WORLD NEWS
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Kerry acquires China’s Jining Nature Group to expand its savoury offering in Asia Pacific
CHINA – Irish global flavour and ingredients company Kerry has acquired China’s Jining Nature Group, as it looks to expand its savoury offering in the…
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Uber to expand presence in food delivery market with acquisition of alcohol ecommerce platform Drizly
US – American technology company Uber is acquiring on-demand alcohol platform Drizly for about US$1.1bn as the ride-share company looks to expand delivery services that…
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World’s largest brewer AB-In Bev reaffirms commitment to US economy with new US$1bn investment
US – Anheuser-Busch, a wholly owned subsidiary of Belgium multinational drink and brewing company Anheuser-Busch InBev, has announced an investment of more than US$1 billion…
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Unilever’s resilience and agility help deliver strong full-year results for 2020
UK – In a year punctuated by market volatility due to the impact of Covid-19, British multinational consumer goods company managed to record underlying sales…
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Hydrolysed vegetable protein from Soy to surpass US$1.17B by 2021 buoyed by demand for more sustainable food
GLOBAL – The hydrolysed vegetable protein market is expected to surpass US$1.17 billion by 2021, fuelled by a continued rise in demand for sustainable food…