Food
India pitches for strengthening quality standards for spices
India actively supports global food standards at the Codex Alimentarius Commission session in Rome, emphasizing quality in spices, vegetable oils, and water reuse. The country's commitment to food safety, recycled materials, and addressing global challenges like climate change is evident in its participation and championing of guidelines.
Food services market in India to reach Rs 10 lakh crore by 2030: Report
The food services market in India is set to reach Rs 10 lakh crore by 2030, with an estimated customer base of up to 45 crore, driven by an 18 per cent CAGR in online food delivery. Currently valued at Rs 5.5 lakh crore, the market is expected to grow at 10-12 per cent annually, with online delivery contributing 20 per cent by 2030, fueled by expanding customer base, digitisation, and regional diversity.
Onigiri: The Japanese snack taking the world by storm
Onigiri, also known as omusubi or nigirimeshi, is a rice ball filled with either meat or vegetables and wrapped with a layer of seaweed. Meticulously made and incredibly tasty, onigiri has been a staple dish in Japanese cuisine for many, many years now. Its simple ingredients and traditional preparation make it a beloved comfort food in Japan.
Nandini hits new milestone with 10 mn litres of milk procurement daily
Karnataka achieves record daily milk procurement of 10 million litres, prompting increased subsidy burden. Chief Minister Siddaramaiah highlights growth in dairy sector under Nandini brand, despite opposition claims of milk price hikes.
Patanjali Foods to buy group company's non-food business for Rs 1,100 crore
Patanjali Foods and Patanjali Ayurved have also agreed to enter into a licensing agreement, permitting Patanjali Foods to use the trademarks and associated intellectual property rights owned by the latter, the company said. Analysts said the acquisition would accelerate the company's objective of transitioning to an overall FMCG company.
Patanjali Foods to buy Patanjali Ayurved's home, personal care business for Rs 1,100 crore
Patanjali Foods Limited board approves Rs 1,100 crore acquisition of Patanjali Ayurved's Home and Personal Care business, leveraging brand equity in key segments for revenue growth and synergies. The company aims for product innovations and cost optimization.
Discover eight delicious dips from around the world
Made from ripe avocados, lime juice, tomatoes, onions, cilantro, and salt, this creamy dip is perfect with tortilla chips or as a topping for various dishes.
FSSAI ready to shake up protein powder space
The Food Safety and Standards Authority of India (FSSAI) is set to release tighter regulations on protein supplements, after it conducted a study which revealed that dozens of protein powders and supplements were being sold at store shelves, gymnasiums and e-commerce platforms with false and misleading claims, said one of the persons.
ITC packs a punch, beats Britannia in foods business
ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports.
India vs South Africa T20 World Cup Final: Food Inc eyes quicker commerce on match day
As the national men's cricket team aims to end the drought for an ICC trophy, bars and restaurants that plan to screen the match for fans back home expect to host a full-house and also cater to an increase of 20% to 50% in their online sales.
Coke is still a challenger brand in India and that mindset helps: John Murphy, Global President, Coca-Cola
India is a top-five volume growth priority market for the Atlanta, US-based company. Coke still trails Thums Up cola and Sprite in India - both brands have crossed a billion dollars in annual sales in the local market.
Must Watch
Sweet Profits, Bitter Reality: Who gains the most from the cocoa price surge?
The cocoa industry is facing significant shifts as cocoa prices soar, driven by poor harvests in West Africa. While prices have surged to record highs, small-scale producers in regulated countries like Ivory Coast and Ghana see limited benefits due to pre-set prices. Meanwhile, less regulated countries like Cameroon and Nigeria gain more from market trends. Major processors struggle with high costs and production slowdowns. Climate change, bean disease, and low farmer incomes exacerbate the situation, leading to child labor and land sales. Despite these challenges, major chocolate companies continue to report significant profits.
More than 50 pc Indian households downing soft drinks; to increase with intensifying heat: Report
The average consumption of bottled soft drinks in Indian households has seen a significant rise in the past two years, crossing 50 percent annual penetration in FY24, according to the latest Kantar FMCG pulse report. This trend is projected to climb further as summer intensifies.
Stable government, good rains augur well despite costly cocoa: Mondelez
Mondelez Foods, known for Cadbury and Oreo, anticipates recovery in India due to a good monsoon and stable government. However, record cocoa prices may affect pricing and demand, says Samir Jain, Mondelez India's president.
Coca-Cola India launches ASSP with 100% rPET bottles; 66% less carbon emissions compared to non-ASSP virgin PET
Compared to the conventional virgin PET packaging, in the ASSP, emissions will be reduced by 36% because of the light-weighting of the PET material. The carbon footprints will be further reduced because of the shift from virgin PET to recycled PET in ASSP.
Cricketer Muttiah Muralitharan to scale up investments in his Chamarajnagar soft drink unit
Sri Lanka's cricket icon Muttiah Muralitharan met with Industries Minister MB Patil to discuss plans for expanding his soft drink manufacturing business in Karnataka. Muralitharan aims to increase investments in his greenfield unit located in Chamarajanagar district, initially planned at Rs 1000 crore, to Rs 1400 crore. He also expressed commitment to his project in Dharwad for manufacturing beverage cans.
