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

PepsiCo has reported a 5.2% increase in net revenue in its second-quarter results for 2022, as it updates its full-year outlook.

Pepsi Bottling Ventures (PBV) is investing $35m in a new bottling line at its production facility in Winston-Salem, North Carolina.

Kellogg’s and Nickelodeon are collaborating on the release of a new cereal, featuring sweetened green apple-flavoured cereal that turns milk green.

GNT has expanded its selection of Exberry organic food colourings with a new line of powder products for dry applications such as cake mixes and seasonings.

Performance nutrition brand House of Macadamias is launching a trio of better-for-you, plant-based snack bars nationwide across the UK.

Food tech start-up Phytolon has secured $14.5 million in a Series A funding round, with participation from DSM Ventures, Cibus Fund and Ginkgo Bioworks.

Intercontinental Brands is adding to its portfolio with the launch of its passion fruit liqueur under its new Apollo brand.

Lithuanian food tech company Divaks has secured €3m in a seed funding round, as it looks to develop its insect-derived ingredients for food applications.

Danone has introduced its first infant formula developed to meet the needs of parents wanting more vegetarian and plant-based options for their baby.

Ecotone UK has expanded its Clipper Teas portfolio with the brand’s new range of super green teas, containing vitamin C sourced from natural ingredients.

PepsiCo is expanding its non-HFSS Walkers Max Strong range with two new flavours to add to its portfolio, containing less fat and salt.

Vital Proteins has expanded its portfolio with the debut of its lemon-flavoured collagen peptides designed to be added to beverages.