The new Los Angeles site to focus solely on meat stick manufacturing as demand surges
The South African poultry giant warns of a significant decline in profits due to external pressures.
Average meat intake in the European Union has increased for the first time since 2019, though long-term growth remains uncertain.
The American company is strengthening its push to bring cultivated seafood to UK and EU markets.
Domestic consumption surge has reduced exports by 87% in early 2025. The shift is linked to GMO soybean policy reversal and feed industry rebound.