News in Numbers

$20bn

The combined, annual sales of McCormick & Co. and the Unilever food assets that are set to join forces with the US spices-and-sauces giant.

9-10%

Against the backdrop of the crisis in the Middle East, the forecast for UK food inflation by the end of 2026 set out by trade body The Food & Drink Federation.

6%

The proportion of UK adults on GLP-1 weight-loss drugs stood at 6% in March, almost double the level of nine months earlier, IGD research shows.

€20m

Danone is spending €20m expanding its skyr production in France, a move the dairy giant said reflects the “strong and sustained growth” of the category.

-10%

Nestlé is confident it can fully recover the lost sales from the infant-formula recall that drove a sequential slowdown in its first-quarter organic growth. CFO Anna Manz said on 23 April infant-formula sales were “currently” down about 10%.