The Latest
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JBS expected to exit its pork antitrust case following settlement with restaurants and retailers
The meat processor will pay $12.75 million after previously agreeing to deals with wholesalers and consumers totaling $45 million, according to Bloomberg.
UPDATED: April 20, 2021 at 4:41 p.m. -
Adobe Stock/New Africa
Sponsored by Fibre Box AssociationBoxes: the backbone of e-commerce
The home delivery model presents new opportunities for brands to deliver products in sustainable, durable packages – acknowledging increased interest in healthy, sustainable living.
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Christopher Doering/Food Dive
Deep DiveCoca-Cola and PepsiCo proxy clash with activist investor over sugar hints at future skirmishes
The fight may be a prelude to more battles as shareholders seek greater influence in corporate America on issues such as politics, diversity, health and the environment.
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Courtesy of Hungry Planet
Post Holdings leads $25M funding round for Hungry Planet
The investment, which will enable the startup to scale its plant-based meat in retail, foodservice and e-commerce, marks an expansion of its partnership with the food giant.
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Permission granted by Mars, Incorporated
Mars, PepsiCo and McCormick join effort to tackle supply chain emissions
As part of a new coalition formed with consultancy Guidehouse, the companies will provide their suppliers with tools and resources to create their own reduction plans.
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"Rice Dream Drink, 8/2014, by Mike Mozart of TheToyChannel and JeepersMedia on YouTube. #Rice #Dream" by Mike Mozart is licensed under CC BY 2.0
Hain Celestial sells Dream and WestSoy to SunOpta for $33M
The nondairy beverages are the latest brands sold by the company as it streamlines its portfolio to concentrate on offerings with growth potential.
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Courtesy of Fonterra
Fonterra's NZMP taps milk to help consumers manage stress, improve well-being
The New Zealand company is extracting lipids, proteins and other ingredients from the liquid to meet demand for these attributes, which have grown in popularity during the pandemic.
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Courtesy of Tru Colors
Molson Coors invests in brewery founded by gang rivals
The partnership with Tru Colors is not only a strategic investment but the latest in a series of actions by the beer maker to foster a more inclusive and diverse culture.
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Courtesy of Loyal 9 and Diageo
Diageo buys RTD vodka cocktail brand Loyal 9
This deal comes as the beverage giant focuses on expanding its offerings in a variety of price points and consumer segments.
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Courtesy of Kellogg
ColumnLeftovers: Special K takes a chocolatey twist; Yogurt bar maker Clio adds a parfait option
Kellogg dips into indulgence as it releases a cereal with cocoa-dusted multigrain flakes, while bar maker Quest makes bite-sized treats with less than one gram of sugar.
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Courtesy of Atlast Food Co
Atlast Food gets $40M for its bacon alternative
The company uses mushroom mycelium to create whole cuts of meat, and has founders of Applegate, Stonyfield and Whole Foods among its investors.
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Courtesy of Merit Functional Foods
Canola processing plant begins operation in Canada
Merit Functional Foods' 94,000-square-foot facility is the world's first and only one that can turn the oilseed crop into protein for human food, the company says.
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Courtesy of Cumberland Packing Corp.
In The Raw natural sweetener blend aims to be a direct substitute for sugar
Cumberland Packing Corp.'s new product combines stevia, monk fruit, allulose and erythritol to strike the right taste, texture and visual notes in baking.
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Christopher Doering/Food Dive
Conagra incurs $15M in supply chain costs to keep up with demand
The company bypassed the distribution network it normally relies on and instead shipped directly from the plant or a single distribution center to the customers.
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Drew Angerer via Getty Images
Food is Gen Z's top spending priority, survey finds
Younger consumers are embracing healthier snacking and plant-based meat, a new Piper Sandler report shows, providing an opportunity for brands seeking to cater to this demographic.
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Courtesy of Hazel Technologies
Hazel Technologies raises $70M for packets to prevent food waste
This marks the latest and largest funding round for the startup, whose sachets can be added to bulk boxes of produce to extend its shelf life.
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Courtesy of Amazon
Amazon unveils Aplenty, its newest private label food brand
The new line will soon include hundreds of sweet and salty snacks, frozen foods, baking mixes and standard pantry items in Amazon Fresh stores and online.
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Adeline Kon/Food Dive
Deep DiveHow much of a boost did food companies get from COVID-19?
Publicly traded large CPGs had long been struggling with little or no sales growth because of shifting consumer preferences and challenger brands stealing market share. The pandemic changed all that.
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Deep DiveBy the numbers: How food sales during COVID-19 compare to the year prior
The pandemic's shutdown of food and drink away from home was a boon to some companies and a bane to others, according to data from earnings reports.
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Courtesy of Mission Barns
Cultivated fat startup Mission Barns raises $24M to scale up
The company attracted a number of investors that have backed heavyweight alternative protein startups including Oatly, Beyond Meat, Perfect Day and Impossible Foods.
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Keurig Dr Pepper commits to cutting new plastic use in packaging
The beverage giant, which aims for a 20% reduction by 2025, is the latest CPG to pledge cuts after being targeted by shareholder proposals from nonprofit As You Sow.
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Courtesy of Nestle
Nestlé adds Banza chickpea pasta to Life Cuisine offerings
The brand, which also is using cauliflower rice and spiralized zucchini, said 10 new varieties cater to popular trends such as high protein, meatless, gluten free and low carb.
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Permission granted by ADM
How the pandemic is reshaping the snacking occasion
Consumer research shared by ADM shows the influence of stress, boredom and other lockdown forces on snacking behavior — and which shifts may be built to last.
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Courtesy of SnackMagic
SnackMagic raises $15M as profitable startup taps into snacking surge
The company, which started in May, plans to use the funding to support its expansion into other categories such as meal kits, alcoholic beverages and desserts.
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Permission granted by Tyson Foods
Tyson opens first new poultry plant in 25 years
Meat sales skyrocketed during the pandemic and many consumers plan to keep up their purchasing patterns, prompting the company to ramp up production capabilities.
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Courtesy of Kraft Heinz
ColumnLeftovers: Kraft Heinz puts Jet-Puffed in snacking form; Nestlé's S.Pellegrino adds coffee-inspired flavors
Jet-Puffed Bites offer chocolate-coated marshmallow treats in a resealable pouch, while Chloe's rides the oat milk wave with three new frozen pop flavors.
