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

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Food
Ivory Coast raises cocoa farmgate price by 50%

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.

Finance
Planters releases Nut Duos snack range

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.

Snacks
Cracking innovations: The premiumisation of Easter confectionery

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.

Confectionery
Kraft Heinz to receive $170m to reduce carbon emissions

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.

Business
Opinion: Rising cocoa and sugar prices – cost of chocolate likely to increase ahead of Easter

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.

Exclusives
Whisps to release new range of protein-packed poppable snacks

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.

Snacks
HTeaO debuts tea-based energy shots

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.

Beverage
PepsiCo to invest $400m in two new plants in Vietnam – Reuters

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.

Soft drinks
Webinar: Streamlined innovation – Upgrade your NPD with digital supplier collaboration

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.

Business
Nespresso to invest $20m in DRC to support local coffee farmers

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.

Business
LDC to acquire Brazilian soluble coffee giant Cacique

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.

Business
Veg Capital triples investment in Shicken

Veg Capital triples investment in Shicken

UK-based vegan ready meal brand Shicken has received a further £4m cash injection from Veg Capital to scale up manufacturing capacity and fuel overseas expansion.

Funding & Investments
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