From trend spotting to product innovation, AI is fast becoming a core tool for food companies as they devise their marketing strategy.

Quorn owner Monde Nissin has reported another decline in meat-free sales but EBITDA turned positive in the second quarter.

Beyond Meat has brought in an external adviser in an effort to turnaround the loss-making business as it reported another decline in sales.

Australian alt-meat firm V2Food has bought US-based Daring Foods and entered into a partnership with Japanese food giant Ajinomoto.

Hoffmann Family of Companies has acquired Elmer Chocolate, a US-based seasonal chocolatier known for its small, heart-shaped chocolate boxes.

Nomad Foods has revised its revenue and adjusted EBITDA forecasts for 2025, citing weaker-than-expected first-half results.

B&G Foods looks likely to offload the remaining Green Giant business as it cut sales and EBITDA guidance to reflect two other disposals.

Foster Clark Products has acquired Preziosi Food from a group of investors including private-equity firm Vertis SGR.

AI is destined to improve food manufacturers’ productivity and efficiency but as with any new technology there is an element of apprehension.

US food and beverage group Rich Products has invested in UK cookie dough producer Doughlicious as part of a $5m funding round.

Dawn Meats is reportedly seeking to acquire a majority stake in the Alliance Group, the meat cooperative in New Zealand.