Reading Time: 2 minutes The world’s biggest food and beverage companies on average sell products in low-income countries that are less healthy than what they sell in high-income countries, according to a new report. Products sold by companies including Nestle, Pepsico and Unilever were assessed as part of a global index published by the Access to Nutrition Initiative (ATNI), its first since 2021.
Food companies sell products that are less healthy in poorer countries, says report
Brazil farmers, government slam Danone for cutting out Brazilian soy
Reading Time: 2 minutes Brazilian soybean producers on Tuesday said there is good reason for products of Danone to be boycotted after the French dairy giant said it would stop sourcing soy from Brazil, while the Brazilian government criticized "unreasonable" moves by European companies.
White Revolution 2.0
While Canada and the U.S. clash over NAFTA, Cargill, Nestlé and other global dairy giants are pumping their money into India
Reading Time: 7 minutes India is the world’s largest dairy producer, thanks to the “White Revolution” that it launched shortly after the country’s independence in 1947, when it first gave itself the goal of replacing dairy imports and promoting self-sufficiency. Now, the country has embarked on a White Revolution 2.0 that will keep its borders closed to imports of […] Read more
Danone wins antitrust approval to buy WhiteWave
Reading Time: < 1 minute Washington | Reuters — French food group Danone has won U.S. antitrust approval to buy U.S. organic food producer WhiteWave Foods, the Justice Department said on Monday. To win approval for the US$10.4 billion deal, Danone agreed to sell its leading U.S. organic yogurt business Stonyfield Farms, the department said. Danone did not immediately reply […] Read more
Danone to buy U.S. organic foods group WhiteWave
Reading Time: 2 minutes Paris | Reuters — France’s Danone said on Thursday it would double the size of its U.S. business by buying organic foods producer WhiteWave Foods in a deal worth US$12.5 billion, including some $2.1 billion of debt and “other” liabilities. The purchase will help the French company to pursue affluent consumers by adding WhiteWave’s popular […] Read more
Danone sales rise as dairy product demand revives
Reading Time: 2 minutes Paris | Reuters — Danone on Tuesday reported stronger than expected first-quarter sales and said it was on track to deliver higher sales and profits this year despite challenging conditions in Brazil and Russia. The world’s largest yogurt maker, whose brands include Actimel and Activia, reported a 3.5 per cent increase in first-quarter like-for-like revenue, […] Read more
A message from April Stewart, Country Guide's Associate Editor
