ready to eat

European Consumers Spend €888bn On Food And Drink

Europeans spent €888 billion on food and beverages in the past year, with 37% of that dedicated to 'immediate consumption' options across both retail...

HelloFresh Posts Revenue Growth Of 1.9% In Third Quarter

Meal-kit firm HelloFresh has reported a 1.9% year-on-year increase in revenue to approximately €1.83 billion in the third quarter of its financial yea...

Chilled Soup Market To Grow At A CAGR Of 5.1% Over The Next 10 Years, Study Finds

Global revenue in the chilled soup segment is projected to reach US$840.4 million (€777.2 million) in 2024 and increase at a CAGR of 5.1% to 2034, acc...

HelloFresh Reports Consolidated Revenue Of €7.6bn In FY 2023

Meal-kit firm HelloFresh has posted consolidated revenue of approximately €7.6 billion in its financial year 2023, up 2.8% compared to 2022 in constan...

Meal-Kit Firm HelloFresh Reports Drop In Third Quarter Core Profit

German meal-kit maker HelloFresh reported lower than expected third-quarter core earnings and a decline in customer numbers, a day after announcing a &euro...

Magnit To Open 2,000 Bakeries In Its Convenience Stores In 2023

Russian retailer Magnit has announced that it plans to open 2,000 bakeries across its convenience store network in 2023 as it ramps up its freshly-baked of...

HelloFresh Predicts Single-Digit Growth In First Half As Consumers Cut Spending

German meal-kit maker HelloFresh said on Thursday it expected slower growth in the first half due to ingredient inflation, consumer spending cuts and a tou...