WORLD NEWS
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Beverage industry may fail to hit projected growth due to strikes
GLOBAL –Beverage industry might not be able to fully realize the projected growth of CAGR of 2.53%, as forecasted by Market Research due to waves…
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Big blow to plant-based meat sector as France bans associated meaty terms
FRANCE – Meaty words such as ‘sausages’, ’steak’, and ‘bacon’ that plant-based meat manufacturers have been using to describe meat alternatives are banned in France,…
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Kraft Heinz inks renewable power deals in push to achieve net-zero emissions by 2050
US- Kraft Heinz, an American multinational food company, has entered into a virtual power purchase agreement (VPPA) with Berkshire Hathaway Energy subsidiary, BHE Renewables, for…
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Moët Hennessy acquires Joseph Phelps vineyards to bolster global portfolio of exceptional wines
US – Moët Hennessy, the wines and spirits division of LVMH, has acquired Joseph Phelps Vineyards, one of the most respected and acclaimed wine properties…
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DSM begins customer sampling of its bio-based vitamin A
NETHERLANDS—Royal DSM, a global purpose-led science-based company, has begun customer sampling of the world’s first fully bio-based vitamin A, an initial step before the commercial-scale…