USA
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USDA invests US$300M to streamline organic dairy farming into profit making venture
US – The US Department of Agriculture (USDA) has opened a US$300 million investment initiative to help build new and better markets as well as…
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Kraft Heinz divests B2B powdered cheese business to Kerry Group
US – The fifth-largest food and beverage company in the world, Kraft Heinz has entered into a definitive agreement to sell its B2B powdered cheese…
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Hain Celestial registers 14% rise in revenue despite macroeconomic challenges
US – American food company Hain Celestial has reported a 14% year-on-year to US$457.01 million rise in revenue in the fourth-quarter Full Year 2022 results…
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Abbott expands Sturgis plant to bolster production of EleCare specialty formula
US – Abbott Laboratories, one of the largest US-based baby formula manufacturers, is undertaking a project that will expand the production of EleCare specialty formula…
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Ben & Jerry’s loses petition to stop Unilever from selling its Israeli business unit
US – Unilever-owned ice cream and dairy brand, Ben & Jerry’s has lost its petition to stop its parent company Unilever’s deal with Avi Zinger…
