The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Nestlé posts 8.1% organic sales growth driven by price increases
Nestlé has posted organic sales growth of 8.1% for the first half of 2022, after its results were boosted by higher prices.
Firmenich opens food and beverage pilot plant in California
Firmenich has announced the opening of its Taste & Beyond pilot plant in Anaheim, California, which aims to help customers prepare for scaled-up production.
Morrisons launches carbon neutral eggs
Morrisons has become the first British supermarket to launch its own range of carbon neutral eggs – Planet Friendly Eggs.
PepsiCo to buy minority stake in Aqua Carpatica
PepsiCo has entered into an agreement to purchase a minority stake in Romanian spring water company, Aqua Carpatica, for an undisclosed sum.
DFA acquires dairy processing facilities from SmithFoods
Dairy Farmers of America (DFA) has announced the acquisition of two extended shelf-life (ESL) processing facilities from SmithFoods.
Biotiful debuts new kefir product ranges for gut health
Biotiful Dairy has announced the launch of its new Biotiful Gut Health kefir product ranges, aimed at immunity support for consumers.
Vertical farming start-up Spread raises JPY 4bn in Series A round
Japanese vertical farming start-up Spread has raised JPY 4bn (approx. $30m) in a Series A funding round, as it looks to expand production.
Heineken warns pressure on consumer finances could impact beer sales
Heineken has posted revenue growth of 37% in its half-year results and said it "grew ahead of the industry in more than half of our markets".
New Water Capital acquires Klosterman Baking Company
US bakery business Klosterman Baking Company has been acquired by an affiliate of private equity investment firm, New Water Capital.
AB InBev posts 11.3% organic revenue growth in Q2
AB InBev has posted organic revenue growth of 11.3% to $14.79bn for its second quarter, up from $13.54bn in the same period last year.
Vegan chocolate brand Push Chocolate debuts low-sugar buttons
UK vegan chocolate brand Push Chocolate has launched new low-sugar and allergen-free chocolate buttons for health-conscious consumers.
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