The latest food and beverage industry news and trend analysis

Unilever and McCormick confirm ongoing discussions regarding the potential sale of Unilever's €12.9 billion foods division, a move that could reshape the global condiments market.

Tesco is accelerating its multi-year modernization of the frozen food category, launching 147 new and revamped products aimed at meeting increased consumer demand for premium value and seasonal convenience.

Valeo Foods Group has reached an agreement to acquire Prestige-96 AD, a leading Bulgarian manufacturer of sweet baked goods, marking its eighth acquisition since 2022.

Kraft Heinz has entered a five-year global strategic partnership with the NFL, positioning its iconic brand portfolio as the league's official condiment partner to drive retail and "Away From Home" growth.

Rich Products' I Love Ice Cream Cakes division has partnered with Baileys to launch a non-alcoholic Baileys Cream Ice Cream Cake, expanding its portfolio into the premium adult indulgence category.

Little Moons expands its HFSS-compliant Refreshos range with a Lemon & Elderflower variant, capitalising on viral consumer trends and securing an exclusive retail partnership with Tesco.

Mars, Incorporated completes a $180 million investment across four Ontario facilities to boost production capacity, sustainability, and manufacturing innovation.

Ferrero Group announces the acquisition of Brazilian premium protein snack company Bold Snacks to expand its better-for-you portfolio and regional footprint in South America.