Nestlé expects organic sales growth to improve in 2025, though underlying trading operating profit margins may see short-term pressure due to increased investments Nestlé has announced its financial results for 2024, reporting a 2.2 per cent organic sales growth, with real internal growth (RIG) of 0.8 per cent and pricing[Read More…]
World News
Kazakhstan among top three importers of Uzbek fruits and vegetables
Russia remained the largest buyer, receiving 40.1 per cent of Uzbekistan’s fruit and vegetable exports, while Kyrgyzstan ranked third with a significantly smaller share of 7.5 per cent Kazakhstan ranks among the top three importers of fruit and vegetable products from Uzbekistan. According to the Statistics Agency under the President[Read More…]
Kroger announces David Kennerley as incoming CFO
Kennerley will join Kroger on March 10 as senior vice president The Kroger Co. announced its succession plan for Chief Financial Officer. David Kennerley, senior vice president and CFO for PepsiCo Europe, will succeed Todd Foley as senior vice president and chief financial officer, effective April 3. Kennerley will join Kroger on March 10 as senior vice[Read More…]
Turing Labs unveils AI platform to help companies navigate evolving ingredient regulations
The platform enables manufacturers to proactively reformulate products affected by current and future ingredient regulations while maintaining product quality and consumer acceptance Turing Labs launched an enhanced AI-powered platform designed to help food and beverage manufacturers swiftly adapt to changing regulations, with immediate application for the upcoming FDA ban on[Read More…]
LBB Specialties partners with Kerry Group to launch innovative ingredients
This innovative range includes products that elevate the sensory and functional experiences of personal care products LBB Specialties (LBBS), a leader in the speciality in North America, announced a new partnership with Kerry Group, a world-leading taste and nutrition partner for the food, beverage, and pharmaceutical markets with innovative, sustainable speciality ingredients for[Read More…]
Pepsi introduces zero-sugar colas
Available in two irresistible flavours Strawberries ‘N’ Cream and Cream Soda Carlsberg Britvic is launching a duo of indulgent Pepsi zero-sugar colas that offer a unique drinking experience. Available in two irresistible flavours — Strawberries ‘N’ Cream and Cream Soda, these are the ultimate sweet treat to indulge in and[Read More…]
Growing trend of walnut exports from India: A global perspective
According to Mordor Intelligence, the Walnut market size is anticipated to be $9.26 billion in 2025, rising to $11.77 billion by 2030 The Indian appetite for walnuts has continued to rise since COVID-19, as the country’s rapidly rising population learns about its health benefits. Traditional and modern retail shops, including[Read More…]
Nestlé announces $1Bn investment in Mexico
The investment will focus on expanding production capacity at Nestlé plants located in Veracruz, Guanajuato, Querétaro, and the State of Mexico In a significant announcement from the National Palace in Mexico City, the President of Mexico Dr Claudia Sheinbaum Pardo met with Steve Presley, CEO of Nestlé for the Americas[Read More…]
Alfa Laval Extend spark sea change across dairy industry
Alfa Laval’s Extend is an easy-to-install add-on to heat exchangers that significantly lowers the build-up of bacteria in the equipment Alfa Laval has developed a piece of pioneering, industry-first technology that is set to revolutionise dairy processing by dramatically reducing water, chemical and energy use during pasteurisation, increasing uptime and[Read More…]
JBS enters egg category with acquisition of 50% stake in Mantiqueira
The investment expands the Company’s global multi-protein platform JBS, one of the largest food companies in the world, announced its entry into a new protein segment. The company has acquired a 50 per cent stake in Mantiqueira Brasil, the largest egg producer in South America. This acquisition reinforces JBS’s global[Read More…]
