News in Numbers

Global agrifood systems produce “hidden costs” of at least $10trn a year, a new report issued by the Food and Agriculture Organization of the United Nations (FAO) revealed.

FrieslandCampina, which saw its first-half profits slump more than 94%, is looking to save €400-500m in costs from 2026.

Nestlé set a 2030 target for increasing the sales of “more nutritious” products by 50%. The Swiss food giant wants to grow the sales of the SKUs by Sfr20bn-25bn ($22.7-28.37bn).

Astral Foods posted its first annual loss, with power outages and bird flu in South Africa leaving the poultry group’s earnings “decimated”, its CEO said.

The use of returnable packaging in the food, beverage and personal-care sectors could cut the emissions generated by single-use plastic by more than two-thirds, a study suggested.