Suntory Group to revitalize beer portfolio to tame dwindling consumer demand
JAPAN – The Suntory Group, a global leader in both the alcoholic and non-alcoholic beverages…
WORLD NEWS
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UK’s Wine and Spirit Association releases new guidance for alcoholic drink substitutes
UK – The British Wine and Spirit Trade Association has produced new guidance around the…
SweeGen introduces new non-calorific sweetener targeting better-for-you beverages
US– Maker of sweet taste solutions for food and beverage manufacturers around the world, Sweegen…
Carrefour ends merger talks with Canadian retail chain Couche-Tard, to consider forming trade alliance
CANADA – French retail chain Carrefour SA and its Canadian counterpart Alimentation Couche-Tard Inc. have…
Lavanya Chandrashekar to succeed Kathryn Mikells as Diageo CFO
UK – British multinational alcoholic beverages company Diageo has announced that Lavanya Chandrashekar will succeed…
Olam backed Twenty Degrees to bring specialty cacao to craft chocolate makers
UK – Twenty Degrees, a new specialty cacao business sourcing premium quality cacao beans from…
Monster Beverage names long-term CFO Hilton Hilton Schlosberg as co-CEO
US – American energy beverages company Monster Beverage has announced the appointment of long-term CFO…
US ingredients company T. Hasegawa buys Mission Flavors & Fragrances to expand overall flavor portfolio
USA – T. Hasegawa USA, a leading global ingredients company, has acquired Mission Flavors &…
American retail giant Walmart to use smart coolers to keep grocery deliveries fresh for longer
US – Walmart, a leading American retail chain has announced that it will be testing…
American food company Mars to invest US$422m in new sustainability project in UK
UK – American multinational food company Mars has launched a new US$422 million project in…
Sugar-free ice cream brand Nick’s raises US$30M to fund global expansion drive
SWEDEN – Swedish ice cream brand Nick’s has raised US$30 million in funding to expand…
EU food safety authority approves yellow mealworms as safe for consumption
EUROPE – European citizens might soon have yellow mealworms at their plates following an approval…
Truly and AB InBev’s Michelob Ultra brand launch new hard seltzers into the US market
US – Truly Hard Seltzer and AB InBev’s Michelob Ultra brand have expanded their portfolio…
Henry Simon’s HSPU machine wins 2020 Good Design Award for ‘perfection in design’
UK – Henry Simon, a leading global provider of intelligent milling products and services, has…
Global digital agriculture market to reach US$6.2 billion in 2021
GLOBAL – The Global Digital Agriculture market is expected to grow at a compound annual…
Tyson Foods invests US$26m in bacon facility expansion even as it settles chicken price-fixing lawsuit
US – American multinational food corporation Tyson Foods has announced that it is investing $26…
InVivo, Soufflet plan merger to create new French-based agribusiness giant
FRANCE — InVivo Group, a French agricultural cooperative group has said it is in discussions…
Alternative protein company Green Leaf Foods invests US$100m in construction of new US production facility
US – Greenleaf Foods, a North American leader in plant-based protein products, has announced plans…
Chobani expands beyond dairy aisle, launches new ready-to-drink coffees
US – Chobani, a leading American company that is known for its Greek yogurts, taken…
Coca-Cola sells Zico coconut water to PE firm founded by brand’s creator
US – American multinational beverage company Coca-Cola has sold its Zico coconut water brand to…
Multinational food and beverage company PepsiCo commits to net zero greenhouse emissions by 2040
US – American multinational beverage company PepsiCo has taken its sustainability agenda a notch higher,…
Kraft Mac & Cheese develops first recyclable fibre-based microwavable cup
US – American food company Kraft Heinz has announced that one of its leading food…
Food ingredients supplier AAK appoints Tomas Bergendahl as new Chief Financial Officer
SWEDEN – AAK, a global food ingredients company, has appointed Tomas Bergendahl as its new…
Thailand’s SCG completes acquisition of UK based food service packaging solutions provider Go-Pak
THAILAND – Thailand-based SCG Packaging has completed the acquisition of Go-Pak, a leading food service…