The latest food and beverage industry news and trend analysis

Diageo has unveiled a $1 billion cost-cutting strategy over three years to streamline global operations and reinvest in core brands, ready-to-drink offerings, and Guinness.

BeatBox Beverages has expanded its flavoured alcohol portfolio with the nationwide launch of a limited-edition Xtreme Sour Black Cherry variant.

Heineken has reported a 6.7% rise in organic operating profit for the first half of 2026, supported by 3,000 workforce reductions under its EverGreen 2030 strategy.

Maison Pommery & Associés and Henkell International have concluded exclusive discussions regarding a proposed strategic partnership without reaching an agreement.

Minute Maid Spiked has expanded its alcohol-ready-to-drink portfolio with Vodka Lemonade Iced Tea, a 5% ABV canned cocktail rolling out across US retail.

Freixenet has entered the ready-to-drink canned cocktail category with Freixenet Solare Spritz, a 5% ABV Mediterranean citrus and botanical offering.

Unifying Spirits has closed a $2.23 million crowdfunding campaign for Boba POPS, bringing total equity funding to $8 million to scale US manufacturing and retail reach.

The US Senate has introduced a continuing resolution that could delay the federal ban on hemp-derived THC food and beverage products from 12 November to 11 December.