WORLD NEWS
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Constellation Brands not giving up on Mexico, plots new US$1.3B new brewery
MEXICO – Constellation Brands, the American producer, and marketer of beer, wine, and spirits, is said to be planning to build a new brewery in…
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Consumers budgets continue to tighten as global food prices rise for fourth consecutive month
GLOBAL – Consumers globally paid more for their food in November this year than they did during the same period last year, latest data from the…
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Oatly to build 3 new facilities by 2023 to meet soaring demand and cut production costs
SWEDEN– Swedish alternative milk company Oatly is expanding its global manufacturing footprint to meet unprecedented demand for its plant-based milk. The recent expansion would see…
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Meatless Farm taps Upfield executive Dior Decupper as new chief executive
UK – British plant-based meat alternative brand, Meatless Farm has tapped into the expertise of former Upfield executive Dior Decupper for its chief executive role. …
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Soda taxes put brakes on consumer demand for sugar beverages, new study funds
USA – Consumer demand for sugary beverages has been significantly reduced by the implementation of sugar taxes in some jurisdiction, a new study by the…