hot drinks
25 Jul 2024
--- Nestlé has adjusted its organic sales growth outlook for the year from 4% to 3% after pricing came down faster than expected, the company has revealed in its first half-year results for 2024.While the Swiss...
Read More
15 Jul 2024
--- Nestlé plant scientists and agronomists have developed a high-yield Arabica coffee variety, Star 4, with characteristic notes of Brazilian coffee. The innovation comes in light of climate change modeling predictions...
Read More
08 Jul 2024
--- Arla Foods is investing DKK200 million (US$29 million) in its Esbjerg Dairy Center in Denmark, where it manufactures Starbucks and chocolate milk business Cocio’s ready-to-drink (RTD) products. The move targets the...
Read More
03 Jul 2024
--- According to new figures from the British Retail Consortium (BRC), food inflation rates decelerated to 2.5% in June, down from 3.2% in May. This is below the three-month average rate of 3.0% and is the fourteenth consecutive...
Read More
02 Jul 2024
--- Philippine fast food company Jollibee Foods Corporation (JFC) is set to acquire a 70% stake in South Korea’s Compose Coffee to expand its coffee and tea business. Jollibee’s majority-owned Titan Fund will take...
Read More
28 Jun 2024
--- With a history of over 160 years in the food and beverage market, Tate & Lyle has long been a staple in the industry. Even so, last week’s announcement about the company’s plans to buy CP Kelco, a seller of...
Read More
24 Jun 2024
--- Foodvalley launched the Upcycled4Food initiative during the international “Towards Halving Food Waste in Europe” conference (June 18-19). Together with a group of key players from across the value chain in the...
Read More
21 Jun 2024
--- Canada, one of the world’s leading food suppliers, has announced up to C$5.5 million (US$4 million) over three years to Group Export Agri-Food Québec-Canada, the country’s largest association of agri-food...
Read More
20 Jun 2024
--- Olam Food Ingredients (ofi) has announced new environmental and social targets for its global operations in the cocoa, coffee, dairy, nuts and spices sectors across 50 countries. The food and beverage ingredient supplier...
Read More
31 May 2024
--- In May, Kerry spoke to us about its solutions to alleviate price and supply challenges as the cocoa crisis rages on. The olive oil supply chain also felt the pinch as prices soared. And, vanilla exporters in Uganda called...
Read More
31 May 2024
--- Nektium has obtained a BioTrade permit for the sustainable and ethical sourcing of honeybush (Cyclopia spp.) from South Africa’s Ministry of Forestry, Fisheries and the Environment, following the Nagoya Protocol. This...
Read More
31 May 2024
--- This week in industry news, Nestlé launched a limited-edition plant-based fork in India and Döhler strengthened ties with the South African flavor market. FAO’s director-general spotlighted nuclear...
Read More
30 May 2024
--- The Association of Vanilla Exporters of Uganda (Vanex) is imploring food and beverage brands to source vanilla from multiple countries of origin to avoid potential supply chain disruptions. The association, which promotes...
Read More
29 May 2024
--- Health-conscious consumers prefer minimally processed foods with recognizable ingredients and in the realm of health and natural food preservation, there is a notable shift toward clean label solutions. Under the umbrella of...
Read More
28 May 2024
--- According to figures from the US Food and Drug Administration, food fraud affects at least 1% of the global food industry and can cost as much as US$40 billion a year. Fraudsters easily and often target traditional packaging...
Read More
13 May 2024
--- Nestlé’s largest coffee brand, Nescafé, has published its second Nescafé Plan 2030 Progress Report, which details the increased adoption of regenerative agriculture practices, contributing to...
Read More
07 May 2024
--- Nestlé’s Nescafé is tapping into the cold coffee trend with the launch of its premium Espresso Concentrate Coffee. Tailored to capture the out-of-home cold coffee experience, the liquid coffee concentrate...
Read More
07 May 2024
--- Following the recent close of the penultimate negotiation round for a UN global plastics treaty (INC-4) in Canada, Unilever CEO Hein Schumacher says national rules will not suffice to unite the world’s current...
Read More
03 May 2024
--- The benchmark for world food commodity prices edged higher in April, as rising meat prices and slight increase for vegetable oils and cereals more than offset decreases for sugar and dairy products. General Mills expanded...
Read More
30 Apr 2024
--- Nestlé’s income accelerator program is helping cocoa farmers improve cocoa productivity by around 30%, as well as increase their net income, according to a new report published by KIT Institute.
