AB InBev, the Belgian-Brazilian multinational drink and brewing company which owns brands including Budweiser, Stella Artois and Beck’s, took a $2.5 billion write-down in the value of its African operations due to market risks, as its Q2 earnings were significantly hit as a result of the Covid-19 pandemic.
Holding a firm second position, PepsiCo reported a 3.1% decline in net revenue in its second quarter results, yet admitted it has continued to see "resiliency" in its global snacks and food business.
FE spoke with a few experts from the A&E/C community to get a wide-angle view of some of the key issues affecting food processors and their supply chains.
Sun-Maid modernized its logo and packaging graphics for raisins and other fruit snacks to appeal to millennials and highlight key clean label benefits.
New hemp extract edibles—little beads that you dissolve under your tongue—come in a sleek dispenser with tiny dosing cap on top so people can avoid touching the product.
There's been a lot of hype about Blockchain — in fact, it uses networking and distributed database technology with encryption, security and much more. But should you jump on the bandwagon now?
According to a white paper published by the Institute of Food Technologists entitled "Food Research: Call to Action on Funding and Priorities," public spending on foundational research for both agriculture and food in the U.S. has been slowly trending downward since 2006 or so, while private R&D spending has seen a small increase.
