AGP Executive Report
Last update: 5 hours agoIngredient Supply: Univar Solutions and Roquette expanded their North American partnership to distribute pea proteins, soluble fibres and other ingredients, supporting manufacturers’ plant-based and nutrition-focused products. Plant-Based Protein: Lantmännen launched NordPea, a Swedish-grown pea protein made at its new facility, while Beyond Meat’s third-quarter revenue fell 8.1% as sales volumes weakened despite improved margins. Beverage Deals: Champion Breweries will make and distribute Bature’s craft beers nationwide in Nigeria, with an option to acquire the brands if sales targets are met. Ghana’s Accra Brewery also launched Wild Roots, a stimulant-free herbal alcoholic drink. Beer Outlook: Molson Coors lowered its 2026 forecast, citing weak demand, falling volumes and rising costs. Food Security: IFC committed up to $10 million more to Kyrgyz poultry producer Adal Azyk, bringing its total financing to $20 million to expand production and reduce import reliance. Cold-Chain Risk: US agencies warned that cyberattacks targeting refrigeration systems could spoil food and disrupt supply chains.
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