INDIA – The Hain Celestial Group, a leading organic and natural products company with operations in North America, Europe and India has announced the establishment of a strategic joint venture between Future Consumer Limited and its subsidiary Hain Tilda India Private Limited.
BANGLADESH – International Beverages Private Limited, a division of The Coca‑Cola Company, has inaugurated a new plant in Bangladesh as part of a planned $74 million investment in the country.
INDIA – Diageo was considering raising its majority stake in Indian whisky producer United Spirits, people familiar with the matter said, as the British maker of Johnnie Walker scotch strengthens its hold on the Asian country’s growing liquor market.
CHINA – Chinese pork imports are set to remain heavy for the years to come, thanks to the high cost of domestic production, and the fact that official hog herd figures may be significantly overstated, US officials said.
AUSTRALIA – The drop in Australian sorghum prices, which has already fostered ideas of a drop of at least 25% in sowings, may have further to go, Nidera said, warning that values were still too high to attract Chinese demand.
UK – Tesco and Yeo Valley have joined forces to create a delicious new yogurt variety to help tackle food waste and support food redistribution charity, FareShare.
INDIA – French nutrition and dairy major Danone India, which launched its global flagship infant formula brand Aptamil in India, believes 2017 will be critical year to accelerate its growth in the country.
SWITZERLAND – Nestle, the largest food company in the world, reportedly has its eye on expanding its empire with the acquisition of baby food maker Mead Johnson Nutrition.
INDIA – Uber is bringing its on-demand food delivery service, UberEATS, to India three years after it piloted in Los Angeles.
USA – Despite being the leader in the US pizza delivery business with a 28 percent share, Domino’s still sees “substantial” opportunity for growth, said Patrick Doyle, president and CEO of the Ann Arbor, Michigan-based company.