The latest food and beverage industry news and trend analysis

Hormel Foods has expanded its refrigerated snacking portfolio with the launch of HORMEL Pepperoni Snack Bites, a ready-to-eat meat snack, in response to consumer demand for convenient, high-protein grazing options.

Nestlé is investing CHF 563 million to construct a new Nescafé production plant and distribution centre in Thailand, aiming to capture regional growth and boost export capacity.

Australian non-alcoholic beverage brand Naked Life has expanded its United States portfolio with the launch of its low-calorie, zero-sugar Italian Spritz, targeting the growing mindful drinking sector.

LBB Specialties has partnered with biotechnology firm Ruby Bio to commercialise its fermentation-derived, palm-free emulsifier platform across North America, targeting sustainable ingredient demand.

Savor and AAK have signed a two-year strategic collaboration agreement to jointly develop and commercialise carbon-derived fats for the dairy alternative and bakery sectors.

Norwegian salmon producer SalMar has signed an agreement to acquire a 70% stake in Måsøval for approximately NOK 3.4 billion, expanding its aquaculture operations in Central Norway.