With high energy costs, increasing ingredient prices and labour shortages continuing into 2023, manufacturers and industry are urging the government to step in and support.
Despite the cost-of-living crisis, the fourth generation firm is swallowing as many price increases as possible to avoid passing on hefty rises to its customers.
A new report by the Open University Business School reveals the number of small bakery businesses in the UK has increased in recent years, rising to the COVID challenge, but now facing an uncertain future.
The EU’s recent approval of its controversial deforestation regulation is expected to drive up the cost of palm oil and other affected commodities, and thus food and beverage prices, amid ongoing inflationary pressures that have already affected a majority...
Kellogg Company raised its forecast for full-year earnings, as a price hike for its Special K, Frosted Flakes, Corn Flakes and Rice Krispies, among others, offset an environment ‘as challenging as we’ve ever seen it’ – CEO and chairman.
Sagentia Innovation has published guidance on how food manufacturers can tackle the complex processing challenges to address the current sunflower oil shortage and avoid market disruption.
The multilateral development finance institution’s unprecedented Emergency Food Production Facility will help 20 million African farmers to rapidly produce enough cereals to prevent a looming disaster.
The Mexican corporation – and the world’s biggest bakery company – posted a significant rise in first quarter net profit, but said inflation has hurt profit margins.
The high-profile pricing dispute between the pair has been resolved, but has prompted the need for a code of conduct that would implement new rules of engagement for suppliers and grocers.
