Overall turnover has risen to $508m [€469m] during 2023 – up 42.87 per cent year-on-year Sirio Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces record revenues at Vitafoods Europe with international sales reaching near parity with domestic revenues for the first time. The CDMO, which is among the largest[Read More…]
Tag: USA
USA detects avian influenza in 4 counties
Due to these outbreaks, the National Parks Board/Animal & Veterinary Service (NParks/AVS) will temporarily restrict the importation of ornamental birds, poultry, and poultry products from the 10km radius restricted area The USA has reported outbreaks of high pathogenicity avian influenza (HPAI) in poultry in several regions, including Newaygo County, Ottawa[Read More…]
Global cumulative production of fishmeal and fish oil remains down
China’s slow economic recovery impacting fishmeal and fish oil consumption Cumulative total fishmeal production during the first ten months of 2023 was down by approximately 22 per cent compared to the cumulative production reported through October 2022, according to the IFFO reports. The predominant factor contributing to this decline must be attributed[Read More…]
EG Group to sell KFC franchise restaurants in UK and Ireland
The sale is expected to be completed in the first half of 2024, with proceeds to be used to repay debt EG Group announces that it has entered into a definitive agreement to sell all its 218 KFC franchise restaurants in the UK and Ireland to Yum! Brands’ KFC Division.[Read More…]
India facilitates cashew exports to Bangladesh, Qatar, Malaysia and USA
APEDA is working towards exploring new markets for cashews in the international markets of Japan, Saudi Arabia, UK, Spain, Kuwait, Qatar, USA European countries The Agricultural and Processed Food Products Development Authority (APEDA), an organisation under the Ministry of Commerce, Government of India, played an instrumental role as an export[Read More…]
TCPL earns Rs359 crore net revenue in Q2, revenue up by 11%
Starbucks, the globally renowned beverage brand owned by Tata, reported a robust revenue growth of 14 per cent for the quarter Tata Consumer Products Ltd. (TCPL) recorded a net profit of INR 359.18 crore for Q2 FY23. The company’s net revenue grew by 11 per cent YoY to INR 3,734[Read More…]
UNLIMEAT expands into the US natural and organic market
Stepping into U.S. natural and organic stores with products committed to healthy ingredients and clean label standards UNLIMEAT, a prominent player in the alternative meat industry in Asia, is ramping up its expansion into the US market. The company recently announced the launch of its delectable plant-based offerings including UNLIMEAT Korean[Read More…]
