A softening of food demand was to be expected in 2023 given the magnitude of food price inflation experienced over the past two years, said Nestle's CEO.
The US Federal Trade Commission is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive.
He said Ingredion believes there is an opportunity to further examine the relationship between the role flavors and texturizers play, especially when it comes to the formulation of healthy foods.