Mars-Wrigley, Nestlé USA, Ferrero, Lindt, and Ferrara Candy have jointly committed that half of their individually wrapped products will be 200 calories or less by 2022, with calorie labelling on the front of packaging.
Dutch-British consumer products giant Unilever has announced the surprise sale of its under-performing margarine division, seeking to soothe investor jitters after spurning a takeover bid by US rival Kraft Heinz.
Nestle CEO, Ulf Mark Schneider, has said many food and beverage companies are focused so much on cutting costs that they will undermine their growth prospects, challenging a recent mantra that’s been driven by companies such as Kraft Heinz and AB InBev.
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