Nestlé latest FMCG major to feature on Ukraine’s ‘sponsors of war’ list
Unilever, PepsiCo and Mars had previously been added to the National Agency on Corruption Prevention’s register.
02 November 2023
02 November 2023
Unilever, PepsiCo and Mars had previously been added to the National Agency on Corruption Prevention’s register.
The EMF has warned that “the global community is still way off course in the pursuit of eradicating plastic waste and pollution”.
The confectionery maker has continued to raise prices in 2023 despite easing inflation rates in some countries.
The company will move its biscuit unit to a new site, allowing its remaining plants to focus on bread and baked morning goods.
US-based investors Equilibrium Capital and Butterfly Equity have committed funds.
Oghma Partners estimates £2.6bn ($3.1bn) has been invested in the category since 2016.
The changes, set out by CEO Miguel Patricio before he becomes chairman in January, are part of moves to “accelerate profitable growth”.
Howard Wong talks mochi dough ice cream with Just Food and the potential competition challenge.
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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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