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The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

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Diageo announces $500m cost savings programme

Diageo announces $500m cost savings programme

Diageo has revealed plans to implement a $500m cost savings programme over three years, to enable reinvestment in future growth and ‘improved operating leverage’.

Beverage
Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest

Chobani acquires plant-based frozen smoothies and meals start-up Daily Harvest

Dairy giant Chobani has announced its acquisition of Daily Harvest, a plant-based start-up that delivers a range of frozen ready meals, smoothies, snacks and protein products.

Mergers & Acquisitions
VMG Partners closes $1bn fund to fuel growth in consumer brands

VMG Partners closes $1bn fund to fuel growth in consumer brands

VMG Partners, a growth equity firm specialising in consumer brands, has successfully closed its latest fund, VMG Consumer VI, at a hard cap of $1 billion.

Funding & Investments
Kraft Heinz to invest $3bn into modernising US manufacturing sites

Kraft Heinz to invest $3bn into modernising US manufacturing sites

Food giant Kraft Heinz has confirmed it plans to invest $3bn into modernising its 30 manufacturing sites across the US.

Food

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Forager Project introduces new dairy-free Greek-style yogurt with boosted protein

Coca-Cola Consolidated invests $90m into new US facility in Columbus, Ohio

DSM-Firmenich opens Baking Innovation Center in New Jersey, US

Pitaya Foods launches new Swirl Smoothie Bowls

NutraTea expands women’s health range with menopause and PCOS blends

PepsiCo finalises nearly $2bn deal to acquire Poppi

Latest news

Cranswick acquires sausage maker Blakemans for £32m

Cranswick acquires sausage maker Blakemans for £32m

Cranswick has acquired sausage manufacturer James T Blakeman & Co for £32 million.

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Biospringer | May 2025
Symrise | May 2025
Corbion | May 2025
BD | Apr New
Start-up of the month: Urban Farm-It

Start-up of the month: Urban Farm-It

In this installment, we speak to Elliot Webb, founder of Urban Farm-It, a business offering a range of mushroom cultivation supplies.

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Updates and developments from FoodBev's partners from across the globe. View more >

New products

Forager Project introduces new dairy-free Greek-style yogurt with boosted protein

Forager Project introduces new dairy-free Greek-style yogurt with boosted protein

Organic dairy alternatives brand Forager Project has introduced a new Greek-style yogurt delivering 10g of protein per serving.

New product
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