Dec. WASDE Maintains Milk Production Forecasts; Cheese and Butter Price Seen Down

The milk production forecasts for 2019 and 2020 are unchanged from the previous month. The 2019 and 2020 fat basis import forecasts are lowered...

Baby Food Delivery Service Yumi Raises USD 8 Mln in Funding

Baby Food Delivery start-up Yumi has raised USD 8 million in a new round of strategic funding, investors include founders/CEO’s of Sweetgreen, Casper, Warby...

McDonald’s Could Sell Over 250 Mln Beyond Meat Burgers in U.S. Annually – UBS

McDonald's Corp is selling only 20-30 plant-based Beyond Meat burgers per day in Canadian restaurant testing, although sales are reaching 100 burgers a day...

France: Océalia Buying Snacks Company Menguy’s

10 December 2019- French grains and oilseeds cooperative Océalia is moving forward with plans to acquire Soficor, a national leader in nuts, olives, popcorn,...

Cheese: Castelli’s Only US Plant Shuts Down

10 December 2019- Castelli America, LLC has shut down its Italian cheese plant in Ashville, outside of the town of Harmony, New York. The surprise...

Canada: Gay Lea Foods Acquires Thornloe Cheese

Canadian dairy co-operative Gay Lea Foods has confirmed it has completed an agreement to acquire the operations of Thornloe Cheese. No financial details have...

RB and Evolve BioSystems Partner to Advance Infant Gut Health

RB and Evolve BioSystems are teaming up in the sale of Evolve BioSystems' infant probiotic, Evivo. “Evivo (activated Bifidobacterium longum subsp. infantis (B. infantis)...

Canada: Dairy Processing Facility to be Built in Alberta

Construction on a new dairy concentration centre, Dairy Innovation West (DIW), is set to start in April 2020 in Alberta Canada. The facility will...

Coca-Cola HBC Completes Acquisition of Lurisia

Following its announcement on 18 September 2019, Coca‑Cola HBC AG (“Coca‑Cola HBC”) is pleased to confirm the completion of the acquisition of Lurisia, a...

a2 Milk Company CEO Steps Down Abruptly

New Zealand's a2 Milk Company Ltd Chief Executive Jayne Hrdlicka unexpectedly stepped down on Monday from the role she took on in July 2018,...

Brazil’s Marfrig Launches Global Plant-Based Meat Brand

Brazilian food processor Marfrig Global Foods SA on Monday will launch a global brand of plant-based meat products, according to a statement sent to...

Constellation Brands Sells Ballast Point Brand

Chicagoland-based Kings & Convicts Brewing Co. and Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Kings &...

JAT Signs Distribution Agreements for its Plant-Based Meat in China

JAT has signed its first distributor in China for its new plant-based meat products. As announced on 22 November 2019, JAT has established a joint...

Nestle Rolls out Plant-Based to DiGiorno and Stouffer’s Brands

Meatless is going mainstream as Nestle is launching new meatless DiGiorno and Stouffer’s innovations made with Sweet Earth Awesome Grounds, a plant-based ground beef...

PepsiCo Launches Second Greenhouse Program in North America

PepsiCo has announced the launch of its second PepsiCo Greenhouse program in North America, an innovation initiative designed to support emerging entrepreneurs and brands...

Mintel: Healthy Biscuits Have an Opportunity in China

Chinese consumers have a high demand for better-for-you and nourishing snacks, as consumption of fruit and vegetable snacks, dairy-based snacks and nuts and seeds...

Beyond Meat Burgers to Be Sold at Some Costco Stores

Beyond Meat Inc said on Thursday that its burgers will be sold at some Costco Wholesale Corp stores, in the plant-based meat maker's latest...

Stonyfield Farm’s Hirshberg Invests in Plant-Based Yogurt Brand

Gary Hirshberg, co-founder and former long-time CEO and Chairman of Stonyfield Organic, the world's leading organic yogurt producer, has become an investor and board...

NZ’s Synlait Gets China Infant Formula Approval for Auckland Factory

New Zealand's Synlait Milk on Thursday said it had received Chinese approval for the registration of infant formula processed at its Auckland-based facility, helping...

NZ’s Fonterra Raises 2019/20 Forecast Farmgate Milk Price

Dairy behemoth Fonterra on Thursday raised its forecast milk payment to farmers for the 2019-2020 season as it sees strong global demand. The company upgraded...

Mongolia’s Milko Secures Loan to Expand Dairy Operations

Dairy and beverage company Milko LLC, part of the food and beverage group Teso Corporation, has signed a deal with The Asian Development Bank...

Cake Maker Bauli Looks at Stake in Slovakian Sports Nutrition Company.

Italian cake company Bauli, known for its panettoni and Italian baked goods, is looking to take a stake in Slovakian sports nutrition company MaxSport....

Global Dairy Prices Fall for First Time in 3 Months

Global dairy prices slipped for the first time in three months in an auction held early on Wednesday as demand for milk fat products...

Germany: CCEP Invests EUR 30 Mln Glass Bottling Line

Coca-Cola European Partners has opened its new EUR 30 million refillable glass line at its plant in Mannheim, Germany, with the capacity to fill...

Battle of The Biscuits as Ferrero Aims to Take A Bite Out of Barilla

In the red corner is Italy's reigning cookie champion, Barilla's Gocciola. Across the ring in the blue corner is the challenger, Ferrero's Nutella Biscuit....

PepsiCo to Acquire BFY Brands Expanding Better-For-You Portfolio and Production Capabilities

PepsiCo, Inc. (NASDAQ: PEP) today announced it has entered into a definitive agreement to acquire BFY Brands, the maker of PopCorners snacks. Upon closing,...

Hostess Brands to Acquire North American Wafer and Cookie Company Voortman

Hostess Brands, Inc. and Voortman Cookies Limited (“Voortman”) today announced that they have executed an agreement under which Hostess will acquire Voortman, a leading...

Gioia Capital Buys Al Cohen’s Bakery Frozen Food Products Division

Al Cohen’s Bakery frozen food assets have been bought by Gioia Capital and two food industry executives, local press reports, no financial details have...

Wattle Health Continues Pursuit of Blend and Pack Via Rights Issue

02 December 2019- Publicly-quoted Australian infant nutrition and care firm Wattle Health addressed the ongoing saga of its acquisition of infant nutrition firm Blend...

Spain: PepsiCo Invests EUR 16.7 Mln in Snacks Logistics Centre

PepsiCo is set to invest EUR 16.7 million building a new logistics centre in Burgos that, company says, will improve the production, capacity and...

Valio Aims at Carbon Neutral Dairy by 2035

Sustainably produced food is a hot market and the carbon footprint of food products is already a decisive factor in consumers’ buying behaviour. Valio...

US: Halo Top Creamery Closing Chicago Plant

Ice-cream and frozen desert manufacture Halo Top Creamery is set to close its Chicago production plant. According to an Illinois WARNS notice layoffs will...

Thai Beverage Plans Singapore IPO of Up to $3 Billion-Source

Thai billionaire Charoen Sirivadhanabhakdi's Thai Beverage is planning a Singapore IPO of some of its regional beer assets in a float that could raise...

France’s Pernod Ricard Targets Trendy Tequila for Growth

Pernod Ricard is looking to expand its tequila range, possibly through acquisition, the French drinks group's CEO for Europe, the Middle East, Africa and...

Mintel: Vegan Chocolate Moves From Margins to Mainstream

Mars has just launched a line of vegan milk chocolate bars under its Galaxy brand, heralding the company’s first foray into non-dairy milk chocolate....

Euromonitor: The Real Landscape of Plant-Based Eating

Global meat consumption is continuing to rise, despite the trend of plant-based eating increasingly gaining traction in the developed world. Driven by environmental and...

Orkla’s Investment in Noi Sirius Completed

22 August 2019, Orkla announced that it had signed an agreement to purchase 20% of the Icelandic company Nói-Siríus HF (“Nói Siríus”), Iceland’s leading...

Mintel: China’s Mengniu Is Quietly Taking on The Global Dairy Industry

A little over 10 years on from the tainted milk scandal that rocked the Chinese dairy industry, market leading Mengniu has rebuilt. It is...

Orkla Latvia Investing EUR 1.2 Mln in Chips Plant

Orkla Latvia has invested EUR 1.2 million improving the production process at its Adazi chips manufacturing facility. The investment includes installing new automated packaging...

Bubs Relocating Its HQ to Be Closer to Key Channel and Retail Partners

Bubs Australia is moving its corporate headquarters to its Australia Deloraine Dairy facility in Dandenong, South Victoria. Mrs Carr, Bubs founder and CEO said, “We...

Australian Veggie Burger Company Receives AUD 35 Mln. in Series A Financing

26 November 2019- An Australian startup to make veggie burgers focused on imitating the taste and texture of meat has raised AUD 35 million...

Israel: PepsiCo Reportedly Investigating USD 92 Mln. Expansion of SodaStream Plant

26 November 2019 - PepsiCo-owned SodaStream, a system allowing consumers to purchase carbonation cylinders and make their own sodas at home, is reportedly seeking...

Stuffed Marshmallow Plant to Begin Production in PA in 2020

25 November 2019- US confectionery company Stuffed Puffs, which makes stuffed marshmallows, opened last week a production site in Bethlehem, Pennsylvania which will employ...

Cheese: Lactalis’s Buffalo Expansion Gets Nearly USD 1 Mln. in State Support

25 November 2019- New York State is offering dairy giant Lactalis financial support of nearly a million USD to offset some of the costs...

Many Americans’ Thanksgiving Dream: A Faux Turkey in Every Pot

When American vegetarians, pescetarians and flexitarians sit down at the Thanksgiving table this week, there's one thing many agree they would be thankful for:...

Biscuit International to Be Acquired by Investment Firm

Platinum Equity, a global investment firm based in Los Angeles, announced that it has entered into exclusive negotiations with Qualium Investissement to acquire Biscuit...

La Trinitaine Investing EUR 5 Mln. to Expand French Biscuit Production

French biscuit company La Trinitaine reportedly plans to invest EUR 5 million to enlarge its production plant in Saint-Philibert, in Brittany. According to industrial news...

Fermented Sciences, Maker of Hard Kombucha, Raises USD 25 Mln in Funding

Fermented Sciences, the maker of organic hard kombucha brand Flying Embers, has secured a USD 25 million Series B round co-led by the Ecosystem...

Katjes International Acquires Majority Stake in Candy Kittens

Katjes International is set to increase its stake in Candy Kittens Limited to more than 50% of the share capital. The agreement includes the...

UK: Muller To Remove All Plastic Straws by 2020

Muller has committed to removing all plastic straws from its products by 2020, the company’s new paper straw is fully recyclable, developed in partnership...

US: Cheese Packaging Business Opening in Former Tyson Food Plant

A former Tyson Foods plant in Jefferson, shuttered since mid-2016, has been bought by Rock River Food and Beverage Solutions. The company plans to...

Coca-Cola Replacing Shrink Film with Paperboard “Topper” on Multipack Cans

Coca‑Cola and bottling partners Coca‑Cola HBC and Coca‑Cola European Partners have announced they will begin rolling out a paperboard packaging solution on multipack cans...

Somerset Sparkling Water Acquired by New Slice Ventures

Organic sparkling water company New Slice Ventures has acquired caffeinated sparking water brand Somerset for an undisclosed amount. Somerset launched in Austin in the spring...

Cott Acquires Dutch Water Cooler Company Viteau

Cott Corporation, provider of home and office bottled water delivery services in North America and Europe and a leader in custom coffee roasting for...

Costa Coffee Announces Appointment of New CEO

Costa Coffee announced today that Dominic Paul will step down as CEO of the company effective Nov. 30. He will be succeeded Dec. 2...

USA: Ferrero Opens Distribution Centre

Confectionery company Ferrero has opened its new distribution center located in, Jonestown, PA. The 730,000 square-foot facility will support Ferrero's organic growth and integration of...

Vegan Ingredients Firm Perfect Day to Tackle New Challenge: Animal Fats

20 November 2019- Vegan ingredients firm Perfect Day has announced plans to expand their ingredients platform, currently focused on milk proteins, into animal fats...

UK: Geary’s Bakery Sells Majority Stake

Leicestershire based Geary’s Bakery has sold a majority stake to the Unsworth family, founders of Aimia Foods, local press reports. No financial detail have...

Fevertree Drinks Warns on Revenue as UK Retail Spending Cools

Premium tonic water maker Fevertree Drinks Plc on Wednesday warned on its annual revenue as Britons spent less on its mixers sold in retail...

Demand for Meat Alternatives is Driving Segment Expansion

DuPont Nutrition & Biosciences has identified that most consumers in South America want to add more vegetable protein to their diets. It is not news...

Global Dairy Prices Rise for Fifth Time in a Row

Global dairy prices rose for the fifth time in a row at a fortnightly auction held early on Wednesday as constrained global supply provided...

Coca-Cola Switches to Recycled Plastic for PET Bottles in Sweden

Drinks group Coca-Cola said on Tuesday it would start using PET bottles in Sweden made only of recycled plastic in a first step towards...

Molson Coors Partners with Emerging Nonalcohol Beverage Firm

Molson Coors and L.A. Libations today announced a multiyear partnership that includes a significant minority equity investment by Molson Coors in L.A. Libations as...

UK: Albert Bartlett Acquires Stake in Kiddyum

Potato grower and packer company, Albert Bartlett, has taken a 40% stake in children’s frozen food brand Kiddyum, local press reports. No financial details...

Synlait and The A2 Milk Company Extend Supply Agreement

Synlait Milk Limited has renegotiated aspects of its comprehensive manufacturing and supply arrangements with The a2 Milk Company. Changes reinforce the companies’ long-term partnership. Synlait...

New Zealand’s A2 Milk Raises Margin Outlook as Marketing Pays Off

New Zealand's a2 Milk Company raised its operating profit margin forecast on Tuesday on the back of higher marketing spending, sending its shares to...

Beyond Meat vs Zhenmeat: The Battle for China’s Meatless Market

U.S. plant-based "meat" makers targeting China like Impossible Foods and Beyond Meat Inc will need to battle homegrown rivals which are developing local favourites...

Cott to Acquire The Water Guy, Strengthening Customer Base in the Mid-Atlantic

Cott Corporation , a leading provider of home and office bottled water delivery services in North America and Europe and a leader in custom...

Australia: Unilever Relocating Weis Ice-Cream Production

Unilever has announced plans to move the production of its Weis Ice cream business from Queensland to New South Wales, local press reports. In 2017...

HKScan and Hes-Pro Oy to Develop Plant-Based Protein Products

HKScan Corporation and Hes-Pro (Finland) Oy have signed a cooperation agreement to develop, produce and launch plant-based protein products. Hes-Pro Oy is part of...

Nestle and Carrefour Apply Blockchain Technology to Infant Nutrition

Nestle and Carrefour have rolled out their next blockchain technology project, consumers can now access blockchain data for the infant milk range GUIGOZ® Bio...

Bimbo Bakeries USA Commits to 100% Sustainable Packaging by 2025.

Bimbo Bakeries USA announced today that it is committing to 100% sustainable packaging for its entire product portfolio by 2025. Through this commitment, the...

DSM to Acquire Specialty Dairy Solutions Provider Royal CSK

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announces that it has reached agreement with the shareholders of specialty...

Arla Launches Climate Check Program to Lower GHG Emissions of Dairy Farmers

15 November 2019- European dairy cooperative Arla unveiled today its Climate Check program, an initiative it claims will triple the speed of CO2e reductions...

Jurgen Brandt Appointed New CFO of the HOCHDORF Group

The Board of Directors of the HOCHDORF Group has appointed Jürgen Brandt as the new CFO and member of the Executive Board. He will...

Australia Approves China-Government Backed Buyout of Dairy Firm Bellamy’s

* FIRB says deal not against national interests * Conditions to approval to keep Bellamy's in Australia * Australia has previously blocked Chinese investment * Opposition lawmakers...

Refresco acquires AZPACK in Arizona, USA

Refresco announces that it has entered into an agreement with AZPACK (Arizona Production & Packaging) to acquire their manufacturing activities located in Tempe, Arizona,...

Buy & Build Strategy Accelerates, Refresco Reports Solid Q3 2019 Results

Refresco publishes the third quarter 2019 results of Sunshine Top B.V., the entity owning Refresco Holding B.V. 1 Q3 2019 Highlights Total volume was 2,905...

Luckin Coffee’s Not-So-Secret Weapon in Battle with Starbucks: Tea

Luckin Coffee Inc's new teas pulled in more customers to its rapidly expanding network of stores in China in the third quarter, helping the...

BevCanna Plans to Acquire Cold-Pressed Juice Co.

Emerging leader in infused cannabis beverages, BevCanna Enterprises Inc. announced today that it has signed a non-binding Letter of Intent (the "LOI") to acquire...

Bega Cheese Appoints Pete Findlay as New CFO

Bega Cheese is pleased to announce the appointment of Pete Findlay as Chief Financial Officer who commences with the Group today. Pete is a commercially...

UK: Baby Food Manufacturer For Aisha Secures PE Investment

Halal baby food manufacturer For Aisha has secured backing from private equity investment company Foresight Group, no financial details have been disclosed. UK based For...

Saputo Execs See Positive Improvement in North American Competitive Environment

13 November 2019- Executives at Canadian dairy giant Saputo seemed to suggest that things might be looking up for the beleaguered North American dairy...

Roquette Ventures Invests in Bio Venture Company Developing HMOs

Roquette Ventures, an investment company supporting pioneer innovations for Food, Nutrition and Health markets, and Advanced Protein Technologies (AP Technologies), a bio venture company...

Brazil’s BRF to Launch Complete Line of Plant-Based Food Products

Brazilian meat-packer BRF SA will launch a complete line of plant-based food products in the first half of 2020, chief executive Lorival Luz said...

Refresco to Acquire Britvic’s Three Juice Bottling Facilities in France

Refresco announces the potential acquisition of Britvic’s three juice manufacturing facilities in France by Refresco. The prospective transaction, subject to employee consultation and competition...

Burger King Picks Unilever to Make Plant-Based Whoppers in Europe

Burger King on Monday rolled out a meat-free version of its Whopper burger in 25 European countries, using patties made by Unilever Plc to...

Smaller, Thinner, Less Sweet Snacks? Mondelez Makes Health Drive

Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds...

Swiss Coffee Lovers Win Reprieve Over Plans to Scrap Bean Stockpile

The Swiss government has woken up and smelled the coffee, delaying a final decision on its plan to scrap the nation's strategic bean reserve...

British Baker Greggs Bucks Retail Gloom with Higher Profit Prediction

Baker and takeaway food group Greggs raised its profit forecast on Monday, lifting its shares and reinforcing its position as one of Britain's few...

Tata Global Beverages Reports 8% Increase in HY Operational Revenue

For the quarter, Revenue from operations at Rs. 914 crores increased by 8% over corresponding quarter of the previous year mainly on account of...

Beyond Meat Eyes Production in Asia Before the End of 2020

Beyond Meat Inc aims to start production in Asia before the end of next year, as it gets closer to selling its popular plant-based...

Arla Invests EUR 80 Mln to Double Mozzarella Production at Branderup Dairy

Arla is set to invest EUR 80 million to more than double mozzarella production at its Branderup Dairy in Denmark. The expansion, the company...

Agropur Reviews Canadian Operations

In a competitive market, Agropur Cooperative is carrying out an organizational review to increase the profitability of its Canadian operations. A total of 125...

Coca-Cola Chooses Plastic Bottle Collection Over Aluminum Cans to Cut Carbon Footprint

Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminum cans as the world's largest soft drinks maker seeks to...

INTERVIEW: Wide Open Vegan Cheese Space Leaves Room for Plant Perks to Take Off

The Economist named 2019 the “year of the vegan”. Vegetable patties have found their ways onto the menus of iconic hamburger joints. Ice cream...

Canada: Aryzta Adds New Line at Its Ancaster Bakery

ARYZTA’s new frozen bread line at its bakery in Ancaster, Canada is expected to be operational this month. The line both expands Ancaster’s offerings...

Bubs Signs Goat Milk Deal with China’s Alibaba

Bubs Australia has signed an agreement with Chinese ecommerce business Alibaba to import adult goat dairy products into mainland China. The agreement, Bubs said,...

Ireland to Impose “Latte Levy” by 2021 to Cut Plastic Waste

Ireland will impose a so-called latte levy on disposable coffee cups by 2021 in a bid to change consumer habits and cut the environmental...

Dairy Free Drinks Producer Mooala Secures USD 8.3 Mln Funding

Mooala, maker of  organic, dairy-free beverages and creamers, today announced it has completed a $8.3 million Series A equity financing. Sweat Equities, an investment firm specializing in...

Mintel: India’s Chocolate Confectionery Market is Forecast to Reach INR 172 Billion in 2019

An industry often categorised as impulsive and indulgent for consumers, the chocolate industry in India moves quickly and is expected to see double-digit growth...

Beyond Vegan Burgers: Next-Generation Protein Could Come From Air, Methane, Volcanic Springs

It may sound like science fiction, but in a few short years the family dinner table may be laden with steak from a printer...

Global Dairy Prices Jump 3.7% on Dampened Supply

Global dairy prices surged 3.7% at a fortnightly auction held early on Wednesday, boosted by constrained global supply and New Zealand production. The GDT price...

Ornua Opens Cheese Production Facility in Spain

Irish dairy cooperative Ornua has opened its EUR 30 million cheese production facility in Avila, Spain, built on the former Ornua cheese manufacturing site...

US: AMPI to Close Two Dairy Production Plants

Associated Milk Producers Inc. (AMPI) has said it plans to shut down production at its Arlington, Iowa, non-fat dry milk plant and Rochester, Minn.,...

Signature Foods Acquires Topking Fingerfood

Dutch snacks company Topking Fingerfood had been acquired by Signature Foods BV for an undisclosed amount. Established in 1982, Topking’s products include spring rolls, cheese...

Wattle Health to Set Up JV to Sell Nutritional Products into China

Wattle Health Australia (WHA) has signed a collaboration agreement with Chinese Nutritional Company Nouriz to set up a 50/50 joint venture for the manufacture...

Snacks: Calbee Acquires Warnock Food Products

Calbee, through its US subsidiary Calbee America (CAN), has acquired an 80% share in Californian based snacks manufacturer Warnock Food Products. “Through the acquisition...

PE Firm TGP to Acquire Stake in Kenyan Dairy Company

American private equity firm TGP Capital Partners is set to take a 33.9% stake in Kenya's Maziwa Ltd through its subsidiary Pledge Holdco Ltd....

Muller Confirms Measures to Address Growing Milk Surplus in Scotland

Muller has announced measures to reduce the over all volume of milk purchased in Scotland, a number of farmers in the northeast are being...

Scotland: First Milk Consults on Closing Campbeltown Creamery

First Milk has today announced the commencement of employee consultation about its proposed intention to close its Campbeltown Creamery. This puts 14 jobs at...

Nestle Inaugurates Its First Gerber Cereal Snacks Plant in China

Nestle has today inaugurated its first Gerber NutriPuffs cereal snacks plant in Shuangcheng, Harbin Province, China. With an investment of around RMB 100 million (approx....

Canada: Lassonde to Acquire Fruit-Based Snack and Beverage Manufacturer Sun-Rype

Food and beverage company Lassonde Industries is set to acquire Canadian fruit-based snack and beverage manufacturer Sun-Rype Products Ltd for around USD 61 million...

Netherlands: Vion to Tranform Beef Plant into Factory for Plant-Based Meat Substitutes

31 October 2019- A 2 year old Vion beef facility in Leeuwarden will be transformed into a site for plant-based meat alternatives, according to...

US: Kemin Opens USD 1.5 Mln Bakery Innovation Centre

Ingredient manufacturer Kemin Industries has opened a Bakery Innovation Center at its global headquarters in Des Moines, Iowa. The USD 1.5 million investment, the...

Starbucks Earnings Heat Up on China Expansion, Digital and Cold Brews

Starbucks Corp beat Wall Street sales and revenue estimates on Wednesday, driven by new stores, digital ordering and delivery in China, and cold drinks...

Fonterra Reports Higher Milk Solids Production in September

* NZ milk output helped by good temperatures and pasture quality * Australia milk collection down on poor weather, intense competition * China demand for infant...

Nestle Considering Sale of Local Chinese Brands

Nestle is considering options, including sale, for two poor performing Chinese units according to a report from Blumberg that cites “people familiar with the...

UK: Glebe Farm Foods Expanding Oat Drink Production

Glebe Farms Foods is set to expand its Cambridgeshire oat production site. The decision to expand, the company says, is driven by the increase...

USA: Upstate Niagara Cooperative to Buy Byrne Dairy Operations

Upstate Niagara Cooperative has announced the purchase of Byrne Dairy’s fresh fluid milk operations. No financial details have been disclosed, closing is expected within...

Lantmännen Unibake Consolidating European Bakery Operations, Closing 3 Bakeries

Danish bakery Lantmännen Unibake has announced plans to close bakeries in Poznan, Viborg and Budapest, the move follows a business review evaluating the efficiency...

Oreos Maker Mondelez Raises Outlook on Emerging Markets Demand

Ritz crackers-owner Mondelez International Inc raised its 2019 sales forecast on Tuesday after reporting a 1.1% rise in third-quarter revenue, driven by higher demand...

Gerber and TerraCycle Partner on U.S.-Wide Recycling Program

Gerber has partnered with international recycling company TerraCycle to help give hard-to-recycle baby food packaging a new life. This partnership is rooted in Gerber...

Wisconsin Cheese Group Receives Investment from PE Firm

American private equity firm Centre Partners has made an investment in Wisconsin Cheese Group (WCG), no Financial details were disclosed. Founded in 1985, Minnesota based...

French Group Le Duff Invests EUR 250 Mln in A New Premium Bread Plant

Le Duff plans to increase its bread-baking capacity, near its headquarters in Western France, by building a new plant in Brittany for Bridor, one...

ICL Invests USD 20 Mln in Plant-Based Meat-Alternatives Production

Israeli specialty mineral and chemical company ICL is set to invest USD 20 million to expand its manufacturing capacity and R&D capabilities for its...

Australia’s Bega Cheese Shares Melt as Hot Weather Prompts Profit Warning

* Bega forecasts lower 2020 fiscal earnings * Milk supply tight as drought stretches into third year * Bega increases milk price, restructuring manufacturing capacity Australia's Bega...

Beyond Meat to Offer More Store Discounts as Competition Heats Up

Beyond Meat Inc reported its first ever net profit and raised its full-year sales forecast, but shares tumbled 6.5% in extended trading as the...

Italy to Tax Plastic and Sugar, Angering Producers

Italy's 2020 budget will include new taxes on plastic and sugary drinks designed to raise 1.3 billion euros, government officials said on Monday, prompting...

Impossible Foods Files Application to Sell Its Plant-Based Burgers in Europe

Plant-based burger company Impossible Foods has filed an application to gain authorisation for the use of soy leghemoglobin in the EU, according to CNBC. It...

Switzerland: Planted Foods Ag Raises USD 7 Mln in Funding

Swiss ETH Spin-off Planted Foods AG has raised USD 7 million (CHF 7 million) in a seed funding round. The funds will be used...

Saputo Completes the Acquisition of Lion Dairy & Drinks Specialty Cheese Business

Saputo completed today the transaction announced on April 26, 2019, and acquired the specialty cheese business (the “Specialty Cheese Business”) of Lion Dairy &...

Italy: Latteria and Caseificio Moro Accelerates Development with PE Investment

Italy’s Latteria and Caseificio Moro has received an investment from private equity firm Argos Wityu, the investment will go towards growth in Italy and...

Heineken to Invest $244 Mln in Brazil by 2020 to Double Capacity

Heineken, the world's second-largest brewer, will invest 985 million reais ($244 million) in Brazil to double its production capacity, CEO Mauricio Giamellaro told the...

Barilla Plans EUR 70 Mln. of Investment in France

Barilla has reportedly announced that it would be investing EUR 70 million in its French network over the next three years, according to local...

Synlait to Acquire Cheese Supplier Dairyworks for USD 71.6 Mln

Synlait has announced the conditional purchase of Dairyworks for NZD 112 million (USD 71.6 million), subject to Overseas Investment Office approval. Established in 2001 Dairyworks...

Asahi CEO Bets on Better Tasting Alcohol-Free Beers; Pauses Acquisition Spree

Asahi Group Holdings' Chief Executive Akiyoshi Koji is betting on alcohol-free beer to drive global profits in coming years, leveraging Japanese technology to improve...

Hershey Ups Full-Year Sales Forecast After Third-Quarter Beat

Hershey Co raised its full-year revenue forecast after posting third-quarter results that beat Wall Street estimates on Thursday, driven by price increases and investments...

Arla Foods Inaugurates Cheese Production Site in Bahrain

Arla Foods today inaugurated a cheese production site in the Kingdom of Bahrain to support the increasing demands for dairy in the Middle East...

Snacks Manufacturer Uncle Ray’s Constructing New Facility in Missouri

Potato chip and snack manufacturer Uncle Ray’s has started construction on a new manufacturing facility in Montgomery City, Missouri. The 94,000 sq foot facility...

Kraft Heinz Sees Potential in Baby Food, Will Keep Plasmon

Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its 'Made in Italy' credentials to expand...

Kar’s Nuts Names Veteran Snack Food Executive As CEO

Kar's Nuts, a manufacturer of premium and better-for-you snacking products under the Kar's®, Second Nature® and Sanders Fine Chocolatiers® brands, today announced the appointment...

Tetra Pak Invests EUR 25 Mln in Cheese Production Centre in Poland

Tetra Pak has today announced the opening of a €25 million site with sales, engineering and manufacturing facilities for cheese production solutions. Building on the...

Thai Union Creates Venture Fund to Drive Food-Tech Innovation, First Investment in Alternative Protein

Sea food company Thai Union has created a venture fund initially committing USD 30 million to drive innovation in food-tech. The venture fund will...

USA: Pizza Hut Trials Kellogg’s Plant Based Meat and Round Pizza Boxes

Pizza Hut in Pheonix is running a limited time test of two new product innovations, a plant-based pizza topping and a round pizza box. The...

Heineken’s Q3 Beer Volume Up 2.3%

Heineken N.V. today publishes its trading update for the third quarter of 2019. KEY HIGHLIGHTS • Beer volume +2.3% organically with double digit growth in Asia...

Canada: Agropur Closing Goat Milk Production Facility

Following a meeting with Producteurs de lait de chèvre du Québec, Agropur Cooperative said talks, that started a year ago, had concluded. A range of...

Conagra Brands Completes Divestiture of DSD Model Snacks Business to Utz Quality Foods

Conagra Brands, Inc.announced that it has completed the divestiture of the portion of its snacks business that operates under a Direct-Store-Delivery (DSD) model to...

UK: Flavoured Water Brand Revolution Waves Acquired by Clearly Drinks

Soft drinks manufacturer Clearly Drinks has invested in flavoured water brand Revolution Waves, no financial details were disclosed. Founded in 2017 Revolution Waves manufactures a...

Reckitt Benckiser Infant Nutrition Segment Delivered LFL Growth of 7.2% in Q3

IFCN (Infant Nutrition) *  The IFCN segment delivered LFL growth of +7.2% in the quarter bringing the YTD LFL performance to +3.9%. *  The most recent market...

Arla Foods Announces Departure of CFO

Arla Foods announces that its CFO Natalie Knight has accepted the role of Executive Vice President, Finance, of Dutch-Belgian retail group Ahold Delhaize, and...

Growing Sustainability Concerns Will Shape the Indian Soft Drinks Industry

Ethical living is a crucial trend currently influencing consumer preferences and driving new product development in soft drinks in India, according to global market...

New Age Beverages Expands Partnership with Nestle

Organic and natural products company New Age Beverages is set to expand its partnership with Nestle, broadening their license agreement on NESTEA to include...

NZ’s Fonterra Raises Farmgate Milk Price Forecast

The world's biggest dairy exporter Fonterra on Tuesday increased the 2019-2020 guidance range for the price it pays farmers to procure milk, saying it...

Kantar Case Study – Pepsico: Overcoming Barriers for Snacks

Sometimes a product just seems to have reached saturation in its market. For no obvious reason, it’s just not clear how to encourage people...

La Boulangère & Co. Opens New Baked Goods Factory in France

French baked goods company La Boulangère & Co. has opened its 7th factory in the northwestern town of La Chaize-le-Vicompte, according to local press...

Sacco Partners with Jebsen and Jessen Ingredients to Expand Dairy Product Reach in Asia

Sacco S.r.l. Cadorago, Italy and Jebsen & Jessen Ingredients announced a new partnership that will see Sacco’s Dairy culture and probiotic dairy products distributed...

Upfield Group Acquires Arivia, Producer of Plant-Based Cheese

Upfield Group B.V., plantbased butter and spreads, today announced that one of its group companies, Upfield Europe B.V. has entered into a share purchase...

INSIGHT-Plastic Bottles vs Aluminum Cans: Who’ll Win the Global Water Fight?

* Companies under pressure after scenes of plastics in oceans * Danone joins Coke, Pepsi in shifting some plastic to cans * Recycling rates much higher...

Zero-Sugar Sodas, Smaller Soft Drink Cans Drive Coca-Cola Revenue Beat

Coca-Cola Co beat Wall Street estimates for quarterly revenue on Friday as customers took to smaller-sized cans of its sodas, including Coca-Cola Zero Sugar,...

Ball Corp. Investing USD 200 Mln. in Massive Push Behind Aluminum Cups

Aluminum packaging supplier Ball Corporation has announced it will be investing USD 200 million to build a new facility for the production of aluminum...

Sodiaal Investing EUR 10 Mln. in New French Cheese Line

French dairy co-op Sodiaal’s will be installing a new production line at its cheese factory La Fromagerie de Saint-Flour. At a cost of EUR 10...

Danone Sees 3% LFL Sales Growth in Q3

Consolidated sales up by +3.7% on a reported basis to €6,418m in third quarter Third consecutive quarter of like-for-like sales growth acceleration: +3.0% in Q3 Very...

Pernod Ricard Considers U.S. Price Hike to Offset Trade Tariffs

* Q1 sales up 1.3% on underlying basis vs 3.3% consensus * Pernod Ricard mulls price hikes in U.S. post tariffs * Keeps guidance which notably...

Denmark: Cosucra to Open a Second Pea Processing Plant

After having completed in 2018 a €35 million investment in the extension of its pea plant in Belgium, COSUCRA is now in a position...

Qatar’s Dairy Company Baladna to Raise Around $392 Mln in IPO

Qatari company Baladna, which has built a dairy business in the desert following a trade embargo by Saudi Arabia and its allies, will launch...

Nestle Revamps Waters Business as Organic Growth Slows

* Organic growth slows in Q3 from strong Q2 * Plans to return 20 billion Swiss francs to shareholders * Revamps waters business, creates strategy unit...

New Zealand Milk Production Worries Bolster Milk Powder Futures

Whole milk powder futures held their ground, amid mixed ideas on New Zealand milk production at its seasonal high, and despite a sluggish performance...

Pernod Ricard Q1 Sales Growth Slows as China and India Decelerate

* Pernod under pressure from investment group Elliott * Q1 sales up 1.3% on underlying basis * China and India show signs of slowdown (Adds detail...

Refresco Forms Strategic Partnership with PepsiCo in Spain

Refresco has reached a strategic agreement with PepsiCo for the production of part of the PepsiCo beverages volume in Spain effective 1 November 2019. Refresco...

USA: LaClare Family Creamery Invests USD 10 Mln Doubling Operational Footprint

Wisconsin based LaClare Family Creamery has completed a USD 10 million expansion adding 28,000 square feet to its goat cheese operations. The expansion, the...

French Confectioner Fights to Save Christmas from the Brexit Grinch

* Confectioner says a third of British orders brought forward * UK retailers stockpiling ahead of Oct 31 Brexit deadline * Extra workers, night shifts mean...

Rabobank: Investing in Cheese Is Still a Good Bet

Investing in cheese manufacturing remains a good opportunity, according to the most recent RaboResearch dairy report “Global Cheese Trade Dynamics: Investing in Cheese Is...

Futura Foods Acquires GRH Food Company

Production at GRH Foods North Wales cheese facility is set to restart having been acquired by Futura Food UK Limited (‘Futura’). GRH went into...

Brazil: Massimo Zanetti Beverage Group Acquires Coffee Company Cafe Pacaembu

Producer and processer of roasted coffee Massimo Zanetti Beverage Group has acquired Cafe Pacaembu Ltda through its Brazilian subsidiary. No financial details have been...

Pork Brand Snaffling Pig Raises GBP 1.28 Mln in Crowdcube Round

Premium food and drink brand Snaffling Pig has closed its equity crowdfunding campaign on Crowdcube securing GBP 1,286,000 in total funding. Starting as a a...

European Innovators Target the ‘Chocoisseurs’

There is no arguing that Europeans love their chocolate: on average three-quarters of consumers include chocolate in a typical grocery basket, while per capita...

KIND Announces Acquisition of Better-For-You Snacking Company Creative Snacks Co.

Today, KIND Healthy Snacks announced the acquisition of Creative Snacks Co., a family owned better-for-you snack manufacturer based in North Carolina. Creative Snacks' award-winning...

Chocolate Makers Face Ethical Branding Dilemma

Ivory Coast and Ghana's threat to possibly halt the cocoa industry's ethical branding schemes poses a major risk to chocolate makers operating in Western...

Welsh Dairy Farmers Scramble To Find Buyers As Tomlinson’s Dairies Closes

Welsh dairy farmers have been desperately looking for new milk buyers after the suspected collapse of Tomlinson’s Dairies. The plant at Minera near Wrexham buys...

Tyson’s Food Waste Fighting Brand Yappah Shutting Down

Yappah Brand launched by Tyson Innovation Lab in May 2018 has shut down. The brand that upcycled chicken breast trim to protein crisps posted...

UK: Rebel Kitchen and Nurture Brands to Merge

From January 2020 Rebel Kitchen will join Emily and Ape as part of Nurture Brands to creating a plant-based snack and beverage business. Rebel Kitchen’s...

Diageo Opens New Innovation and Research Centre in Scotland

The new £6.4 million laboratory will be the new home for teams working on science, technology and innovation projects across the drinks industry supply...

Mintel: ITC’s Whipped Coffee Paste Aims to Disrupt India’s Instant Coffee Segment

The entry of coffee chains such as Starbucks, Cafe Coffee Day, Costa Coffee and Barista over the past few years has played a crucial...

Campbell Completes Sale of European Chips Business to Valeo Foods

Campbell Soup Company announced it has completed the sale of its European Chips Business to Valeo Foods, a portfolio company of CapVest Partners LLP,...

CEO Michele Buck Elected Chairman Of The Hershey Company

The Hershey Company has announced that its Board of Directors has elected Michele Buck as Chairman of the Board of Directors of The Hershey...

Fraser & Neave Holdings to Spend USD 50 Mln on Capacity Expansion Projects

Malaysian diary manufacturer, Fraser & Neave Holdings said it will be investing RM 180 million (USD 50.1 million) to expand the company’s production capacity...

9 Liquid Milk Startups Reportedly Chosen for Real California Milk Accelerator Program

14 October 2019- Industry press are reporting that the California Milk Advisory Board (CMAB) has chosen the nine startups which will go on to...

Dean Foods to Leave IDFA

Dean Foods is set to part ways with the International Dairy Foods Association, press sources report, ending its relationship with the organisation over its...

Orkla Latvia Invests in Laima Facility

Orkla Latvia has invested EUR 800 thousand in equipment at its Laima production facility. The investment will go towards oven facilities to bake wafer...

Flora Owner in Talks to Buy Vegan Cheese Company Violife Foods

The owner of Flora, Country Crock and I Can’t Believe Its Not Butter, Upfield, is in talks to acquire vegan cheese company Violife Foods,...

Symrise Invests EUR 3 Mln Expanding Innovation Centre in Indonesia

Symrise has invested EUR 3 million expanding its Jakarta innovation centre significantly expanding the laboratory capacity for taste as well as fragrance and care. The...

Carlsberg a Step Closer to Creating ‘Paper’ Beer Bottle

Carlsberg Group has today updated on its journey to create the world's first 'paper' beer bottle made from sustainably-sourced wood fibres that is both...

Valeo Foods Buys 2 Sisters Christmas Puddings Business for GBP 67 Mln

2 Sisters Food Group can confirm it has entered into a binding contract for the sale of its Matthew Walker Christmas puddings business to...

Israel: Future Meat to Build World’s First Cultured Meat Production Facility

After closing a Series A funding round worth USD 14 million, Israeli company Future Meat Technologies said it now plans to build the world's...

Coca-Cola to “Rethink” Drinks Recipes in Singapore as Country Plans Sugar Tax

The Coca-Cola Company reportedly welcomed plans by Singapore to introduce taxes on sugary drinks makers, saying that it will be “rethinking” the recipes of...

Snacks: PE Firm VMG Partners Acquires Popchips

VMG Partners has acquired the better-for-you snack brand popchips for an undisclosed amount. The deal marks the launch of the company’s branded snacking platform,...

UK: Dairy Ingredients Supplier Meadow Foods Acquires Nimbus Foods

Meadow Foods, the UK’s leading supplier of dairy based ingredients to the food industry, announces the acquisition of Nimbus Foods Limited. The announcement is...

FrieslandCampina’s Deal with Royal A-ware Allows for Mozzarella Expansion

Royal FrieslandCampina N.V. has entered into an agreement with Royal A-ware for the production and supply of mozzarella cheese. FrieslandCampina expects to be ready...

Pernod Ricard Completes Acquisition of Castle Brands

Pernod Ricard and Castle Brands Inc. announced today the successful completion of the acquisition of Castle Brands by a subsidiary of Pernod Ricard S.A.,...