Campbell Soup moves into margin expansion mode as inflation abates
The snacks, meals and beverages maker points to low single-digit inflation from fiscal 2023’s peak of 18%.
01 September 2023
01 September 2023
The snacks, meals and beverages maker points to low single-digit inflation from fiscal 2023’s peak of 18%.
The plan includes improving operational efficiencies, reducing cash costs and digitisation.
The Maggi faux-meat products are made with soy, and are “certified as vegan”.
Overall, the number of patent applications made in the savoury-snacks sector is down year on year but most still relate to health.
The government reported “hoarding by opportunistic traders and collusion among industry cartels”.
Construction is “underway” and is scheduled to be completed in early 2024.
The move to merge their operations in foie gras, salmon and direct sales was being investigated by France’s competition watchdog.
Warning letters were issued to ByHeart, Reckitt Benckiser and Perrigo.
Capture inbound enquiries from sector-specific, high-intent buyers who are actively seeking your products and services through Buyer’s Guides. Our enriched leads enable you to connect with new customers, generate leads, and enhance brand visibility. For more information, download the Buyer’s Guide below.
The consumer goods, foodservice, and packaging sectors are undergoing digital transformation, accelerated by the COVID-19 pandemic and changing consumer preferences. Data science and ML are strong investments across all areas. For the most part, these sectors will not play a significant role in creating and developing AI hardware or platforms, but will instead help scale up the adoption of AI technologies, such as CV, conversational platforms, and smart robots.
Give your business an edge with our leading industry insights.