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...In the UK, prices for food and non-alcoholic beverages rose 5 per cent in the year to February, the lowest since the start of 2022 and well below the 45-year high of 19.2 per cent in March 2023....
...Drawing on her prior experience running Suntory Beverage & Food’s human resources department, she wants to internationalise the group further....
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
...British government plans to require all meat and dairy products sold in the UK to be labelled “Not for EU” consumption will raise food costs, hit exports and deter investment in domestic food manufacturing...
...The BRC figures suggest the official rate of price growth for food and non-alcoholic beverages eased further in December after declining to 9.2 per cent in November from 10.1 per cent the previous month....
...“Margins on the continent tend to be better than with UK retailers because people pay more for their food....
...Suntory Beverage and Food is the soft drinks company of the Suntory Group. It does not include Suntory whiskies as wrongly suggested in the Women of the Year feature....
...Associated British Foods, which also owns food brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profit to £881mn for the six months ending March 2, up from £644mn a year earlier....
...Price growth of food and non-alcoholic beverages hit a 45-year high of 19.2 per cent in March this year, according to the Office for National Statistics....
...Business and trade secretary Kemi Badenoch has warned Steve Barclay, her counterpart at the Department for Environment Food and Rural Affairs, that his plans will drive up food costs and risk upsetting Britain...
...However, the BRC also reported that non-food inflation was unchanged at 1.3 per cent, the lowest rate since January 2022....
...Jakobsdóttir’s comments come amid concerns about food security in Europe as big agricultural exporters such as France and the Netherlands try to find ways to balance food production with the need to meet...
...However, the food industry on Monday warned of a shortage of sugar in Europe and said Ukrainian imports were needed....
...to research published by the journal Nature Food....
...In the new category of no- and low-alcohol beverages, he added that the company would invest more in start-ups to gain the technology and capability to produce more beverages in small volumes....
...This month, Tusk said that Latvia had understandably imposed its own ban on Russian food exports — and warned that Poland could follow suit....
...“It is important when you look at the food sector softness to put it in historic perspective and what we’ve seen over the last two years was definitely a food price inflation spike of historic proportions...
...“We’re seeing a bit of a slowdown in the US in both the food and beverage category,” chief executive Ramon Laguarta told analysts....
...Greggs said its share of the overall “food-to-go” market hit 8.2 per cent, while its share of the food-to-go breakfast market rose to 19.6 per cent, making it the market leader....
...India’s Tata conglomerate is on the hunt for food and drink acquisitions that it can grow internationally, as the Tetley tea owner sets out to become a major consumer goods player....
...“Consumers have no choice but to recognise that food is valuable and that to produce food in a sustainable way requires much more effort than the large-scale planet destroying food production we have today...
...Just over 70 years later, the bakery has taken a record 8.2 per cent of the UK’s food-to-go market, where it has even knocked McDonald’s off the top spot for breakfasts....
...There is more to come, especially in markets where food delivery is less widespread. Demographics will help....
...Households accounted for 70kg of the 131kg of food wasted per inhabitant in the EU in 2021, according to lagging Eurostat data. Food waste technologies cover a broad area....
...and beverage as a whole, so it just makes sense.”...
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