Spices

Kraft Heinz Forecasts Bleak Annual Profit As Higher Prices Hamper Demand Recovery

Kraft Heinz forecast annual profit below estimates and missed quarterly sales estimates, as the packaged food maker struggles with sluggish demand followin...

Spice Maker McCormick Beats Quarterly Results On Strong EMEA Business

McCormick beat market expectations for second-quarter profit and sales, led by strong demand for its spices and seasonings in Europe, Middle East and Afric...

Spice Maker RAPS Acquires Salz Centrale Hamburg

Spice manufacturer RAPS GmbH & Co. KG, based in Kulmbach, Germany, has announced the acquisition of the table salt business of Salz Centrale Hamburg.

Spice Maker McCormick Lifts Profit Forecast As Higher Prices Cushion Weaker Demand

McCormick raised its annual profit forecast as it expects higher prices for its spices and condiments to make up for slowing demand and a sluggish rec...

Nestlé Launches Millet-Based Porridges In India

Nestlé has launched millet-based porridges in India as the food giant seeks to offer more nutritious products made of grains such as millet and sorg...

McCormick Reports Sales Growth Of 3% In Q1 2023

Cholula maker McCormick has reported a 3% year-on-year increase in sales in the first quarter of its financial year, while adjusted operating income declin...