The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Kellogg raises outlook after "better-than-expected" results
Kellogg Company has raised its full-year outlook, after posting a 9% increase in reported net revenue for its third quarter.
Standing Ovation receives €1.83m in financing
Standing Ovation has received €1.84m in financing from French public investment bank, Bpifrance, to support its Ferment2From project.
Cadbury cakes adds two new flavours to its portfolio
Cadbury cakes has expanded its celebration and whole cake portfolio with two new cake flavours – Caramel Layer Cake and Crunchie Celebration Cake.
PepsiCo invests $40m to expand snacks business in Ethiopia
PepsiCo says it is finalising an investment proposal of approximately $40 million to expand its Senselet snacks business in Ethiopia.
Geno enters functional foods and beverages market
Geno has entered the functional foods and beverages market with the launch of its new functional ingredient, Avela natural (R)-1,3-Butanediol.
Ferrero breaks ground on $214m Kinder Bueno production facility
Ferrero North America has begun construction of a new $214.4m Kinder Bueno production site in Bloomington, Illinois.
Diageo acquires American single malt whiskey producer Balcones Distilling
Diageo has announced the acquisition of American single malt whisky producer Balcones Distilling for an undisclosed amount.
Russia resumes participation in Ukraine Black Sea grain deal
Russia has agreed to rejoin a UN-backed initiative to allow grain shipments from Ukraine following its suspension on Saturday.
Mondelēz posts 8.1% revenue growth after emerging markets boost Q3 performance
Mondelēz International has reported an 8.1% rise in its third-quarter net revenue, reflecting organic sales growth of 12.1% and the impact of acquisitions.
Tre Stelle launches new cream cheese
Arla Foods-owned Tre Stelle has expanded its portfolio with the addition of a cream cheese made with four natural ingredients.
NuttZo adds new festive flavour to portfolio
The Nuttzo Gingerbread Seven Nut and Seed Butter is a seasonal twist on its Power Fuel Crunchy Seven Nut and Seed Butter, with cinnamon, ginger, and more.
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