Innovation: latest news, insights and analysis | ESM Magazine

Economic Pressure Led to Fewer New Product Innovations In 2022, Says Circana

Brands launched 16.5% fewer new product innovations in 2022, due to growing economic pressures, a new report from Circana has found.

Minnesota-based Hormel Foods Corporation, a Fortune 500 branded food company, has announced a series of executive appointments.

Consumer goods giant Henkel has announced that its Adhesive Technologies division is celebrating its 100th year in business.

Cosmetics giant L’Oréal has entered into a partnership with the University of California (UC) Berkeley's Bakar Labs, allowing the latter free...

California-based Impossible Foods has announced the addition of two new executives to its leadership team to oversee several business functions.

Consumer goods giant Unilever has extended its long-term global strategic agreement with the Barry Callebaut Group for procuring cocoa and chocolate.

Fonterra has announced a new corporate ventures arm to incubate, scale and invest in ventures in the area of nutrition science.

South African food producer Premier Group has posted a near 40% jump in annual profit despite increasing commodity prices and rising inflation.