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Nestlé “spring loaded” for underlying sales rebound after US-induced decline
Nestlé anticipates its “real internal growth” will rebound after posting the largest drop since the final three months of 2022 …
US dairy maker Daisy Brand to build new plant
US-based dairy products manufacturer Daisy Brand is to build a new factory in Iowa, supported by state funding. Family-owned Daisy Brand …
Arla Foods exec calls for industry to push for “dairy 2.0”
A senior executive at Danish dairy major Arla Foods has told an industry conference that the sector needs to modernise …
Unilever expects “improvement” in nutrition volumes from Q2
Unilever is confident sales volumes from its nutrition business will grow again in the second quarter as the negative effects …
Reckitt deflects prospect of infant nutrition spin-off amid US litigation
Reckitt Benckiser CEO Kris Licht has failed to rule out a potential split of its Mead Johnson infant-nutrition business amid …
Tax to logistics to funding – how a new Modi government could support India’s food industry
India is in the first week of its general election, a poll that runs from 19 April to 1 June …
UK’s William Jackson Food Group acquires Lottie Shaw’s bakery
UK food producer William Jackson Food Group (WJFG) has acquired family-run West Yorkshire-based baking group Lottie Shaw’s. Financial details of the …
Spain’s Angulas Aguinaga enters plant-based seafood with start-up Vrave
Spanish seafood major Angulas Aguinaga is entering seafood alternatives through a collaborative launch of a konjac-based calamari with start-up Vrave. …
Innovative Bites wins marshmallow VAT case brought by UK tax authority
Innovative Bites has come out trumps in a tax case as a UK court ruled its marshmallows are not subject …
UK government seeks common eco-label standards to avoid greenwashing
The UK is seeking to come up with a “level of standardisation” for existing eco-labels on food and drink products …
China lifts ban on Germany beef exports
Germany has secured the removal of China's ban on its beef products after talks between Berlin and Beijing. The decision was …
Quaker recall weighs on PepsiCo’s first-quarter profits
PepsiCo’s Quaker Foods division booked a first-quarter loss related to a product recall, which prompted the closure of a US …
Battle wages on US food volume recovery with holding ground key line of defence
Reluctant to cut prices with inflation proving sticky to some observers, US packaged food manufacturers are delving into their war …
Grupo Bimbo to lower capex into 2025 amid profit slump
Grupo Bimbo expects to cut its capital expenditure in 2024 and the following year the Mexican bakery major reported falling …
Fazer considers cutting 185 jobs after Baltic bakery consolidation
Fazer Group is considering consolidating both of its Baltic-based bakeries into one production unit in Latvia which could lead to …