Maaza joins the billion-dollar club, second desi Indian brand

Maaza, a desi mango fruit-based drink owned by Coca-Cola, has touched the milestone of becoming a billion-dollar brand in 2024, its Chairman and CEO James Quincey said. It has now become the “30th billion-dollar brand” from the stable of the global beverage major, said Quincey in the earning calls of the company, adding that Coca-Cola’s […]
World Nutella® Day 2025: Celebrating through culture

Luxembourg: Created for the fans and by the fans, World Nutella® Day – which takes place annually on the 5th of February – has brought together people worldwide in their love of the iconic spread since its inception in 2007. This year Nutella is uniting fans all over the world to celebrate a continuously growing […]
WCF publishes first ever greenhouse gas accounting standard for the cocoa sector

The World Cocoa Foundation (WCF) is leading the cocoa sector’s drive towards consistent reporting with the launch of the first-ever greenhouse gas (GHG) accounting standard for cocoa. Developed in collaboration with Quantis, a leading environmental sustainability consultancy, with support from industry leaders, the GHG Accounting Standard Methodology provides the cocoa industry with a unique, sector-wide […]
FAO food price index declined in Jan 25, mostly due to lower sugar, vegetable oil and meat prices

Global food commodity prices fell in January, led by sharp declines in sugar and vegetable oils, the Food and Agriculture Organization (FAO) said. The FAO Food Price Index, which tracks monthly changes in a basket of internationally traded food commodities, averaged 124.9 points in January against 127.0 in December. Despite the monthly decline, the index […]