DOCSLIB.ORG

Food Tech FSV V63 Vfoodtechmatters

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Food Tech FSV V63 Vfoodtechmatters The State of European Food Tech 2018 in partnership with www.foodtech.vc €169 billion €6.5 billion €1 billion Combined value of global food tech venture capital invested in food tech 2018 estimated investment in ‘next unicorns, of which in Europe since 2013 generation’ food tech companies €30 billion €21 billion 63% From 9 European companies, vs. Value created by first wave of Annual growth in investment in ‘next €43B in the USA from 10 unicorns European food tech leaders gen’ since 2013, in 1,241 companies Europe produced 9 unicorns in Food Delivery received nearly The ‘next generation’ of food Food Tech, in the Food Delivery half of the €6.5 billion, but it tech entrepreneurs are focusing segment in the past five years only disrupts ~1% of the food on the 99%, reinventing retail market agriculture, food production and consumption 2 Food tech has created 35 unicorns globally, with a combined value of €169B, of which €30B from Europe Production & Distribution & Transformation Consumption Agri-tech Consumer brands eCommerce Restaurant tech Delivery Europe €30B USA €43B Asia €83B Rest of €13B World Source: Dealroom.co. Uber Eats excluded from €43 billion. 3 Food tech is clearly heating up: globally €42B in combined transactions in 2018 so far, excluding IPOs Global VC investment in food tech Global food M&A Global food tech IPOs € 49,5B € 14,3B € 29,4B € 27,3B € 12,2B € 9,5B € 6,9B € 3,0B € 9,1B € 3,8B € 2,2B € 3,2B € 1,9B – € 1,0B 2014 2015 2016 2017 2018E 2014 2015 2016 2017 2018 YTD 2014 2015 2016 2017 2018 YTD Notable investment rounds Round Notable acquisitions Transaction Notable IPOs IPO DoorDash (USA) $ 250M Growth Equity Ele.me (China) $ 3.0B acquisition Tilray (USA) $ 1.5B IPO Food delivery across the US and Canada Aug 2018 Meal ordering services in China by Alibaba & Softbank Medical cannaBis research and production July 2018 Instacart (USA) $ 150M Series E LevelUp (USA) $ 390M acquisition Meituan Dianping (China) $ 53B IPO Groceries delivered at your home Apr 2018 A user-engagement platform by Grubhub Online retail including food delivery Sep 2018 Ele.me (China) $ 3.0B Growth Equity Cornershop App (USA) $ 225M acquisition Delivery Hero (Germany) € 4.4B IPO Meal ordering services in China Aug 2018 On demand grocery delivery by Walmart Food ordering weBsite Jun 2017 Indigo (USA) $ 250M Series E Chewy (USA) $ 3.4B acquisition Blue Apron (USA) € 3.0B IPO Utilizing plant microBes to improve crops Sep 2018 Sells dog and cat food, treats, and supplies by Petsmart Food ingredients and recipes delivered Jun 2017 Deliveroo (UK) $ 385M Series F Whole Foods (USA) $ 13.7B acquisition HelloFresh (Germany) € 1.7B IPO Delivering premium restaurant meals Sep 2017 America’s healthiest grocery store by Amazon SuBscription service for premium quality food Nov 2017 Source: Dealroom.co 4 In Europe €6.5B in venture capital invested since 2013. Nearly half of that for five global food delivery leaders Food tech investment (€B) Top-5 delivery platforms (€B) Top-5 delivery platforms: € 2,0B €3.1 billion invested € 1,7B € 1,7B € 1,6B € 0,8B € 1,2B € 1,0B € 1,2B € 1,0B ‘Next Generation’ food € 0,9B tech: €3.4 billion invested € 0,8B € 0,3B € 0,7B € 1,0B € 0,9B € 0,4B € 0,7B € 0,2B € 0,5B € 0,1B € 0,2B € 0,1B € 0,0B 2013 2014 2015 2016 2017 2018E Source: Dealroom.co Note: 2018 is based on Jan-Sept annualized. 5 Following investment of €3.1B, five global food tech leaders emerged from Europe, worth a combined €21B 7x € 21B 2.8x € 8,8B Value creation Value (€ 3,1B) Investment Exit (IPO) Value today (2012-2015) ‘10 € 1.9B ‘17 € 4.4B € 8B ’01 € 0.1B ’14 € 1.8B € 5B ’11 € 0.4B ’17 € 1.7B € 2B ’00 € 0.1B ’16 € 1.0B € 3B ‘12 € 0.8B -- € 2-3B Source: Dealroom.co 6 Food delivery received nearly half of food tech investment in Europe. However, delivery is only 1.5% of the total consumption market OPPORTUNITY INCUMBENTS INNOVATORS DRIVERS €2 trillion GMV food consuMption § Convenience €21 billion -- § Better apps in Europe Delivery value created Food delivery : § Incredible choice - Just 1.5% of consumption €30 billion - Received ~half of food tech investment (€3 billion) § Service innovation €0,6tn 20x larger § Healthier options Restaurants § Personalisation § Online penetration is around 6% (10%+ in London, Beijing, Shanghai)(1) €1,1tn 37x larger Groceries § Services like Amazon Prime and Glovo are re-setting consumer expectations § Consumer focus on health €0,4tn 13x larger Alcohol & tobacco § Smoking alternatives Source: Eurostat data and Dealroom analysis. 1. KANTAR. 7 Primary Production Transformation Distribution & Consumption Input Farmers Traders Food companies Retailers Incumbents Global sales €500B €3 trillion €1 trillion €4 trillion Global: €6 trillion Europe: €2 trillion Innovators Alternative proteins Gene editing Big data integration Efficiency On-demand Clean label Biologicals Robotics Transparency Same day delivery Key themes Healthier food Marketplaces Indoor farming Shorter supply chains Private label New brands Next Generation Food Tech leaders emerging Food Delivery Next Generation Food Tech leaders emerging The next generation of European Food Tech entrepreneurs is gearing up for growth Tropic Biosciences $ 10.0M Jun 2018 Primary Production – Investment in Europe Develops high-performing commercial varieties of Genetic breeding tropical crops Series A Amount invested (€M) Number of rounds ecoRobotix € 9.0M May 2018 Farming robots € 300M 150 Manufactures robots that identify and remove weeds from farming crops Early VC Infarm $ 25.0M Feb 2018 € 252M € 250M Farming tech for grocery stores, restaurants, and local Vertical farms distribution centers Series A € 250M 125 Solynta € 16.0M Nov 2017 Potato breeding Hybrid potato breeding Series B € 200M 100 Nice Fruit € 35.0M Jul 2017 Preserves the cellular structure and organoleptic Freezing technology properties of the fruit during the freezing stages Growth Equity Agricool € 8.0M Jul 2017 € 150M 75 Technology to grow fruit and vegetables inside Innovative farming shipping containers Early VC Protix Biosystems € 45.0M Jun 2017 € 104M Insect-based ingredients High-quality insect based ingredients Late VC € 100M 50 M2i Life Sciences € 12.0M Jun 2017 Design, formulation and production of complex Crop protection molecules Late VC € 47M € 50M 25 Agrilution € 3.8M May 2017 Indoor farming € 24M A kitchen device that can grow vegetables and herbs Series A € 16M Ynsect € 13.8M Dec 2016 € 0M – Transforms insects into a nutrient resource for Insect-based ingredients Series B 2013 2014 2015 2016 2017 2018 agriculture Source: Dealroom.co Note: 2018 is based on Jan-Sept annualized. 9 New brands and innovative food concepts emerging Huel £ 20.0M Oct 2018 Food Transformation – Investment in Europe Powdered vegan food Nutritionally complete, powdered vegan food Growth Equity Amount invested (€M) Number of rounds Allplants £ 7.5M Sep 2018 Vegan € 500M 200 Makes and delivers Vegan meals Series A Simple Feast $ 12.0M Aug 2018 Healthy food box Makes and delivers vegetarian meals Early VC € 400M € 400M € 387M Mosa Meat € 7.5M Jul 2018 150 Tissue cultured meat The world’s first tissue cultured hamburger Series A € 300M Feed. € 15.0M Jun 2018 Natural complete meals in the form of drinks or Innovative food energy bars Early VC 100 Innovafeed € 15.0M Feb 2018 Agri-tech Sustainable way to produce protein Early VC € 200M € 175M MiniBrew € 2.5M May 2017 Brewing machine Smart beer brewing machine Early VC € 105M 50 € 100M BrewDog £ 100M Apr 2017 € 55M Beer brand A craft beer brewery Growth Equity € 30M XOLUTION € 45.0M Jan 2016 € 0M – Resealable cans Drinking products for increasingly mobile lifestyles 2013 2014 2015 2016 2017 2018 Early VC Source: Dealroom.co Note: 2018 is based on Jan-Sept annualized. 10 And continued investment in innovative distribution & consumption platforms Kolonial.no € 30.0M Aug 2018 Online Distribution & Consumption – Investment in Europe Norway’s largest online grocery store Late VC supermarket Amount invested (€M) Number of rounds Glovo € 115M Jul 2018 On-demand mobile app that connects customers with On-demand app € 700M 200 independent local couriers Series C € 640M Tiller Systems $ 13.9M Jun 2018 € 605M Restaurant Point-of-Sale solution for bars and restaurants Series B € 600M Gousto £ 28.5M Mar 2018 Home cooking 150 Delivers perfectly measured ingredients to cook at home Late VC € 500M € 440M FoodSpring € 22.0M Mar 2018 Fit food Innovative sports nutrition products Early VC € 400M € 377M Vivino $ 20.0M Feb 2018 Wine 100 The world's largest online wine marketplace Series C supermarket € 300M Muscle Food £ 10.0M Jan 2018 Healthy food Changes the way people buy healthy food online Early VC € 200M MatHem SEK221M Dec 2017 Online € 141M 50 Sweden's largest online food store Late VC supermarket Frichti € 100M € 30.0M May 2017 Food delivery platform designed to connect consumers Meal kits Series B € 28M to restaurants € 0M – Picnic € 100M Mar 2017 Online 2013 2014 2015 2016 2017 2018 Online-only supermarket without delivery costs Series B supermarket Source: Dealroom.co Note: 2018 is based on Jan-Sept annualized. 11 UK, Germany and France lead, in line with venture capital. But Italy and Spain stand out by number of rounds By amount invested By number of rounds UnitedGermany KingdomFranceSwedenSwitzerlandSpain NetherlandsIrelandFinlandDenmarkBelgiumItaly NorwayPortugal UnitedFrance KingdomGermanySwedenNetherlandsSpain SwitzerlandItaly DenmarkFinlandIrelandBelgiumNorwayPortugal 45% Amount invested in Food Tech 26% 2013-2018 20% 17% 12% 12% 8% 9% 5% 5% 7% 7% 3% 2% 4% 4% 1% 0% 0% 1% 1% 1% 0%
Load more

Recommended publications
  • Food Delivery Brands Head-To-Head the Ordering Operation
    FOOD DELIVERY BRANDS HEAD-TO-HEAD THE ORDERING OPERATION Market context: The UAE has a well-established tradition of getting everything delivered to your doorstep or to your car at the curb. So in some ways, the explosion of food delivery brands seems almost natural. But with Foodora’s recent exit from the UAE, the acquisition of Talabat by Rocket Internet, and the acquisition of Foodonclick and 24h by FoodPanda, it seemed the time was ripe to put the food delivery brands to the test. Our challenge: We compared six food delivery brands in Dubai to find the most rewarding, hassle-free ordering experience. Our approach: To evaluate the complete customer experience, we created a thorough checklist covering every facet of the service – from signing up, creating accounts, and setting up delivery addresses to testing the mobile functionality. As a control sample, we first ordered from the same restaurant (Maple Leaf, an office favorite) using all six services to get a taste for how each brand handled the same order. Then we repeated the exercise, this time ordering from different restaurants to assess the ease of discovering new places and customizing orders. To control for other variables, we placed all our orders on weekdays at 1pm. THE JUDGING PANEL 2 THE COMPETITIVE SET UAE LAUNCH OTHER MARKETS SERVED 2011 Middle East, Europe 2015 12 countries, including Hong Kong, the UK, Germany 2011 UAE only 2010 Turkey, Lebanon, Qatar 2012 GCC, including Bahrain, Kuwait, Qatar, Saudi Arabia 2015 17 countries, including India, the USA, the UK THE REVIEW CRITERIA: • Attraction: Looks at the overall design, tone of voice, community engagement, and branding.
    [Show full text]
  • PRE-MARKET REPORT 8 June 2021
    PRE-MARKET REPORT 8 June 2021 HEADLINES MARKET INDICATORS GCC CORPORATE NEWS, ANNOUNCEMENTS & DISCLOSURES • Creditors agree to restructure NMC Healthcare; DOCA plan urges lenders to bring down debt to USD 2.25bn from USD 7bn • FAB Properties partners with Emirates International Gas for gas supply • Air Arabia launches region's first service to Thailand's Phuket • MIS signs deal with Saudi Fransi Capital to set up fund to develop, operate data centres • Basic Chemical Industries Co. Announces an update on Commencement of work for Jubail project as well as a change in project costs from SAR 685mn to SAR 750mn • CMA approves Fitaihi’s request to cut capital to SAR 275mn • FIPCO renews SAR 73.7mn Islamic facility with Riyad Bank • Zahrat Al Waha Trading Company announces the repayment of a long-term loan from Alinma Bank • Barwa’s Dara in Lusail City offers additional apartments • CMA approves Kuwait Finance House USD 1bn Sukuk Issuance • ALBA shows resilience amid Covid, outlines 5-year strategic initiatives ECONOMIC, GENERAL & COMMODITIES NEWS • Mideast Stocks: Emaar lifts Dubai • China’s Alibaba to invest in cloud computing centre in Oman • Oman-India JV launches engineered quartz stone project in Sohar FZ • Total Fixed Internet Subscribers Rise 13.5 Percent till April 2021 • UAE central bank sets up 'whistleblowing' portal for misconduct, unethical practices • Saudi’s PIF, early Alibaba investor back Jordanian startup OpenSooq • CBK issues more debt instruments worth KWD 280m • Asia stocks open higher on record for MSCI's All-Country
    [Show full text]
  • Response: Just Eat Takeaway.Com N. V
    NON- CONFIDENTIAL JUST EAT TAKEAWAY.COM Submission to the CMA in response to its request for views on its Provisional Findings in relation to the Amazon/Deliveroo merger inquiry 1 INTRODUCTION AND BACKGROUND 1. In line with the Notice of provisional findings made under Rule 11.3 of the Competition and Markets Authority ("CMA") Rules of Procedure published on the CMA website, Just Eat Takeaway.com N.V. ("JETA") submits its views on the provisional findings of the CMA dated 16 April 2020 (the "Provisional Findings") regarding the anticipated acquisition by Amazon.com BV Investment Holding LLC, a wholly-owned subsidiary of Amazon.com, Inc. ("Amazon") of certain rights and minority shareholding of Roofoods Ltd ("Deliveroo") (the "Transaction"). 2. In the Provisional Findings, the CMA has concluded that the Transaction would not be expected to result in a substantial lessening of competition ("SLC") in either the market for online restaurant platforms or the market for online convenience groceries ("OCG")1 on the basis that, as a result of the Coronavirus ("COVID-19") crisis, Deliveroo is likely to exit the market unless it receives the additional funding available through the Transaction. The CMA has also provisionally found that no less anti-competitive investors were available. 3. JETA considers that this is an unprecedented decision by the CMA and questions whether it is appropriate in the current market circumstances. In its Phase 1 Decision, dated 11 December 20192, the CMA found that the Transaction gives rise to a realistic prospect of an SLC as a result of horizontal effects in the supply of food platforms and OCG in the UK.
    [Show full text]
  • Investor Book (PDF)
    INVESTOR BOOK EDITION OCTOBER 2016 Table of Contents Program 3 Venture Capital 10 Growth 94 Buyout 116 Debt 119 10 -11 November 2016 Old Billingsgate PROGRAM Strategic Partners Premium Partners MAIN STAGE - Day 1 10 November 2016 SESSION TITLE COMPANY TIME SPEAKER POSITION COMPANY Breakfast 08:00 - 10:00 CP 9:00 - 9:15 Dr. Klaus Hommels Founder & CEO Lakestar CP 9:15 - 9:30 Fabrice Grinda Co-Founder FJ Labs 9:35 - 9:50 Dr. Klaus Hommels Founder & CEO Lakestar Fabrice Grinda Co-Founder FJ Labs Panel Marco Rodzynek Founder & CEO NOAH Advisors 9:50 - 10:00 Chris Öhlund Group CEO Verivox 10:00 - 10:10 Hervé Hatt CEO Meilleurtaux CP Lead 10:10 - 10:20 Martin Coriat CEO Confused.com Generation 10:20 - 10:30 Andy Hancock Managing Director MoneySavingExpert K 10:30 - 10:45 Carsten Kengeter CEO Deutsche Börse Group 10:45 - 10:55 Carsten Kengeter CEO Deutsche Börse Group FC Marco Rodzynek Founder & CEO NOAH Advisors CP 10:55 - 11:10 Nick Williams Head of EMEA Global Market Solutions Credit Suisse 11:10 - 11:20 Talent 3.0: Science meets Arts CP Karim Jalbout Head of the European Digital Practice Egon Zehnder K 11:20 - 11:50 Surprise Guest of Honour 11:50 - 12:10 Yaron Valler General Partner Target Global Mike Lobanov General Partner Target Global Alexander Frolov General Partner Target Global Panel Shmuel Chafets General Partner Target Global Marco Rodzynek Founder & CEO NOAH Advisors 12:10 - 12:20 Mirko Caspar Managing Director Mister Spex 12:20 - 12:30 Philip Rooke CEO Spreadshirt CP 12:30 - 12:40 Dr.
    [Show full text]
  • Clickscapes Trends 2021 Weekly Variables
    ClickScapes Trends 2021 Weekly VariableS Connection Type Variable Type Tier 1 Interest Category Variable Home Internet Website Arts & Entertainment 1075koolfm.com Home Internet Website Arts & Entertainment 8tracks.com Home Internet Website Arts & Entertainment 9gag.com Home Internet Website Arts & Entertainment abs-cbn.com Home Internet Website Arts & Entertainment aetv.com Home Internet Website Arts & Entertainment ago.ca Home Internet Website Arts & Entertainment allmusic.com Home Internet Website Arts & Entertainment amazonvideo.com Home Internet Website Arts & Entertainment amphitheatrecogeco.com Home Internet Website Arts & Entertainment ancestry.ca Home Internet Website Arts & Entertainment ancestry.com Home Internet Website Arts & Entertainment applemusic.com Home Internet Website Arts & Entertainment archambault.ca Home Internet Website Arts & Entertainment archive.org Home Internet Website Arts & Entertainment artnet.com Home Internet Website Arts & Entertainment atomtickets.com Home Internet Website Arts & Entertainment audible.ca Home Internet Website Arts & Entertainment audible.com Home Internet Website Arts & Entertainment audiobooks.com Home Internet Website Arts & Entertainment audioboom.com Home Internet Website Arts & Entertainment bandcamp.com Home Internet Website Arts & Entertainment bandsintown.com Home Internet Website Arts & Entertainment barnesandnoble.com Home Internet Website Arts & Entertainment bellmedia.ca Home Internet Website Arts & Entertainment bgr.com Home Internet Website Arts & Entertainment bibliocommons.com
    [Show full text]
  • Mckinsey on Finance
    McKinsey on Finance Perspectives on Corporate Finance and Strategy Number 59, Summer 2016 2 5 11 Bracing for a new era of The ‘tech bubble’ puzzle How a tech unicorn lower investment returns creates value 17 22 Mergers in the oil ‘ We’ve realized a ten-year patch: Lessons from strategy goal in one year’ past downturns McKinsey on Finance is a Editorial Board: David Copyright © 2016 McKinsey & quarterly publication written by Cogman, Ryan Davies, Marc Company. All rights reserved. corporate-finance experts Goedhart, Chip Hughes, and practitioners at McKinsey Eduardo Kneese, Tim Koller, This publication is not intended & Company. This publication Dan Lovallo, Werner Rehm, to be used as the basis offers readers insights into Dennis Swinford, Marc-Daniel for trading in the shares of any value-creating strategies and Thielen, Robert Uhlaner company or for undertaking the translation of those any other complex or strategies into company Editor: Dennis Swinford significant financial transaction performance. without consulting appropriate Art Direction and Design: professional advisers. This and archived issues of Cary Shoda McKinsey on Finance are No part of this publication Managing Editors: Michael T. available online at McKinsey may be copied or redistributed Borruso, Venetia Simcock .com, where selected articles in any form without the prior written consent of McKinsey & are also available in audio Editorial Production: Company. format. A series of McKinsey Runa Arora, Elizabeth Brown, on Finance podcasts is Heather Byer, Torea Frey, available on iTunes. Heather Hanselman, Katya Petriwsky, John C. Sanchez, Editorial Contact: Dana Sand, Sneha Vats McKinsey_on_Finance@ McKinsey.com Circulation: Diane Black To request permission to Cover photo republish an article, send an © Cozyta/Getty Images email to Quarterly_Reprints@ McKinsey.com.
    [Show full text]
  • Gig Economy and Processes of Information, Consultation, Participation and Collective Bargaining"
    Paper on the European Union co-funded project VS/2019/0040 "Gig economy and processes of information, consultation, participation and collective bargaining". By Davide Dazzi (translation from Italian to English by Federico Tani) Updated the 20th of July 2020 Sommario Introduction ....................................................................................................................................................... 2 Gig Economy : a defining framework ................................................................................................................. 2 Platforms and Covid-19 ..................................................................................................................................... 6 GIG workers: a quantitative dimension ........................................................................................................... 10 On line outsourcing ..................................................................................................................................... 11 Crowdworkers and Covid-19 ....................................................................................................................... 14 Working conditions of GIG workers ................................................................................................................ 17 Covid 19 laying bare the asymmetry of social protections ............................................................................. 21 Towards a protection system for platform workers ..................................................................................
    [Show full text]
  • Elektronik Ticaretve Rekabet Hukuku Kapsaminda Çok Tarafli Pazaryerleri
    ELEKTRONİK TİCARETVE REKABET HUKUKU KAPSAMINDA ÇOK TARAFLI PAZARYERLERİ Tuğba Çelik 141102111 YÜKSEK LİSANS TEZİ Özel Hukuk Anabilim Dalı Özel Hukuk Yüksek Lisans Programı Danışman: Dr. Öğr. Üyesi Mete Tevetoğlu İstanbul T.C. Maltepe Üniversitesi Sosyal Bilimler Enstitüsü Ağustos 2019 i JÜRİ VE ENSTİTÜ ONAYI ii ETİK İLKE VE KURALLARA UYUM BEYANI iii TEŞEKKÜR Tüm bu süreçte desteğini esirgemeyen başta babam Celal Çelik ve annem Selda Çelik olmak üzere, tez danışmanım Dr. Öğr. Üyesi Mete Tevetoğlu’na, tüm dostlarıma ve yol arkadaşıma en içten teşekkürlerimi sunuyorum. Tuğba Çelik Ağustos 2019 iv ÖZ ELEKTRONİK TİCARET VE REKABET HUKUKU KAPSAMINDA ÇOK TARAFLI PAZARYERLERİ Tuğba Çelik Yüksek Lisans Tezi Özel Hukuk Anabilim Dalı Özel Hukuk Yüksek Lisans Programı Danışman: Dr. Öğr. Üyesi Mete Tevetoğlu Maltepe Üniversitesi Sosyal Bilimler Enstitüsü, 2019 İnternet ortamındaki gelişmelere bağlı olarak, ulusal ve uluslararası ekonomi çevrelerinde, hızla artan bir biçimde ağırlığını hissettiren elektronik ticaret ve elektronik pazaryerleri kavramının, kapsamı ve genel olarak ekonomik etkileri açısından önemi her geçen gün artmaktadır. Bu gelişmeler ile birlikte, elektronik pazaryerlerinde üreticiler, satıcılar ve alıcılar gibi talep sahiplerinin karşılıklı arz ve taleplerini kısa sürede ve daha avantajlı şartlarda buluşturan platformlar yani aracı hizmet sağlayıcıları, önemli bir figür olarak karşımıza çıkmaktadır. Aracılık hizmetleri sağlayan bu platformlar, regülâsyonlara ve özellikle de rekabet kurallarına uyum sağlama sürecinde bazı yapısal,
    [Show full text]
  • Food and Tech August 13
    ⚡️ Love our newsletter? Share the ♥️ by forwarding it to a friend! ⚡️ Did a friend forward you this email? Subscribe here. FEATURED Small Farmers Left Behind in Covid Relief, Hospitality Industry Unemployment Remains at Depression-Era Levels + More Our round-up of this week's most popular business, tech, investment and policy news. Pathways to Equity, Diversity + Inclusion: Hiring Resource - Oyster Sunday This Equity, Diversity + Inclusion Hiring Resource aims to help operators to ensure their tables are filled with the best, and most equal representation of talent possible – from drafting job descriptions to onboarding new employees. 5 Steps to Move Your Food, Beverage or Hospitality Business to Equity Jomaree Pinkard, co-founder and CEO of Hella Cocktail Co, outlines concrete steps businesses and investors can take to foster equity in the food, beverage and hospitality industries. Food & Ag Anti-Racism Resources + Black Food & Farm Businesses to Support We've compiled a list of resources to learn about systemic racism in the food and agriculture industries. We also highlight Black food and farm businesses and organizations to support. CPG China Says Frozen Chicken Wings from Brazil Test Positive for Virus - Bloomberg The positive sample appears to have been taken from the surface of the meat, while previously reported positive cases from other Chinese cities have been from the surface of packaging on imported seafood. Upcycled Molecular Coffee Startup Atomo Raises $9m Seed Funding - AgFunder S2G Ventures and Horizons Ventures co-led the round. Funding will go towards bringing the product to market. Diseased Chicken for Dinner? The USDA Is Considering It - Bloomberg A proposed new rule would allow poultry plants to process diseased chickens.
    [Show full text]
  • Just Eat/Hungryhouse Appendices and Glossary to the Final Report
    Anticipated acquisition by Just Eat of Hungryhouse Appendices and glossary Appendix A: Terms of reference and conduct of the inquiry Appendix B: Delivery Hero and Hungryhouse group structure and financial performance Appendix C: Documentary evidence relating to the counterfactual Appendix D: Dimensions of competition Appendix E: The economics of multi-sided platforms Appendix F: Econometric analysis Glossary Appendix A: Terms of reference and conduct of the inquiry Terms of reference 1. On 19 May 2017, the CMA referred the anticipated acquisition by Just Eat plc of Hungryhouse Holdings Limited for an in-depth phase 2 inquiry. 1. In exercise of its duty under section 33(1) of the Enterprise Act 2002 (the Act) the Competition and Markets Authority (CMA) believes that it is or may be the case that: (a) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, in that: (i) enterprises carried on by, or under the control of, Just Eat plc will cease to be distinct from enterprises carried on by, or under the control of, Hungryhouse Holdings Limited; and (ii) the condition specified in section 23(2)(b) of the Act is satisfied; and (b) the creation of that situation may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom for goods or services, including in the supply of online takeaway ordering aggregation platforms. 2. Therefore, in exercise of its duty under section 33(1) of the Act, the CMA hereby makes
    [Show full text]
  • FUTURE of FOOD a Lighthouse for Future Living, Today Context + People and Market Insights + Emerging Innovations
    FUTURE OF FOOD A Lighthouse for future living, today Context + people and market insights + emerging innovations Home FUTURE OF FOOD | 01 FOREWORD: CREATING THE FUTURE WE WANT If we are to create a world in which 9 billion to spend. That is the reality of the world today. people live well within planetary boundaries, People don’t tend to aspire to less. “ WBCSD is committed to creating a then we need to understand why we live sustainable world – one where 9 billion Nonetheless, we believe that we can work the way we do today. We must understand people can live well, within planetary within this reality – that there are huge the world as it is, if we are to create a more boundaries. This won’t be achieved opportunities available, for business all over sustainable future. through technology alone – it is going the world, and for sustainable development, The cliché is true: we live in a fast-changing in designing solutions for the world as it is. to involve changing the way we live. And world. Globally, people are both choosing, and that’s a good thing – human history is an This “Future of” series from WBCSD aims to having, to adapt their lifestyles accordingly. endless journey of change for the better. provide a perspective that helps to uncover While no-one wants to live unsustainably, and Forward-looking companies are exploring these opportunities. We have done this by many would like to live more sustainably, living how we can make sustainable living looking at the way people need and want to a sustainable lifestyle isn’t a priority for most both possible and desirable, creating live around the world today, before imagining people around the world.
    [Show full text]
  • Restaurants, Takeaways and Food Delivery Apps
    Restaurants, takeaways and food delivery apps YouGov analysis of British dining habits Contents Introduction 03 Britain’s favourite restaurants (by region) 04 Customer rankings: advocacy, value 06 for money and most improved Profile of takeaway and restaurant 10 regulars The rise of delivery apps 14 Conclusion 16 The tools behind the research 18 +44 (0) 20 7012 6000 ◼ yougov.co.uk ◼ [email protected] 2 Introduction The dining sector is big business in Britain. Nine per cent of the nation eat at a restaurant and order a takeaway at least weekly, with around a quarter of Brits doing both at least once a month. Only 2% of the nation say they never order a takeaway or dine out. Takeaway trends How often do you buy food from a takeaway food outlet, and not eat in the outlet itself? For example, you consume the food at home or elsewhere Takeaway Weekly or Monthly or several Frequency more often times per month Less often Never Weekly or more often 9% 6% 4% 1% Monthly or several times per month 6% 24% 12% 4% Eat out Eat Less often 3% 8% 14% 4% Never 0% 1% 1% 2% (Don’t know = 2%) This paper explores British dining habits: which brands are impressing frequent diners, who’s using food delivery apps, and which restaurants are perceived as offering good quality fare and value for money. +44 (0) 20 7012 6000 ◼ yougov.co.uk ◼ [email protected] 3 02 I Britain’s favourite restaurants (by region) +44 (0) 20 7012 6000 ◼ yougov.co.uk ◼ [email protected] 4 02 I Britain’s favourite restaurants (by region) This map of Britain is based on Ratings data and shows which brands are significantly more popular in certain regions.
    [Show full text]