The Latest
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Permission granted by Conagra Brands
Conagra's Evol brand to introduce carbon-neutral frozen meals
The CPG giant said eight single-serve offerings will reach store shelves starting in June and be verified by the Carbonfree Product Certification Program.
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TreeHouse Foods names new director to board following agreement with Jana
The activist investor, which has a 9.2% stake in the private label food maker, has been agitating for a sale and other changes at the company for more than a year.
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Courtesy of The Bumble Bee Seafood Company
What's next for Bumble Bee's sustainable packaging push
New paperboard sleeves for the seafood giant's tuna cans demonstrate the potential for fully recyclable materials.
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Courtesy of Beyond Meat
Beyond Meat to settle investor lawsuit about co-manufacturer dispute
The plant-based meat maker plans to pay attorneys' fees, create a risk committee and make changes to its board makeup, but the underlying litigation with Don Lee Farms is still pending.
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Courtesy of Hostess
Hostess taps former Kraft Foods executive as CFO
Travis Leonard is stepping in as the baked sweets maker shifts its focus from debt reduction to mergers and acquisitions.
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Retrieved from Austin Cocktails.
Constellation Brands buys remaining stake in RTD drink Austin Cocktails
The acquisition deepens the Corona brewer's presence in the fast-growing category that could control nearly 25% of total alcohol beverage volume by 2025.
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Courtesy of Hershey
ColumnLeftovers: Kit Kat breaks into breakfast with blueberry muffin flavor; RTD moon milks offer ayurvedic stress relief
Hershey adds the flavor of berries, batter and graham cookie pieces to its iconic sweet, and J&J Snack Foods' Icee enters the cookie category.
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Courtesy of The Giant Company
Report: Food's future is more complicated than the alternative protein debate makes it seem
The study from IPES-Food says that changes are needed to stabilize the food system, but a wholesale switch to plant-based or cuts in greenhouse gas emissions ignore some pressing issues.
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Permission granted by Del Monte Foods
Del Monte pledges to hit net zero emissions by 2050
The canned produce company plans to reduce or eliminate most of its existing emissions through practices like regenerative agriculture or earth-friendly packaging.
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Sean Gallup via Getty Images
Mars Wrigley investing $175M to expand chocolate candy plant in Kansas
The money will go toward scaling up production of Snickers and adding Milky Way and 3 Musketeers, while improving packaging efficiencies.
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Dan Kitwood via Getty Images
Tate & Lyle to acquire dietary fiber business in China for $237M
The company said the purchase of Quantum Hi-Tech Biological will strengthen its market position for the popular ingredient while boosting its food and beverage solutions.
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Courtesy of Kerry
Kerry buys ayurvedic ingredients maker Natreon
The deal brings several functional herbs and extracts associated with Indian traditional health practices to the Irish company's portfolio.
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Courtesy of Cracker Jack
Cracker Jack ushers in a new ballgame with Cracker Jill packaging
The 126-year-old snack from Frito-Lay is leaning into the rising popularity of women's sports, which could boost its image as a socially conscious brand.
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Courtesy of Bashas'
Specific claims like 'cruelty-free' are more effective than USDA organic label: survey
Many of the individual statements are already covered under the department's Organic Standard, indicating a lack of understanding from consumers about what "organic" means.
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Kena Betancur via Getty Images
IPOs in Americas plummet 72% during first quarter: EY
Despite several companies going public in recent years, the food and beverage sector has been largely quiet in 2022, with firms like Chobani deciding to delay listing their shares.
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Keurig Dr Pepper CEO to step down in July
Bob Gamgort will transition to the role of executive chairman, while CFO Ozan Dokmecioglu will take the helm at the beverage maker.
Updated April 5, 2022 -
Jamie McDonald via Getty Images
Avian influenza threatens egg supply ahead of Easter: report
A CoBank analysis finds the industry struggling to right-size its flock amid the virus, demand shifts and a transition to cage-free production.
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Permission granted by The Better Meat Co.
The Better Meat Co. to debut mycelium foie gras
CEO Paul Shapiro said in an exclusive interview the product for restaurants can help fans of the controversial delicacy "experience that same joy without all the suffering."
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Retrieved from Coca-Cola on April 04, 2022
Coke serves up its latest conceptual variety: 'pixel-flavored' cola
Zero Sugar Byte is the second offering out of the brand's Creations innovation platform that previously tried to capture the taste of space.
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Courtesy of Bowery Farming
Indoor farming to reach an estimated $155.6B by 2026: PitchBook
The space could see a more than 14% growth rate, driven by enthusiasm for the sustainability pitch of players like Bowery Farming and Upward Farms, a new report finds.
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Retrieved from Sovos Brands.
ColumnLeftovers: Noosa chills out with gelato; White Claw catches new wave with its Surf line
Sovos Brands is bringing its premium yogurt into the freezer aisle, while Betterland Foods uses Perfect Day's animal-free dairy proteins for a better-for-you chocolate bar.
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Permission granted by Anheuser-Busch
AB InBev to invest $50M in St. Louis brewery to boost seltzer production
Despite slowing seltzer sales, the category remains lucrative for beer giants with brands such as Bud Light Seltzer competing with White Claw and Truly.
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Courtesy of Diageo
Diageo acquires super-premium tequila brand 21Seeds
The purchase of the startup for an undisclosed amount accelerates the company's move into more trendy and higher-margin beverages.
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Courtesy of Gotham Greens
Gotham Greens to double its capacity in 2022 as it bolsters retail footprint
The growth will enable the company to serve many of the country’s largest stores, which are seeing an increase in consumer demand for greenhouse-grown produce.
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Courtesy of MycoTechnology
MycoTechnology raises $85M for innovation and international expansion
In its Series E round, the fermented mushroom ingredient giant received money from the venture arms of Griffith Foods, Tyson Foods, Bunge, Continental Grain and Maple Leaf Foods.
