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

In a year marked by significant growth, European alternative protein companies attracted nearly $509 million (€470 million) in investment during 2024, reflecting a 23% increase from the previous year.

In a strategic move to diversify its portfolio, Heineken UK has made a minority investment in Tenzing, a natural energy drink brand recognised for its plant-based offerings.

Premium British iced tea brand Harry Brompton’s has secured £2 million in growth capital from private investment office Traditum, fuelling its expansion across the UK and international markets.

Functional beverage company Xoxo Soda has closed a £4 million investment round and announced its first national retail listings in the UK.

Dairy group Chobani has broken ground on a new processing plant in Rome, New York, US, supported by a $1.2bn investment.

Dairy cooperative Arla Foods has begun work on its £179m mozzarella plant in Devon, UK.

The Ryl Company, owner of functional iced tea brand Ryl Tea, has secured $15m in Series B funding to fuel its innovation and expansion across the US.

Olam Group has today revealed plans to invest $500m into its food ingredients business and divest all its other assets over time.

The UK and Scottish governments have opened a multi-million pound facility to boost innovation and sustainability in the dairy industry.