WORLD NEWS
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Strong performance in developed markets boost Mondelēz’s 2020 results
US – American multinational food and beverage company Mondelēz International‘s net revenue for 2020 rose by 2.8% to US$26.58 billion driven by a strong performance…
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US online packaged food and beverage sales could top US$100B in 2021- Food Industry Association
US – Online sales of packaged food and beverages could hit as much as US$109 billion this year, according to research by the Food Industry…
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Israeli biotech startup Ukko secures US$40m to develop food allergy solutions
ISRAEL – Israeli-based Biotech company Ukko has raised US$40 million in Series B funding to help accelerate the development of healthier food and therapies for…
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Coca-Cola European Partners commits to switch to electric vehicles in effort to combat climate change
UK – British multinational bottling company Coca-Cola European Partners (CCEP) has joined The Climate Group’s EV100 initiative, which brings together companies committed to accelerating the…
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US Spirit suppliers record 7.7% rise in sales despite double whammy of pandemic and tariffs
US – Supplier sales of spirits rose 7.7% in 2020 despite of the Covid-19 pandemic and new tariffs imposed by the European Union on US…