The global food packaging equipment market is projected to surge to $33.15 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.3%…
View More Food Packaging Equipment Market to Reach $33.15 Billion by 2031: Focus on Asia-Pacific and Europe
Banana chip brand Beyond Snack is targeting a 10% share of the overall chip market in India by 2026, co-founder Manas Madhu said. Last month,…
View More Beyond Snack Aims for 10% of India’s Chips Market, Triples Production Capacity
Leaders of major global consumer companies, including Coca-Cola, Unilever, Mondelez, PepsiCo, and Domino’s, have highlighted India as a key investment market, particularly for urban-centric and…
View More Global Consumer Firms Single Out India for Investment Potential
ITC Ltd., one of India’s leading conglomerates, announced plans to invest Rs. 20,000 crores in the medium term across various businesses. Chairman and Managing Director…
View More ITC to Invest Rs. 20,000 Crores in Medium Term across Businesses: Chairman and MD, Sanjiv Puri
Chennai-based agritech startup WayCool Foods has reportedly laid off around 200 employees as it faces a funding crunch and mounting losses. In response to an…
View More WayCool Lays Off 200 Employees Amid Restructuring and Automation Efforts
Danone, a global dairy giant, has announced a partnership with Microsoft to integrate artificial intelligence throughout its supply chain. The initiative, known as the Danone…
View More Danone Partners with Microsoft to Scale AI Projects and Upskill 100,000 Workers
Parle, owned by Parle Products, has once again been named India’s top FMCG brand according to the latest Brand Footprint ranking by the Kantar World…
View More Parle dominates as India’s top FMCG brand for the 12th consecutive year
Bigbasket, a TATA Enterprise, has launched BB Matrix, an end-to-end SaaS-based supply chain platform designed to provide complete visibility across the entire supply chain, the…
View More Bigbasket Launches BB Matrix Supply Chain Platform
Staff shortages remain the primary reason food manufacturers are investing in robotics, according to new research by Rabobank. Food producers are increasingly turning to robots…
View More Robotics Investment in the Food Industry Driven by Staff Shortages
According to a report by market research firm Mintel, the food and beverage industry has experienced a significant decline in innovation since 2007. Only 26%…
View More Innovation in the Food and Beverage Industry Drops Nearly 50% Since 2007: Mintel Report