Mondelēz International, Inc. empowers consumers to snack right in over 150 countries around the world. This year’s report explores how current economic challenges are affecting consumer snacking choices around the world – with most respondents continuing to prioritize snacking, despite rising costs and economic challenges. Developed in partnership with The[Read More…]
Company Result
Steakholder Foods® Receives Grant of up to $1M for 3D Bio-Print Structured Cultivated Fish Products with Umami Meats
The company’s collaborative initiative with its 3D bio-printer is a significant step forward in the company’s commercialization strategy for 2023 Steakholder Foods’ partnership with Umami Meats offers a unique opportunity for market entry in the only country in the world where cultivated meat has regulatory approval. The collaboration aims to[Read More…]
Morinaga Milk Industry announces the commencement of local production and sales of Morinaga Milk-branded products in Vietnam
Vietnam is one of the countries with the highest growth potential leading up to 2050, with a population of about 98.5 million (2021) and a projected economic growth rate of around 6% from 2023 onward, according to the World Bank. In particular, the yogurt market is growing at an average[Read More…]
Nestlé reports Organic growth in sales for 2022
Organic growth reached 7.6%, with real internal growth (RIG) of 2.4% and pricing of 5.2%. Growth was broad-based across most geographies and categories, with increased pricing, continued momentum in retail sales and a further recovery in out-of-home channels. Total reported sales increased by 5.4% to CHF 22.2 billion (3M-2021: CHF 21.1 billion). Foreign exchange decreased sales[Read More…]
Missfresh’s continued improvements to private label fresh food brand lead to sales bulging for Q4
Yungui Xiao, who leads Missfresh’s merchandising department, shared that the company has been constantly upgrading its supply chain capabilities. Using big data analytics to extract insights on customers’ consumption habits, Missfresh’s merchandising team is able to optimize factors such as the portion size and weight of fresh food offerings. Missfresh Limited a pioneer in[Read More…]
