The Latest
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Ben & Jerry's launches pilot program to cut dairy farm emissions
The Unilever-owned ice cream brand will implement regenerative agriculture practices and new technology to reduce greenhouse gases from 15 farms in the U.S. and the Netherlands.
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Nitram242. (2017). "Tootsie Roll Power Plant" [Photograph]. Retrieved from Flickr.
Tootsie Roll could pause production lines due to delayed supplier deliveries
Ingredients and packaging suppliers have failed to meet promised delivery dates due to rail and truck constraints, the candy manufacturer said.
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Brightseed raises $68M to accelerate artificial intelligence work
The creator of Forager AI, which maps the health impact of plant-based compounds, plans to use the funding to launch its first FDA-GRAS ingredient.
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How Leaft Foods turns green plants into a protein nutritionally similar to beef
The New Zealand company founded by two former dairy execs recently raised $15 million to bring its concentrated rubisco powder to the U.S. next year.
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WNWN announces world's first consumer sale of cacao-free chocolate
The British company, which uses fermentation to turn barley and carob into the beloved confection, hopes to use its U.K. launch to highlight the ethical problems with the traditional way the candy is made.
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General Mills to buy frozen pizza crust maker to boost away-from-home business
The purchase of TNT Crust for an undisclosed amount will add to the fold a fast-growing company while increasing the CPG's exposure to the popular meal offering.
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Kraft Heinz to test paper-based ketchup bottle with Pulpex partnership
The company said it will assess the performance of the prototype before trying the packaging with consumers and then eventually bringing it to market.
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Retrieved from Mondelez.
Mondelēz to divest Trident, other gum brands in developed markets
The snacking giant said it is reshaping its portfolio with a goal of generating 90% of its revenue from chocolate and biscuits.
Updated May 10, 2022 -
Tyson's sales climb to $13B as meat industry profits are scrutinized
The meat and poultry giant's CEO said the financial increases are par for the course as inflation rages.
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Preston Keres. (2018). "20180321-OC-PJK-7623_TONED" [photograph]. Retrieved from U.S. Department of Agriculture.
Avian influenza impacts 37.5M birds in commercial and backyard flocks
While the outbreak seems to be hitting more egg laying operations, bigger companies say they are not yet drastically affected.
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TreeHouse Foods: Inflation is a boon to private label demand
The maker of store-branded products said its offerings are making inroads across multiple retail channels and among consumers in all earnings brackets.
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Kellogg aims for cereal market share recovery after strikes, supply woes
The company, which saw a 10% year-over-year decline in net cereal sales in the first quarter, said it has a plan to buoy growth in the second half of the year.
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Why Kraft Heinz is making Macaroni & Cheese ice cream and Grey Poupon wine
The launches are part of an effort to build relevance for iconic brands in a way that aims to combine whimsy and consumer interest into items that attract both social media attention and sales.
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Column
Leftovers: Pure Leaf tea gets sweet on less sugar; Opopop goes global with wasabi-flavored popcorn
The Pepsi Lipton Tea partnership's Lower Sugar line slashes the sweetener while keeping the taste, while Laird Superfood upcycles coffee waste into compostable pods.
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Fix these structural flaws to prevent the next global food price crisis, report advises
An overreliance on staple crops and commodity speculation are partly responsible for huge price spikes after the Ukraine invasion and earlier crises, according to IPES-Food.
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Voyage Foods gets $36M investment to scale up
The California company that recreates chocolate, peanut butter and coffee on a molecular level is planning product launches later this year.
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Whole Earth Brands carves out its sweet spot in alternative sweeteners
The company's portfolio of products like Wholesome and Equal are designed to give consumers more choice and position it to grab a bigger slice of the $100 billion market dominated by sugar.
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Retrieved from Conagra Brands.
Conagra names McDonald's exec to head grocery and snacks business
Lucy Brady will take over as president starting June 15 and focus on keeping the CPG's brands relevant amid evolving consumer demands and trends.
Updated May 6, 2022 -
What the stalled Sanderson and Wayne Farms merger says about its potential for closing
As regulators in the Biden administration scrutinize the pending $4.53 billion acquisition, experts point to obstacles that could complicate its approval.
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Tate & Lyle buys chickpea ingredients company Nutriati
The acquisition comes six months after the ingredients giant agreed to distribute the upstart's offerings used in non-dairy, plant-based meat and gluten-free products.
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Deep Dive
Lost and found: Brands neglected by large CPGs thrive under new ownership
Krave jerky, Funfetti baking products and Häagen-Dazs are just a few of the lines that have flourished after being divested, with their new owners spending more on marketing, innovation and improving product quality.
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Opinion
Turning threats into opportunities: Can food companies successfully attack in all directions?
Whether it's sustainability, supply chain issues, inflation or the obesity crisis, CPGs must be able to tackle multiple challenges at once, writes Sean McBride of DSM Strategic Communications.
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Coca-Cola and others agree to $21M settlement for Fairlife animal abuse lawsuits
In a statement, the dairy brand with $1 billion in annual sales outlined steps its supplying farms have taken to improve the welfare of their cows.
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Celebrity-created RTD cocktails hit shelves with new Thomas Ashbourne brand
The line, which features drinks designed by Sarah Jessica Parker and John Cena, among others, mixes trendy high-end spirits and entertainment icons.
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Consumers likely to 'trade down' to chicken as beef prices soar: report
A recent CoBank analysis found that poultry stands to benefit from more expensive red meat, despite facing high feed costs and a bird flu outbreak.