ZIMBABWE – Milk production in Zimbabwe is on a growth trajectory thanks to a 5-year dairy sector development plan spearheaded…
Read MoreZimbabwe milk production rises to 83 million litres on back of five-year dairy development plan
Year: 2022
Mondelēz divests gum business for US$1.35B as Mars explores acquisition of whole-fruit snacking brand Trü Frü
GLOBAL – Global snack and confectionery giant, Mondelēz International has agreed to offload its gum business in Canada, the US,…
Read MoreLow returns force Abbot Laboratories to pull out of Chinese infant formula market
CHINA – American infant formula giant Abbot Laboratories, is planning to discontinue the production and supply of infant formula in…
Read MoreNestlé partners with Perfect Day to produce animal-free dairy beverages
USA – World’s largest food company, Nestlé has unveiled an animal-free dairy beverage dubbed cowabunga to be trialled in six…
Read MoreKerry unveils new digital tool to assess front-of-pack nutrition labels
IRELAND – Kerry, a world leader in taste and nutrition, has launched a new digital tool that will support manufacturers…
Read MoreTurkish investors to start a new fish processing company in Gabon
GABON – Businessmen from Turkey plan to invest in the fish and fish products sector in Gabon to help improve…
Read MorePepsiCo to scaleup concentrates production in Ireland
IRELAND- American food and beverage giant PepsiCo has submitted a planning application to Cork County Council, Ireland, to expand its…
Read MoreNestlé commits US$107m to lower carbon footprint of three international water brands
SWITZERLAND – Swiss multinational food and drink processing conglomerate, Nestlé, plans to invest over CHF 100 million (US$107 million) by…
Read MoreDawn Meats to invest US$109M in sustainability programs as part of net zero goal push
IRELAND – Dawn Meats, a family-owned meat marketing and supplying company, has announced a £90 million (US$109M) investment into sustainability…
Read MorePlant-based foods maker NotCo raises US$70M to offer AI tech to more food industry players
SOUTH AMERICA – NotCo, a food-tech company focused on producing plant-based alternatives to animal-based products, has raised US$70 million to…
Read More