Strong demand for fortified milks and coffee creamers drives dairy growth for Nestlé
Nestlé reported high single-digit growth for dairy in Q1 2023, the category performing particularly well in Latin America where dairy posted double-digit growth.
Archives for April 25, 2023
PepsiCo CEO signals softer approach on pricing for 2023, raises full-year guidance on improved productivity, elasticity
PepsiCo beat Wall Street expectations for its first quarter 2023 earnings due to strong margin growth while backing off potential future price increases to combat inflation and other supply chain issues, the company's Chairman and CEO Ramon Laguarta...
Heura unveils new tech for additive-free, high-protein plant-based food
Plant-based company Heura, known for its meatless chorizo sausages, chorizo burgers, and chicken, has unveiled new technology to create high-protein plant-based meat, free of e-numbers.
Beverage, better-for-you are driving CPG deals in 2023
For all the talk of higher interest rates and tighter capital, large CPG food and beverage brands are still acquiring brands to bolster their portfolios, especially in beverages and the better-for-you category, John Siegler of BMO Capital Markets shared...
Meat, eggs and milk play ‘vital’ role in meeting global nutrition targets: FAO
Globally, the consumption of animal source foods including meat, eggs and milk can help to reduce stunting, wasting and overweight amongst children, according to a new UN report.
Food Equity Opportunity Map can help CPG brands, retailers and policymakers retell the US food narrative
Partnership for a Healthier America’s Food Equity Opportunity Map uses census, income and health data to determine food accessibility in U.S. communities, and could help CPG companies finetune marketing at the zip code level for a bigger impact.
Vertical farmers come out swinging amid industry struggles to stay upright
Vertical farming remains a viable long-term solution for food system resilience, they tell FoodNavigator.
Coca-Cola beats expectations thanks to higher prices, innovations that appeals to Gen Z
Coca-Cola Co.’s North American margins “reached toward a new high watermark” in the first quarter of 2023 observed one market analyst during the company’s quarterly call yesterday – a better-than-expected outcome that leadership attributed to higher...
‘A period of non-alignment between the UK nations’ - Scotland’s DRS and the Internal Market Act
Last week, the Scottish government announced that its Deposit Return Scheme (DRS) would be delayed until March 2024, having originally been planned for an August 2023 release. One of the reasons for this is the fact that it will be in breach of the...
ASEAN Focus: Singapore Nutri-Grade system, Nestle Malaysia ESG strategy, Thailand curcumin study and more feature in our round-up
Singapore Nutri-Grade system, Nestle Malaysia ESG strategy, Thailand curcumin study and more feature in this edition of ASEAN Focus.
Super-aged success: South Korean government lauds scientific validation of senior-friendly food strategy
A new scientific report highlighting the success of South Korea’s national senior-friendly food industry strategy claims the initiative can improve frailty, nutrition, and malnutrition rates.
Plant-based and clean label: China’s Haofood targets the increasingly label-sensitive consumer with latest NPD
Chinese firm Haofood says that the convergence of right ingredients with its proprietary tech was key to creating its first clean-label plant-based product - Carefree Pulled Chickless.
Protein for walking speed: Intake with resistance training benefit elderly with knee osteoarthritis, sarcopenia
Taking protein supplementation with resistance exercise training has shown to shorten the time needed to acquire normal speed walking speed in elderly suffering from knee osteoarthritis and sarcopenia, according to findings from a 12-week study.
Growth Asia Summit 2023: Earlybird delegate rate extended for one month - snap up your tickets today!
Today we have extended the earlybird discount for our Growth Asia Summit 2023, which will feature high-level keynotes from Nestle, H&H, Amway, Suntory, Dole, Yili and lots more.