Sugar & Confectionery
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Mondelēz International posts 9.7% FY2022 revenue rise boosted by strong performance in emerging markets
US – Snacks giant, Mondelēz International, has reported a 9.7% net revenue rise for the Full Year ended December 31, 2022, driven by Organic Net…
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Cadbury Nigeria reports 110% profit surge amid challenging macroeconomic environment
NIGERIA – Cadbury Nigeria Plc, a subsidiary of multinational snacking business, Mondelez International, has achieved a 110.22 percent rise in net profits to N946million for…
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Cargill unveils “power ingredients” that have been designed for “outstanding sensory appeal” in vegan chocolate
US – Cargill has developed a range of plant-based “power ingredients” that have been designed for “outstanding sensory appeal” in vegan chocolate such as its…
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Campbell Soup invests US$50m in consolidating snacking operations and expanding team
US – Campbell Soup, an American processed food, and snack company, has planned to invest US$50 million and add 330 workers at its New Jersey…
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Boon to Ecuador cocoa sector as country signs free trade pact with China
ECUADOR – Ecuadorian food industry players, especially in the cocoa, have posited the free trade agreement (FTA) their government has signed with China as a…