Sales of plant-based foods are growing at five times the rate of total food sales and have a market value of $4.5 billion, according to new data released by the Plant Based Foods Association and the Good Food Institute. According to the organizations, U.S. retail sales of plant-based foods have grown by 11% in the […]
Archer Daniels Midland Company (ADM) have celebrated the grand opening of its new flavor creation and customer service center in North Ryde, Sydney. “We are growing our capabilities in the Australia New Zealand region so we can offer customers the full capabilities of our extensive flavors and specialty ingredients portfolio,” said Vince Macciocchi, president of […]
American beverage giant Coca-Cola Co., says it supports the World Health Organization’s guidelines for limiting added sugar, as the company works on repairing its image in public health circles and reshaping its business. Incoming Chief Executive James Quincey also said the company has “outgrown” its namesake cola and is focusing on becoming a “total beverage […]
A new Mintel report shows that Chinese consumers drank an additional 545m liters of sports drinks in 2015 compared to the previous year, a 25%volume growth. The growth, Mintel further pointed out, “is nearly four times the annual growth in America” during the same time period. In the meantime, the global market for energy drinks […]
