Financials & Economy
-
SunOpta gears up to hit revenue milestone of US$2bn in seven years
CANADA – SunOpta Inc, a multi-national food and mineral company, has laid out long-term fiscal guidance to double revenue, with plant-based beverages, nutrition beverages, and…
-
South Africa increases quota for US frozen imports to boost local supply
SOUTH AFRICA–In a Gazzate notice published on 31 March 2023, the South African government has announced an increase in annual quota for frozen bone-in cuts…
-
Kenya suffers from butter shortage as processors suspend production in favour of liquid milk
KENYA – Kenyan government has attributed the shortage of butter that has hit many households and the hospitality industry to the scarcity of milk, which…
-
US plant-based meat volumes fell by 4% in 2022: GFI Reports
US – Plant-based meat volumes across all channels; retail, out-of-home, and e-commerce in the US declined by 4% in 2022, according to the Global Food…
-
Bobbie banks on D2C model to augment its share in European-style infant formula market
US – Bobbie, the only mom-founded and led infant formula company in the US, is banking on D2C as its major business model as it…