05 December 2023
05 December 2023
General Mills, Kraft Heinz, Bel Group and the US division of France-based dairy major Lactalis are part of the pact to cut methane emissions.
Coles said its rate of inflation has been “progressively moderating, particularly in key staple areas”.
Ferrero, Mondelez and Lindt also labelled as “inadequate” in Ethical Consumer’s assessment.
UK-based Real Good Food revealed its intention last week to enter administration.
The price for an almost 78% interest has been cut to €82, from €88 a share.
The food giant revealed capex plans for its Brazilian chocolate segment earlier this year.
The UK manufacturer was acquired by Provator, which focuses on companies facing “financial difficulties”.
The California business plans to unveil its prototype product, the Clever Bratwurst, in early 2024.
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Per GlobalData, the Eastern European food industry was valued at $180.5 billion in 2022 and is projected to grow at a CAGR of >4% by 2027. The top five companies together account for a value share of just 5.3% in 2022, with Mondelēz leading the pack. The Czech Republic, Poland, Romania, and Hungary have been identified as high-potential countries, primarily due to the large size of their food industries, their high
The global vegan cheese market 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 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.
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