WORLD NEWS
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Kerry Taste and Nutrition charts predict traditional recipes will propel food and beverage innovations in 2023
APMEA – Kerry has released its APMEA 2023 annual Taste and Nutrition Charts highlighting the upcoming and emerging flavors for the coming year, as well…
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Cultivated meat industry scores big with launch of world’s first animal-free pork steak, regulatory approval for serum-free media
UK – 3D Bio-Tissues (3DBT), a biotechnology startup in the UK has managed to cultivate the world’s first pork steak made from 100% cultivated meat.…
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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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McDonald’s Corp beats analysts’ Q4 estimates with 12.6% sales rise, plans to open 1900 more restaurants globally
US – American multinational fast-food chain, McDonald’s Corp, expects “short-term inflationary pressures to continue in 2023” with a mild-to-moderate US recession this year, with a…
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Saudi’s Nadec signs pacts to aid its ambition of becoming US$1.59bn vertically integrated food business
SAUDI ARABIA – National Agricultural Development Co. (Nadec) has signed several agreements and memorandums of understanding (MoUs) as part of the five-year plan to become…