Tag: Food
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HyFun Foods and Lulu Group International Partner in Frozen Food Industry 2023
HyFun Foods and Lulu Group International Partner in Frozen Food Industry The frozen food industry has witnessed remarkable growth in recent years, driven by changing consumer preferences, busy lifestyles, and increased awareness about food safety and convenience. In this dynamic landscape, strategic partnerships and collaborations play a pivotal role in expanding market reach and offering…
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Bikaji Foods Reports 46.1% Q2 Profit Surge, 5.5% YoY Revenue Growth
Bikaji Foods Reports 46.1% Q2 Profit Surge, 5.5% YoY Revenue Growth Bikaji Foods, a leading Indian snacks and sweets manufacturer, has reported robust financial performance for the second quarter of the fiscal year, with a remarkable 46.1% increase in profits. The company also recorded a substantial 5.5% rise in revenue compared to the same period…
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The yearning of urban residents for food products of superior quality 2023
The yearning of urban residents for food products of superior quality 2023 In today’s rapidly evolving consumer landscape, urban consumers have become a focal point for many food companies. Urbanization has brought about significant changes in lifestyle, dietary preferences, and purchasing power, creating a lucrative market for premium food products. As a result, an increasing…
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Stable Prices of Essential Food Items for Festive Season: Official Statement 2023
Stable Prices of Essential Food Items for Festive Season: Official Statement 2023 The festive season, a time of joy, togetherness, and celebration, is fast approaching. Families and communities eagerly anticipate the coming festivities, marked by traditions, gatherings, and, of course, delicious feasts. Central to these celebrations is the role of food, as it symbolizes abundance,…
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Food Inflation: Sustained Elevation, Projected Above 6% in H2
Food Inflation: Sustained Elevation, Projected Above 6% in H2 Food inflation is a critical economic indicator that measures the rate at which food prices are rising within an economy. It has far-reaching consequences, affecting not only consumers’ budgets but also overall economic stability. Over the years, food inflation has been subject to various factors, including…
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Revitalizing Food Security: EU’s Relenting Paves Way for Lasting Solution 2023
Revitalizing Food Security: EU’s Relenting Paves Way for Lasting Solution 2023 Food security remains a persistent global issue, with millions experiencing food scarcity, malnutrition, and the uncertainties of volatile markets. Recent developments indicate a shift in stance from the European Union (EU), which can pave the way for a more sustainable and comprehensive approach to…
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The Temptation of Ching’s Secret: FMCG Companies’ Quest 2023
The Temptation of Ching’s Secret: FMCG Companies’ Quest 2023 Fast-Moving Consumer Goods (FMCG) companies are always on the lookout for emerging brands and products that can fuel their growth and expand their market share. In recent years, one company that has garnered significant attention from FMCG giants is Capital Foods, the maker of the popular…
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Exploring 10% Reduction in Food Inflation Impact
Exploring 10% Reduction in Food Inflation Impact Inflation, the persistent rise in the prices of goods and services, is a critical economic indicator that affects individuals, businesses, and governments alike. Among the various components of the inflation index, food prices hold a significant sway over the overall inflation rate. However, recent trends and developments in…
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Food Secretary’s Insights on Government’s Wheat Stock Limit Reduction Amid Price Surge 2023
Food Secretary’s Insights on Government’s Wheat Stock Limit Reduction Amid Price Surge 2023 In a bid to combat rising food prices and ensure food security for its citizens, the government has taken a significant step by further reducing stock limits on wheat traders, wholesalers, and retailers. The decision, announced by the Food Secretary, comes as…
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Former Army Chief General VK Singh Makes A Bold Statement, POK Will Become A ‘Part Of India In Due Time’; Pakistan’s Economic Challenges Are Making POK Residents Appeal To India
Pakistan is currently grappling with a multifaceted economic crisis that is straining its resources and affecting the lives of its citizens. The nation is burdened with foreign loans, high inflation, and food shortages, all of which are contributing to a sense of desperation among the population. Responding to inquiries about the aspirations of POK’s residents…