Work on improving volume and market share, particularly in its meats business, will continue at Kraft Heinz after net sales in North America slipped 0.4% in the third quarter ended Sept. 30.
While shellfish sales declined in the most recent quarter, price deflation — particularly for snow crab — is driving sales and volume increases for certain species.
Sluggish consumer demand ate into IFF volume numbers in the third quarter ended Nov. 30. Volume was challenged in two IFF segments, Nourish and Health & Biosciences, said Glenn Robert Richter, chief financial officer, in a Nov. 8 earnings call.
Despite halting production at its Wieze plant in Belgium after discovering salmonella in a production lot on June 27, Barry Callebaut AG achieved volume growth of 5.3% in the 2021-22 fiscal year.
Increasingly, Americans are looking for ways to diversify their home cooking repertoires. Protein is at the center of that decision-making process, and lamb is one of the proteins that more and more adventurous consumers are turning to.