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

Japanese vertical farming start-up Spread has raised JPY 4bn (approx. $30m) in a Series A funding round, as it looks to expand production.

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.

UK vegan chocolate brand Push Chocolate has launched new low-sugar and allergen-free chocolate buttons for health-conscious consumers.

Kraft Heinz has reported a 0.9% net sales decline in its second quarter to $6.6 billion, reflecting the impact of divestitures and currency.

Yili Group subsidiary Westland Milk has opened its upgraded butter plant in New Zealand, making it the "largest" butter facility on the west coast.

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.

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

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.