Blood Meal News

Recent industry report about Blood Meal company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Blood Meal Market industry experts.

Blood Meal News

  • May 2022: Darling Ingredients acquired Fasa Group for USD 560 million to expand its geographical presence and new product offerings in the global blood meal market.
  • January 2020: Darling Ingredients acquired 100% equity in EnviroFlight and increased its investment in innovative specialty proteins and feed sustainability.
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  • March 2024: Louis Dreyfus Company (LDC), in partnership with Saint-Denis Dairy of the SAS Hotel (LSDH), has introduced Montebello Brasil, a new fresh fruit juice brand. Montebello Brasil offers a 100% natural orange juice product, ensuring the traceability of the oranges.
  • October 2023: Mercadona, Spain's leading supermarket chain, has introduced a campaign to promote national produce. As part of this initiative, the company sold citrus fruits, including oranges, sourced from orchards in Valencia, Andalucía, Murcia, Catalonia, and the Canary Islands between 2023-2024.
  • June 2024: At a Cotton Council International (CCI) event in New Delhi, US and Indian textile industry leaders emphasized the strengthening trade relationship, with US cotton becoming a preferred choice for Indian spinners. The discussions underscored the complementary nature of US cotton and Indian textile industry needs, fostering a mutually beneficial partnership for Indian spinners, textile mills, and manufacturers.
  • September 2023: Cotton Inc. has introduced RESTech COTTON technology, a performance sheeting solution. This technology combines comfort, durability, and softness while focusing on sustainability. This innovation is expected to increase cotton demand from the textile industry.
  • July 2024: Bayer introduced the DEKALB rapeseed hybrid, DK401TL, to Western Canadian farmers. This hybrid is Bayer's highest-yielding rapeseed variety, outperforming competitor hybrids. It includes a comprehensive agronomic package designed to enhance overall performance.
  • April 2024: The Oil Crops Research Institute of the Chinese Academy of Agricultural Sciences has developed a new rapeseed variety that improves typical yields by approximately 50 percent. This innovation will help China enhance its self-sufficiency in vegetable oils and protect against unexpected production disruptions. The new crop has a harvested yield of 11.07 kg per hectare, representing a potential oil output of around 4.89 kg per hectare.
  • January 2024: African Agriculture Holdings Inc. inked a multi-year agreement with South Korea’s Dr. Kahn, sourcing alfalfa from its expansive 700-hectare farm in Senegal. The agreement is anticipated to enhance the company's revenue in 2024 and 2025.
  • December 2022: Terradam expanded its business by constructing a new depot in Jan Kempdrop in the Northern Cape, South Africa. The depot spans an area of 60,000 sq. m consisting of a National Lucerne Trust-certified quality laboratory, warehouses, weighbridge, and under-roof storage.
  • July 2024: Madagascar has signed two memoranda of understanding(MOU) with the Chinese seed company Yuan Longping High-Tech Agriculture Co. (Yuan’s Seed) to bolster its rice production sector and achieve food self-sufficiency. This partnership includes an initial hybrid rice production project on 2,000 hectares in Betsipotika, with a long-term goal to expand cultivation to 300,000 hectares.
  • February 2023: China's central government has issued a 10-billion-yuan (about USD 1.46) fund for granting one-off subsidies to crop-growing farmers in light of the costs of farming supplies and agriculture production including rice.
  • May 2024: East-West Seed India launched YieldPro 169, a semi-bushy, high-vigor hybrid pumpkin for Smallholder Farmers. With its unique features, YieldPro 169 promises to revolutionize pumpkin farming by offering a higher yield per acre due to increased plant population, excellent virus tolerance, early harvesting of existing varieties, and adaptability to various climates and soils.
  • October 2022: In Arunachal Pradesh, India, the state government's zero-tolerance policy against illegal farming of Opium resulted in growers cultivating more pumpkins for higher profits.
  • September 2021: Chia Tai Company Limited developed a new pumpkin variety Thong Siam Pumpkin, Thailand's first resistance to viruses.
  • April 2024: Schoneveld Breeding's 'Illusia' flowering pot plant clinched the prestigious Japan Flower of the Year 2023-2024 award. Renowned for its upward-blooming and long-lasting flowers, 'Illusia' garnered accolades for its distinctive allure. This accolade not only highlights 'Illusia's' appeal but also signals its bright prospects in the Japanese market and beyond.
  • January 2023: Suntory Flowers inaugurated a cutting-edge research facility in Higashi Omi, Shiga Prefecture, Japan, focusing on developing new flower varieties and boosting production within controlled greenhouse environments.
  • August 2024: ICAR-National Rice Research Institute introduced a new climate-resilient rice variety, ‘CR Dhan 416’ (IET 30201). This variety is set to be pivotal in bolstering food security in areas at risk from climate change. CR Dhan 416 shows moderate resistance to prevalent rice diseases and major pests.
  • June 2024: To bolster food security in eastern Indonesia, the Ministry of Agriculture Indonesia introduced a new rice variety, Cakrabuana Agritan, in the Merauke District of South Papua Province. This climate-resilient variety promises high yields, aligning with the government's urgent push to ramp up rice production amidst a looming global food crisis.
  • June 2024: Researchers in China pinpointed a gene that could revolutionize the production of hybrid rice seeds, allowing for a fully mechanized process. This advancement aims to eliminate the current manual methods, which are both time-consuming and labor-intensive, thus expanding breeding capabilities.
  • September 2024: Jack Daniel’s launched the Jack & Coca-Cola Cherry Classic ready-to-drink canned cocktail. This offering harmoniously blends the robust notes of Tennessee whiskey with the fruity undertones of Coca-Cola Cherry.
  • May 2024: TOMRA launched an AI-driven LUCAi platform, boosting the precision of cherry sorting and grading for the California and New Zealand markets. With LUCAi, cherries are meticulously sorted, packaged in optimal boxes, and primed for the best market prices.
  • April 2024: Chick-fil-A introduced a selection of four new Cherry Berry options on its menu in celebration of the spring season, showcasing a variety of delicious berry flavors. These additions include the Cherry Berry Sunjoy beverage, Cherry Berry Lemonade, Cherry Berry Iced Tea, and Cherry Berry Frosted Lemonade.
  • March 2023: The Brazilian government allocated resources from the Coffee Economy Defense Fund (FUNCAFE) for the 2024 harvest. For the 2024 financial year, FUNCAFE is set to provide an unprecedented USD 6.38 billion to coffee growers. Of this total, USD 2.35 billion is earmarked for marketing financing, while USD 1.62 billion is designated for crop management. Additionally, the council planned to allocate USD 1.48 billion to the Financing for the Acquisition of Coffee (FAC), USD 883 million for working capital, and USD 30 million to recover damaged coffee plantations.
  • July 2022: The Ethiopian Coffee and Tea Authority (ECTA) released a new, comprehensive strategy for the country's coffee industry, which was developed with the Ethiopian Institute of Agriculture Research (EIAR) and international non-profit TechnoServe to increase coffee production by three times within next 10 years.
  • July 2022: The Indian government planned to repeal the existing 80-year-old Coffee Act and proposed a new 'Coffee Promotion and Development Bill, 2022' to promote the development of the Indian coffee industry. Through a new law, the government aims to modernize the functioning of the Coffee Board of India, which is responsible for boosting production and the quality of Indian coffee, pushing exports, and supporting the development of the domestic market.

Blood Meal Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)