LATEST NEWS
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Yogurt market value to exceed US$100bn driven by demand for healthy, tasty foods
GLOBAL – The global market value of yogurt is set to exceed the US$100 billion mark for the first time as consumers buy more of…
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Lesaffre promotes Brice-Audren Riché to Group chief executive officer
FRANCE – Lessaffre, a leading French fermentation specialist, has appointed Brice-Audren Riché as chief executive officer to spearhead the Group’s overall development in the fields of baking, nutrition…
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Hain Celestial bolsters presence in US snack market with acquisition of cheese crisp and cookie brands
USA – Hain Celestial is eyeing a greater share of the US snack food market with the planned acquisition of That’s How We Roll, the…
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Grofers rebrands to Blinkit to portray accelerated transition to quick commerce
INDIA – Grofers, a leading Indian online grocery delivery platform, has rebranded itself as Blinkit to reflect its focus on quick commerce. Quick commerce as…
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McDonalds to expand Italian restaurant footprint by 200 to meet surging demand
ITALY – American fast-food chain McDonald’s will open 200 new restaurants across Italy by 2025 to meet rebounding demand for fast foods, Dario Baroni, chief…