Hamburg, August 2024 – Cost and value for money continue to be important criteria for consumers when buying food and beverages. This is shown by a survey conducted by Innova Market Insights. However, rising production costs and the fluctuating availability of raw materials are driving up prices. One example is the meat industry. To ensure a sufficient supply of food at affordable prices, Hydrosol has developed special functional systems for the economical production of high-quality meat and … [Read more...] about High-quality meat and sausage products at affordable prices
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Fi Europe Startup Challenge: Time to take centre stage
Entries for the Fi Europe Startup Challenge are now open with a submission deadline of 6 September. Amsterdam, The Netherlands, August 2024: Now in its ninth year, the Fi Europe Startup Challenge 2024 – a unique competition for young companies championing ingredient innovations – is encouraging industry entrepreneurs to submit their applications. This year’s challenge will feature four exciting categories, including the new Most Innovative Foodtech Solution plus a special Jurys Choice … [Read more...] about Fi Europe Startup Challenge: Time to take centre stage
CP Foods Q2/2024 turns profit of THB 6,925 million, grows 10 times as international business drives growth
Charoen Pokphand Foods PCL (CP Foods) announces strong rebound in Q2/2024 performance, surpassing expectations. The company reported a remarkable net profit increase of 973 percent, or 10 times the previous amount, driven primarily by its international business. CP Foods also announced an interim dividend payment of THB 0.45 per share. CP Foods reported sales revenue for Q2/2024 amounting to THB 149,498 million, with 64 percent of total revenue coming from its overseas operations, 30 percent … [Read more...] about CP Foods Q2/2024 turns profit of THB 6,925 million, grows 10 times as international business drives growth
