16 November 2023
16 November 2023
The UK-listed chain has accepted an offer from the confectionery giant worth £534m ($662.4m).
Premier Foods has lowered prices on some Batchelors and Mr Kipling products with other brands likely to follow.
In a study of waste found by the Buffalo River, out of 1,916 pieces of discarded plastic packaging 17% were found to be made by PepsiCo.
According to a statement issued by Junlebao, the company has acquired a 30% stake in More Yogurt, which has more than 1,600 stores in China.
Despite giving the goals a new and later deadline, René Lammers is confident the updated sodium and diverse ingredients targets can positively impact public health.
The Canadian company also struck an M&A deal, adding Menu-Mer to its foodservice distribution arm.
Jim Holdrieth was most recently the CEO of US-based ingredients supplier Florida Food Products.
Inflation for food and soft drinks retreated to a 16-month low but remains above 10%.
Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.
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.
Give your business an edge with our leading industry insights.
