ProV foods, a leading integrated commodities company with a large-scale presence in the dry fruits, nuts, seeds and berries segment, announced the launch of a new line of products called ProV Minis. Designed specifically for the Indian market, ProV Minis are perfectly proportioned mini snack-packs of flavoured dry fruits, nuts and seeds that are ideal for healthy on-the-go nutrition. Priced at a very affordable price point of just INR 30 per pack, ProV Minis are the perfect solution when you don’t have enough time to pack in a healthy snack for breakfast or are just confused…
-KH News Desk (cbedit@imaws.org) With the establishment of its first dispensary in the area on Saturday, Jan. 21, international cannabis brand Cookies today announced its entry into Thailand’s cannabis industry. The opening of Cookies Thailand, which is situated in the renowned international city of Bangkok for its food, music, art, and culture, represents a significant milestone for the company as it expands into a sixth nation and opens its 58th location worldwide. “The fact that my first time going to Asia is to open up a Cookies store is not something I could have ever imagined and really special,” said…
-KH News Desk (cbedit@imaws.org) LOTTE Confectionary, has agreed to invest INR 450 crores over the next five years in Gujarat-based Havmor ice cream one of India’s most popular and dependable ice cream brands,. Four years have passed since LOTTE Confectionery Ltd. paid INR 1,000 crores to acquire Havmor Ice Cream in December of 2017. With a significant presence in more than 20 states and 216 unique ice cream parlours, Havmor Ice Cream is currently one of India’s fastest-growing ice cream brands. “LOTTE sees India as a strategic market & this investment decision demonstrates the confidence that the group has on…
-KH News Desk (cbedit@imaws.org) In anticipation of a lack of marine resources that could result in a global food crisis, a major Japanese food firm has created plant-based seafood alternatives. It took NH Foods, often known as Nippon Ham, a year to create fish fries and popcorn shrimp using soybeans and other plant-based ingredients. It meticulously replicated their delicate texture and added a fishy flavour using seaweed extracts. It intends to launch the food sales in March. Following the successful development of hams and sausages utilising plant-based meat alternatives, the company expanded into alternative seafood. According to a UN Food and…
-KH News Desk (cbedit@imaws.org) The well-known FMCG company Pansari Group has declared plans to increase its market share in western and southern India. The business intends to swiftly expand geographically in both regions of India while also diversifying its product line. The expansion ambitions cover the entire western and southern markets as well as mid-market and upper-scale marketplaces. With a rising graph signifying sales and revenue that surpass their previous record, the brand has made growth. With a daily capacity of 720 metric tonnes and more than 315 SKUs, the group runs a massive chain of distributors and merchants that…
-KH News Desk (cbedit@imaws.org) Citri-Fi 400 series is a new line of organic citrus fibres introduced by Fiberstar, Inc., the industry pioneer in cutting-edge citrus fibers. The desire for natural, sustainable, and organic food ingredients is growing, which has led to the development of these new citrus fibers. Consumer health and wellness activities are on the rise, the availability of hydrocolloids is constrained due to supply chain issues, and sustainable company practices are becoming more visible, all of which are market factors boosting demand. “We are thrilled to add these new organic citrus fibers to our portfolio,” says President and…
-KH News Desk (cbedit@imaws.org) KFC South Korea will be acquired by Singapore-based Orchestra Private Equity (PE) from KG Group in a deal of between $48.5m and $56.6m. The Korean Herald reports that the private equity group will buy all of KFC South Korea. According to the news agency, the KG Group first put the restaurant chain up for sale more than a year ago. The fast food chain was purchased by the Seoul-based chemical-to-steel business KG Group in 2017. According to reports, Orchestra PE has signed a separate agreement with Yum! Brands, the parent company of KFC, changed the operating model from…
-KH News Desk (cbedit@imaws.org) The World Culinary Award was given to Anan Saigon in District 1 of HCMC after it was named Asia’s greatest restaurant for the first time by industry insiders and travellers. Anan, a restaurant owned and operated by Peter Cuong Franklin, is situated inside a former market on Ton That Dam Street next to the Bitexco Financial Tower and specialises in dishes influenced by street food. Franklin is also well-known for creating the $100 banh mi, a Vietnamese sandwich that comes with a side of fried sweet potatoes and caviar and is topped with French foie gras,…