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,...

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,...

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...

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...

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...

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...

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...

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...

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...

China’s Luckin Hurt by Starbucks Battle

Luckin Coffee Inc posted a bigger-than-expected quarterly loss in its first results as a public company, hurt by soaring costs as it opened stores...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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,...

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...

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...

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...

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...

Kellogg Company Closes Sale of Keebler Cookies and Related Businesses to Ferrero

Kellogg Company (NYSE: K) announced today that it has closed the sale of Keebler cookies and other selected businesses to the Ferrero Group and...

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,...

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...

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®...

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...

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...

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...

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...

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,...

FrieslandCampina Sees Flat Revenue for H1, Processing Capacity Reassessed

Improved results, strategy execution as plannedRoyal FrieslandCampina N.V. 2019 Half-Year Results Revenue of 5.7 billion euros unchanged (first half of 2018: 5.7 billion euros) ...

AB InBev Profits as Beer Sales Growth Hits 5-Year High

Anheuser-Busch InBev, the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases...

Emmi Acquires Italian Desserts Company Pasticceria Quadrifoglio

Swiss dairy group Emmi has acquired Italian desserts company Pasticceria Quadrifoglio for an undisclosed amount. The transaction is subject to approval of the relevant...

Diageo’s Profit Rises on Strong Demand, Cost Cuts

Diageo, the world's largest spirits company, reported higher annual profit on Thursday, helped by growth across all its markets, an improved price mix and...

Muller Invests GBP 50 Mln Expanding Yogurt Facility, Doubling Capacity

A £50 million expansion project to build a chilled yogurt manufacturing facility capable of producing 500 million pots each year in Telford, has been...

Unilever, Tesco, Nestle Ranked Top on Meat Alternatives – Report

Unilever, Tesco and Nestlé are among the best prepared to capitalize on the trend for plant-based meat substitutes, according to a report from an...

Dunkin’ to Add Beyond Meat Sausages in Breakfast Sandwiches

Dunkin' Brands Group Inc said on Wednesday it would add vegan burger maker Beyond Meat Inc's plant-based sausages to its breakfast menu at stores...

Dr. Oetker Acquires Brazilian Decorative Confectionery Company

Dr Oetker Brazil has bought Brazilian confectionery company Mavalerio for an undisclosed amount. Albert Christmann, CEO of the Oetker Group said, "We have been successful...

Mintel: It’s Aluminum’s Time to Shine, Bottled Water Category

The bottled water market is in a transformational period. Currently, most mass market consumers are not especially worried about the environmental impact of plastic...

KKR Devours Tim Tam Biscuits Maker in $2.2 Bln Deal with Campbell

* KKR says its offer for Arnott's was accepted by Campbell * No deal value given; Media report puts deal value at $2.2 bln * Campbell...

Brazil Says China Authorized 24 Local Plants to Export Dairy Products

The Brazilian farm ministry said in a statement on Tuesday that China has authorized 24 plants to export dairy products including powder milk and...

US: Hudsonville Creamery and Ice Cream Company Expanding Packaging Line

Hudson Creamery and Ice Cream Company is investing USD 863 thousand expanding and diversifying its packaging line at its Holland, Michigan facility. The company...

Midsona to Acquire Alimentation Santé from Ebro Foods

Midsona AB is pleased to announce that it intends to acquire the entire share capital of Alimentation Santé SAS ("Alimentation Santé" or the “Company”)...

Coca-Cola Net Revenues Up 6% in Q2

The Coca-Cola Company today reported strong operating results in the second quarter of 2019, driven by consumer-centric innovation, solid core brand performance and improved...

UK Government Set to Ban the Sale of Energy Drinks to Under 16s

The UK Government has announced a ban of the sale of energy drinks to children aged 16 and under. British Soft Drinks Association Director-General Gavin...

Barry Callebaut Building A New Chocolate Manufacturing Facility in India

The Barry Callebaut Group has started construction of its new chocolate factory in Baramati, India. The facility is expected to be operational by mid-2020. Once...

Mead Johnson to Invest USD 67.7 Mln Expanding Infant Formula Facility

Mead Johnson is set to invest USD 67.7 million expanding its Zeeland, Michigan infant formula manufacturing facility. The company will receive a USD 175...

Lindt & Sprungli’s H1 Group Sales Up 6.2%

Strong organic Group sales growth +6.2% to CHF 1.76 billion (in Swiss Francs +5.4%) Increase in operating profit (EBIT) by +7.8% to CHF...

Lindt Confirms 2019 Outlook After Business Improves in the U.S.

Swiss chocolate maker Lindt & Spruengli on Tuesday confirmed it expects organic sales growth of 5-7% in 2019 after an improving situation in the...

Starbucks Enters Refrigerated Creamer Category

Starbucks has entered the refrigerated creamer category in the US launching its creamer products as a part of Starbucks and Nestle’s global coffee alliance....

Gabriella’s Kitchen Signs Definitive Agreement to Acquire Lulu’s Chocolates

Following the press release dated May 16, 2019 Gabriella's Kitchen Inc. is pleased to announce that it has entered into a definitive agreement with...

Starbucks’ China Rival Luckin Coffee Plans First Foray Overseas

Starbucks' Chinese challenger, Luckin Coffee, plans to open coffee shops in the Middle East and India, in its first move overseas. Luckin, which raised $561...

Snacks Brand Graze Expands into Europe

Healthy snacking brand graze has started its European expansion, last month launching direct-to - consumer in the Republic of Ireland, press sources report. Founded in...

Dairy: Ekosem-Agrar Acquires OAO Trud Farm in Russia

Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, has acquired the farm "OAO Trud" for an undisclosed amount, expanding into...

Campari Group Enters Negotiations to Acquire French Company Rhumantilles

Davide Campari-Milano S.p.A. announced today that it has entered into exclusive negotiations with Compagnie Financière Chevrillon and a group of minority shareholders (the ‘Sellers’),...

Nestle Uzbekistan to Sell Dairy and Bottled Water Operations to Lactalis

Nestle Uzbekistan is set to sell its bottled water and dairy operations, including two factories located in Namangan Uzbekistan to Lactalis, local press reports....

PepsiCo Offers $1.7 Bln to Buy South Africa’s Pioneer Foods

PepsiCo has made a $1.7 billion offer to buy South Africa's Pioneer Food Group the companies said on Friday, boosting the target's shares by...

Milking the vegan trend- A quarter (23%) of Brits use plant-based milk

• 33% of British 16-24s use plant-based milk alternatives in 2019. • Less than three quarters of 16-24s now use standard cow’s milk. • 40% of...

AB InBev to Sell Carlton & United Breweries to Asahi Group

Anheuser-Busch InBev has agreed to divest Carlton & United Breweries (CUB), its Australian subsidiary, to Asahi Group Holdings, Ltd. for 16.0 billion AUD, equivalent...

Brazil’s Monashees Buys Stake in Plant-Based Meat Producer Fazenda Futuro

Brazilian plant-based meat producer Fazenda Futuro said on Thursday it has received its first round of investments, led by venture capital firm Monashees. In the...

Coca-Cola HBC to Launch Costa Coffee Products in Several Markets in 2020

Soft drink bottler Coca-Cola HBC AG said on Thursday it will launch Costa Coffee products in several markets next year, months after Coca-Cola Co...

Remy Cointreau Confident on China After Weak Start of Year

French spirits group Remy Cointreau on Thursday expressed confidence revenue would rise in the second quarter after a weak start to the year and...

Conagra Expands Plant-Based Range

Conagra Brands Gardein is expanding its line of meat free options answering the growing demand for plant-based options as more people move to a...

Russia: Symrise Opens New Liquid Flavoring Production Line

Symrise has opened a new production line for liquid flavourings at its site in Rogovo, Russia. The expanded plant will offer liquid taste solutions...

Fonterra Australia May Eliminate 25 Posts

18 July 2019- Fonterra Australia has announced a proposal to eliminate 25 positions. The cuts would reportedly be made amid management and administrative staff at...

Remy Cointreau Eyes Q2 Acceleration After Q1 Sales Decline

* Group sales down 3% l-f-l, cognac up 5.5% * Q1 impacted by price increases * Termination of partner brands contracts also hit Q1 * Keeps outlook...

Abbott Nutrition Q2 Organic Sales up 5.1%

Abbott Reports Second-Quarter 2019 Results * Accelerated and sustainable growth driven by strong performance across portfolio * Raising full-year guidance for organic sales growth to 7...

Australia: Protein Smoothies Company Made Group Set to Expand

A distribution deal between Coca-Cola Amatil and the Made Group is set to expand the range of protein smoothies and cold pressed juices to...

Ornua to Close UK Production Plant

Irish Dairy Ornua has announced a move to close its Whitchurch, Shropshire plant, press sources report. The decision comes following a business review that...

Dina Farms Sees USD 24 Mln Investment, Plans New Yogurt Production Line

Egypt’s Dina Farms is set to benefit from a further USD 24 million (EGP 400 million) investment from parent company Qalaa Holdings over the...

GFI Reports US Plant-Based Food Sales Growing Five Times Faster Than Total Food Sales

The Good Food Institute (GFI) reports new data shows in the US the plant-based foods retail market is worth USD 4.5 billion, and in...

Mr Kipling Campaign Powers Premier Foods Growth

Bisto gravy and OXO cube maker Premier Foods reported higher group sales in the first quarter as its Mr Kipling cakes and Batchelors brands...

Global Dairy Prices Jump 2.7%, Ending Two-Month Losing Streak

* Global dairy prices rise 2.7% * Prices have fallen at past four auctions * Result driven by strong demand for milk powders (Recasts; adds analyst...

Mondelez Completes Acquisition of Majority Interest in Perfect Snacks

Mondelēz International today announced it has completed its previously announced agreement to acquire a majority interest in Perfect Snacks®, a pioneer in the fast-growing...

Blue Apron to Include Beyond Meat Burgers on Menus

Meal kit delivery company Blue Apron Holdings Inc said on Tuesday its menus would feature plant-based proteins from Beyond Meat Inc. The recipes will be...

WHO Concerned by High-Sugar Baby Food

16 July 2019- The World Health Organization has pointed the finger at baby foods “inappropriately” high in sugar which they say are “incorrectly marketed...

Nestle Creates 70% Dark Chocolate Made Entirely from Cocoa Fruit

Nestlé has announced it has created a unique chocolate made entirely from the cocoa fruit, using the beans and pulp as the only ingredients...

Yili Receives OIO Nod for Westland Acquisition

16 July 2019- Chinese dairy giant Inner Mongolia Yili has overcome a major procedural hurdle in its acquisition of New Zealand cooperative Westland Milk...

Irn-Bru Maker A.G. Barr Says Profits to Fall 20%

Irn-Bru maker A.G.Barr said on Tuesday it expected profits to fall 20% this year compared to last, citing disappointing spring and early summer weather...

On the Menu Soon: Lab-Grown Steak for Eco-Conscious Diners

Diners in some upmarket restaurants will soon be able to tuck into laboratory-grown steak, thanks to an Israeli startup that seeks to tap into...

Alvestaglass Acquires Ice Cream Distributor Nordic Mochi

Swedish ice cream manufacturer Alvestaglass has acquired Bubbies distributor Nordic Mocchi. The total purchase price is expected to be around USD 426.6 thousand (SEK...

UK: Warburtons Plans to Close Newcastle Bakery

Family owned British bakery Warburtons has said it plans to close its traditional bakery in Newcastle, local press reports. As well as the traditional...

Jones Soda Completes USD 9 Mln Strategic Financing with HeavenlyRx

Craft soda company Jones Soda has completed a USD 9 million strategic financing with HeavenlyRx Ltd., a portfolio company of SOL Global Investments focused...

Cultured Dairy has Arrived Perfect Day Unveils Animal Free Ice-Cream

Animal free dairy start-up Perfect Day has launched a limited-edition animal-free ice cream made with its flora-based protein. Perfect day produces casein and whey, the...

Swire Coca-Cola Expanding Operations in Arizona

15 July 2019- Swire Coca-Cola USA has launched an expansion of its operations in Glendale, Arizona, according to local press sources reporting on the...

Hold the Beers: Budweiser APAC IPO Fail Shows Valuations Face Investor Push-Back

Reluctance to accept AB InBev's high valuations doomed Budweiser APAC's IPO of up to $9.8 billion - poised to be the world's biggest this...

Aureus Completes Acquisition of Yuengling’s Ice Cream

Food brand development company Aureus has officially closed the acquisition of Yuengling’s Ice Cream. No financial details have been disclosed. Dating back to 1920, Yuengling’s...

Campbell Signs Agreement for Sale of Kelsen Group for USD 300 Mln

Campbell Soup Company announced today that it has signed a definitive agreement for the sale of Kelsen Group to a Ferrero affiliated company for...

Orkla Reports Good Growth for Food, Confectionery and Ingredients in Q2

Orkla ASA: Improvement for Orkla's branded consumer goods business In the second quarter of 2019, Orkla's branded consumer goods business achieved operating profit (EBIT adj.)...

Ice Cream Manufacturer Turkey Hill Plans Capacity Expansion

Turkey Hill LLC has outlined an investment plan that includes strengthening manufacturing operations and expanding capacity. Turkey Hill, a standalone company since being acquired from...

Cerealto Siro Sells Baby Food and Pastry Businesses as it Refocuses on Cereal

11 July 2019- Spanish food manufacturer Cerealto Siro has announced the divestment of two of its businesses and an investment in its production capacity...

Lala, Lactalis End Litigation, French Group Acquires Brazil Dairy Producer Itambe

French and Mexican dairy groups Lactalis and Grupo Lala SAB de CV reached an agreement to end litigation in Latin America, allowing Lactalis to...

Study Finds Possible Link Between Sugary Drinks and Cancer

People who drink a lot of sugary drinks have a higher risk of developing cancer, although the evidence cannot establish a direct causal link,...

First Milk Consults on Closing Arran Site

First Milk has today announced the commencement of employee consultation about proposed changes at its Scottish Creameries. The Scottish Creameries were put up for sale...

Morinaga’s Probiotic Bifidobacterium Longum BB536 Achieves Self-Affirmed GRAS for Infants

Japanese dairy company Morinaga Milk’s Morinaga Bifidobacterium longum BB536 has received self-affirmed GRAS (Generally Recognized as Safe) for infant formulas. An independent panel of...

Ghee Start-Up 4th & Heart Closes USD 7.6 Mln Funding

Californian based 4th & Heart Food brand has secured USD 7.6 million in a series C funding round led by Harbinger Ventures. The funding...

McCain Partners with Plant-Based Start-Up NUGGS

McCain Foods, frozen French fries, potato specialties and appetizers, announces a new strategic partnership and lead investment in NUGGS, a New York based start-up...

The $280,000 Lab-Grown Burger Could Be a More Palatable $10 in Two Years

* Growing demand for meat alternatives drives research and funding * Production costs falling dramatically, say start-ups * Biotech Foods targets industrial scale production by 2021 *...

PepsiCo’s Mini-Sized Sodas Boost Quarterly Results

PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as...

PepsiCo Q2 Net Revenue up 2.2%

PepsiCo, Inc.  today reported results for the second quarter 2019. “We are pleased with our results for the second quarter,” said Chairman and CEO Ramon...

PepsiCo Sells Kharkov Dairy Facility

PepsiCo has struck a deal to sell the Kharkov dairy plant to AgroSwit, press sources report, no financial details have been disclosed. It is understood...

Ausnutria Acquires Remaining Stake in Nutriunion

Chinese infant formula company Ausnutria plans to acquire the remaining 40% stake in Nutriunion (HK) and 40% stake in Nutriunion (GZ), a marketing and...

TreeHouse Foods Sells Snack Division to Atlas Holdings

TreeHouse Foods is offloading its Snacks Division to Atlas Holding for USD 90 million, the deal subject to closing conditions is expected to close...

Remy Cointreau’s CEO Chapoulaud-Floquet to Step Down

French spirits company Remy Cointreau said on Tuesday that Chief Executive Officer Valerie Chapoulaud-Floquet will step down by the end of 2019 for personal...

DSM and Avril Collaborate to Bring Plant-Based Protein to Food Industry

Royal DSM, a global science-based company active in health, nutrition and sustainable living, and Avril, an international French agro-industrial group, intend to work together...

Lactalis Group Acquires U.S. Yogurt Division of Ehrmann AG

Lactalis Group has acquired Ehrmann Commonwealth Dairy, the U.S. yogurt business of Ehrmann AG, the Bavaria, Germany based dairy company. The acquisition was completed...

Universal Robina Corporation Partners with Intersnack to Boost Oceania Operations

Universal Robina Corporation (URC), through its wholly owned BVI subsidiary URC Oceania Company Limited, has entered into a strategic partnership with Europe-based Intersnack Group...

UK: Burts Chips Renaming to Burts Snacks to Better Reflect Business

Burts Potato Chips has announced it is renaming to Burt Snacks to reflect its growing range of brands and “commitment to becoming the UK’s...

Almarai Sees 2.6% Increase in Q1 Revenue

Almarai Company Announces its Condensed Consolidated Interim Financial Results for the Period Ended 30th June 2019 (Six Months) Almarai Company (“the Company”) is pleased to...

Italy’s Newlat Plans to List in Milan in Autumn – Chairman

Italian food group Newlat plans to list on the Milan stock exchange in the autumn and will submit its initial public offering application on...

Thai Beverages Acquires Coffee Company Dongguan LiTeng Foods

Asiaeuro International Beverage, subsidiary of Thai Beverage, has acquired China coffee company Dongguan LiTeng Foods (LiTeng Foods) for USD 43,646 (RMB 300,000). LiTeng Foods, processer...

Parmalat Completes Kraft Heinz Canadian Natural Cheese Business Acquisition

Parmalat Canada, a subsidiary of Lactalis Group, has completed the acquisition of Kraft Heinz's natural cheese business in Canada for USD 1.24 billion (CAD...

New Zealand’s Fonterra Says Performance Needs to Improve After Shares Tumble

New Zealand's Fonterra, the world's biggest dairy exporter, on Friday said there were no new operational developments that could have triggered a drop in...

Froneri Enters Israel With Acquisition of Nestle Ice Cream Business

Froneri has agreed to acquire the Noga Ice Creams Limited Partnership, subject to regulatory approval. Noga is part of the Nestlé-owned business Osem Group...

Illycaffe Chairman Says Open to Partnership to Expand Cafe Network

Italian premium coffee maker illycaffe is open to a strategic partnership to help accelerate the growth of its retail network and could consider selling...

Budweiser APAC Won’t Rely on M&A to Grow After IPO, says CEO

Budweiser APAC will not rely on merger and acquisition (M&A) deals to expand after the Asia-Pacific business of beer giant Anheuser-Busch InBev (AB InBev)...

Parag Milk Foods Appoints CEO from Britannia

Parag Milk Foods has appointed Venkat Shankar as its new CEO, local press reports. Effective immediately Shankar joins from Britannia Industries Ltd, where he...

Ferarra Candy Closing US office

US The Ferrara Candy Company, an affiliate of Ferrero Group, is closing its Glendale offices. In a WARN notice the company said the closure...

New Distribution Centre for Barry Callebaut in Belgium

Cocoa and chocolate manufacturer Barry Callebaut is building a new global distribution centre in Lokeren, Belgium. The new 60,000 m2 distribution centre is expected...

Italy: Colussi Group Enters Chocolate Sector Acquiring La Suissa

Privately owned Italian food company Colossi Group has acquired a majority stake in Piemonte based confectionery manufacturer La Suissa, no financial details have been...

Chocolate Maker Mars Backs Ivory Coast, Ghana Cocoa Floor Price

U.S. food maker Mars Inc. supports a decision by Ivory Coast and Ghana to set a floor price for their cocoa exports, a senior...

Premium Prices Attract Small Farmers Back to Coffee Growing in Zimbabwe

David Muganyura smells the coffee cherries on the slopes of his plot and breaks into a smile, as he chats to workers who are...

Dairy Crest Rebrands as Saputo Dairy UK

Following its acquisition by Saputo Inc., Dairy Crest is changing its name to Saputo Dairy UK. The change to the corporate brand will have...