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Beyond Meat slashes workforce as business model is under fire
The plant-based giant continues to face headwinds as consumers prioritize affordability.
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Column
Leftovers: DiGiorno brings pizza to Thanksgiving | Pringles unveils caviar collaboration
The Nestlé-owned brand is launching a limited-edition pie ahead of Turkey Day, and Stok is bringing cold brew into winter with a peppermint mocha flavor.
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Ingredion unveils gelling starch for dairy and alternatives
The new ingredient allows formulators of yogurt and plant-based cheese to improve the texture and mouthfeel of their products.
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Kraft Heinz names Pedro Navio president of North American operations
The CPG veteran will take over the position from Carlos Abrams-Rivera, who was recently named incoming CEO at the Lunchables and Velveeta cheese manufacturer.
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PepsiCo’s Doritos brand creates technology to ‘silence’ its crunch
The software, aimed at gamers annoyed by the sound from other players, used artificial intelligence and machine learning to analyze more than 5,000 crunches.
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Retrieved from Whole Foods Market on November 01, 2023
Consumers want the ‘plant’ back in plant-based: report
Whole Foods Market forecasted that more companies will focus on using clean ingredients in their products.
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‘Startup nation’ at war: How Israel’s food tech sector is handling upheaval
The country has been a hotbed for the tech sector, especially for food, but the Israel-Hamas war has put employee engagement and product development initiatives on hold.
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Ocean Spray debuts zero sugar varieties as juice category fractures
With many consumers abandoning sugary fruit beverages for healthier alternatives, leading brands are working to win them back by cutting out sugar.
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Hershey planning ‘higher levels’ of innovation for 2024, CEO says
Michele Buck said new offerings, including the launch of Reese’s Caramel, will play a large role in driving its overall business as well as increasing merchandising at retail.
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Bud Light boycott weighing on AB InBev but beer giant sees signs of optimism
CEO Michel Doukeris told analysts that over 40% of lapsed consumers of the brand said they are now more open to drinking it again.
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Retrieved from Nestlé on October 30, 2023
Nestlé launches 3 new plant-based fish items as category grows
The European launch of the vegan filets, fingers and nuggets is part of an effort by the company to increase sales of healthier foods.
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California poultry processors face preliminary injunction for violating child labor laws
Children were working long hours on production lines at Exclusive Poultry and two other companies.
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Sanderson Farms cleared in blockbuster price-fixing case
A unanimous jury decision exonerated the chicken company in one of the largest antitrust cases involving the poultry industry.
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More than half of consumers consider sustainability in food purchases - TetraPak
Although many respondents said they are struggling financially, only 17% indicated a desire to give up purchasing higher-priced food and beverages that are environmentally friendly, organic or healthy.
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Chocolate contains ‘concerning’ amounts of lead and cadmium, Consumer Reports finds
The nonprofit found troublesome amounts of the heavy metals in 16 out of 48 products tested, and called out Hershey to take action.
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Dippin’ Dots owner sees bright outlook for the ‘ice cream of the future’
Despite its strong presence in amusement and entertainment venues, the 35-year-old brand has plenty of room to grow by expanding in places such as c-stores and movie theaters.
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Q&A
Milk Bar chef and CEO Christina Tosi talks growth, the future and her favorite part of each week
The New York-based tycoon talked with Food Dive about how she stays true to her sweet tooth while managing a growing business portfolio and staff.
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Column
Leftovers: AriZona chills out with ice pops | Tillamook celebrates holidays with new flavors
The tea brand is entering the freezer aisle for the first time with three flavors, and J&J Snack Foods is bringing a pub classic to retail with Bavarian Soft Pretzel Sticks.
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Nestlé expands Coffee mate creamer into fast-growing iced coffee
The product, which is available in French vanilla and caramel, is the first major innovation for the brand since its inception more than 60 years ago.
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Unfavorable US pork market weighs on Smithfield owner
Meatpacking giant WH Group is coping with profit declines as it consolidates operations and looks for cost cuts.
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Retrieved from Electrolit.
Keurig Dr Pepper enters sports hydration with Electrolit partnership
The deal brings the soda, water and coffee giant into the fast-growing $11 billion category that it called “a key white space” for the company.
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Bold colors, bespoke flavors drive ADM’s 2024 ingredient trends
With consumers prioritizing affordability, taste and wellness, formulators have the opportunity to use eye-catching aesthetics and unique tastes to capture attention, the report found.
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Deep Dive
The quiet dealmaker: How Post Holdings’ CEO went from selling men’s clothing to closing billion-dollar deals
Rob Vitale’s penchant for M&A and reputation as a strategic thinker has proven to be a shrewd fit for a 128-year-old business once looking to define its future. Nearly a decade in, he’s not done yet.
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Retrieved from Post Holdings.Deep Dive
Inside Post Holdings’ transformation from cereal slinger to a diversified CPG giant
The company's unconventional approach has created a nearly $6 billion operation that has a competitive presence in peanut butter, eggs and pet food.
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ADM rethinks scope of $300M plant-based investment
The market for alternative meat products has struggled with destocking and sluggish consumer demand in the past year.
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