The project will facilitate consistent wheat procurement and provide a stable buyer for 250 wheat farming enterprises, including smallholder and women-led farms
The Asian Development Bank (ADB) and Ulaanbaatar Flour Limited Liability Company (UBF) signed a 3-year $10 million loan to support loca...
Through the Blue Loan, Thai Union will expand sourcing of sustainable shrimp, shrimp certified under schemes recognised by the Global Sustainable Seafood Initiative (GSSI)
Thai Union Group PCL, the world’s seafood leader, has secured a landmark $150 million Blue Loan from the Asian Development...
The assistance will fund a comprehensive program spanning the entire food production process—from farming and processing to distribution and consumption
The Asian Development Bank (ADB) announced plans to expand its support to long-term food and nutrition security in Asia and the Pacific by $2...
Confectionery and coffee led category growth, with organic increases of 8.9 per cent and 5.1 per cent respectively, driven largely by pricing actions taken to counter input cost inflation
Nestlé announced its financial results for the first quarter of 2025, reporting organic sales growth of 2.8...
The group invested heavily in its future, allocating over €1 billion towards enhancing its manufacturing capabilities and reducing its environmental footprint
Lactalis, the world’s largest dairy group, has announced strong financial and operational results for 2024, reaffirming its resilienc...
A state-of-the-art production line is scheduled to go into operation in autumn 2025
Mondelēz International has announced a significant investment of 65 million Swiss francs in its Toblerone manufacturing facility in Switzerland. With this investment, the company is creating a global center of e...
The first of its kind in Sweden, the factory will have an annual processing capacity of over 40,000 tonnes of peas grown by Lantmännen cooperative members
The European Investment Bank (EIB) has granted a €50 million loan to Lantmännen to co-finance the construction of a new pea protein ...
The company also plans to open over 100 larger and better food stores by FY2028
M&S has announced a £50 million investment in stores across the North West of England for the coming year, creating 300 jobs and adding 100,000 square feet of retail space in the area. This investment is part of...
The plants will be responsible for producing beef, pork, and poultry and will primarily use raw materials imported from Brazil to supply the Vietnamese market and other Southeast Asian countries
JBS has just announced a $100 million investment plan for the construction of two factories in Vietna...
Microalgae protein innovator paves the path to cost parity with dual-tech processes
Israel-based Food-tech company Brevel, Ltd., secured more than $5 million in a seed extension up-round, bringing the total investment in the round to $25 million. This investment injection allows it to accelerate...
The 5.5 billion yen capital investment from 2024 to 2025 will increase production capacity and enhance quality craftsmanship for its spirits and liqueurs
Suntory Spirits, a company that manages Suntory Group’s alcoholic beverage business in Japan, announced a total investment of 6.5 billion ye...
Global unit case volume grew 2 per cent in Q4, led by China, Brazil, and the United States, while full-year volume saw a 1 per cent increase, driven by growth in Brazil, India, and Mexico
The Coca-Cola Company has reported robust financial and operational results for the fourth quarter and full ...
FAO Director-General addresses High-Level Side Event at African Union Summit in Addis Ababa hosted by the King of Lesotho
The Director-General of the Food and Agriculture Organization of the United Nations (FAO), QU Dongyu, told African leaders gathered in Addis Ababa that “bold investments”...
Unilever's Foods division saw 2.6 per cent growth, with Knorr and Hellmann’s accounting for about 60 per cent of the segment-leading the way
Unilever's Foods and Ice Cream segments experienced steady growth in the past year, with underlying sales increasing by 2.6 per cent and 3.7 per cent, re...
Nestlé expects organic sales growth to improve in 2025, though underlying trading operating profit margins may see short-term pressure due to increased investments
Nestlé has announced its financial results for 2024, reporting a 2.2 per cent organic sales growth, with real internal growth (RIG...
The project is expected to be completed in the second half of 2026
Ingredion Incorporated, a leading global provider of ingredient solutions for food, beverage and industrial applications, announced investments of more than $100 million to increase efficiency, modernize equipment and also instal...
The investment will focus on expanding production capacity at Nestlé plants located in Veracruz, Guanajuato, Querétaro, and the State of Mexico
In a significant announcement from the National Palace in Mexico City, the President of Mexico Dr Claudia Sheinbaum Pardo met with Steve Presley, CEO ...
The investment will support increased production capacity
Nestlé Australia has announced a new $30 million investment in its Campbellfield factory in Victoria, the home of KitKat.
This state-of-the-art technology will enhance digital and AI capabilities, improving the iconic KitKat wafer and...