food industry

Nestlé shares tumble after H1 net profit drops 31%

Nestlé reported a 31.4% decline in net profit to CHF 3.5 billion for the first half of 2026, dragged down by a CHF 1.3 billion noncash write-down on businesses classified as held for sale, restructuring charges, and the lingering effects…

GLP-1 drugs are reshaping global food spending habits

The growing use of GLP-1 weight-loss medications is driving measurable shifts in how consumers spend on food, forcing supermarkets, fast-food chains, and restaurants to rethink their offerings, according to new research published this week and in recent months across multiple…

40 ice cream makers pledge to drop artificial dyes by 2028

Approximately 40 major U.S. ice cream manufacturers pledged Monday to eliminate seven petroleum-based artificial dyes from their products by 2028, marking the largest voluntary industry commitment of its kind. The International Dairy Foods Association announced that companies representing about 90%…