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%.