Hershey rejects Mondelēz’s acquisition bid
The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the offer as too low.
News & Analysis on Food & Beverage Development & Technology
The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the offer as too low.
Opinion
Mondelēz International’s rumoured bid for The Hershey Company would create a big business, but would it be big enough to counter the potential threat of a dominating Mars Kellanova?
The Oreo and Ritz brand owner is reportedly eyeing a gamechanging acquisition of The Hershey Company
Hope for a cocoa price slump is dwindling as commodity analysts predict a price-boosting run on the brown stuff.
Global confectionery giant Mondelēz International has announced its new executive vice president and president for Europe.
Cargill is targeting a “growing middle” class consumer base with a slew of NPD and investment, as well as moving into new markets.
Sugar reduction is possible in confectionery, UK charity Action on Sugar confirms, with efforts to lower sugar prompting transparent ingredient labelling in 2025.
Video
Plant-based colour creator, Exberry, reveal why innovation is at the centre of its long-term growth strategy.
New Product Development spotlight on emerging startups
This week, two brands are revamping their identity. Plus, we have two functional drinks launches, and an old coffee brand venturing into the flavoured category.
Safe daily intake limits for saccharin have been almost doubled by the European Food Safety Authority following a new review on the sweetener.
EUDR’s 12-month delay has been met with condemnation from organisations across the world following yesterday's controversial vote.
Nestlé has revealed the top food and drink trends that will drive its research, development and innovation in 2025, with speed, personalisation and fusion taking centre stage.
Undeclared allergens in food and beverage products can be deadly. So why are allergen-related recalls still happening? What is industry doing to prevent them? And what NPD opportunities are being missed?
Discover the latest innovations from the world of food and beverage.
Marketing can be complex, time consuming and costly. We run down the top tips and tricks to successfully market a food and drink brand on a tight budget.
Tate & Lyle has returned to volume growth in the first six months of its financial year, but revenues are down and predicted to be lower still at year end.
There's a lot more to the UPF debate than just 'good' foods and 'bad' foods. We dive into the great UPF debate to discover more.
This week, we have a range of French, Lebanese and British treats. Plus, a beer collaborates with an art gallery, and a chewing gum brand expands to France.
Start-up pitch
Alt dairy is proving to be one of the great plant-based success stories. But associations to UPF and questions over sustainability are holding it back. Fabas Foods believes it has the solution.
Food and drink manufacturing CEOs are notoriously competitive, keeping their strategies and tactics close to their chests. But who is in charge of the top food and drink businesses and what have they been doing?
Consumer confidence is crashing as financial pressures fail to ease, but what does that mean for food and beverage?
Plant-based diets remain popular, but associations with UPF and low-quality ingredients has shaken consumer trust in alt meat, fish and dairy brands. So, what can the sector do to restore public opinion?
Confectionery and snacking giant Mondelēz International has driven revenues and profits above expectations, through higher volume sales as both Unilever and Danone also showed this month.
Mega deals within snacking are picking up pace after a quiet start to the year, with Mars’ Kellanova acquisition the tip of the iceberg as strong financial performances provide corporates with healthy cashflows.
The ageing population is growing fast, leading to a flurry of NPD, as F&B brands innovate to cater to this growing consumer group.
Creating and building brand awareness, with potential customers, is essential to success. Here’s how to recognise and connect with your target market.
The US has bolstered agri-food imports, making it the largest value increase of all nations buying in EU produce. China, however, reduced value imports more than any other nation.
Some nutritious foods under the current NOVA system could be demonised alongside unhealthy variants. Industry's calling for reform, but what would the next generation look like?
Edible cutlery, reimagined sushi, and vitamin-enriched cheese are just a handful of exciting food and drink innovations entering the market.
Rationing could be a reality as populations grow and climate change bites. But would consumers support it and what would it mean for food manufacturers?
Powerhouses Unilever and Danone have outpaced third-quarter financial forecasts, a result of increased volume sales, and in contrast to competitor Nestlé’s downgrade earlier this month.
The proposed EUDR delay could be a relief for many if approved, but its mooting has also been controversial. Who are the winners and losers of the delay?
Diet is a leading cause of type 2 diabetes. Is intermittent fasting the solution? And what can the food and beverage industry do to engage with it?
Brands are reformulating to create functional foods and beverages, catering to everything from gut health to improved sleep. So, how is the sector evolving to meet consumer demand?
New gut health research could be beneficial to personalised nutrition brands fighting for consumer interest.
Healthier food-tech business MicroLub, which uses tech to replace fats and oils with water – while claiming sensory retention – has closed a €4.2 seed investment round to commercialise.
Private label FMCG is growing again and taking territory from big brands. But this wasn’t always the case. So, how is the category winning the battle for consumer attention?
Caffeine’s effect on vascular health has been a hot topic for years, with researchers putting forward positive and negative arguments. Now, a new study is adding to the conversation. But what's the truth?
The European Council has greenlit the Commission’s proposals to delay EUDR by 12 months, despite protests from hundreds of environmental and other groups calling for its immediate implementation.
Nestlé is making senior leadership and operational changes as the global food behemoth trims its full-year sales forecast again due to a weak market.
Broad unpreparedness led the world to rebel against EUDR’s enforcement. Now the clock could be reset for another 12 months, what can the global supply chain do to reach compliance?
Consumer demand for ‘gut-friendly’ foods and beverages is growing fast, and industry is innovating just as quickly to meet it. So, what’s next for this seemingly unstoppable trend?
The Veganuary movement is rocketing, gaining power and influence. It has become a staple across Europe, so how will brands drive Veganuary 2025 sales to new heights?
Discover the latest innovations from the world of food and beverages.
On the day the Commission announced it was advising a delay to EUDR, new FAQs were released to provide further clarity on the regulation.
Brands are reformulating to improve nutritional value and reduce or remove ‘unhealthy’ ingredient levels. But this is not always a vote winner with customers. Why?
Future Food-Tech 2024
Alternative raw materials aim to provide sustainable versions of commodities, including cocoa, coffee and palm oil, that are both integral to food and linked to deforestation. Will consumers accept them?
New research has linked ultra-processed foods to type 2 diabetes. How will this latest blow impact the food and beverage industry and is reformulation the only solution?
Monk fruit decoctions are no longer classified as a novel food across the European Union, now the final country has scrubbed the ingredient from its list.