The sales growth over last year is 1 per cent, the 24-month growth is 23 per cent. Britannia’s Operating Profit stood at Rs 801 Crs, growing 21 per cent over last year, with the 24-month growth at 58 per cent Britannia’s Consolidated Sales for the Quarter ended 30th September 2023[Read More…]
Tag: growth
BioBetter pioneers cultivated meat future with molecular farming
Media growth start-up targets annual commercial production of 5 tonnes by 2025 FoodTech start-up BioBetter, Ltd., opens its first food-grade pilot facility to accelerate the production of key growth factors for the cultivated meat industry. The company has pioneered a unique protein manufacturing platform for producing growth factors (GFs) using[Read More…]
Nestlé announces organic growth of 8.7%
Nestlé reports half-year results for 2023 In its half-year market report for 2023, Nestlé announced impressive organic growth of 8.7 per cent, with pricing alone accounting for 9.5 per cent of that growth. The real internal growth was -0.8 per cent. Nestlé CEO Mark Schneider attributes this success to the[Read More…]
Israeli startup Aleph Farms unveils new product brand Aleph Cuts
Evolved brand identity reflects both the company’s consumer-centric focus and commitment to innovation, supporting future growth Aleph Farms, a food technology startup in Israel, has announced the launch of its first product brand, Aleph Cuts. Under the Aleph Cuts brand, the company will market its first product, the Petit Steak,[Read More…]
US-based Tyson Foods addresses growing demand for protein in Middle East
Tanmiah Food Company and Tyson Foods strengthen strategic partnership Saudi-based Tanmiah Food Company and US-based Tyson Foods, Inc. recently met in Jeddah to recognise their strategic partnership made in 2022 including the potential growth opportunities across the Kingdom of Saudi Arabia and the broader Middle East. The partnership is well positioned to help sustainably meet[Read More…]