The latest food and beverage industry news and trend analysis

Ferrero has invested $75 million to begin manufacturing Nutella Peanut in Illinois, marking the first time the company has produced one of its flagship spread products within the United States.

GNT Group has established its first dedicated office and application laboratory in Shanghai to provide localised support for China’s rapidly growing plant-based and clean-label food and beverage sectors.

Nestlé is aggressively scaling its Nescafé Espresso Concentrate into 10 additional European markets to capture the high-growth "cold coffee" segment. Targeting Gen Z consumers who view iced coffee as a year-round staple, the liquid concentrate format offers a low-friction, customizable solution for at-home consumption, following successful pilot launches in the UK, Ireland, North America, and Asia.

Cargill has commenced operations at its new canola processing facility in Regina, Saskatchewan, adding 1 million metric tonnes of annual capacity to the Western Canadian supply chain. The site is strategically positioned to convert raw canola into high-value oil for food and renewable fuels, alongside high-protein meal for animal feed, significantly reducing reliance on raw seed exports.

Krispy Kreme, Inc. enters the Netherlands market through an agreement with Jafa Holding BV, planning 30 locations over the next five years as part of its global capital-light expansion strategy.

Pluck’d launches its U.S.-grown tomato line at Walmart and Weis Markets, utilising Virginia-based greenhouse technology to offer retailers a reliable, year-round domestic alternative to global sourcing.

Nelson-Jameson has announced a significant investment in cold storage and logistics for cultures at its Fairview, Pennsylvania, facility, a move designed to reduce transit times for Northeast dairy producers while advancing the company’s 2026 sustainability targets.

The UK Competition and Markets Authority has provisionally cleared the ABF-Hovis merger in Great Britain while identifying localised competition concerns in Northern Ireland that may require a divestment.