
Suntory reacts as CEO quits amid drug investigation
The shocking resignation of Japanese food and beverage giant Suntory’s CEO has sent shockwaves through the industry
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The shocking resignation of Japanese food and beverage giant Suntory’s CEO has sent shockwaves through the industry
The cultivated meat sector needs to be aligned with not only food safety regulations but also local religious and cultural beliefs in Asia if commercial success is to be achieved in the region.
The palm oil and other agrifood sectors may have breathed a collective sigh of relief at the European Commission (EC) announcement that EUDR enforcement will be delayed – but experts are warning that the root problems are yet to be resolved.
Snacking giant Mondelez says affordability, portion control and portfolio variety as important growth drivers for the AMEA snacking industry in an era when consumers have become increasingly fastidious about their spending.
Taiwanese authorities have drafted a new set of regulations for milk product labelling in the country, in the hope of reducing consumer confusion regarding the various items available on supermarket shelves.
Food firms in Australia and New Zealand have been told that that if current 70% Health Star Rating uptake targets are not hit by November next year, it is likely to lead to mandatory implementation.
Hindustan Unilever India (HUL) hopes that recent deflation in milk prices as well as investments to make its nutrition brands such as Horlicks and Boost more accessible will aid its financial performance.
Thailand-based plant-based specialist firm Buono believes that the success of its business can be credited to its portfolio variety which focuses on more unique products as opposed to meat replacements.
Food and beverage giant Nestle has maintained its optimistic stance on returning to ‘normalised’ non-price driven growth this year, despite seeing some setbacks in the Asia Pacific and US markets in the first three months of 2024.
FNA FOOD AND BEVERAGE TRAILBLAZERS EP 49
Singapore cultivated seafood firm Umami Bioworks believes that strategic mergers are crucial to overcome doubts about the sector and achieve buy-in from major brands which can help the category scale-up.