WORLD NEWS
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Pilgrim’s Pride reaps big in Q3, registering 16.8% net revenue growth as consumer tastes shifts from costly beef to cheaper chicken
US – Pilgrim’s Pride Corp., the second-largest US poultry producer, has benefited greatly from consumers trading down to chicken during inflation, posting powerful performance for…
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Azelis taps into Symrise potential to bolster food & nutrition presence in Indian and Indonesian markets
INDIA/INDONESIA – Ingredients supplier Azelis has partnered with flavor powerhouse Symrise in India and Indonesia to bring new solutions that enrich the taste and improve…
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Mosa Meats scales up beef cultivation with investment in new facilities and strategic partnerships
SINGAPORE – Mosa Meat, a Dutch food technology company, is seeking to augment its cultured beef production with a new industrial production development center which…
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Mondelēz registers 8.1% rise in Q3 net revenue, lifts full-year guidance
US – American multinational confectionery, food, beverage, and snack food company, Mondelēz International, has posted a net revenue of US$7.7 billion, an increase of 8.1%…
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Molson Coors posts 4% growth in Q3 net sales, positive net pricing and favorable sales mix drive growth
US – Molson Coors Beverage Company has registered a net sales increase of 4% in the third quarter of 2022 underpinned by positive net pricing…