The latest food and beverage industry news and trend analysis

PepsiCo brand MUG Root Beer has launched MUG Root Beer Floats Vanilla Howler, marking its first-ever limited-edition flavour and targeting the dirty soda trend.

Pepsi Global has launched Pepsi House of Treats, a crafted beverages platform designed to deliver premium, customisable drinks across Away From Home hospitality and entertainment channels.

Israeli agricultural enterprise Kad Bnei Darom has partnered with Practical Innovation to launch Cuca, a range of patent-protected scoopable fresh-frozen herbs and artisanal spreads.

Global ingredients provider IFF has agreed to sell its Food Ingredients division to private equity firm CVC Capital Partners in a deal valuing the business at approximately $4.3 billion.

Nutrabolt has launched its 2026 summer flavour portfolio for C4 Performance Energy, combining a nationwide limited-time offering with strategic retail-exclusive partnerships at Circle K and Casey's.

Kraft Heinz has introduced KD Mac and Cheesecake in Canada, marking the brand's first venture into the dessert category by leveraging nostalgic flavours and unexpected food mashups.

Biotechnology pioneer Phytolon has closed a USD twenty-three point six million Series B funding round to commercialise its fermentation-derived natural food colours in the United States.

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.