Latest News in the food Industry
Confectionery
Colombia introduces tax on ultra-processed foods
7 Dec 2023
In a bid to curb rates of obesity and other non-communicable disease, the Colombian government has introduced a tax on various ultra-processed food (UPF) and drink products.
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Smuckers, Hostess deal latest food industry mega merger
2 Oct 2023
The J.M. Smucker Co. is to acquire fellow American snack company Hostess Brands for approximately $5.6 billion, following several other high-profile mergers in food and snacks so far in 2023.
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Position snacks as affordable staples, says Euromonitor
13 Mar 2023
With snack sales impacted by the Covid-19 pandemic, war, and inflation, 2023 could see a slowdown in growth with a consumer focus on value, says Euromonitor. Where are the opportunities for food and beverage brands?
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