As 2020 winds down, food and beverage industry observers are forecasting what trends will drive change in 2021. America’s trend-setting Whole Foods Market has released its predictions of ten trends that will matter in 2021.
Despite the tumultuous times, South African olive oil producers have managed to produce 30% more olive oil than in 2019. This is according to SA Olive, an association representing the common interests of the South African olive industry.
A big emerging global meat trend is nose-to-tail meat consumption, says local trends expert, Jonathan Cherry, and one he believes ideally suits South African culture.
Declared a superfood, the purplish fruit has allowed South African producers to sail through the setbacks of the coronavirus pandemic, exporting punnet after punnet of berries all year.
South Africa’s national state of disaster will be extended until mid-December, President Cyril Ramaphosa said on Wednesday evening as he announced normal alcohol trading hours would be allowed along with flights from all foreign nations to help an economic recovery.
The financing of new investments in agriculture has always relied on a healthy financial eco-system: active banks, sound insurers and lively futures markets. The next set of gains will come from new platforms that allow small and large firms to connect to each other and to their shared stakeholders. Reciprocal exchange of market data will make smaller, efficient players more visible to large buyers.
No-one could have predicted the catastrophic consequences that COVID-19 would have across the world with its impact having been felt across nearly all industries. South Africa’s wine sector acutely felt the impact with Wines of South Africa (Wosa) reporting that the sector is running at a R7.5 billion loss, with over 21 000 jobs lost so far because of the pandemic.
Food processing and packaging solutions company Tetra Pak South Africa has launched the Go Nature Go Carton campaign to highlight the growing population’s need for access to food packaging that keeps contents safe, nutritious and readily available.
The African Export-Import Bank (Afreximbank) has approved a US$400mn revolving credit facility for the Export Trading Group (ETG), to support agri-food supply chains in Africa amid disruption caused by Covid-19.