The Latest
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Deep Dive
'It's our Super Bowl': How food manufacturers are preparing for an unorthodox holiday season
The pandemic has upended how consumers plan to celebrate, prompting CPG companies to reduce product sizes, tout offerings for novice cooks and shift more resources online.
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Danone
Danone to cut up to 2,000 jobs as it tries to save nearly $1.2B
CEO Emmanuel Faber says the company needs to "reinvent" itself as it gets hit hard by restaurant closures, a reduction of SKUs offered by retailers and a drop in birth rates that curtails formula consumption.
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With the pandemic altering Thanksgiving, experts offer muddled holiday outlooks
Celebrations this year will look different depending on food choices, income levels and the fact that the pandemic will lead to smaller gatherings, according to a trio of reports.
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Permission granted by Tyson Foods
Tyson suspends managers after accusation of betting on workers getting COVID-19
After the issue was raised in a lawsuit filed by the family of a worker in Iowa who died of coronavirus, the company will conduct an independent investigation led by former Attorney General Eric Holder.
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Permission granted by Pepsi
ColumnLeftovers: Pepsi bottles apple pie; Busch literally goes to the dogs
The soda giant is introducing the limited-edition dessert flavored cola in a Thanksgiving sweepstakes, and Mondelez invites fans to personalize their Oreos.
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Younger consumers want more fat, study finds
Most older shoppers feel just the opposite, according to a five-year study from New Nutrition Business.
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Adeline Kon/Food Dive
Deep DiveBy the numbers: Examining the cost of the pandemic on the meat industry
Over the last eight months, some of the largest companies have spent millions to deal with the coronavirus and seen thousands of workers get infected, while meat supply and pricing fluctuate.
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Courtesy of Tofurky
Deep DiveTalking Tofurky: How its mission and fun approach made a quirky company a plant-based leader
While the 25-year-old family-owned company may be named after its Thanksgiving roast, a diverse array of products and leadership have helped establish the now-trendy segment.
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Courtesy of Cargill
Cargill upstart predicts $1B in sales as demand for healthy ingredients surge
Cargill Health Technologies was launched by the agricultural giant to expand the understanding of gut and digestive health and their connection to the body's immune system.
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$8.37B invested in food tech in first 3 quarters outpaces all of 2019, report says
Late stage startups represented 78% of the capital, with Impossible Foods, Memphis Meats, LiveKindly and Perfect Day representing some of the largest deals in 2020.
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Courtesy of Barry Callebaut
Barry Callebaut debuts high performance and sustainable chocolate line
The products, which are hitting the market in time for the holiday season, are made for North American consumers' palates.
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Courtesy of SunOpta
SunOpta sells global ingredients division for $390M
The company plans to use the money it receives from the deal to expand its plant-based food and beverage offerings as well as to pay down debt.
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Unilever sets $1.2B sales goal for plant-based products
Executives said they plan to reach this target by introducing meat- and dairy-free varieties of current products as well as by rolling out new brands.
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PepsiCo 'fired' from exclusive distribution deal with Bang Energy
The beverage giant says it will continue distributing the energy drink even after Bang's CEO cited "multiple issues and concerns regarding PepsiCo’s performance" since the two partnered in April.
UPDATED: Nov. 17, 2020 at 5:58 p.m. -
Kind
Mars buys Kind North America
The acquisition comes three years after the privately held food and confectionery giant first took a stake in the company known for its natural snack bars. Terms of the deal were not disclosed.
UPDATED: Nov. 17, 2020 at 1:18 p.m. -
Retrieved from USDA photo by Preston Keres via Flikr.
Deep DiveOSHA comes under fire for 'paltry' fines and lax guidance to meat plants
While critics call the citations "less than a slap on the wrist," companies including Smithfield and JBS have denounced the fines, saying they followed the agency's recommendations for the pandemic once they were available.
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eldinhoid via Getty Images
OpinionThe holiday CPG challenge: Convince consumers not to trade down
Even though shoppers may be looking to save money on this year's festive feasts, there are ways to get them to buy brand-name products. Meghan Howard of Chicory offers several suggestions.
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Courtesy of Mondelez
Gluten Free Oreos coming to stores in January
Wheat-free varieties of Mondelez's signature sandwich cookie in original and Double Stuf will be permanent additions to the product lineup, the company said.
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B&G Foods
B&G Foods CEO Kenneth Romanzi abruptly steps down
The maker of Green Giant and Ortega said he is resigning to "pursue personal interests." David Wenner, who previously led the company, has been named interim CEO.
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Permission granted by Mondelez International
Mondelez ties marketing to internal diversity efforts with 'humaning' approach
Aligning its internal and external strategies around consumers and purpose, the CPG plans to move beyond "cautious" data-driven tactics — even as it puts a premium on first-party data.
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Courtesy of Oatly
How Oatly accelerated growth during the pandemic
In a year of adversity, oat milk is on top, with dollar sales up 212% above last year. The company's North America President Mike Messersmith explains why the beverage is booming and shares its expansion plans.
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Permission granted by Beyond Meat
Beyond Meat to launch tastier and healthier varieties in 2021
Rather than simply introducing a reformulation, the plant-based food company is touting two variations that appeal to different consumer preferences.
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Lillianna Byington/Food Dive
Premium foods are popular with consumers during COVID outbreak, IRI says
The market research firm said the growth is coming from millennials seeking new experiences while low-income households identify consuming them with special occasions.
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Courtesy of Perdue Farms
ColumnLeftovers: Perdue debuts turkey nuggets for an unconventional Thanksgiving; chocolates get a Truly hard seltzer infusion
The century-old poultry giant is launching limited quantity frozen turkey meat nuggets in the shape of the bird, and Pringles is cranking up the heat with the launch of its Scorchin' line.
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Courtesy of Novavax, Australian Broadcasting Corporation
Food and beverage groups ask White House for priority on COVID-19 vaccines
Fifteen trade associations sent President Donald Trump a letter asking for a federally regulated vaccine distribution program and prioritization for their members once it comes out.
