THG Secures Myprotein Licensing Agreement in South Korea
In a strategic move, Myprotein’s owner, THG, has formed a licensing partnership with SG Safety Corp. to enhance the distribution of the sports nutrition brand...
Author : FAB Team
Beyond Meat Brings in External Advisor to Support Turnaround Strategy
Beyond Meat has engaged an external adviser to revitalize its struggling alternative meat business, as the company faces a notable decline in sales alongside workforce...
Minerva Warns of Possible $300 Million Revenue Impact from US Tariffs
Minerva Foods, one of Brazil’s largest meat processors, has assessed the revenue impact stemming from President Donald Trump’s tariffs. On August 6, Trump enacted a...
Functional Coffee Market Soars to $4.5 Billion
An Overview of the Functional Coffee Market The global functional drinks market reaches $229.75bn The coffee market expands to $4.48bn Ready-to-drink (RTD) options dominate with...
Danone Introduces Oikos Yogurt Drink Targeting GLP-1 Users
Danone has introduced Oikos Fusion, a drinkable yogurt specifically designed for consumers in the US using Ozempic and other GLP-1 weight-loss medications. Oikos Fusion aims...
AeroFarms Secures Funding for Expansion of Second Vertical Farm
Almost two years post-bankruptcy, US vertical-farming leader AeroFarms has secured funding to build its second facility. AeroFarms specializes in supplying microgreens cultivated in controlled indoor...
Danone Considers Acquisition of Lifeway After Signing NDA
Danone has signed a Non-Disclosure Agreement (NDA) with Lifeway Foods. This move allows the French multinational to evaluate the possibility of making another acquisition bid...
Hoffmann Family of Companies Acquires U.S. Chocolate Manufacturer Elmer
Private-equity investor Hoffmann Family of Companies has acquired a controlling interest in Elmer Chocolate, a notable player in the food and beverage industry. While the...
V2Food Acquires Alt-Meat Rival Daring Foods and Forms Partnership with Ajinomoto
V2Food, an Australian alt-meat company, has successfully acquired US-based Daring Foods while also forging a strategic partnership with the renowned Japanese food giant, Ajinomoto. This...
Yoplait UK Focuses on High-Protein Options and Nutrition for Kids
Yoplait UK is strategically focused on one of the most rapidly expanding segments within the dairy sector—high-protein white yoghurt. General manager Antoine Hours views this...