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

ADM has published its financial results for the quarter and full year 2023, reporting a lower-than-expected fourth quarter profit.

Dole has reached an agreement to sell its 65% equity stake in Progressive Produce to PTF Holdings for a sum of $120.25m.

Kraft Heinz has recorded a Q4 net sales decrease of 7.1% to over $6.8 billion, compared to $7.3 billion at the same time last year.

The Coca-Cola Company has published its fourth quarter and full year 2023 results, reporting 7% net revenue growth for Q4 and 6% for the FY.

Kraft Heinz has signed an agreement with Carlton Power to explore the possibilities of establishing a £40m green renewable green hydrogen plant at its Kitt Green facility.

Infinite Roots, formerly known as Mushlabs, has announced the completion of its Series B funding round, securing a total of $58m.

Nestlé Vietnam has invested $100 million aimed at expanding the production capabilities of its Tri An coffee facility, in the southern province of Đồng Nai.

Coca-Cola HBC is investing €10m to establish a new foundation dedicated to supporting communities in the areas where the company operates.

PepsiCo is investing $13m to install a modern, fully automated production line at its soft drink factory in Dragomirești, Romania.

A US jury has ordered various egg producers to pay $17.7m to a number of food giants after being found guilty in a long-running overcharging lawsuit.

Brown-Forman has announced that it has completed the sale of the Finlandia vodka brand to Coca-Cola HBC on 1 November 2023.

Kumar Amit from The Smart Cube answers the question: How will confectionery price fluctuations affect one holiday most associated with confectionery?