The latest outputs from Welsh government and EU-funded Project HELIX, an initiative developed to boost innovation and efficiency in the Welsh food and drink industry, show it has delivered over £235 million of impact, since it launched in 2016.

Global food manufacturer Nestlé has increased the pricing of its products by 6.5% as its sales increase year-on-year, according to the company’s latest trading figures.

Sainsbury’s has pledged to support start-up companies with ‘proof of concept’ technologies that reduces carbon emissions and water usage across the retailer’s operations, as well as the wider sector.

Reporting its second quarter results, Kraft Heinz said that it is “anticipating and adapting to changing market conditions” and would manage inflation through “pricing realisation and gross efficiencies.”

According to the latest figures from the Institute of Grocery Distribution (IGD), this year the UK food-to-go market will be worth £18.9 billion, 3% more than its pre-Covid value in 2019.

Premier Foods, one of the UK’s largest food manufacturers, has agreed to acquire The Spice Tailor, an Indian and South East Asian meal kits and accompaniments brand.