The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry
Food
Yili to partner with CASC on 'Space Lab for Future Dairy'
Yili Group has announced a partnership with an affiliation of CASC to establish a space lab for the production of healthy dairy products.
Danone posts 7.1% like-for-like sales growth for Q1 driven by pricing
Danone has reported Q1 net sales growth of 7.1% on a like-for-like basis, in what the yogurt maker described as a “good start to 2022”.
Quench acquires Crescent Hills Water Company
Culligan-owned Quench has acquired point-of-use drinking water systems provider, Crescent Hills Water Company, for an undisclosed sum.
Lavazza reports 2021 turnover of €2.31bn, warns of "challenging" 2022
Lavazza has reported full-year turnover of €2.31bn, driven by sales recovery in the out-of-home channel, but warned of a "challenging" 2022.
Tyson Foods to invest $208m in rendering facility in Alabama
Tyson Foods is investing $208m in a new facility in Hanceville, Alabama, adjacent to its former rendering plant, which was destroyed in a fire last year.
Halo Top unveils Chocolate Cake Batter ice cream flavour
Ice cream brand Halo Top is expanding its portfolio with the launch of its Chocolate Cake Batter flavoured ice cream, featuring a new recipe.
PepsiCo to close R&D facility in Illinois
PepsiCo plans to close its research and development site in Barrington, Illinois – a move that will reportedly see the company lay off 78 employees.
Alcohol-free sparkling wine brand French Bloom raises £2.5m
Premium, non-alcoholic sparkling wine producer, French Bloom, has announced £2.5m in fundraising, as it looks to expand globally.
Plant-based meat maker Nowadays raises $7m in seed funding
Plant-based meat company Nowadays has closed a $7m seed funding round, as it looks to expand its portfolio and distribution.
Outstanding Foods debuts dairy-free cheese ball snacks
Plant-based snack brand Outstanding Foods has launched flavoured dairy-free cheese ball snacks which are high in protein and nutrients.
A Shoc Energy raises $29m in Series B funding round
US energy drink brand A Shoc Energy has raised $29m in a Series B funding round, to support its growth and increase consumer awareness.
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