WORLD NEWS
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Leprino Foods to acquire sole ownership of Glanbia cheese for US$170.4M
EUROPE – Leprino Foods, an American multinational cheese manufacturing company, is set to acquire full ownership of Glanbia cheese, its joint venture with Glanbia PLC,…
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Popular zero-calorie food sweetener erythritol linked to increased risk of heart attack and stroke
GLOBAL–A sugar substitute popular in snack bars and low-sugar ice cream, erythritol, may increase the risk of heart attacks and strokes, a new research carried…
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Gin export from UK bounces back as exports to EU decline by 4%
UK – The total value of UK gin exports increased by £189.4 million to £730.9 million (US$776.59m), up by more than one-third on 2021 figures,…
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IWSR research provides insights into how brewers adapt to changing drinking patterns
GLOBAL – In the decade to 2021, global beer consumption had slipped by -4%, prompting brewers to accelerate their innovation to stay resilient, as IWSR…
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Monster Beverage revenue leaps 13.9% in FY22 boosted by pricing actions and moderating supply chain challenges
US – Energy drinks giant, Monster Beverage Corporation, has posted a revenue surge of 13.9 percent to US$6.31 billion, from US$5.54 billion in 2021 despite…