ADB, Ulaanbaatar Flour partner to support wheat supply chain in Mongolia

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...

Thai Union receives $150 Mn Blue Loan from ADB

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...

ADB support for food security to reach $40 Bn by 2030

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...

Nestlé reports 2.8% organic growth in Q1 2025

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...

Lactalis reports solid growth in 2024 amid global challenges

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...

Mondelēz International invests 65Mn Swiss Francs in Toblerone facility in Switzerland

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...

EIB supports plant protein factory in Sweden

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 ...

M&S invests £50 Mn in North West England

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...

JBS announces $100 Mn investment plan for Vietnam

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...

Brevel expands seed round to $25 Mn through warrant exercise

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...

Suntory invests 6.5 Bn Yen in Osaka plant to strengthen gin category in Japan

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...

Coca-Cola’s net revenue up by 3% to $47Bn

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 ...

Bold investments needed to address challenging nutritional burden in Africa

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 reports growth in food and ice cream divisions

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 reports solid 2024 performance sets ambitious growth plans

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...

Ingredion invests $100 Mn in Indianapolis plant

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...

Nestlé announces $1Bn investment in Mexico

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 ...

KitKat Australia factory receives $30Mn break

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...

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