UK: Askeys to Close Aylesbury Ice Cream Wafer Factory

Silver Spoon, the owners of ice cream cone and wafer manufacturer Askeys has announced plans to close its Aylesbury site with the loss of...

Highlander Partners Acquires Evans Food Group, Forms Food Platform Benestar Brands

Dallas based private investment firm Highland Partners has acquired Evans Food Group through its newly formed food platform Benestar Brands. No financial details were...

Simply Good Foods to Acquire Quest Nutrition for USD 1 Bln

The Simply Good Foods Company, a developer, marketer and seller of branded nutritional foods and snacking products, and Quest Nutrition, LLC , a healthy...

Mayorga Organics to Open Coffee Factory in Miami

Mayorga Organics has announced plans to open a 33,000 square foot facility in Miami, FL. The facility will work in conjunction with Mayorga's facility...

Orkla Invests in Icelandic Chocolate Brand

Orkla ASA has signed an agreement to purchase 20% of the Icelandic company Nói-Siríus HF (“Nói Siríus”), Iceland’s leading chocolate and confectionery manufacturer. Nói Siríus...

Pacific Ventures Group to Acquire California Food Distribution Company

Pacific Ventures Group, an investment group concentrating in food and beverage distribution, announced today that it signed an Asset Purchase Agreement to acquire a...

Del Monte Pacific to Restructure U.S. Subsidiary Del Monte Foods

Del Monte Pacific Limited announced its intention to move to an asset-light strategy and divest production facilities of U.S. subsidiary Del Monte Foods. Facilities to...

Steep Increase of Sugar Levels Found in UK Chocolate Bars

A recent study by the Queen Mary University of London found that sugar levels in some of the UK’s most well-known chocolate bars have...

Nestle Closing Dreyer’s Ice Cream Facility in Switch to Warehouse Delivery System

21 August 2019- Nestle USA has reportedly alerted the state of Florida that it would be eliminating 67 posts when it closes its Dreyer’s...

NZ: NIG Nutritionals Milk Powder Plant Receives USD 32 Mln Upgrade

The NIG Nutritionals milk powder plant near Paerata, New Zealand has officially opened after its USD 32 million (NZD 50 million) upgrade. Graeme Clegg,...

Ajinomoto Buys Ohio-Based Sauce Manufacturer

Ajinomoto Health & Nutrition North America has announced the upcoming purchase of a 50.1% equity stake in More Than Gourmet Holdings, Inc, a U.S.-based...

Pure Circle Moves into the Ice Cream Category

Pure Circle is bringing out a branded ice cream with zero added sugar and sweetened with stevia leaf sweeteners. From the end of August,...

SA: Barentz Enters JV with SK Chemtrade Services

Ingredients distributor Barentz has entered a joint venture with SK Chemtrade to strengthen its position in South Africa. SK Chemtrade Services Pty Ltd supplies raw...

a2 Milk Reports FY Total Revenue Up 41.4%, Boosted by China Demand

Overview for the year ended 30 June 2019 * Total revenue of $1,304.5 million – an increase of 41.4% * All comparisons are with the 12...

Global Dairy Prices Flat, Milk Powder Surges at Fortnightly Auction

* Global dairy prices edge down 0.2% * Surprisingly strong result for whole milk powder * Impact of trade wars on Chinese demand a risk Global dairy...

As Trade War Drags on, New Bunge CEO Looks to Avoid ‘Stroke-of-the-Pen’ Risk

A year removed from a losing bet that the U.S.-China trade war would be promptly resolved, global grains trader Bunge Ltd is facing an...

General Mills Announces Changes to Senior Leadership Team, CFO to Retire

General Mills announced today several changes to its senior leadership team. The changes reflect a thoughtful and strategic approach to long-term growth and succession...

UK Vegan Chocolate Brand Rolls Out Sustainable Packaging

Organic, dairy free chocolate brand Raw Halo has rolled out a new look that includes recyclable, plastic -free packaging. Founded in 2015 by Meg Haggar...

Japan: Nestle Changes Kit-Kat to Recyclable Paper Packaging

Nestle Japan has said that from late September its Kit-Kat mini’s packaging will be changed from plastic to paper packaging. The move is a...

Danone’s Nutrica Moves into Sheep Milk with New Toddler Formula

New Zealand-based specialised nutrition maker, Nutrica has announced that it will be launching a new product under its Karicare brand of toddler formulas using...

Hochdorf Revenue Down 13.7%, “Facing a Crisis”

HOCHDORF is facing a serious crisis. The company performed significantly worse than expected in the reporting period, which was mainly due to the negative...

Molecular Coffee Start-Up Atomo Coffee Secures USD 2.6 Mln in Funding

Seattle based start-up Atomo Coffee has secured USD 2.6 million in seed funding in a round lead by Horizon Ventures. The funding is to...

HelloFresh Adds Beyond Meat to its Plant-Based Options

Meal-Kit company HelloFresh has added Beyond Meat to its menu line up across North America. HelloFresh’s meal kit customers can now order the first...

British Grocery Sales Flat in Latest 12 Week Period – Kantar

British grocery sales were flat in the latest 12 week period and all of the country's big four supermarket groups lost market share to...

Mintel: 3 Ways to Tackle Health Concerns About Energy Drinks

According to Mintel estimates, the energy drinks market in China has been experiencing explosive growth in recent years. However, it is still lagging behind...

Euromonitor: Mindfully Drinking with Coffee and Tea

Drinking alcohol mindfully or responsibly is most often associated with drinking less actual alcohol. That can be one way to approach mindful drinking, but...

Trade Deal with Japan Critical to U.S. Dairy Industry

U.S. risks losing $5.4 billion in dairy export business without swift action to deliver a strong trade agreement with one of the world’s largest...

Coca-Cola to Package Dasani Water in Aluminium Cans and Bottles

Coca-Cola has said it plans to package its Dasani water in aluminium cans, launching in the Northeastern United States later this year and expanding...

Beyond Meat’s Burger Heading to Spain

Beyond Meat, the US-based maker of plant-based meat alternative products, has partnered with Spain’s largest supermarket chain, El Corte Inglès, to bring its vegan...

Nutrition Supplement Service Baze Secures USD 6 Mln in Funding

Baze, personalised nutrition supplement start-up, has secured USD 6 million in Series A funding in a round led by supplement brand Nature’s Way. Baze offers...

US: Plant-Based Egg Alternative JUST Egg Available in Kroger Stores Soon

JUST Egg, an alternative egg product made from mung bean, is reportedly set to soon hit the shelves of all stores owned by US...

UK: Muller Reviewing Aberdeen Depot

Dairy company Muller is proposing to close its Aberdeen operations, local press reports, with plans to relocate the distribution, garage, tanker and retail operations...

Hershey Announces Investments In Emerging Snacking Businesses

The Hershey Company (NYSE:HSY) is further expanding its position as a snacking category leader, announcing minority investments in emerging snacking businesses FULFIL Holdings Limited and Blue Stripes LLC. C7 Ventures,...

US: Motif Ingredients Raises USD 27.5 Mln in Funding

Ingredient innovation company Motif Ingredient has secured USD 27.5 million in funding in a round led by growth equity firm General Atlantic. As well as...

UK faces Food, Fuel and Drug Shortages, Says Contested Leaked Document

Britain will face shortages of fuel, food and medicine if it leaves the European Union without a transition deal, according to leaked official documents...

Tyson Recalls Nearly 40,000 Pounds of Weaver Chicken Patties

Tyson Foods Inc is recalling nearly 40,000 pounds of its Weaver chicken patties after some consumers found pieces of rubber in the product, the...

Digestive Health: Leveraging Consumer Trends

Digestive health is one of consumers’ top health concerns. According to Euromonitor International, foods with digestive health as their prime positioning accrued sales of...

Cambridge Crops Raises USD 4 Mln in Funding to Combat Food Waste

Boston based tech company Cambridge Crops has secured USD 4 million in seed funding in a round led by The Engine, the venture capital...

Canada: Fromagerie Champetre Set to Expand Cheese Production

Quebec based dairy processor La Fromagerie Champetre plans to produce new specialty cheeses and increase production capacity after receiving a government investment of around...

Biena Snacks Secures $8 Million in Financing

Biena Snacks, a pioneer in the plant-based snacking movement, has secured $8 million in Series B financing led by MAW Investments. The group was...

Fazer Group Finalises Acquisition of Finnish Food Company Kaslink

Fazer Group has finalised the acquisition of the Finnish food company Kaslink, the transaction having been approved by the Finnish Competition and Consumer Authority....

CFTC Says Kraft, Mondelez to Pay $16 Million in Wheat Price Manipulation Case

The U.S. Commodity Futures Trading Commission (CFTC) said on Thursday Kraft Heinz Co and Mondelez International Inc will have to pay $16 million in...

JBS Mulls Acquisitions and U.S. Listing After Strong 2nd Quarter, Shares Soar

Brazilian meatpacker JBS SA will consider acquisitions to make the most of opportunities in export markets but only in geographies where it already operates...

Premium Brews in Asia Stoke Carlsberg’s Half-Year Sales

Danish brewer Carlsberg posted a solid rise in half-year sales thanks to Asian markets, where consumers are trading up from mainstream beers to pricier...

Refresco Reports Step-Up in Q2 2019 Results

Q2 2019 Highlights Total volume was 3,005 million liters (Q2 2018: 3,040 million liters). Gross profit margin per liter was 15.6 euro cents (Q2...

Performance Food Group Q4 Net Sales Up 28.4%

Performance Food Group Company (“PFG”) (NYSE: PFGC) today announced its fourth-quarter and full-year fiscal 2019 business results. “Fiscal 2019 was a successful year for PFG,...

Olam International Q2 Revenue Up 15.7%

HIGHLIGHTS Steady operating performance with Q2 2019 and H1 2019 EBITDA growth of 14.1% to S$351.2 million and S$771.5 million respectively Q2 2019 and...

Danish Crown to Offer Plant-Based Burger before End of the Year

Danish Crown CEO, Finn Klostermann has announced that the European pork and beef processor plans to add a completely plant-based burger to its portfolio...

Hazel Technologies Secures USD 13 Mln Funding, Reducing Food Waste

Hazel Technologies, a start_up dedicated to solving the problem of food waste, has secured USD 13 million in Series B funding, investors include Pangea...

AriZona Beverages and Dixie Brands to Launch THC-Infused Products

American iced tea maker, AriZona will be joining forces with cannabis company, Dixie Brands Inc for the production, distribution and sale of cannabis-infused products. According...

Ajinomoto to Build New Halal-Focused Food Products Plant in Malaysia

Ajinomoto’s Malaysian arm will be constructing a new production facility in the country’s southwestern state of Negeri Sembilan. The plant will be dedicated to...

Dairy Ingredients Company Ingredia Partners with Blockchain Start-Up

Ingredia has signed a partnership with French start-up Connecting Food on a blockchain project to trace milk. Connecting Food’s blockchain platform records and checks each...

Sysco Acquires J. Kings Food Service Professionals

Sysco Corporation (NYSE:SYY), the leading global foodservice distribution company, today announced it has acquired J. Kings Food Service Professionals, a New York broadline distributor...

Nagase Group Completes Acquisition of US Ingredients Supplier Prinova

Japanese chemicals company Nagase has completed the acquisition of US ingredients manufacturer and distributor Prinova Group. Prinova provides ingredients, flavors and value-added solutions for the...

Premium Brands Q2 Revenue Up 24%

Premium Brands Holdings Corporation (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, announced today its results for the second...

The Bell Food Group H1 Sales Stay Flat, Sets Strategic Direction

The first half of 2019 was dominated by the sharp increase of raw material prices for meat in Europe, the organisational restructuring of Bell...

Wilmar Q2 Revenue Down 7.6%

WILMAR REPORTS 2Q 2019 CORE NET EARNINGS OF US$ 177 MILLION; NET EARNINGS OF US$ 151 MILLION -Strong performance in Tropical Oils(Manufacturing & Merchandising) and...

Bunge Global Headquarters to Move to St. Louis

Bunge Limited (NYSE: BG) ("Bunge" or "the Company"), a leader in agriculture, food and ingredients, today announced that it is relocating its global headquarters...

Valeo Foods in Talks to Buy Kettle Foods

Irish food group Valeo is in talks to buy Kettle Foods, Sky News reports, the deal is thought to be worth more than GBP...

US: Chobani Opens New Research and Development Centre

Yogurt manufacturer Chobani has opened a new 71,000 square foot Innovation and Community Facility in Twin Falls, Idaho. The new facility houses the company’s global...

New York Meatball Firm Rosina Considers USD 58 Mln. Expansion

13 August 2019- Rosina Food Products, a New York-based producer of Italian dishes, is reportedly considering adding new capacity for protein products in West...

Plant-Based Foods Start-Up Emergy Foods Secures USD 4.5 Mln Funding

Colorado based Emergy Foods has secured USD 4.5 million in venture capital financing. The funds raised, the company said, will be used to set-up...

Smithfield Foods Launches Plant-Based Meat Products in Growing Trend

Meat processor Smithfield Foods Inc on Monday launched a line of soy-based meat products, joining an increasing number of companies catering to growing demand...

Yum Brands Promotes COO David Gibbs to Top Job

Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the...

Tyson Foods to Rebuild Kansas Beef Plant and Pay Workers Following Fire

A fire partly destroyed the Tyson Foods beef plant in Holcomb, Kansas on Friday, August 9. The plant will be down indefinitely, however; the...

MegaMex Foods and Herdez Set Up New Distribution Deal with UTZ Foods

MegaMex Foods (Orange, Calif.) and Herdez S.A. de C.V. (Mexico City, Mexico) announced a new licensing agreement with UTZ Quality Foods, LLC. (Hanover, PA)...

Libstar Sees H1 Core Earnings Up, Sells Dairy, Fruit Drinks Unit

South African food producer Libstar Holdings Ltd expects core earnings to rise as much as 22.8% in the first half, helped by a strong...

Univar Solutions to Distribute Novozymes Bakery Portfolio in Russia

Univar LLC, a subsidiary of Univar Inc. (NYSE: UNVR) ("Univar Solutions"), a global chemical and ingredient distributor and provider of value-added services, today announced...

AB InBev Acquires Ohio-Based Brewery Platform Beer Co.

12 August 2019 – Budweiser maker, Anheuser-Busch InBev (AB InBev) has purchased craft beer brewer, Platform Beer Co for an undisclosed amount. According to a...

Cambodia: Ly Ly Food Industry Opens Cracker Factory in JV

Ly Ly Kameda Co Ltd, a joint venture between Ly Ly Food Industry Co Ltd and Japanese Kameda Seika Co Ltd, has started operations...

N. Ireland: On the Go Food Company Around Noon Set to Expand with GBP...

On the go onvenience food company Around Noon has announced a GBP 7 million investment. Regional business development agency Invest NI is providing GBP...

Starbucks and Nestle Expand Global Coffee Alliance to China

Starbucks and Nestle have announced their first Chinese venture since joining forces in August last year, creating the Global Coffee Alliance. A range of...

Fonterra Provides Update on Earnings, Significant Adverse One-Off Accounting Adjustments

Fonterra Co-operative Group Limited today reconfirmed its underlying earnings guidance for the 2019 financial year that ended on 31 July 2019 (FY19), announced a...

Crop Invaders: China’s Small Farmers Struggle to Defeat Armyworm

Yan Wenliu leans on the side of his cart as he prepares to leave his sugarcane field in Southwest China, bewildered by the formidable...

Over 3,800 Workers at Tyson Foods Beef Plant in Kansas Out of Work After...

Some 3,800 workers at a Tyson Foods Inc meat-processing plant in Kansas will be out of work after a Friday night fire that caused...

Brazil’s BRF to Reopen Carambeí Plant Serving Middle East in September

Brazilian food processor BRF SA said it will reopen a plant in the southern town of Carambeí in September, earlier than planned, as a...

Kellogg’s Closing Atlanta Frozen Foods Facility

Kellogg’s is due to shut down an Atlanta frozen food plant in October according to local press and listing by the Georgia Department of...

DuPont Linked to USD 20 Bln Sale of Nutrition and Biosciences Unit

DuPont has been linked to a possible sale of its nutrition and biosciences unit, Bloomberg reports, citing “people familiar with the matter”. According to Bloomberg...

Euromonitor: Four Types of Global Coffee Markets

The growth of coffee is a global phenomenon. Euromonitor International’s Industry Forecasting Model (IFM) can help build understanding of this highly complex global market...

JAT Acquires 70% of Australian Infant Formula Manufacturer

Australia-Asia trade specialist, Jatenergy Limited (ASX: JAT) is pleased to announce that it has agreed to acquire 70% of the issued shares in Australian...

Beyond Meat Shelves Plans for Japan Push, Mitsui Says

Beyond Meat Inc has shelved plans to enter Japan, according to a Japan-based investor, focusing more on the U.S. market where it recently bolstered...

New Facility to Boost Tyson Foods’ Automation and Robotics Efforts

Tyson Foods, Inc. has created a new, state-of-the-art facility designed to help the company develop more automation and robotics for its food production plants. The...

Mintel: ‘Refreshing’ The Yoghurt and Milk Categories

Research on consumer purchase intent, as indicated by Mintel Purchase Intelligence, reveals an opportunity for yoghurt and milk to be positioned as ‘refreshing’, in...

Cott Revenue Stays Flat in Q2

Cott Corporation today announced its results for the second quarter ended June 29, 2019. "We are pleased with our top and bottom line performance during...

EU Fights ‘Urgent Challenge’ of African Swine Fever Spread

The European Union faces an urgent challenge in tackling an outbreak of African swine fever which threatens Bulgaria's pig breeding industry, a Commission spokeswoman...

Kraft Heinz H1 Net Sale Down 4.8%

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) today reported preliminary financial results for the first half of 2019 that reflected...

Coca-Cola Consolidated’s Revenue Grew 4.4% in Q2, Driven by Increased Pricing and Changes to...

Second quarter 2019 net sales grew 4.4% versus the same period last year, with physical case volume up 0.4% for the quarter Gross...

Competition Concerns About Saputo Buying Lion Cheese Business

The Australia Competition and Consumer Commission (ACCC) has preliminary competition concerns about dairy company Saputo’s proposed acquisition of the Tasmanian-based cheese business of competitor...

Symrise’s Flavour Segment Sales Grow 3.7% in H1

Symrise continued its dynamic business development in the first half of 2019. All segments ben-efited from higher customer demand and realized a pleasing increase...

Monster Beverage Sees Q2 Net Sales Jump 8.7%

Second Quarter Net Sales rise 8.7 percent to $1.10 billion Second Quarter Net Income increases 8.3 percent to $292.5 million Second Quarter Net...

Hochdorf Sells Hochdorf South Africa Ltd

Hochdorf has sold its 90% stake in HOCHDORF South Africa Ltd to African Chocolate Café Ltd. The sale was initially announced on the 8th...

Coca-Cola HBC Falls Short On Profit in Tough European Market

Swiss-based soft drink bottler Coca-Cola HBC AG fell way short of market expectations for operating profit in the first half of 2019, hit by...

Kerry Group’s Taste & Nutrition Unit Volume Up 3.8%

HIGHLIGHTS •Group revenue of €3.6 billion reflecting 3.3% volume growth—Taste & Nutrition +3.8% volume growth—Consumer Foods +0.6% volume growth •Reported revenue +10.7% •Group trading margin +20bps to...

Farming and Eating Need to Change to Curb Global Warming-UN Report

* Report most comprehensive yet on land and climate change * "Unprecedented rates" of land and freshwater use-IPCC * Climate change will exacerbate food security risks The...

Corbion Food Ingredients Segment Net Sales Up 8.6% in H1

Corbion reported H1 2019 sales of € 471.9 million, an increase of 7.4% compared to H1 2018, mostly because of positive currency effects. Organic...

Coco-Cola HBC H1 Volume Up 2.2%, with 2.4% Growth in Sparkling

Coca‑Cola HBC AG, a leading bottler of The Coca‑Cola Company, reports its financial results for the six months ended 28 June 2019. Half-year highlights * Solid...

Flower Foods Q2 Sales Increased 3.7%

Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Tastykake, and other bakery foods, today reported financial results for the...

Subway to Test Beyond Meat Meatball in N.America

Subway Restaurants will test Beyond Meat Inc meatballs in 685 restaurants across the United States and Canada starting next month, the latest chain to...

Diageo Buys Majority Stake in Non-Alcoholic Spirit Maker Seedlip

Diageo, the world's largest spirits company, said on Wednesday it had taken a majority stake in distilled non-alcoholic spirits brand Seedlip, as it looks...

Britain Faces Food Shortages in No-Deal Brexit Scenario, Industry Body Says

* UK to face some food shortages from no-deal Brexit * Brexit is biggest challenge to industry since WW2 * Food industry urges waiver for some...

Novozymes Helps Dairies Cut Down on Sugar with Online Calculator

07 August 2019 – Danish enzyme producer, Novozymes has launched an online tool that it says can help dairies develop products that are lower...

Wild Foods and Cusa Tea Attract Funding from S Cap

VC firm S Cap has confirmed investment in natural nut and seed butter company Wild Foods and premium instant tea company Cusa Tea. Both...

Perdue Acquires 2 Organic and Non-GMO Oilseed Crushing Plants in Southeast

07 August 2019- Perdue AgriBusiness, the grain handling operation of US poultry giant Perdue Farms, has announced the purchase of oilseed assets belonging to...

Nestle Taps into the Growing Non-Dairy Demand with Latte Mixes

Nestle has created three plant- based “frothy” coffees, the almond, oat and coconut lattes are all certified by the Vegan Society. Coffee, Nestle said,...

UK: Tangerine Confectionery Investing GBP 7.5 Mln in York Facility

Tangerine Confectionery is set to invest GPB 7.5 million in its York facility adding Fox’s and Poppets brands manufacturing, local press reports. The investment...

Brenntag Q2 Reported Sales Up 1.2%

Brenntag reports increased operating EBITDA Operating gross profit* grows to 722.9 million EUR (+4.1% on a constant currency basis) Operating EBITDA** reaches 266.3 million...

Fonterra Announces Intention to Reduce Beingmate Shareholding

Fonterra has announced its intention to sell a portion of its stake in Beingmate Baby & Child Food Company Ltd, which is currently a...

Almarai to Acquire Additional Stakes in Pure Breed

Almarai Company (“The Company”) is pleased to announce that, on 5th August 2019, it has finalized the acquisition of 37.6% of the share capital...

Global Dairy Prices Fall as Supply Ramps Up

* Global diary prices fall 2.6% * Ramped up supply weighs on prices * Risks to demand due to U.S.-China trade conflict -analyst (Recasts, adds market...

FEMSA Comercio Enters Joint Venture with Raízen

Fomento Económico Mexicano, S.A.B. de C.V. announced today that it has reached an agreement to enter into a 50-50 Joint Venture with Raízen. Through...

Dean Foods Q2 Sales Down, Accelerated Decline in the Conventional White Milk Category

Highlights Q2 GAAP net loss per share attributable to Dean Foods was $0.70 and adjusted net loss per share was $0.36; adjusted net loss...

Bega Cheese Lowers EBITDA Forecast for FY2019

Australian dairy products maker, Bega Cheese has lowered its full-year financial results forecast for 2019. According to a stock exchange note, the company now...

Mintel: 9 Innovative UK Food & Drink Products Launched In 2019

Food and drink innovation in 2019 continues to be driven by unexpected crossovers and dietary requirements, delivering a sense of ‘familiar novelty’ that is...

Domty Signs USD 3 Mln Deal to Install New Bakery Line

Arabian Food Industries Co (Domty) had signed a deal with US-based manufacturer of high-speed commercial bakery equipment AMF Bakery Systems to purchase and install...

FrieslandCampina Expands VLOG Milk Production Significantly

Due to the sharp increase in demand in Germany, FrieslandCampina is increasing the number of participating dairy farms that supply VLOG milk from 400...

Suntory H1 Revenue Up 2.3%

Summary of consolidated financial results for first six months Operating results Suntory Beverage & Food Limited Group (the Group), based on the philosophy of enriching...

IFF Taste Business Sales Down 4% in Q2

International Flavors & Fragrances Inc. reported financial results for the second quarter ended June 30, 2019 and provided updated full year 2019 guidance. Management Commentary “I...

Marfrig, ADM to Produce Plant-Based Meat in Brazil

Brazil's Marfrig Global Foods SA, the world's largest hamburger producer, said on Tuesday it has reached an agreement with U.S.-based Archer Daniels Midland Co...

Tyson Prepared Food Sales Volume Down 7.4% in Q3

First Nine Months Highlights • GAAP EPS of $4.51, down 33% from record prior year (prior year included a one-time tax benefit of $2.71) • Adjusted...

Pernod Ricard Acquires Firestone & Robertson Distilling Co

Pernod Ricard (Paris:RI), through Pernod Ricard USA, announces the acquisition of Firestone & Robertson Distilling Co., owner of the TX brand, a leading whiskey...

Italy’s Illycaffe Buys Its British Distributor

Italian coffee roaster illycaffe has bought its distributor in Britain, signalling its confidence in the market in spite of uncertainties surrounding the country's looming...

Nestlé to Open USD 100 Mln Maggi Instant Noodle Plant in India

05 August 2019 – Nestlé India will be investing around INR 700 crore, or USD 100,5 million, over the next two years to set...

FoodBytes! Announces Chicago Pitch Companies

FoodBytes! By Rabobank has revealed the 15 start-ups selected to participate in FoodBytes! Chicago, taking place September. Brands taking part are from the consumer-packaged...

PepsiCo India to Invest USD 74 Mln to Set up Snack Manufacturing Plant

05 August 2019 – PepsiCo India will be investing INR 514 crores, or around USD 73.8 million, over the next three years to build...

UK: Mondelez Bringing Biscuit Products Typically for Children Under 100 Calories

Mondelez plans to bring 100% of its chocolate and biscuit products typically bought for children in the UK and Ireland under 100 calories by...

Coca-Cola European Partners Opens Two New Capri-Sun Lines at Scottish Facility

Coca-Cola European Partners (CCEP) has invested GBP 23 million (USD 27.95 million) adding two robotic multi pack fillers dedicated to making Capri-Sun, at its...

US: Stonewall Kitchen Acquired by Audax Private Equity

Audax Private Equity has acquired a controlling share of US based specialty food producer Stonewall Kitchen for an undisclosed amount. Established in 1991, Maine based...

Tata Global Beverages Operational Revenue up 5%

Consolidated Results: Revenue from Operations for the Quarter at Rs.1897 Crores, increased by 5% Group Net Profit for the Quarter at Rs. 142 Crores, increased...

Seneca Foods Completes Acquisition of Paradise’s Candied Fruit Business

Seneca Foods Corporation and Paradise, Inc. (“Paradise”) (PARF) announced today that Seneca has completed the acquisition of Paradise’s fruit business. This business, based in...

Yili Completes Acquisition of New Zealand’s Westland Dairy Co-Operative

Hong Kong Jin Gang Trade Holding Limited, a wholly-owned subsidiary of China’s dairy giant Inner Mongolia Yili Industrial Group, on August 1 successfully completed...

Campbell Sells its Australian Snacks Unit Arnott’s and Some International Operations to KKR for...

Campbell Soup Company announced today that it has signed a definitive agreement for the sale of Arnott’s and certain of Campbell’s International operations to...

FoodBytes! by Rabobank Returns to London to Find Cutting-Edge Food and Agriculture Innovators

Business start-ups behind technologies which could provide game changing solutions for the food industry are being invited to pitch their ideas as part of...

Hostess Brands to Sell Superior Cake Products, Inc. to Sara Lee Frozen Bakery

Hostess Brands, Inc. today announced that it has entered into a definitive agreement to sell its Superior Cake Products, Inc. (“Superior”) in-store bakery business...

TreeHouse Foods Completes the Sale of its Snacks Division to Atlas Holdings LLC

TreeHouse Foods, Inc. today announced that it has completed the sale of its snack nuts and trail mix business to Atlas Holdings for $90...

Synlait Completes Talbot Forest Cheese Acquisition

Synlait  today announced it has completed the acquisition of selected Talbot Forest Cheese assets. The acquisition includes the property, plant and equipment of the...

ADM Starches and Sweeteners Down in Q2

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended June 30, 2019. “We took aggressive action in the face of...

DuPont Food & Beverage Volumes Down in Q2, Helped by Gains in Specialty...

• 2Q19 GAAP EPS from continuing operations of $(1.48); Adjusted EPS of $0.97, up 9 percent versus prior year • 2Q19 GAAP Income (loss) from...

Post Holdings Q3 Net Sales Down 10.5%

Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today reported results for the third fiscal quarter ended June 30, 2019. Highlights: * Net sales...

Brazil’s Dreams of Dairy with China Sales Authorized – Industry Group

Brazil is set to begin dairy shipments to China this month, with industry group Viva Lácteos saying the country could book $4.5 million in...

Natur International Acquires Controlling Interest in U.S.-based Temple Turmeric Beverages

Natur International Corp., (NTRU) a producer of natural and organic plant-based foods and beverages, has announced the acquisition of the controlling interest in Temple...

Kellogg’s Q2 Net Sales Up 3%

Kellogg Company Reports Second Quarter 2019 Results, Reaffirms Earnings Outlook BATTLE CREEK, Mich. - August 1, 2019 - Kellogg Company (NYSE: K) today announced second-quarter...

TreeHouse Foods Net Sales Down 14.1%

HIGHLIGHTS - Second quarter 2019 loss per diluted share was $(3.05) compared to a loss per diluted share of $(0.35) for the same period in...

Ingredion Invests to Expand Portfolio of Plant-Based Proteins

Ingredion, provider of ingredient solutions to diversified industries, today announced it will further expand its manufacturing and production capabilities in Vanscoy, Saskatchewan with Verdient...

Ingredion’s Q2 Sales Down 4%

Ingredion Incorporated Reports Second Quarter 2019 Results * Second quarter 2019 reported and adjusted EPS* were $1.56 and $1.66, respectively, compared with $1.57 and $1.66...

Dunkin’ Brand Q2 Revenue Up 2.5%

Second quarter highlights include: Dunkin' U.S. comparable store sales growth of 1.7% Baskin-Robbins U.S. comparable store sales decline of 1.4% Added 46 net new...

Maple Leaf Foods Q2 Sales Up 12.5%, Continued Double-Digit Growth in Plant-Based Protein

Maple Leaf Foods Inc. ("Maple Leaf Foods" or "the Company") (TSX: MFI) today reported its financial results for the second quarter ending June 30,...

France: Jean Floc’h Acquires Cured Meat Company

French meat processing company Jean Floc’h has acquired dried sausage company Chambost for an undisclosed amount. Based near Lyon Chambost produces 2000 tons of Lyonnais...

World Food Prices Ease for Second Month Running in July – U.N. FAO

World food prices eased for a second month running in July after five consecutive monthly gains, pushed down by falls in the prices of...

Impossible Foods Launches Co-Manufacturing Collaboration with OSI

Impossible Foods launched a co-manufacturing collaboration today with global food provider OSI Group, one of the largest food producers in the world. OSI will begin...

Greencore Q3 Group Revenue Down 2.9%

Resilient Q3 performance in challenging conditions Greencore Group plc (“Greencore’’ or “the Group”), a leading manufacturer of convenience foods in the UK, today issues a...

Asahi H1 Revenue Down 2.1%

Financial Results for H1 2019 Highlight Revenue ・H1: Finished below target with -2.1% YoY decline mainly due to the revenue decline of Alcohol Beverages Business and...

Mintel: Not Just a Summer Snack, 56% of Urban Chinese Ice Cream Consumers Eat...

Gone are the days when consumers viewed ice cream as just a summer treat; instead, it is now seen as an indulgent treat that...

DSM Human Nutrition Total Sales Up 7% in H1

DSM reports H1 2019 results Highlights - DSM reports a good H1 - Results compared to Underlying business in H1 2018: * Group sales +3%, Adjusted EBITDA up...

Euromonitor: The Expansion of Sports Nutrition

The sports nutrition industry is amidst a long-term growth trend unparalleled in recent consumer health history. From 2004 to 2018, the global sports nutrition...

Bunge Posts Profit on South America, Gain from Beyond Meat Investment

Agricultural commodities trader Bunge Ltd swung to a profit in the second quarter from a year-ago loss, helped by improved results at its South...

Beyond Meat Competitor Impossible Foods Receives FDA Approval for ‘Bleeding’ Plant Burger

The U.S. Food and Drug Administration on Wednesday approved a key ingredient in plant-based burger patties made by Impossible Foods, a rival to Beyond...

Fresh Del Monte Produce Q2 Net Sales Down in Banana and Fresh and Value-Added...

Fresh Del Monte Produce Inc. (NYSE: FDP) today reported financial results for the second quarter ended June 28, 2019. The Company reported earnings per...

Indonesian Palm Oil Lobby Urges Govt to Raise Tariffs on EU Goods

Indonesia's Palm Oil Association (GAPKI) urged the government to increase import tariffs on dairy products from the European Union in retaliation for the bloc's...

Fleury Michon Announces the Acquisition of Marfo Group

Regis Lebrun, General Manager of Fleury Michon SA and Claude Bergeron, President of Fleury Michon America are pleased to announce that the Fleury Michon...

Nordzucker Finalises Takeover of Australia’s Mackay Sugar

Germany’s Nordzucker has finalised the takeover of Australian sugar producer Mackay Sugar under plans to expand outside Europe to Australia and Asia, it said...

Bunge Food and Ingredients Edible Oils Offset Weakness in Milling in Q2

Q2 GAAP EPS of $1.43 vs. $(0.20) in the prior year; $1.52 vs. $0.10 on an adjusted basis Results include $135 million net...

UK: Confectionery Business Bon Bon’s Acquires HF Chocolates

Yorkshire based luxury confectionery company Bon Bon’s has acquired hf Chocolates for an undisclosed amount. Established in 1957 hf Chocolates imports and distributes luxury confectionery...

Turkey Hill Appoints Tim Hopkins As Chief Executive Officer

Turkey Hill LLC ("Turkey Hill" or the "Company"), a leading manufacturer and distributor of branded ice cream and refrigerated drinks for the retail, foodservice,...

China: SIG to Invest EUR 180 Mln Building New Production Plant

As the Asia-Pacific region continues to be one of the major growth engines for aseptic carton packaging, SIG has announced investment in the region...

Indonesia: Nestle Invests USD 99.9 Mln to Increase Production Capacity in Three Factories

Nestle Indonesia today announced the expansion of its three factories in Karawang (West Java), Kejayan (East Java) and Panjang (Lampung). The CHF 99 million (USD...

Glanbia H1 Total Group Revenue Up 12%

Glanbia plc ("Glanbia", the "Group", the "Company", the "plc"), the global nutrition group, is publishing its financial results for the six month period ended...

Philippines’ Jollibee Sets Sights on Indonesia with Coffee Bean Beachhead

* Seeks to tap Indonesia's big population, steady growth * Philippines' Jollibee rival to McDonald's, Yum Brands * Aims for profit from newly acquired Coffee Bean...

Oreo Maker Mondelez Raises Sales Forecast as Emerging Markets Fuel Growth

Mondelez International Inc raised its 2019 sales forecast on Tuesday, benefiting from several years of tailoring its chocolates and cookies to cater to consumer...

Mondelez Organic Net Revenue Up 4.6%

Net revenues declined 0.8% driven by unfavorable currency impacts; Organic Net Revenue1 grew 4.6%, through a combination of volume/mix and pricing Diluted EPS...

Ajinomoto International Food Products Segment Reports Slight Decline in Q1

In the three-month period ended June 30, 2019, the Ajinomoto Group’s consolidated net sales fell 1.7% year-on-year, or ¥4.6 billion, to ¥266.8 billion, largely...

Strong Growth for Aperol Helps Drive Campari Sales Higher

The popularity of orange aperitif Aperol and a jump in demand for tequila brand Espolon drove growth at Italian spirits group Campari, which reported...

Greggs Rides Success of Vegan Sausage Roll with Profit Jump

Vegan sausage rolls lured more people into the bakery stores of Britain's Greggs, helping drive a 58% first half profit rise as they also...

NZ: Danone to Invest USD 26 Mln Towards 100% Carbon Neutrality at Nutricia Spray...

Danone today announced a NZ$ 40 million (approx. €25 million) investment in its Nutricia spray drying plant towards achieving carbon neutrality by 2021. This...

Tierra Farm Acquires Organic Spice Company

Tierra Farm has acquired Pennsylvania based organic spice company Senor Sabor, no financial details have been disclosed. New York based Tierra Farm is a certified-organic...

China’s Shandong Province Says Fall Armyworm a ‘Major Threat’ to Autumn Crop Output

Agriculture officials in northern China's Shandong province warned on Tuesday that an infestation of the fall armyworm pest will spread further in the key...

St. Albans Cooperative Creamery to Merge with DFA

Members of the St. Albans Cooperative Creamery have approved a merger with Dairy Farmers of America (DFA). The merger is due to close August...

Reckitt Benckiser Sales Miss as China Infant Formula Demand Slows

British household goods maker Reckitt Benckiser reported lower than expected second-quarter sales, hurt by a slowdown in demand for infant formula in China, and...

Beyond Meat Shares Crumble on Stock Offering Surprise, Demand for Meatless Burgers Soars

Beyond Meat Inc's shares tumbled on Monday on plans for another stock offering just three months after its IPO while demand for its plant-based...

Beyond Meat Net Revenue Up 287% in Q2

Beyond Meat, Inc., a leader in plant-based meat, today reported financial results for its second quarter and six months ended June 29, 2019. Second Quarter...

Better Juice to Build Pilot Plant for Low-sugar Orange Juice

Better Juice, Ltd., the first foodTech startup to develop innovative technology to reduce all types of sugars in orange juice, and Citrosuco S.A, Brazil,...

Australia’s Mackay Sugar Accepts Nordzucker Takeover

Farmers who own shares in Australia's Mackay Sugar have voted to accept a takeover offer from Germany's Nordzucker, helping secure the company's future against...

Canadian Government Invests USD 12.8 Mln in Dairy Co-operative Gay Lea Foods

29 July 2019 – Gay Lea Foods, a Canadian dairy co-operative with more than 1,400 dairy farms in Ontario and Manitoba, has received a...

Australia: Aurora Pulls Out of Yowie Bid

Aurora Funds Management has advised it will not proceed with its takeover bid for Australia’s Perth based confectionery company Yowie. In a statement to the...

PepsiCo Pays USD 131 Mln. for Minority Stake in Major Chinese Natural Food Company

29 July 2019- PepsiCo announced Friday that it would be spending USD 131 million to acquire a minority stake in Chinese health food company...

UK: Cranswick Acquires Mediterranean Food Products Business

Cranswick Continental Foods has acquired food processor Katsouris Brothers Ltd for GBP 45 million. Further consideration of up to GBP 7 million may be...

Heineken’s H1 Beer Volume Up 3.1%

Heineken N.V. (EURONEXT: HEIA; OTCQX: HEINY) announces: Net revenue (beia) organic growth +5.6%; net revenue (beia) per hectolitre +3.0% Consolidated beer volume +3.1% Heineken®...

China’s Duck Farmers Cash in as Disease Slashes Pork Output

* Demand grows for duck meat as alternative to pork * Farmers boost output as both prices, costs rise * Rapid expansion has risks when pork...

As Rural India Develops Taste for Chocolate, a Dominant Mondelez Extends its Reach

* Growth in incomes, sharp tax cut propel India chocolate sales * Mondelez seeks to be in up to 100,000 villages in next 3 years *...

Dean Foods Appoints Eric Beringause as President and CEO

Dean Foods Company (NYSE: DF) today announced that Eric Beringause has been appointed President and Chief Executive Officer and a member of the Dean...

Ebro Reports H1 Net Turnover Up 7.6%

Ebro’s net turnover grew by 7.6% year on year to €1,356.8 million, boosted by the good performance of its brands. Its EBITDA, or gross operating...

Unilever Food Business Expands 1.3% in Q2; Ice Cream Innovation Mitigates Weather Woes

Unilever’s food and refreshments business saw growth of 1.3% in Q2, of which 1.4% came from price. In ice cream, the company managed 2% of...

Hochwald Acquires Majority Stake in Dairy Ingredient Company Almil

Dairy cooperative Hochwald Group will take a majority stake in Almil AG effective January 1st 2020, local press reports. No financial details have been...

Nestle Overhaul Speeds Up as It Posts Fastest Sales Growth in 3 Years

Food giant Nestle posted its fastest organic sales growth in three years on Friday as the KitKat chocolate bar maker's recovery under Chief Executive...

US: Northwoods Cheese Company Acquires Mille Lacs Foods

Wisconsin based Northwood Cheese Company has acquired Mille Lacs Foods, according to press sources. No financial details have been disclosed. Mille Lacs Foods, also Wisconsin...

Euromonitor: Beer Trends Brewing in Southeast Asia

While the projected volume growth of beer in Asia Pacific is expected to be sluggish due to the competition from alternative beverages such as...

Baby Food Company Serenity Kids Secures USD 1.5 Mln in Funding

Serenity Kids, offering Paleo, pouch-delivered baby food, has secured USD 1.5 million in funding in a round lead by Wild Ventures. It is understood...

Nestle’s H1 Reported Sales Up 3.5%, 3.6% Organic Growth Led by US and Brazil

Organic growth of 3.6%, with continued strong real internal growth (RIG) of 2.6% and pricing of 1.0%. Increased growth was led by the...

Starbucks Traffic Surges, Posts Best Sales Growth in Three Years

Starbucks Corp attracted more customers in the latest quarter on an expanded line up of beverages and food offerings in the United States and...

Tyson Expands Operations with Reopened Oklahoma Facility

Tyson is expanding its operations in Enid Oklahoma by reopening a former AdvancePierre facility. The reopened plant will produce ingredients for Tyson’s prepared foods business. Derek...

N. Ireland: Linwoods to Close Armagh Bakery

Linwoods is set to close its Armagh bakery, according to press sources, the company cites an ongoing decline in market demand as the reason. Linwoods,...