China to overtake US as the world’s largest grocery market by 2023

CHINA – China is set to become the world’s largest grocery market by 2023 in value terms, overtaking the US which has been benefiting from a strengthening economy. According to the latest statistics from international […]

Pernod Ricard acquires majority stake in spirits producer Rabbit Hole

USA – Pernod Ricard has announced that it has agreed to acquire a majority stake in Louisville, Kentucky based spirits company, Rabbit Hole Whiskey for an undisclosed sum. The deal expands Pernod Ricard’s newly created […]

Nestle launches Materna Opti-Lac to support breastfeeding in lactating mothers

SWITZERLAND – Nestle has launched a new product called MATERNA Opti-Lac to support and protect lactating mothers from risks associated with breastfeeding. The probiotic solution will help them reduce the risk of breast pain and […]

Symrise’s Diana Food opens R&D facility in Canada to drive innovation

CANADA – Diana Food, the nutrition and wellness division of Symrise has opened a new research & development facility in Quebec, Canada to promote innovation in consumer nutrition and well-being solutions. The new center will […]

Cannabis company Coda Signature raises US$24.4m in Series A funding

USA – Coda Signature, a leading brand of premium, cannabis-infused edibles, topicals and concentrates has closed US$24.4 million Series A funding round led by Granite Hall Partners. The funding round which looks to accelerate expansion […]

Barentz forms joint venture with Dutch ingredients company TasteStrik

NETHERLANDS – Barentz International B.V., a leading supplier of ingredients for the food and nutrition industry has formed a joint venture with the Dutch family business, TasteStrik. The joint venture supports Barentz’ strategy of offering […]

FSSAI proposes ban on junk food advertisements in and around schools

INDIA – The Food Safety and Standards Authority of India has proposed a ban on junk food advertisements in and around school premises to protect school children from junk foods and unhealthy eating. This is […]

Thermo Fisher Scientific’s metal detector meets ‘gold standard’ requirement

UK – Thermo Fisher Scientific, an American biotechnology product development company has unveiled its latest metal detection technology which has met stringent standards set by UK leading retailer Marks & Spencer. The “gold standard” requirements […]

Tata Global reorganizing to become diversified consumer products firm

INDIA – Tata Global Beverages Limited (TGBL) is looking to restructure its business with a goal of becoming a complete diversified consumer product company. According to an ET Retail report, the beverages-focused group may be […]

Uber Eats to begin testing food delivery by drone in the US

USA – Uber Eats, the online food ordering and delivery platform by Uber has said that it would start testing food delivery by drone in the region of San Diego, California as it ramps up […]