The Magnum Ice Cream Company reported a solid Q1 2026 with €1.770bn revenue and 4.5% organic sales growth driven by volume and price increases. Despite a 1.2% decline in reported revenue due to currency effects, all regions contributed positively, supported by product innovations and expanded distribution. The company completed acquisitions in India and Portugal and is on track with its productivity program and TSA exits. It reaffirmed its full-year outlook of 3-5% organic sales growth and margin improvement, while managing risks from global uncertainties.
The global sleep water enhancers market is projected to grow from $1.48 billion in 2026 to $2.32 billion by 2030, with a CAGR of 11.9%. This growth is driven by increasing prevalence of sleep disorders, consumer preference for non-pill sleep aids, an...
Driven by social media and health trends, companies like PepsiCo, Unilever, and Kraft Heinz are investing heavily in 'functional hydration' products. These drinks, such as electrolyte mixes and coconut water, offer benefits beyond basic hydration and...
