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Herbalife Nutrition becomes Team India’s official nutrition partner for Tokyo Olympics

Herbalife Nutrition becomes Team India’s official nutrition partner for Tokyo Olympics

According to Rajeev Mehta, Secretary-General, Indian Olympic Association (IOA), the synergy between Herbalife Nutrition and Indian Olympic Association creates a sporting platform that leverages science-based nutrition Herbalife Nutrition is the ‘Official Nutrition Partner of Team

Global
Barry Callebaut to open chocolate factory in Russia

Barry Callebaut to open chocolate factory in Russia

The factory was acquired in September 2020, and will be operational in August 2021.Swiss chocolate maker Barry Callebaut Group has announced the opening of its third factory in Russia, in the special economic zone of

Global
US invests $500 M for expanded meat & poultry processing capacity

US invests $500 M for expanded meat & poultry processing capacity

The new effort will strengthen the food system and create new market opportunitiesUnited States Department of Agriculture (USDA) has announced that it intends to make significant investments to expand processing capacity and increase competition in meat

Global
FAO: Global food prices fall for the first time in 12 months

FAO: Global food prices fall for the first time in 12 months

FAO Food Price Index fell by 2.5 per cent in June, after a year of consecutive increasesGlobal food commodity prices fell in June for the first time in 12 months, according to a benchmark United

Global
UK regulates junk food and bolsters prospects for health food industry

UK regulates junk food and bolsters prospects for health food industry

The National Health Service (NHS) has begun to crack down on the promotion of unhealthy foods in an effort to reduce costs on national healthcareThe UK government has enacted a regulation that prevents late-night advertising

Global
Essity invests EUR 11 M to improve recycling of F&B cartons in France

Essity invests EUR 11 M to improve recycling of F&B cartons in France

Essity’s Hondouville mill has been the leading recycler in France of food and beverage cartonsGlobal hygiene and health company Essity invests approximately EUR 11 million (approximately SEK 110 million) in its Hondouville mill in France, allowing to extract

Global
Saputo expands presence in UK after acquiring Wensleydale Dairy Products

Saputo expands presence in UK after acquiring Wensleydale Dairy Products

The purchase price of GBP 23 million (approximately CDN$39 million), on a cash-free and debt-free basis, will be paid in cash at closingCanadian firm Saputo Inc. has recently announced that it has entered into an

Global
Nestlé tops ATNI index, improves healthfulness of products

Nestlé tops ATNI index, improves healthfulness of products

The Access to Nutrition Initiative (ATNI) Global Index assesses the 25 largest food and beverage manufacturers in the worldNestlé has maintained the number one position in a ranking of food and beverage manufacturers on making healthy food affordable and accessible to consumers.

Global
Danone acquires majority stake in Harmless Harvest

Danone acquires majority stake in Harmless Harvest

Builds on Prior Investment and Strengthens PartnershipDanone Manifesto Ventures (DMV) has announced that it has acquired a majority stake in Harmless Harvest, a leader in organic coconut-based products including coconut water and dairy-free coconut yogurt

Global
New commitment to reduce added sugars in beverages by another 10% across Europe

New commitment to reduce added sugars in beverages by another 10% across Europe

This will represent a 33 per cent overall reduction in average added sugars over the last two decadesOn the occasion of its 63rd anniversary, UNESDA or the Union of European Soft Drinks Associations, representing Europe’s soft