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Market News

Globally, the cold storage market size is projected to hit USD330.2 billion by 2030 registering growth at a CAGR of 11.6% from 2021 to 2030, according to a new study by Precedence Research. In 2020, the market size reached USD110.2 billion and North America was the market leader. However,...

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A recent analysis by Frost & Sullivan’s (F&S) reported that the on-demand delivery services industry is set to grow with increasing internet penetration, mobile applications, and burgeoning internet subscribers. The gross merchandise value (GMV) of the market in the region is likely to reach USD49.72 billion by 2030, up...

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More than 250 students from the NOVA Culinary College in Vietnam attended a tailored webinar on December 7 where they learned about food safety and handling, as well as the benefits of cooking with U.S. poultry. Following the seminar, the students were invited to participate in a virtual culinary...

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National Poultry Day started as a small-town celebration in Versailles, Ohio in 1951 and expanded to an annual festival for thousands of Americans to celebrate and enjoy. This year it falls on Saturday, March 19. The U.S. poultry industry is the world’s largest producer and second largest exporter of...

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It is undeniable that eggs are a great source of protein packed with nutrients. Yet, the egg yolk has a bad reputation for being associated with heart disease – owing to its high cholesterol content.  However, this can be debunked to a certain extent as egg yolks are not...

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There are several herbs and spices with multiple potential health benefits, such as those with anti-inflammatory properties, cognitive boosters, and some that may even aid in fighting cancer, to name just a few. Turmeric, peppermint, and ginger are the go-to sources, among others. Well, long before modern medicine, the...

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More than 2 billion tones of food go uneaten around the world, almost double than previously thought, according to a recent report by the World Wildlife Fund (WWF) and British retailer Tesco. An estimated 2.5 billion tones of food are lost on farms or wasted by retailers or consumers...

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Singapore’s Fairprice Xtra and China’s Muji are among the global stores that are on their journey to become the Store of the Future in 2030, according to the Institute of Grocery Distribution (IGD). IGD recently published a report on the Top Stores to Visit in 2022. The report showcases...

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With bright colors and non-stop revelry, Chinese New Year, also known as Lunar New Year or the Spring Festival, is undoubtedly the most important event in the Chinese calendar. This year, it falls on February 1 and it is the Year of the Water Tiger. While the celebrations may...

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Fifty-six participants, representing home chefs, bakers, bakery students and food and beverage (F&B) owners benefitted from two culinary workshops facilitated by Chef Leon Lim, runner up at MasterChef Singapore (Season 2).  Organized by USAPEEC and American Egg Board (AEB) in collaboration with events company, The Planner Affairs, the workshops...

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