08 December 2023
08 December 2023
The survey said one in six FMCG companies would consider closing production sites in France over the next three years.
Sugar prices continue to trade near 2011 highs amid El Niño weather disruptions.
Business investment was down 36% in the first half of 2023 against the same period in 2019.
The new facility is expected to be operational from March 2027.
Barba Stathis has bought 80% of the food producer.
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.
The report suggests “dominant companies” are making "excess profits".
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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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