- Global Food Prices Drop for the First Time in Months
After several months of steady increases, global food prices have shown a slight decline this September. According to the UN Food and Agriculture Organisation (FAO), prices of wheat, rice, and vegetable oils fell due to good harvests in major producing countries. However, dairy and sugar prices remain high, keeping inflation pressure in many regions. - Lab-Grown Meat Gets Regulatory Green Light in More Countries
Following approvals in the U.S. and Singapore, more countries are moving toward allowing lab-grown, or “cultivated,” meat on the market. Experts say this could revolutionise the food industry by reducing environmental impact and offering an alternative to traditional livestock farming. - Plant-Based Food Market Booms Worldwide
The demand for plant-based alternatives, such as vegan meat and dairy substitutes, is rapidly growing. A new market report predicts the global plant-based food sector will reach over $90 billion by 2030, driven by health-conscious consumers and sustainability concerns. - Bangladesh Expands Rice Exports
Bangladesh has recently expanded its rice export agreements to meet global demand. With strong production this season, the country is expected to become a more active player in the Asian rice trade market. - Rising Food Delivery Trends in Urban Areas
Food delivery apps continue to grow in popularity, especially in South Asia. In Bangladesh, India, and neighbouring countries, online food delivery orders have increased by over 40% in the last year, driven by busy lifestyles and increased smartphone use.