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The Briefing on the latest food developments
The trends and data you need to know about the industry
In numbers:
€3.3bn
Unilever’s contribution in cash and shares to the acquisition of GlaxoSmithKline’s Health Food Drinks portfolio in 22 Asian markets.
Source: Foodmanufacture
7.1%
The rise in European health food retailer Holland & Barrett’s revenue for the year ending 30 September 2018.
Source: Natural Products Global
65,023lb
The amount of ready-to-eat and raw meat products recalled by Chunwell due to misbranding around undeclared allergens.
Source: Food Processing Technology
€5m
The amount that Spanish shoppers spend per day on organic food, according to figures from the Spanish Ministry of Agriculture.
Source: Diversified Communications
9.5%
The estimated compound annual growth rate to 2025 for the baby infant formula market.
Source: Allied Market Research
1g
The amount of sugar in No Cow Energy Bars, the first energy bar to feature such little sugar and also contain patented caffeine.
Source: No Cow
47,000
The acreage of Earthbound Farms, the organic vegetable and lettuce farm business that owner Danone is currently struggling to sell.
Source: New York Post
In the pipeline:
‘Food resilience’ teams
Specialists at the University of London, University of Sussex and the Chartered Institute of Environmental Health released a report suggesting that local councils in the UK should set up ‘food resilience’ teams to ensure the food supply in the event of a no-deal Brexit.
Source: The Independent
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