WORLD NEWS
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Zomato to invest US$1B over the next 2 years to accelerate growth of Indian startups
INDIA – Indian multinational food delivery company, Zomato has announced plans to invest US$1 billion over the next two years to accelerate the growth of…
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Hershey expands snacking portfolio with US$1.2B acquisition of Dot’s Homestyle Pretzels
US – American multinational snack company, Hershey is buying fast-growing Dot’s Homestyle Pretzels and its Midwest co-manufacturer Pretzels Inc., in an effort to broaden its…
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Lessaffre establishes new baking center in Dubai to support bakery innovation in the Middle East
UAE – French yeast manufacturer Lesaffre has established a new baking center in Dubai to drive baking innovation in the United Arab Emirates (UAE) and…
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Plant-based food’s future growth to be driven by price and choice, reveals Innova Market Insights
EUROPE — Price and choice have been identified as the two key factors that will drive future growth of the incredibly popular plant-based food market,…
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Barry Callebaut trade volumes return to pre-pandemic levels as former CEO makes a comeback
SWITZERLAND – Swiss chocolate maker, Barry Callebaut has seen trade volumes return back to pre-pandemic levels thanks to pandemic-weary customers returning to cafes and bakeries…