AGP Executive Report
Last update: 5 hours agoRestaurant Demand: Quick-service pizza has captured 45% of U.S. pizza spending, gaining share from frozen and homemade options; nearly nine in 10 buyers say they’ll switch formats, making value and convenience key. In Nigeria, delivery platforms account for just 1% of spending on prepared meals, while Bolt Food says its Kumasi business more than doubled in year two. Industry Shifts: PepsiCo is shutting a Tennessee bottling plant amid falling soft-drink volumes. Abbott plans to spin off its nutrition business, and France’s Fleury Michon has acquired plant-based meal company Allplants. Food Safety: Supplier-risk platform Share-ify has launched an AI tool to help food businesses assess compliance and supply-chain risks.**
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.