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US plant-based food retail sales declined in 2023, GFI says
Sales of plant-based food through US retail dropped in 2023 in value and volume terms, with meat and seafood alternatives …
GrubMarket snaps up South African fresh fruits supplier Global Produce
US-based food delivery group GrubMarket has acquired South African fresh fruit exporters Global Produce. Financial details of the deal were …
Pets Choice to buy UK brand Vet’s Kitchen
UK-based pet food maker Pets Choice has agreed to buy the Vet’s Kitchen brand from local peer Pets’ Kitchen. Pets Choice …
Brazil’s JBS planning to create thousands of local jobs in 2024
Brazilian meat giant JBS said it plans to create 7,000 new jobs in its domestic market this year. JBS, already the …
HKScan to sell Denmark business as Plukon Food Group swoops again
HKScan has signed a deal to sell its Danish subsidiary to Netherlands-based poultry group Plukon Food Group. The transaction, valued at …
Florida governor bans cultivated meat in fight against “elites”
Florida governor Ron DeSantis has signed legislation which bans the sale of lab-grown meat in the US state. In a …
Bazooka Candy secures $10m from US athletes investment platform Patricof
US-based Bazooka Candy Brands has secured more than $10m from Patricof Co, a private investment platform for professional athletes. According to …
Kraft Heinz still feeling impact of cost-conscious consumers
US sauces and soup major Kraft Heinz remains in negative territory as far as volumes are concerned as cash-strapped consumers …
Danone acquires tube-feeding business in medical nutrition push
Danone has struck a deal to acquire Functional Formularies, a US whole foods tube-feeding business. The France-headquartered dairy giant has snapped …
Is avian influenza a threat to the dairy industry?
The ongoing highly pathogenic H5N1 avian influenza – commonly known as bird flu – outbreak is one of the hardest …
Mondelez bullish despite record-high cocoa inflation headwind
US confectionery giant Mondelez International said it remains confident about the prospects of its chocolate business despite record-high inflation in …
Hain Celestial Group to consolidate food portfolio
US-based Hain Celestial has announced plans to simplify its food and drinks business range as it looks to drive future …
Australia assessing potential contamination of Everest and MDH Indian spices
Australia's national food standards agency is looking into the possible contamination of spices manufactured by Indian brands Everest and MDH. In …
US foodservice supplier Ventura Foods to acquire peer DYMA Brands
California-based manufacturer Ventura Foods has announced it is acquiring fellow US foodservice supplier DYMA Brands for an undisclosed sum. Ventura, which …
Oatly CEO points to “progress” as Q1 losses narrow
Oatly CEO Jean-Christophe Flatin has claimed the alt-dairy business is making progress as the company reported narrowing first-quarter losses. The Sweden-based …