Last week’s food news was full of development into new products in the food and tech industries.
Toronto software developer, Vikram Bhatia, created a mobile application that connects people based on their food preferences. Swiping right now has a potential to unite people over their favourite meals.
In terms of investments, one of Canada’s largest agribusinesses, Richardson International, invested $30 million to build an innovation centre in downtown Winnipeg.
The significant investments in the food industry go hand in hand with the growing popularity of meat-alternatives. Maple Leaf Foods recently invested in the largest insect farm in North America, Entomo Farms.
More on these stories and all the food news from last week below.
New PB&J dating app unites foodies
Toronto software developer and business student, Vikram Bhatia, created a new app called PB&J, designed to connect people with similar food preferences. Swiping right now unites foodies based on their favourite meals. What is the business model of the application, and how did Bhatia come up with the idea?
Read the full interview with the developer in the Toronto Star.
Second Harvest helps to improve the food and hospitality industries with new programs
Second Harvest, a Canadian food rescue charitable organization, is launching two initiatives this month to tackle current issues in the food and hospitality industries. The programs focus on the reduction of food waste and training programs for under-employed workers in the hospitality industry.
Read more about the initiatives at Food in Canada.
Richardson International invests $30 million to build innovation centre
Richardson International, a major Canadian agribusiness company, plans on building an innovation centre in downtown Winnipeg. The company is investing $30 million into a four-storey facility to advance the food and agricultural industries.
Read more about the story at Food in Canada.
Alternative-meat manufacturers aren’t keeping up with trends
The latest research by Mintel shows that meat alternatives are becoming more and more popular among Canadians. Even though more than half of Canadians include some form of meat substitute in their diet, the rate of new alternative-meat innovations in Canada is low.
Read more about the story at Food in Canada.
Maple Leaf invests in the largest insect farm in North America
Maple Leaf Foods is showing its recognition of the growing trend of meat alternatives with their investment in Ontario-based Entomo Farms. Entomo Farms is currently the biggest producer of insects raised for human consumption. The farm will use the funding to expand on its existing product lines.
Read more about the story in the Financial Post.
