FSSAI (the Food Safety and Standards Authority of India) has introduced a new digital utility that enables consumers to directly report misleading claims made on food product labels. Consumers can now lodge complaints regarding misleading or false claims displayed on…
food business
Olam Agri, a market-leading food, feed, and fiber agri-business, has signed a Memorandum of Understanding (MoU) with German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to scale up sustainable development in the global agri-food sector. The MoU provides…
Louis Dreyfus Company (LDC) announced today the signing of a binding agreement for the acquisition of BASF company’s Food and Health Performance Ingredients business, including a production site and state-of-the-art R&D center in Illertissen, Germany, and three application labs outside…
Ensuring food safety and quality is a top priority for the food industry. Establishing a robust food safety and quality culture within an organization is essential to protect consumers from potential risks and deliver products that meet or exceed their…
Weikfield Foods Pvt. Ltd., a leading Indian brand recognized for its Custard Powder, Corn Flour, Baking Powder, and Pasta, has introduced a revolutionary product called the Weikfield Instant Custard Mix. This remarkable dessert, prepared within a mere 2 minutes, is…
Specialty foods sales across all retail and foodservice channels approached USD 194 billion in 2022, marking a 9.3 percent increase over 2021. According to SFA’s annual State of the Specialty Food Industry Report, it is projected that these sales will…
Schemes under PMKSY (Pradhan Mantri Kisan SAMPADA Yojana) Of MOFPI 1. Mega Food Parks The primary objective of the Mega Food Park Scheme is to provide adequate/excellent infrastructure facilities for food processing along the value chain from the farm to…
Reliance has stepped up its efforts to establish a stronger presence in the FMCG sector, which has long been dominated by established companies like ITC and Hindustan Unilever. To achieve this, Reliance has extended the reach of its consumer packaged…
Brenntag, the global market leader in chemicals and ingredients distribution, has recently announced their supplier agreement with SE Tylose. Under this agreement, Brenntag will commence immediate distribution of SE Tylose’s Cellulose Ethers in Canada, targeting the Material Science sectors. This…
Troo Good, an innovative snack company that specializes in millet-based products, has set its sights on achieving a revenue of Rs 100 crore in the current fiscal year. The company’s growth strategy is anchored by three key factors: expanding their…
Unilever, a prominent multinational consumer goods company and a global market leader in the ice cream industry, has announced the extension of its enduring global strategic agreement with the Barry Callebaut Group, the world’s leading manufacturer of high-quality chocolate and…
Unilever has made an official statement about its decision to purchase Yasso Holdings, Inc., a distinguished American brand known for its high-quality frozen Greek yogurt. Read: May 2023 Issue of Food InfoTech Magazine. Established in 2009 in Boston by childhood friends…
Licious, a well-adored meat brand in India, is expanding its offline footprint by introducing five new Stores in the Delhi-NCR area. These new stores seek to transform the conventional meat-purchasing encounter by providing a captivating environment tailored for Licious fans.…
WickedGud, a direct-to-consumer (D2C) brand that focuses on offering healthy food and snack alternatives, has raised an additional growth funding of USD 250,000 from GetVantage, India’s leading alternative financing platform for eCommerce entrepreneurs and SMEs. Read: May 2023 Issue of Food…
Tata Consumer Products Ltd. is expanding its presence in the southern markets and focusing on building distribution channels in rural and semi-urban markets now, the company said in its latest annual report. Read: May 2023 Issue of Food InfoTech Magazine. “We…