Weak European sugar prices, higher gas costs and lower UK beet yields are weighing on ABF’s sugar outlook, while its Grocery and Ingredients businesses continue to grow.
The cooperative increased procurement and value addition while raising concerns over imported arecanut and investing in new processing and storage infrastructure.
The AB InBev-owned brewer is expanding its Beyond Beer portfolio as ready-to-drink beverages gain momentum across African markets.
Brown brings decades of food, beverage and dietary supplement experience as Amai seeks to scale its precision-fermented sweet protein technology.
The move follows India’s approval of 1 million tonnes of duty-free raw sugar imports as the government seeks to ease high prices and strengthen festival-season supplies.