07 December 2023
07 December 2023
Danone first bought a stake in Michel et Augustin in 2016, which was increased in 2019.
The report suggests “dominant companies” are making "excess profits".
Weetabix said that Deeside Cereals will continue to operate as a standalone business.
The Hostess Brands’ acquisition is expected to add around $1.5bn to Smucker’s annual sales.
Scottish soup manufacturer Baxters Food Group has confirmed that a “small number” of jobs are set to be cut as the company struggles with high inflation.
The chocolatier is targeting carbon reductions by 2030 and reaching net-zero by 2050.
Former Calavo Growers CEO Brian Kocher has been selected to replace Ennen.
Altho Brets said the investment will increase the company’s production capacity by 15.000 tons, which will allow the business to meet growing demand on France’s potato crisps market.
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.
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 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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