Distilled 2025 uses AI-driven analysis to offer foresight into trends shaping consumer behaviour in 2025, including the rise of consumers alternating between alcoholic and non-alcoholic drinks Diageo, maker of Johnnie Walker, Don Julio Tequila and Guinness, has unveiled its annual global trends report which reveals how and why consumers will socialise over the[Read More…]
Company News
Flowers Foods to acquire Simple Mills
Flowers has a strong track record of fostering growth in its acquired companies while stewarding and protecting their brand promise Flowers Foods announced that it has entered into a definitive agreement to acquire Simple Mills for $795 million in cash. The addition of Simple Mills expands Flowers’ exposure to better-for-you and attractive[Read More…]
NESCAFÉ introduces Espresso Concentrate
NESCAFÉ Espresso Concentrate easily dissolves in water or milk, delivering a simple way for coffee lovers to make a premium café-style NESCAFÉ, the world’s largest coffee producer, is expanding its U.S. portfolio with its first-ever liquid concentrate line and newest innovation: NESCAFÉ Espresso Concentrate. Answering the growing demand for customisable and convenient at-home coffee, NESCAFÉ Espresso Concentrate easily[Read More…]
Weight management benefits of chicory root fibres confirmed via systematic review
These findings are of key importance, as they demonstrate that chicory root fibre inulin and oligofructose are effective A new systematic literature review with meta-analyses, conducted by Reimer et al[i], demonstrates that chicory root fibre intake promotes a significant reduction in body weight, body mass index (BMI), fat mass, waist[Read More…]
Treasury Wine Estates announces acquisition of winery and vineyard in China
It is a significant milestone in TWE’s efforts to enhance its presence in China and drive further connection and engagement with local consumers Treasury Wine Estates (TWE) announced it has agreed to acquire a 75 per cent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon)[Read More…]
Wholesale Sugar Flowers acquires cake packaging brand OLBAA
This strategic acquisition will expand Wholesale Sugar Flowers’ product offerings, providing customers with a comprehensive suite of premium cake-decorating essentials Wholesale Sugar Flowers, a leading provider of high-quality sugar flowers, toppings, and decorating supplies, announced the acquisition of OLBAA, a renowned brand specialising in exquisite cake packaging solutions. This strategic acquisition[Read More…]
Twisted Alchemy expands with four fresh products
Elevating craft cocktails and culinary creations with cold-pressed juice innovation Chicago-based Twisted Alchemy, a cold-pressed juice company founded by serial food & beverage entrepreneurs Kim and Scott Holstein announced the launch of four of its innovative products in Whole Foods Market nationally in select stores across the Midwest and Southwest. Known[Read More…]
Kerry Group completes sale of first phase of Kerry Dairy Ireland
The sale is structured in two phases, with the initial phase now complete, granting the co-op a 70 per cent stake in Kerry Dairy Ireland Kerry Group has finalised the first phase of its €500 million divestment of Kerry Dairy Ireland to Kerry Co-Operative Creameries according to the media statement.[Read More…]
Gavan secures $8Mn to commercialise cutting-edge plant-based fat
Start-up is establishing a new European facility for commercial production of its plant-based Fatrix fat FoodTech start-up Gavan Technologies, Ltd. announces it has raised $8Mn in A-round funds. This fresh capital infusion will enable Gavan to break into the European food market with its cutting-edge plant protein-based fat solution, Fatrix.[Read More…]
Sirio furthers global expansion with Thai multipurpose manufacturing investment
Sirio’s board has approved a potential total investment of up to $40 million for the project SIRIO Pharma (SIRIO) the global nutraceutical contract development and manufacturing organisation (CDMO) announces plans to commence work on a new production site in Chonburi, Thailand. After record revenues during 2023, Sirio announced in May 2024 a[Read More…]