The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Ivory Coast raises cocoa farmgate price by 50%
The Ivory Coast has increased the official cocoa farmgate price to CFA 1,500 ($2.46) per kg, a 50% increase on the previous CFA 1,000 price.
Planters releases Nut Duos snack range
Hormel Foods Corporation’s snacking brand, Planters, has expanded its portfolio with the launch of the Nut Duos snack range.
Cracking innovations: The premiumisation of Easter confectionery
Despite cost-of-living pressures, players in the confectionery space continue to rollout premium Easter treats. FoodBev unpacks the latest innovations.
Kraft Heinz to receive $170m to reduce carbon emissions
Kraft Heinz has been selected for award negotiations to receive up to $170m from the US Department of Energy’s Office of Clean Energy Demonstration.
Opinion: Rising cocoa and sugar prices – cost of chocolate likely to increase ahead of Easter
Nidhi Jain, commodity specialist at The Smart Cube, offers insights into strategies for mitigating their impact on chocolate production and pricing.
Whisps to release new range of protein-packed poppable snacks
Whisps is launching a new range of protein-packed poppable snacks – called Popped – made from 100% real cheese.
HTeaO debuts tea-based energy shots
US iced tea franchise HTeaO has debuted a new range of tea-based energy shots, available in four flavours across all its locations.
PepsiCo to invest $400m in two new plants in Vietnam – Reuters
PepsiCo is set to invest $400m in Vietnam to build two new plants fuelled by renewable energy, according to Reuters.
Webinar: Streamlined innovation – Upgrade your NPD with digital supplier collaboration
Promoted: In this webinar, we will explore the impact of traditional manual processes, the reasons this is no longer sustainable and the role of digital transformation in overcoming these hurdles.
Nespresso to invest $20m in DRC to support local coffee farmers
Nespresso plans to invest $20m in the Democratic Republic of Congo (DRC) by 2026 to support local coffee farmers' access to global markets.
LDC to acquire Brazilian soluble coffee giant Cacique
Louis Dreyfus Company has signed an agreement to acquire Brazilian instant coffee producer and exporter, Cacique, for an undisclosed sum.
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