Volume sales decline for Mondelēz International Europe
The food and beverage industry is currently facing challenges due to high commodity prices, impacting companies like Mondelēz International. In Europe, Mondelēz has encountered customer...
Category : General News
Kraft Heinz continues to be affected by thrifty consumers choosing lower-cost options
Kraft Heinz, a US sauce, soup, and cheese major, is experiencing a downturn in volumes as consumers seek more affordable options in the food and...
UK approves safety of First CBD Novel Foods applications
The decisions come five long years after the European Commission designated CBD products as novel foods. This FSA Scientific Committee endorsement indicates that the companies...
First SaudiFood Manufacturing, Kingdom’s largest F&B manufacturing event to-date
Majed Al-Argoubi, CEO of the Saudi Authority for Industrial Cities and Technology Zones (MODON) has opened the busy inaugural SaudiFood Manufacturing show, which runs from...
Aramco Korea Set to Launch Multi-purpose Plastic Food Trays
Aramco Asia Korea has collaborated with various Seoul-based organizations to introduce a multi-use plastic food trays initiative at Jamsil Baseball Stadium in South Korea. The...
Nestlé to reduce workforce at its German headquarters
Nestlé is set to reduce its workforce at its German head office in Frankfurt, with plans to cut “slightly more than 100” staff out of...
Volume sales decline reported by Unilever in food and beverage sector
Unilever’s Q12024 results reveal a mixed outlook for the food and beverage industry. Despite notable growth, challenges such as increasing commodity prices have led to...
My Emissions Receives £1.3 Million Funding for Carbon Labeling Innovation in the Food Industry
In a recent development, the official carbon labelling partner of Just Eat, My Emissions, has successfully closed its over-subscribed £1.3m Seed Round. Led by Hambro...
Continued verbal dispute between South Africa and EU regarding citrus fruits
The Spanish citrus fruit growers’ organization has joined the dispute over South African citrus produce imported into the EU. Last week, South Africa requested consultations...
Jacob Vishof Paulsen discusses post-merger strategy for Novonesis F&B
Recently, Novonesis was established through the merger of Denmark’s Chr Hansen and Novozymes, creating a €3.7bn biosolutions powerhouse. The focus of Novonesis is to harness...