The Latest
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Jeni’s exec says ‘intentional indulgence’ is sweetening ice cream sales
Despite the gourmet ice cream brand’s high price tag, household penetration has accelerated as more consumers look to treat themselves with premium products.
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Future proofing CPG portfolios with natural ingredients
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Threat group claims credit for ransomware attack on Coca-Cola’s dairy unit
The attackers previously exploited vulnerabilities or used stolen credentials for initial access.
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Vita Coco buys premium coconut water maker Copra in deal worth up to $275M
The transaction expands the fast-growing company into super-premium offerings.
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Mars Snacking to close US headquarters in New Jersey
The Pringles maker plans to shutter the Newark location by the end of 2027 as it shifts more of its operations to Chicago.
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IFF sells natural ingredients business
Nutraceutical firm SuanNutra is acquiring the fragrance and flavor giant’s range of natural colors and functional ingredients.
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JM Smucker snags Hershey exec as SVP of operations, supply chain
Douglas Guilherme will step into the role on July 29 with over 30 years of experience, including stints at the chocolate maker and Procter & Gamble.
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Snacks maker Utz Brands sold for $2.9B in go-private deal
Germany-based Intersnack will purchase the chip maker for $14.25 a share, with the transaction expected to close in the fourth quarter.
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Gen Z isn’t drinking less after all
Younger drinkers imbibe at roughly the same rate as the rest of the population, upending a narrative that Gen Z is a “generation of moderation,” per an IWSR report.
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How Dum Dums owner Spangler created a candy empire built on nostalgia
The sweets maker has carved out an enviable niche in the $55 billion candy space with a unique collection of brands with storied histories, such as Sweethearts and Bit-O-Honey.
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Kraft Heinz, Disney enter long-term strategic marketing partnership
The partnership spans marketing campaigns, digital content and other branded opportunities across Disney’s media outlets, cruise line, parks and events.
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General Mills subpoenaed in Florida ingredients investigation
The state’s attorney general is requesting safety information and documentation from the Pillsbury owner connected to breadmaking additive potassium bromate.
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Coca-Cola suspends Fairlife production after ransomware attack
The beverage company is still working to determine the full scope of the breach at its dairy business.
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Conagra’s new CEO ready to take ‘bold actions’ to turn around food giant
John Brase, who recently joined from J.M. Smucker, told Food Dive he is “not happy” with the Slim Jim maker's performance and that divestitures of brands could be on the table.
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Column
Leftovers: Welch’s takes on Uncrustables | Campbell’s launches high-protein soups
The juice and jelly brand is launching a refrigerated PB&J, while Cann removes THC for a new mood-boosting drink.
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PepsiCo improves sustainable sourcing, delays emissions reporting
The company adjusted its environmental targets last year “to what we have confidence we can achieve.”
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ADM to scale egg proteins with precision fermentation
The ingredients giant is collaborating with startup Every’s OvoPro to give food companies innovative new protein options.
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The beverages that scored in the World Cup
Premixed cocktails and nonalcoholic beverages are seeing double-digit percentage sales increases, while domestic beer is facing only a moderate boost.
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Marzetti taps former Unilever exec as supply chain head
Mark Carter will oversee the specialty food maker's continued efforts to simplify its network and improve productivity.
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Defining ultraprocessed foods proves ‘challenging,’ FDA food head says
Donald Prater, acting deputy commissioner of food, said the Trump administration is still making the definition a “priority.”
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Danone expands high-protein Silk line into yogurts, shakes
The launch comes after early success for the brand’s milk line, underscoring interest among younger consumers in plant-based options loaded with the popular nutrient.
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General Mills plans supply chain revamp
The upgrade, part of a $3 billion cost cutting effort, is critical because the company’s current network was built for a lower-volume era, executives said.
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Coca-Cola files application to trademark ‘Spricy’
The request could signal that the beverage giant is planning a new spicy offering after discontinuing Coca-Cola Spiced in 2024.
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CEO of Jack Daniel’s maker Brown-Forman to retire
Lawson Whiting, who led the company for seven years, will remain at the spirits giant until his successor is named.
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PepsiCo CFO says tariff refund will help offset inflation
“We do expect some more pressure on the business from a commodity standpoint,” CFO Steve Schmitt said on an earnings call.
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Premier Protein maker taps salty snack leader as CEO
Bellring Brands named Michael Axelrod to lead the company as it looks to maintain its top spot amid increased protein shake competition.