Nestlé has reported third quarter sales up 11% to CHF 67.6 billion, reflecting 6.1% organic growth, pricing-created growth of 3.2% and 2.9% real internal growth.
Britvic revenues dropped 2.6% to £1,256M in the wake of a £25M recall of its Fruit Shoot drink – sparked after a six-year-old boy from Essex nearly choked on a ‘spill-proof’ cap.
The moderating food price inflation in China is leading to more room for consumption growth, said Carl Weinberg, chief economist at High Frequency Economics.
Sales growth at foods giant Nestle eased to 6.1 percent in the first nine months of the year, just missing forecasts as consumers in Europe and North America continued to watch their spending and demand in emerging markets also slowed.
DuPont Nutrition & Health announced a global price increase of its Grindsted® hydrocolloids from the DuPont™ Danisco® ingredient portfolio, effective Nov. 1, 2012, or when contracts are renewed.
DuClaw Brewing Company has announced the arrival of its award-winning craft brews in the Philadelphia market, named by Frommer’s as one of the World’s Best Cities for Beer in 2012.
Danone has reported organic growth for the first nine months of 5.6% and for the quarter of 5.0%. The company reconfirmed its full-year targets for 2012.
The influence of electronic grain trading took a big step forward Wednesday with the announcement that the Chicago Mercantile Exchange (CME) Group has acquired the Kansas City Board of Trade (KCBT).
Ines Pelaez, manager of the Argentinian Blueberry Committee is expecting similar results this season to last, in terms of both volumes of export and prices.
Private-label food brand sales are predicted to achieve market penetration of between 25% and 30% in the next decade, up from their current market share of just less than 20%, according to new market data from Rabobank.
The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying.
The Coca-Cola Co., Atlanta, reported strong third-quarter and year-to-date 2012 results, with solid volume and revenue growth and continued volume and value share gains in total non-alcohol ready-to-drink (NARTD) beverages, as well as across nearly every
Brazil announced on Monday it had fully restored agriculture trade with Argentina which means there should be no further impediments or red tape for Argentine fruit or for Brazilian pork.
The EU food contract manufacturing sector will double to reach between £11–13bn (€14–16bn) during the next eight years, according to a new report from Rabobank Food & Agribusiness Research.
