14 September 2023
14 September 2023
Executives including Heather Mills told a UK conference plant-based businesses need to make more noise.
Headline inflation covering all items, however, accelerated in the US last month.
Reports suggest Hungary has agreed with Romania, Poland and Slovakia to bar Ukrainian imports.
The French giant is investing in its medical nutrition business, which makes foods for patients with specific needs.
The UK-based group will supply beef, lamb, pork and seafood to the grocery retailer from 2026.
Snacks will be Hain Celestial’s top focus, followed by baby foods and beverages, with North America a key market.
The Chilean plant-based business, which has developed products with Kraft Heinz, is now also working with another US food giant.
MHP and Tanmiah Food’s subsidiary Desert Hills Veterinary Services (DHV) will invest Sr200m ($53.3m).
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GlobalData estimates that the global dairy & soy food sector will grow at a CAGR of 17% during 2022–27. The healthy eating trend has encouraged consumers to seek alternatives to traditional dairy products. Plant-based dairy alternatives are often perceived as healthier due to their lower saturated fat content. Moreover, increasing awareness about food allergies and intolerances, coupled with consumers’ interest in alternative diets, will drive manufacturers to launch lactose- and gluten-free products.
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