The Latest
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Shelyna Long via Getty Images
Honest co-founder announces details of new RTD teas
Just Ice Tea will embrace Fair Trade Certified sourcing and organic, recognizable ingredients for its new line, according to Seth Goldman.
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Courtesy of Impossible Foods
National Chicken Council wants labeling restrictions on plant-based products
Until now, the poultry industry has been relatively silent about alternatives, but the trade group presented a survey that says 81% of consumers want non-meat products to be clearly labeled.
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Courtesy of Perfect Day
Why precision fermentation is in the Non-GMO Project's crosshairs
The group dedicated June to educating consumers about the dangers of what it called “synbio dairy” — using genetically modified cells to create proteins identical to those in cow-produced milk.
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Permission granted by Sanderson Farms
Sanderson, Wayne Farms merger delayed
In a new SEC filing, Sanderson Farms said it still expects the deal to close but not in its expected timeframe of mid-2022.
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Courtesy of Eclipse Foods
Eclipse Foods scoops up more than $40M to invest in plant-based dairy
The ice cream maker’s signature ingredient blend can enable an entire non-milk platform, and additional products will launch next year.
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Courtesy of Kalera AS
Kalera starts trading on Nasdaq
The indoor farming company debuted at $14 a share after its shareholders approved its merger with Agrico Acquisition Corp. at a special meeting on Tuesday.
Updated June 29, 2022 -
Courtesy of Atomo Coffee
Atomo raises $40M for molecular coffee and launches RTD products
The beans-free startup will begin shipping cold brew and latte products that aim to deliver a similar taste as traditional options, but with improved sustainability.
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Noel Hendrickson via Getty Images
Q&AHow food inflation is shaping the shopping habits of price-sensitive consumers
The one-third of shoppers who value cost over brand are not necessarily following expected patterns, according to a recent analysis of transaction data by Symphony RetailAI.
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Juan Monino via Getty Images
How food and beverage companies are responding in Russia
Diageo said it is “winding down” operations in the country over the next six months, after previously halting exports to Russia and Ukraine in March.
Updated June 29, 2022 -
Courtesy of Symbrosia
Danone leads $7M funding round for methane-reducing cattle feed additive
The maker of Oikos and Activia yogurt is investing in the seaweed-based product in a push to hit its goal of achieving net zero carbon emissions by 2050.
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Catherine Douglas Moran/Food Dive
Forty-one percent of shoppers are buying more private brands, report finds
More than three-quarters of consumers who said they are purchasing more store brands during the pandemic said they will continue to do so in the future, according to the Food Industry Association.
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Courtesy of Sapporo USA
Sapporo USA to acquire Stone Brewing in deal valued at $165M
By acquiring the ninth largest craft brewer in the U.S., the Japanese beer giant is gaining production capacity and a launching ground for its own brand.
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Courtesy of Land O'Lakes
Leftovers: Land O'Lakes cuts corners on butter; Saputo spreads into plant-based cheese
The dairy brand is reshaping its signature product to help at-home bakers, and Hamdi Ulukaya’s Unstuck initiative launches co-branded products with ingredients sourced by refugees.
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Courtesy of Crush Dynamics
How CrushDynamics upcycles wine waste into a nutritious ingredient
The Canadian company uses fermentation to make polyphenol-rich blends that can enhance flavor, reduce salt, block bitterness and extend shelf life, and plans to take its tech to winemaking regions worldwide.
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Mark Wilson via Getty Images
How food tech companies can raise money in a slowing economy
Investors still want to put funds toward well-established players in the sector, and M&A, partnerships and joint ventures will continue to proliferate, said panelists at the Future Food-Tech Alternative Proteins conference this week.
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Christopher Doering/Food Dive
Bang to transition from PepsiCo distribution deal in favor of new DSD partners
In a statement, the company’s CEO also said all disputes with the beverage and snacking giant have been “fully settled and resolved.”
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Courtesy of Consumer Brands Association
Consumer Brands Association CEO leaving to lead travel group
Since Geoff Freeman took the helm nearly four years ago, the once-struggling organization has changed its priorities and welcomed several members.
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Kuklev via Getty Images
Chinova Bioworks raises $6M for clean-label preservative
Investors in the company and its ingredient made from upcycled mushrooms include the venture arms of Royal DSM and Rich Products.
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Justin Sullivan via Getty Images
Splitting Kellogg is the best way to drive growth, CEO says
In an interview, Steve Cahillane said dividing the 116-year-old CPG will unlock value and create three "healthy, strong companies” in plant-based food, cereal and snacks.
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Sean Gallup via Getty Images
Mars CEO to retire in September
Company veteran Poul Weihrauch, currently global president of Mars Petcare, will take the helm this fall.
Updated June 22, 2022 -
Retrieved from B&G Foods on June 22, 2022
B&G Foods creates 4 business units to oversee sprawling portfolio
The maker of Green Giant, Ortega and Cream of Wheat said the new structure will help eliminate unnecessary costs and spur growth.
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Tim Boyle via Getty Images
Kellogg splitting into 3 companies
The CPG will spin off its North American cereal and plant-based foods operations while retaining its global snacking business. The separation is slated to be complete by the end of 2023.
Updated June 21, 2022 -
Courtesy of Clif Bar
Mondelēz to buy Clif Bar for at least $2.9B
The purchase of the Clif, Luna and Clif Kid brands further expands the CPG giant’s reach in snacking while giving it a major presence in the high-growth bar business.
Updated June 20, 2022 -
Retrieved from Target.com on June 17, 2022
Target unveils new private label adult beverage line
The new line of ready-to-drink cocktails, called Casa Cantina, adds to the retailer’s growing assortment of exclusive offerings in food and beverage.
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Photo Illustration: Shaun Lucas/Industry Dive; Getty Images
Deep DiveTracking sustainable food and beverage packaging innovation
Heinz collaborates with a U.K. grocer on packaging sourced from plastic recycled by shoppers, and Absolut partners with a Swedish startup to create a fiber-based bottle cap.
Updated June 22, 2022
