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

General Mills is adding to its Cinnamon Toast Crunch portfolio with the release of its new CinnaFuego Toast Crunch cereal.

Mondelēz International has posted a 9.5% increase in second-quarter sales and raised its full-year outlook for organic net revenue growth.

Kingsland Drinks Group has partnered with Manchester Still to install a new fermentation and distillation facility adjacent to its site in Irlam, Salford.

Nestlé has announced the opening of a $340m Nescafé coffee facility in Veracruz, Mexico, creating 1,200 new jobs in the region.

Canadian superfood latte company, Blume, has secured CAD 2m (approx. $1.6m) in an oversubscribed capital raise, as it looks to further expand in the US.

Clean-label ingredient snack brand, The Greater Goods Snacking Co., is launching with three new product lines into the US market.

Unilever has recorded underlying sales growth of 8.8% in its Q2 results, amid "the challenges of high inflation and slower global growth".

Italian dairy group Granarolo has announced the acquisition of a 60% stake in mozzarella maker Industria Latticini G. Cuomo.

Emmi Group has agreed to sell its 25% stake in Italian cheese manufacturer Ambrosi to Lactalis Group for an undisclosed amount.

Plant-based food producer Bandit, formerly known as Conscious Cultures Creamery, has raised $1.5m in a seed funding round.

British food manufacturer Premier Foods has agreed to acquire Indian and Southeast Asian meal kit and accompaniments brand, The Spice Tailor.

Dips and spreads producer ¡Yo Quiero! is extending its portfolio with the launch of its new line of better-for-you avocado cream cheese dips.