Tata Consumer Products

Instant Coffee Market to Hit $35.97 Billion by 2023: Asia Pacific Leads as Millennials Fuel Demand - ResearchAndMarkets.com

Retrieved on: 
Friday, September 22, 2023

Instant coffee is produced by removing most of the water from brewed coffee, resulting in a product that requires no chemical alteration.

Key Points: 
  • Instant coffee is produced by removing most of the water from brewed coffee, resulting in a product that requires no chemical alteration.
  • Unlike more expensive Arabica coffee beans, instant coffee is often made from Robusta beans.
  • The global instant coffee market is segmented based on type, packaging type, distribution channel, and application.
  • The global instant coffee market is categorized into five major regions: Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.

Fair Trade USA Announces Sugumar Raman as Chief Program Officer

Retrieved on: 
Wednesday, September 6, 2023

OAKLAND, Calif., Sept. 6, 2023 /PRNewswire/ -- Fair Trade USA today announced a key addition to its core leadership team. Sugumar Raman, who most recently served as the Director of Operations at FLOCERT, will serve as the organization's Chief Program Officer.

Key Points: 
  • Sugumar Raman, who most recently served as the Director of Operations at FLOCERT, will serve as the organization's Chief Program Officer.
  • Fair Trade USA announced Sugumar Raman as its new Chief Program Officer.
  • "We are extremely lucky to have Sugumar join our team," said Paul Rice, Founder & CEO, Fair Trade USA.
  • As Chief Program Officer, Sugumar will be an important stakeholder in Fair Trade USA's new groundbreaking Innovation for Impact Initiative, a multi-stakeholder engagement and design lab aimed at developing a more scalable, higher-impact Fair Trade Certified™ coffee program.

Canada Plastics Pact broadens its reach with new stakeholder and celebrates milestones in advancing its roadmap towards circularity

Retrieved on: 
Wednesday, July 5, 2023

OTTAWA, July 05, 2023 (GLOBE NEWSWIRE) -- The Canada Plastics Pact (CPP) is pleased to welcome Tata Consumer Products to its expanding network of stakeholders in Q2 of 2023.

Key Points: 
  • OTTAWA, July 05, 2023 (GLOBE NEWSWIRE) -- The Canada Plastics Pact (CPP) is pleased to welcome Tata Consumer Products to its expanding network of stakeholders in Q2 of 2023.
  • Tata Consumer Products is a global food and beverage company taking proactive measures to drive innovation and increase their use of recycled materials to combat plastic waste and pollution.
  • Most recently, the CPP is proud to have released two studies to better understand plastic waste management and sustainable packaging.
  • The recently released Pathways to Mono-material Flexible Packaging Guide provides solutions to improve the recyclability of flexible plastic packaging and films in Canada.

Worthington Reports Second Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, December 20, 2022

Net sales for the second quarter of fiscal 2023 were $1.2 billion, a decrease of $57.4 million, or 5%, from the comparable quarter in the prior year.

Key Points: 
  • Net sales for the second quarter of fiscal 2023 were $1.2 billion, a decrease of $57.4 million, or 5%, from the comparable quarter in the prior year.
  • The Company generated an operating loss of $7.0 million in the current quarter compared to operating income of $90.5 million in the prior year quarter.
  • Results in the current quarter included $9.2 million of incremental pre-tax costs incurred in connection with the planned separation of the Company’s Steel Processing business.
  • Income tax expense was $4.1 million in the current quarter compared to $31.2 million in the prior year quarter.

Island Brands USA Wins Silver in 12th Annual Best in Biz Awards

Retrieved on: 
Monday, December 12, 2022

CHARLESTON, S.C., Dec. 12, 2022 /PRNewswire-PRWeb/ -- Island Brands USA (islandbrandsusa.com) has been named a silver winner in the Consumer Product of the Year category of the 2022 Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.

Key Points: 
  • CHARLESTON, S.C., Dec. 12, 2022 /PRNewswire-PRWeb/ -- Island Brands USA ( islandbrandsusa.com ) has been named a silver winner in the Consumer Product of the Year category of the 2022 Best in Biz Awards, the only independent business awards program judged each year by prominent editors and reporters from top-tier publications in North America.
  • The fast-growing and disruptive Island Brands USA uses only the finest, all-natural ingredients to produce super-premium beer, flavored malt beverages, and, coming in 2023, craft spirits and ready-to-drink cocktails.
  • "We can't begin to express how much this Best in Biz Awards recognition means to all of us at Island Brands," said Scott Hansen, CEO, Co-Founder, and Chairman of the Board of Island Brands USA.
  • For a full list of gold, silver and bronze winners in Best in Biz Awards 2022, visit: bestinbizawards.com/2022-winners .

North America Coffee Market Report 2022: Increase in Coffee Consumption among Working Population Drives Sector Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, December 2, 2022

The "North America Coffee Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "North America Coffee Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" report has been added to ResearchAndMarkets.com's offering.
  • With the increase in the demand for non-alcoholic drinks and the prominence of high-end coffee served by global coffee chains like Starbucks, The Coffee bean, Tea Leaf, and others, North America's coffee market is set to grow exponentially.
  • The growing preference of households preferring homemade coffee and more consumer moving towards specialty coffee is driving the growth of the North American coffee market.
  • Coffee is the preferred recovery beverage for the working population who are regular customers at nearby cafes or delis.

ThoughtSpot Announces New SVP of Worldwide Channels and Alliances

Retrieved on: 
Thursday, April 7, 2022

ThoughtSpot , the Modern Analytics Cloud company, today announced Kuntal Vahalia has been appointed Senior Vice President of Worldwide Channels and Alliances.

Key Points: 
  • ThoughtSpot , the Modern Analytics Cloud company, today announced Kuntal Vahalia has been appointed Senior Vice President of Worldwide Channels and Alliances.
  • In this role, Vahalia will manage and oversee ThoughtSpots global partner, alliances, and channel programs as part of the go to market team.
  • The coming decade will see data shift power in every market and industry, within organizations, and between brands and their customers.
  • Turning this potential into transformational outcomes, however, requires companies to go beyond traditional analytics and rethink entirely how they leverage data, said Kuntal Vahalia, SVP of Worldwide Channels and Alliances, ThoughtSpot.

Governments of India and the United Kingdom Join Forces with UN Special Envoy on Climate Ambition and Solutions Michael Bloomberg to Mobilize Private Capital in Support of India's Low-Carbon Transition

Retrieved on: 
Thursday, September 2, 2021

Michael R. Bloomberg, UN Special Envoy on Climate Ambition and Solutions, Chair, Climate Finance Leadership Initiative

Key Points: 
  • Michael R. Bloomberg, UN Special Envoy on Climate Ambition and Solutions, Chair, Climate Finance Leadership Initiative
    This public-private sector partnership advances a key objective of COP26: mobilizing climate finance to support countries around the world to meet their enhanced Paris commitments.
  • Trillions of dollars are needed, and private finance has a critical role to play in accelerating the transition to a low-carbon economy.
  • "We welcome the partnership involving Governments of the UK and India, Climate Finance Leadership Initiative, Global Infrastructure Facility and private sector through CFLI India Platform.
  • Jason Lu, Head, Global Infrastructure Facility
    The Climate Finance Leadership Initiative (CFLI) convenes leading companies to mobilize and scale private capital for climate solutions.

Global Tea (Green, Black, Oolong, Herbal, Others) Market Report 2021-2026: Analysis By Type, Packaging Type, Distribution Channel - Market Insights and Forecast with Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 5, 2021

The "Global Tea Market (2021 Edition) - Analysis By Type (Green, Black, Oolong, Herbal, Others), Packaging Type, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Tea Market (2021 Edition) - Analysis By Type (Green, Black, Oolong, Herbal, Others), Packaging Type, Distribution Channel, By Region, By Country: Market Insights and Forecast with Impact of COVID-19 (2021-2026)" report has been added to ResearchAndMarkets.com's offering.
  • The Global Tea Market was valued at USD 21.9 billion in the year 2020.
  • Hence, the tea market is driven by premiumization as the industry is witnessing a shift from black tea to flavoured tea with specialised tea shops initiating a trend of out of home tea consumption.
  • The companies analysed in the report include Associated British Foods, Unilever, Nestle, ITO EN Inc., Hain Celestial Group, Davids Tea, Mcleod Russel India Ltd, Tata Global Beverages, Kusmi Tea, Tea Forte.

Tata Consumer Products Digitally Transforms Supply Chain with Blue Yonder and Accenture

Retrieved on: 
Thursday, March 25, 2021

Tata Consumer Products Limited (TCPL) has created an autonomous and integrated supply chain with Blue Yonder , world leader in digital supply chain and omni-channel commerce fulfillment, and implemented by Accenture (NYSE: ACN).

Key Points: 
  • Tata Consumer Products Limited (TCPL) has created an autonomous and integrated supply chain with Blue Yonder , world leader in digital supply chain and omni-channel commerce fulfillment, and implemented by Accenture (NYSE: ACN).
  • Leveraging solutions in Blue Yonders LuminateTM Planning , the digital transformation of TCPLs supply chain will improve end-to-end visibility across the value chain to meet growing consumer demands and enable purposeful growth.
  • View the full release here: https://www.businesswire.com/news/home/20210324005731/en/
    Tata Consumer Products Digitally Transforms Supply Chain with Blue Yonder and Accenture (Graphic: Business Wire)
    The project was powered by Microsoft Azure, Blue Yonders strategic partner for SaaS-based solutions.
  • Based in India, TCPL is a consumer products company uniting the food and beverage interests of the Tata Group.