22 August 2023
22 August 2023
The export duty comes as Indian retail inflation reached a 15-month-high in July.
California-based nonprofit US Right To Know, a public-health research group, accused the Joint Expert Committee on Food Additives of bias due to panel members’ alleged links with the International Life Sciences Institute .
The SlimFast weight-loss brand has “not regained the anticipated momentum”, Siobhán Talbot, who retires in January, said last week.
The pet-food maker has appointed the activist investor's director nominee to the board.
Its factory will produce 10,000 metric tonnes of Abunda per year, but Enough is planning to increase production to more than 60,000 tonnes annually.
Robert Giles was replaced by Neil Brimacombe in July.
The US bakery major wants to be “a consumer- and brand-centric company”, its CEO says.
Brands can tap into ‘hi-lo’ consumption, when shoppers cut out high-cost expenditures in response to budget constraints and compensate with smaller, frivolous purchases.
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The global healthy snacks market will be valued at $74.6 billion in 2023 and is expected to grow at a CAGR of 6% by 2030, per GlobalData. Increasing awareness of health and wellness among consumers is the major contributor to the growing demand while a rise in vegan and plant-based diets and rising disposable income, and middle-class expansion are also expected to drive market growth. However, this growth is affected by the challenges posed by high cost of ingredients.
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