Personal health, sustainability, and enhanced sensorial experiences are the biggest consumer themes that will shape the sector in the country. By Vikram Vangale, Business Development Director, Taste, Indian subcontinent, Kerry. Consumer behaviour has changed significantly in recent years and continues to evolve rapidly, influencing food and beverage trends. Recent Kerry[Read More…]
Tag: FMCG
SPC Global appoints Robert Iervasi to board of directors
Before becoming the Group Chief Executive Officer, he held various positions in Asahi Beverages including Group Chief Operating Officer Group CFO and General Counsel SPC Global has announced the appointment of Robert Iervasi to its Board of Directors. Robert brings a wealth of experience and FMCG expertise to the SPC[Read More…]
Heineken sells 100% shares in Russia for €1
Heineken® brand which was removed from Russia in 2022, production of Amstel will be phased out within 6 months Heineken announces completion of the transaction to sell its Russia operations to Arnest Group. The transaction has received all the required approvals and concludes the process Heineken initiated in March 2022[Read More…]
Indian FMCG brand Dabur makes additional investment of Rs 9.68 B in Nepal
For capacity enhancement and diversification of products Indian fast-moving consumer goods (FMCF) company Dabur has decided to make an additional investment of Rs 9.68 billion in Nepal. The Investment Board Nepal and Dabur Nepal have signed a Memorandum of Understanding for the construction, operation, and management of capacity building and[Read More…]
Yili Recorded a Total Revenue of RMB 93.9 billion over Q1–Q3 FY2022
Yili manages to maintain solid growth amid the pandemic demonstrates the dairy giant’s strong resilience. Both Yili and the industry will expect rapid growth as soon as the macroeconomic environment recovers. Yili Group recorded a total revenue of RMB 93.861 billion (USD 12.94 billion) over the first three quarters of[Read More…]