The Latest
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Courtesy of Hain Celestial
Hain Celestial names seasoned CPG exec as new CEO
Wendy Davidson, who has experience at Glanbia, Kellogg and Tyson, will replace outgoing head Mark Schiller on Jan. 1. He will remain on the organic and natural food maker’s board.
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Adobestock - Sławomir Fajer/Nelea Reazanteva/DAVID
Sponsored by ADMPioneering taste and texture
Pioneering perfect taste, texture and color as demand grows for plant-based meat alternatives.
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Permission granted by Unique Snacks
Once a ‘sleepy category,’ the pretzel grabs its fill of the $106B snacking space
Long mocked as an unloved staple of bars and airplanes, brands such as Hershey’s Dot’s have turned to bold flavors to attract snack-obsessed consumers.
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Retrieved from Cove on November 28, 2022
Cove debuts biodegradable water bottles
The Los Angeles-based startup will launch the containers, which it says are the first of their kind, on Thursday in Southern California.
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Courtesy of Tyson Foods
Meat companies conspired to set wages low, lawsuit claims
The proposed class action case says red meat firms had secret meetings to keep employee pay and benefits the same, while pork processors used a service to get compensation information.
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Scott Olson via Getty Images
Most food companies have weak or no water management programs, report says
After reviewing 114 businesses, Morningstar urged stakeholders involved with these firms to push for a more comprehensive approach to water use amid ongoing shortages.
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Permission granted by Post Holdings
Post is on lookout for M&A deals, CEO says
Rob Vitale said the manufacturer of Peter Pan peanut butter and Pebbles cereal has a cash-rich balance sheet that could be beneficial as it considers whether to add to its portfolio.
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Sean Gallup via Getty Images
For food industry to reach climate goals, COP27 highlights areas of improvement
As companies work to improve sustainability goals, activist groups and world leaders call for more reductions in emissions and waste.
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Courtesy of Truss Beverage Co.
Molson Coors to exit CBD business venture in US, end La Colombe partnership
The beverage giant said uncertainty over federal legalization for cannabis and a desire by the coffee maker to combine product segments were behind the decisions.
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Courtesy of Nestlé
Nestlé’s Nespresso to debut paper-based compostable capsules
The new pods will be piloted in France and Switzerland in spring 2023, and will complement the brand’s existing aluminum option.
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Courtesy of Sabra
Hummus leader Sabra regaining swagger after ‘difficult’ move to halt production
Several months after temporarily shutting down its Virginia plant for repairs, CEO Joey Bergstein said the brand, co-owned by PepsiCo, is experiencing a sharp rebound in sales and recouping lost market share.
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Matthew Stockman via Getty Images
Cargill names insider as new CEO
COO Brian Sikes will become the tenth leader of the global protein and ingredients giant on Jan. 1. Current chief executive David MacLennen will transition to executive chairman.
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Courtesy of Nestlé
ColumnLeftovers: Sipping lasagna with Stouffer’s Bloody Mary Mix; Spam brings figgy pudding across the pond
The Nestlé brand brings savory flavors to a cocktail glass, and Stuffed Puffs coats its new marshmallow snack with crushed Cinnamon Toast Crunch.
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Courtesy of Wilk
Wilk makes yogurt using milk from cultivated cells
The Israeli company is the first to create a finished dairy product that has been produced by cells grown outside of an animal.
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Courtesy of Beyond Meat
Deep DiveHow can plant-based meat get back to growth?
As business indicators have worsened, Beyond Meat and other companies in the space have tried new strategies — but analysts say they may have forgotten consumers along the way.
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Courtesy of PepsiCo
PepsiCo brings Doritos into dip category
The new snacks, which come in Spicy Nacho and Cool Ranch Jalapeno varieties, are meant to be used with foods other than chips, including pizza, wings and veggies.
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Mark Wilson via Getty Images
HowGood launches platform for food companies to track scope 3 emissions
The tool records indirect greenhouse gas emissions — which make up roughly 87% of a manufacturer’s total carbon footprint — for over 33,000 ingredients.
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Courtesy of Upside Foods
Race for regulation of cell-based meatUpside Foods gets FDA greenlight for cultivated chicken
The California company received the first U.S. regulatory approval of any kind for meat grown from cells. It awaits a decision from the USDA before it can serve its products to consumers.
Updated Nov. 16, 2022 -
Sarah Silbiger via Getty Images
FDA publishes final food traceability rule
New recordkeeping requirements as items such as produce, cheeses and eggs move through production and supply chain will go into effect in 2026.
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Courtesy of Upside Foods
Tracking the cell-based meat space
SuperMeat shows off a cultivated turkey prototype in time for Thanksgiving, and Steakholder Foods holds its first U.S. tasting.
Updated Nov. 18, 2022 -
Christopher Doering/Food Dive
Inside Campbell Soup’s overhaul to innovation and how it’s paying off
From technology to how workers collaborate, the 153-year-old food giant is scrapping old practices in favor of new ones to quicken product development and boost its chances of success.
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Permission granted by Kodiak Cakes
Kodiak picks Campbell Soup executive for CEO post
Valerie Oswalt, who succeeds co-founder Joel Clark in the top post, will oversee a fast-growing company looking to bring its high-protein, whole-grain foods into new categories.
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Permission granted by Tyson Foods
Tyson will eliminate ‘difficult’ jobs as automation increases
CEO Donnie King did not specify how many positions would be impacted, but said workers would be reassigned to open roles in the company.
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Courtesy of Beyond Meat
Beyond Meat partners with American Cancer Society on research
The meat analog company will help facilitate data collection to see if plant-based alternatives could be linked to the prevention of chronic disease.
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Courtesy of Kellogg
Why Kellogg is depending on Cheez-It to grow its snacks business
The CPG giant bets the 101-year-old cracker brand has the potential to drive up market share in the snacking segment, which makes up 80% of its total sales.
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Courtesy of Vow
Vow raises $49.2M to expand cultivated meat production
The Australian company, which focuses on growing uncommon types of meat such as kangaroo, alpaca and quail from cells, plans to launch in its home country and the U.S. next year.
