Quorn Foods' “transformation journey” gathered steam in the first quarter as the business takes steps to drive full-year profitability.
This is not only a geopolitical crisis but also a disruption at the core of the global agri-food system," FAO Director General Qu Dongyu said.
Danone is to shut a dairy-alternatives factory in the US making products under the Silk and So Delicious Dairy Free brands.
Post Holdings has promoted its COO to chief executive, with CEO Robert Vitale moving to a new role of executive chairman.
Kraft Heinz is making inroads in gaining market share but analysts have suggested the chance of the US giant looking to sell its frozen-food assets has increased.
Maple Leaf Foods has underlined its “confidence in the plant-based category” with its move to relaunch Yves Veggie Cuisine.
Beyond Meat is forecasting another fall in sales in the second quarter after booking a 15% drop in the opening three months of the year.
Meatly will build a cultivated-meat production facility in the UK after raising £10.4m ($14.16m) in its Series A round.
Packages of Brainiac fruit snacks. Credit: The Image Party/Shutterstock.com Bel Group has acquired Ingenuity Foods’ Brainiac and Little Brainiac brands, US products said to “support brain health”.