Brazil’s BRF abandons planned sale of pet-food arm
The meat giant launched a disposal process for pet food in February.
14 November 2023
14 November 2023
The meat giant launched a disposal process for pet food in February.
Danone will produce and commercialise Else Nutrition’s products in Europe.
The factory in northern France was at the centre of a fatal E. coli outbreak last year.
Supply constraints for beef cattle are expected to continue into fiscal 2024.
E20 said it will be “leveraging our global expertise and resources to support Lucky Fish”.
David Markowski had held the role of strategy director at the Netherlands-based business for almost four years.
The dairy major’s presence in private label is helping offset branded pressure.
A guide to some of the in-house, corporate-venture arms operated by the world’s major packaged-food companies.
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Per GlobalData, the global vegan cheese market will be valued at $1.4 billion in 2023 and is expected to grow at a CAGR of 16.7% by 2030, primarily driven by the rise in the vegan and vegetarian population. However, its production often involves more complex processes and expensive ingredients like nuts or plant-based proteins, leading to higher production costs, which are then passed on to consumers, making vegan cheese more expensive per unit compared to dairy cheese, which could thereby impede its widespread adoption.
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