The global plant-based meat market size is expected to reach US$35.4 billion by 2027, according to a new study by Polaris Market Research. The report “Plant-based Meat Market Share, Size, Trends,
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As trends towards health and wellness continue to mount, producers in Western Europe are expanding their portfolios with low and no ABV products. Led by the beer and cider sector
The traditionally natural and nutritious image of dairy products is continuing to be a key driver in NPD, according to Innova Market Insights’ Top Trends in Dairy 2021. This is despite
Kerry, the Taste & Nutrition company, has released The Right Taste for Healthier Beverages, an informative white paper that examines the rising demand around the world for healthier and tastier beverages.
Nestlé has agreed to sell its regional spring water brands, purified water business and beverage delivery service in the US and Canada to One Rock Capital Partners in partnership with
Kerry Group, the global taste & nutrition and consumer foods group, has reported a 4% decline in revenue to €7.0 billion, with an overall volume reduction of 2.9% in the
Nestlé has explained its top priorities for Europe, Middle East, and North Africa to reach its 2050 net-zero climate goal. Nestlé revealed that nearly two-thirds of its total emissions are linked
The Board of Omsco, the UK’s largest organic dairy co-operative, has announced the appointment of David Williams as its Chief Executive. David Williams will assume the newly created role of
Irish Distillers, producer of some of the world’s most well-known and successful Irish whiskeys headed by the Jameson brand, has announced results for the first half of its financial year
Britvic has been recognised for the actions it is taking to understand and tackle climate change, work that has seen it engage with more than 300 of its suppliers around
It is harder than ever before to be a food or agriculture company. Smaller competitors are using digital tools, novel channels to gain market access, and other innovations to gain
Italian-owned agribusiness Sedamyl has announced major plans to expand its Yorkshire plant which will see it double production, create additional jobs, add new product lines, and provide an increased market
Of the record 831 food and drink transactions registered on the Zenith Global mergers and acquisitions database for 2020, 19 involved sums of $1,000 million or more. This is down
Net revenue declined by 11.9% organically to €19.72 billion at Heineken in 2020 as consolidated beer volume fell by 8.1%. Group operating profit (beia) dropped by 35.6% to €2.42 billion
Mondelēz International, makers of the UK’s favourite treats including Cadbury Dairy Milk, BelVita, Maynard’s Bassetts and OREO, has announced plans to invest £15 million into its Bournville site, the heart
Innova Market Insights’ #2 trend for 2021, Plant-Forward, signifies the evolution of plant-based concepts beyond the core dairy and meat alternatives categories. In 2020, no fewer than 67% of all new
Carlsberg Group has reported an 11.2% decline in revenue to DKr58.54 billion (€7.87 billion) with organic revenue down 8.4% for the year ended 31 December 2020. Operating profit fell 7.3%
Despite significant disruptions in trade throughout 2020, the United States exported nearly 2.4 million metric tons of dairy goods last year–a record-setting mark, according to data released by USDA’s Foreign
The Irish Government has opened the first call for applications under its €100 million Scheme for the Agri-food sector. The Scheme agreed by Government at the end of 2020, has
Wyke Farms, which is one of the UK’s largest independent cheese producers and milk processors, producing over 13,000 tonnes of cheddar per year, has completed its new export ‘centre of
Mondelēz International, the global snacking group, has reported a 2.8% rise in net revenue to $26.58 billion for 2020, primarily driven by organic growth of 3.7% and incremental sales from
Lead scientific consultant at Reading Scientific Services Ltd (RSSL), Roger Angold, has been presented with the Food and Drink Federation’s Lifetime Achievement Award in recognition of his outstanding dedication to
2020 broke records again for the number of food and drink transactions around the world, with 831 registered on the
Despite the global turmoil and negative foreign exchange trends, Emmi, the Swiss dairy group, generated net sales of SFr3.706 billion
Nestlé has announced that its popular Smarties brand is now using recyclable paper packaging for its confectionery products worldwide. This represents
Lidl Ireland is to recruit more than 1,200 new employees to its Irish operations this year in a variety of
Diageo has reported a 4.5% decline in net sales to £6.9 billion for the first half ended 31 December 2020,
The Irish Bakery Association has warned that despite the best efforts of the industry, bread prices will soon be forced upwards
Coca-Cola European Partners, the world’s largest independent Coca-Cola bottler, has joined EV100, a global initiative that brings together companies committed
Unilever has announced a wide-ranging set of commitments and actions to help build a more equitable and inclusive society by
Potential developments in the highly innovative sweets & snacks categories reflect some of the key trends identified by Innova Market
Leading sustainability consulting firm Quantis has launched geoFootprint, the first tool to use satellite imagery to visualize the environmental impact
A £7 million investment in packaging equipment at Wellpark Brewery in Glasgow sees Tennent’s, Scotland’s favourite beer brand, well on
Tate & Lyle has appointed Vivid Sehgal to the position of Chief Financial Officer with effect from 1 May 2021.
PepsiCo has announced plans to more than double its science-based climate goal, targeting an absolute reduction of greenhouse gas (GHG)
After careful review, the Board of ARYZTA, the global food business with a leadership position in speciality bakery, has made
Welsh food and drink manufacturers are being encouraged to take up a free listing in an online directory which allows
Mars UK has announced a multi-year partnership with logistics leader DHL. The landmark project will see the construction of two
Clarivate Plc, a global leader in providing trusted information and insights to accelerate the pace of innovation, has released a
Diageo has announced that Kathryn Mikells, Chief Financial Officer, will leave the company at the end of June 2021 and
HKScan, the Nordic meat and food group, has set the goal of carbon neutrality of its own industrial production by
New figures released in the annual Bord Bia Export Performance and Prospects report 2020/2021 show that the value of exports of Irish
Welsh food manufacturer The Abergavenny Fine Food Co. has sold its blended cheese business to Somerdale International, the British cheese
Valeo Foods Group has acquired Schluckwerder Holding, the leading specialist producer of confectionery products popular throughout Germany and internationally, from
As from February 2021, FrieslandCampina will be making PET bottles from 100% recycled PET (rPET). Because a PET bottle can
Despite a very demanding year, Norway exported 2.7 million tonnes of seafood worth NOK105.7 billion (€10.2 billion) in 2020. This
Flavorchem, an established leader in the manufacturing of flavor, ingredient, and color solutions, has released its 2021 Trends & Flavor
ARYZTA, a global food business with a leadership position in speciality bakery, has announced that it has reached agreement with
Israel-based Aleph Farms and Mitsubishi Corporation’s Food Industry Group have signed a Memorandum of Understanding (MoU) to bring cultivated meat
Mondelēz International has acquired Hu (as in “Human”) Master Holdings, the parent company of Hu Products, a fast-growing US-based snacking
Eight Fifty Food Group, a leading supplier of both branded and own-label seafood and pork controlled by CapVest Partners, the
The Irish Government has launched a new €100 million Scheme for the food processing sector, in recognition of the sector’s
When it comes to cocoa and chocolate, sustainability is taking on increased importance, influencing consumers’ purchase decisions and their perceptions
Having rejected a €734 million takeover offer from Elliott Management, a US hedge fund, the board of ARYZTA, the global
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