News on Food Trends from Shanghai

Veg of Lund has signed a Letter of Intent with Haofood Shanghai Food Technology Co., Ltd. The companies will cooperate with the common goal of selling, marketing and distributing Veg of Lund’s products - potato based dairy alternatives - under the DUG® brand in China early in 2024.

According to the report 'China Snacks Food Market, By Categories, Cities, Sales Channel, Company Analysis, Forecast', the China Snack Food Market is expected to grow to USD 142.9 Billion by 2027.

McDonald's Corp has begun offering home delivery in Shanghai, aiming to build a model in China to boost sales and help it catch up with rival Yum! Brands in the world's most populous country. McDonald's has built up a fleet of 300 motorcycles over th...

International Dairy Queen Inc, a U.S. ice cream chain, will boost its outlets in China by adding 500 stores in the next five years, banking on the potential growth in ice cream consumption by an increasingly affluent population.     The company, contr...