Nestlé cocoa scheme update

Simply Good Foods deal / Naturli' CEO on innovation

Forward this email  |  View in browser JustFood In Brief April 30, 2024 Client Showcase Key factors that influence the success of plant-based food With plant-based and flexitarian diets growing in popularity  across many parts of the world, food manufacturers are asking the question: how can we make the best out of our plant-based products?   Download free whitepaper SPOTLIGHT READ "Bring it in temporarily, take it out, create a fuss" – Naturli' Foods CEO Henrik Lund on his love of limited edition products Previously a player in plant-based meat, Naturli' now focuses on alt-dairy products. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Client Showcase The plant-based revolution has further to go After a bumpy ride in 2023, GlobalData analysis shows the long-term prospects of the market are healthy but brands must innovate to take advantage of demand in a tricky market Nestlé cocoa income accelerator boosts pay but hasn't closed living wage gap, says report Income for cocoa farming households is still $2,780 below the estimated living wage benchmark, according to the KIT Institute.   The Simply Good Foods Co. to acquire protein peer Only What You Need The plant-based protein shakes group is being taken over from majority shareholder United Nutritional Brands.   Netherlands government proposes sugar tax on drinks The tax would be in addition to the current flat rate of €26.13 ($27.96) per 100 litres.   Nestlé signs India venture with pharma group Dr Reddy's The Swiss giant's Indian arm will initially hold a minority stake in the new business.   Katjes sells stake in porridge business Haferkater back to founders Katkes backed Haferkater via its investment arm Katjesgreenfood seven years ago.   Nestlé to cut jobs at Germany headquarters The Swiss giant plans to lay off "slightly more than 100" staff at the site, which employs around 1,500.   The US brands that thrive forget the moonshots and focus on the consumer Trying to disrupt the US CPG industry with venture-capitalist-financed concepts is out, writes Victor Martino.   AI attacks "the main cybersecurity concern" for businesses across sectors GlobalData analyst David Bicknell discusses the emerging role of AI in cybersecurity and the broader evolving threat landscape. Read more news IN-DEPTH READ Meat Market Overview GlobalData's latest report offers a comprehensive overview of the global meat sector, analyzing data from 108 countries. The meat market was valued at $1,075.9 billion in 2023 and is likely to grow at a CAGR of >4% from 2023 to 2028. Low-income and middle-income countries will fuel the sector's growth in the long term. Furthermore, technology is going to be a big part of increasing the operational efficiency and growth of meat companies. Buy report MORE FOR YOU Explore our marketing solutions   Merging industry-leading business intelligence & award-winning journalism, this is an unrivalled opportunity for engagement with B2B professionals across a network of 40+ leading media websites.    Request a demo Just Food Digital Magazine   Issue 55 | March 2024   In this issue: Indulgence in spotlight / The role of the CSO / Hill's Pet talks tech – and more. Read the magazine Click below to view more from across the network: Verdict Foodservice   |   Just Drinks   |   Packaging Gateway   Was this email forwarded to you? Sign up here.   Please send any news or comments to: foodeditor@aroq.com   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences