Kraft Heinz snips full-year forecast as demand drags
Kraft Heinz has cut its full-year 2024 forecast following a third-quarter net sales slump, as price hikes worked against the food major by dampening consumer demand.
Archives for October 30, 2024
ELAVI’s Costco expansion highlights demand for better-for-you options, innovative packaging
Better-for-you snack brand ELAVI doubled its Costco rotation to 30 Southern California stores in less than a year while addressing cocoa shortage and packaging changes.
High chocolate prices are not scaring Halloween revelers this season
Consumers celebrating Halloween are still unwrapping their favorite chocolate candies despite price increases, while gummy candies, popcorn and other treats capitalize on demands from price-conscious consumers, according to several recent reports.
Gen AI boosts revenues, marketing efforts for CPG brands & retailers, Google reports
CPG companies and retailers are moving beyond generative AI (gen AI) testing to realizing tangible business benefits of the technology, including increased revenues and operational efficiencies, Google shared in a recent report.
How can alternative proteins and regenerative agriculture work together?
Despite both being sustainability-focused, regenerative agriculture and protein diversification have not always got along. How can the two sectors work together?
Mondelēz International joins Unilever and Danone with strong Q3
Confectionery and snacking giant Mondelēz International has driven revenues and profits above expectations, through higher volume sales as both Unilever and Danone also showed this month.
Protein Vision 2024
Protein Vision 2024: Big name speakers reveal inside story
Quorn, Redefine Meat, THIS, La Vie and Rude Health are among the high-profile brands providing their valuable market intelligence at this year’s Protein Vision digital event.
Mars' Kellanova buyout the start of hefty snacking M&A
Mega deals within snacking are picking up pace after a quiet start to the year, with Mars’ Kellanova acquisition the tip of the iceberg as strong financial performances provide corporates with healthy cashflows.
High hopes for hub: Indonesian food sector calls for a 'larger scale' food innovation centre to move sector forward
The food and beverage sector in Indonesia believes that it is high time for a larger scale food innovation centre focusing on the advancement and development of domestic companies to be established in the country.
FNA DEEP DIVE: FOOD SAFETY & TRACEABILITY
Digital defence: Why APAC food firms are prioritising tech investments for food safety and traceability
Investments into food safety and traceability tech are becoming major priorities for many food and beverage firms across the Asia Pacific region, with regional experts telling us this is inn response to rapidly-evolving local needs.
Safe food, safe kids: South Korea eyes legislation-led improvements in rural Children’s Diet Safety Index
South Korea is looking to improve the Children’s Diet Safety Index in its rural areas, after seeing poorer results compared to urban cities and the national average.
Join us for Microbiome Innovations APAC webinar on Tues, Nov 5
Our Microbiome Innovations APAC editorial webinar will take place on Tuesday (November 5), 3pm Singapore time, and registration is FREE.
Curcumin improves insulin, blood glucose levels, and body mass – Year-long Thai trial
Taking 1,500mg of curcumin daily for 12 months has been shown to improve insulin, fasting blood glucose levels and body mass, based on a clinical study conducted in Thailand.