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

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Arla approves record €296m payout to farmer owners as profitability strengthens

Arla approves record €296m payout to farmer owners as profitability strengthens

The cooperative’s Board of Representatives approved a total payout of €296 million, equivalent to 2.2 eurocents per kilogram of milk supplied.

Sauce and dip brand Maazah raises $2m seed round to support US retail expansion

Sauce and dip brand Maazah raises $2m seed round to support US retail expansion

Maazah, a Minneapolis-based food company that produces globally inspired dips and sauces for retail and foodservice, has raised $2m in a seed financing round.

Kraft Heinz halts split, commits $600m to brand and commercial reset

Kraft Heinz halts split, commits $600m to brand and commercial reset

Kraft Heinz has paused work on its previously announced separation and will instead deploy $600 million in incremental investment across marketing, sales and R&D.

Heineken to cut up to 6,000 jobs as beer volumes slide in Europe and US

Heineken to cut up to 6,000 jobs as beer volumes slide in Europe and US

Heineken will cut roughly 7% of its global workforce as Europe’s second-largest brewer moves to protect margins amid continued weakness in beer demand.

ADM settles SEC probe for $40m as US prosecutors close accounting investigation

ADM settles SEC probe for $40m as US prosecutors close accounting investigation

ADM has agreed to pay $40 million to settle a US Securities and Exchange Commission investigation into how it reported sales between business units.

Kraft Heinz unveils $300m in US promotions as consumer spending decreases

Kraft Heinz unveils $300m in US promotions as consumer spending decreases

In its latest earnings call, Kraft Heinz says it will boost US promotional spend by $300m to tackle economic challenges and prepare for its planned 2026 company split.

Opinion: Foodluxxing – The lipstick effect’s culinary cousin

Opinion: Foodluxxing – The lipstick effect’s culinary cousin

When times get tough, people don’t always cut out indulgence; they just downsize it. In the food and beverage space, a similar behaviour is emerging and it has been dubbed ‘food luxxing’. Foodbev explores the phenomenon and what retailers and brands can learn from trends.

Unilever appoints Srinivas Phatak as new chief financial officer

Unilever appoints Srinivas Phatak as new chief financial officer

Phatak, who has been serving as the acting CFO since February 2025, officially steps into the role effective immediately and will also join the Unilever leadership executive.

Rabobank's latest Global Dairy Top 20 report signals major changes ahead

Rabobank's latest Global Dairy Top 20 report signals major changes ahead

The dairy industry is on the brink of transformative changes, according to Rabobank's latest Global Dairy Top 20 report. FoodBev's Siân Yates examines.

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