The latest food and beverage industry news and trend analysis

Starbucks Japan has announced the national launch of its Banana Affogato Frappuccino. Debuting on 27 May 2026, at 700 yen for a tall size formulation with an environmental, social, and governance sourcing strategy.

UK market leader Innocent has launched Innocent Creamy Smoothies, utilising a coconut milk base to target the growing consumer demand for functional indulgence and treat culture.

Carlsberg Malaysia has expanded its portfolio by launching ChongQing beer, a 3.8% ABV Chinese lager brewed locally to capitalise on the surging regional demand for authentic Asian food and beverage brands.

Premium Korean tea brand OSULLOC has launched its Matcha Plus range in the US, merging convenient single-serve stick formats with functional ingredients like collagen and probiotics.

Adult novelty brand Buzzbar has partnered with New York restaurant Serendipity Three to launch a range of premium spirit-infused desserts, targeting high-margin experiential dining.

Taco Bell has expanded its beverage footprint with a permanent cold brew and cold foam range, supporting Yum Brands' strategic goal to scale Taco Bell beverage sales to five billion dollars by 2030.

Craft brewery Beavertown has expanded its Cosmic Drop portfolio with a new fruit-infused tropical lager, targeting growing UK consumer demand for lighter, flavour-forward beer styles.

Danone Canada has launched Silk 18g Protein, a complete plant-based beverage designed to capture the high-growth active wellness market and address protein-intake trends.