PepsiCo’s small snacking brands fill a big void for CPG giant

With brands such as SunChips and PopCorners, the food maker can attract and retain consumers while growing its business faster.

By Christopher Doering • Dec. 21, 2023

Beyond Meat launches new burger patties at Costco

The California plant-based pioneer say they crafted a patty that is closer in taste to real beef.

By Elizabeth Flood • Dec. 20, 2023

Explore the Trendline➔

Mergers and acquisitions

Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.  

By Food Dive staff

Snickers maker Mars’ overlooked growth driver: Lunch and dinner

With brands such as Ben’s Original and Tasty Bite, the 100-year-old company is betting consumer demand for convenience, better-for-you and global cuisine will boost its food business.

By Christopher Doering • Dec. 19, 2023

T. Hasegawa USA declares ube 2024’s ‘flavor of the year’

The ingredients giant projects the bright purple root with an earthy, nutty taste will join other trendy Asian flavors in U.S. food and beverage products.

By Chris Casey • Dec. 18, 2023

WK Kellogg Co to keep Michigan plant, avoiding layoffs

After previously planning to move its Battle Creek plant’s operations to Canada, the company chose to stay in “Cereal City” after it was given a $5 million grant from the state.

By Chris Casey • Dec. 18, 2023

COP28 takeaways: More than $7B mobilized for food system climate action

With the end of the U.N. climate summit, here's a final tally of some of the major financial commitments and sustainability pledges meant to transform the agricultural and food sectors. 

By Sarah Zimmerman • Dec. 15, 2023

Chobani buys coffee roaster La Colombe for $900M

The purchase gives the yogurt giant a presence in the fast-growing RTD category while building on its goal of becoming a more diversified food and beverage company.

By Christopher Doering • Dec. 15, 2023

Consumers cite food prices as their top economic concern: Morning Consult

According to a recent survey, people are more worried about their grocery expenses than labor, housing and national debt.

By Chris Casey • Dec. 15, 2023

Leftovers: Doritos pours Nacho Cheese-flavored liquor | Nissin’s ‘spiciest noodles ever’ infuses heat into ramen

The PepsiCo brand collaborates with Empirical to create a boozy nacho experience and Mondelēz’s beloved Golden Oreo goes gluten-free.

By Food Dive staff • Dec. 15, 2023

Wisconsin cheese farmers share 2024 food trends

Cooking and consuming food at home, adventurous flavors and “mindful indulgence” will drive consumer behavior, according to producers from the major dairy state.

By Chris Casey • Dec. 14, 2023

Meati Foods adds 2 sports moguls to investor list

Gymnast Aly Raisman and NBA star Chris Paul join Derek Jeter and Rachel Ray in providing funding to the mushroom-root plant-based company, whose goal is to become the market leader by 2025.

By Elizabeth Flood • Dec. 14, 2023

Behind Lactalis’ goal to challenge Reddi-wip with Président Whipped Crème

The gourmet cheese maker said its premium dessert offering capitalizes on increasing demand for baking at home and the growing desire for luxury products.

By Chris Casey • Dec. 12, 2023

Atomo Coffee plots sustainable success with beanless brew

The startup, which pitches its Arabica-free espresso as a more sustainable alternative, said it will use an investment from Suntory Holdings to fuel new product innovation and expand its reach.

By Chris Casey • Dec. 12, 2023

General Mills leadership changes further push into pets, international segments

The food giant promoted Jon Nudi, who previously helmed its North American food segment, to lead the two segments driving the most growth for the company.

By Chris Casey • Dec. 8, 2023

Beer slump helped by growth in premium offerings, Constellation Brands CFO says

The executive noted consumers are spending more on expensive brews, helping the Modelo and Corona maker gain shelf space.

By Chris Casey • Dec. 6, 2023

Plant-based milk maker Ripple Foods raises another $49M on heels of innovation

The company, which rolled out a new unsweetened kids’ non-dairy milk product in July has $274 million in funding.

By Elizabeth Flood • Dec. 5, 2023

Why Mitra 9 sees itself as the Budweiser of kava, kratom beverages

The brand seeks to capitalize on demand for better-for-you drinks, while targeting the afternoon, when people are looking to relax without the help of booze.

By Chris Casey • Dec. 4, 2023

Turkey drags down Hormel earnings amid inflation, bird flu headwinds

In the company’s earnings call, CEO Jim Snee signaled caution ahead of the new year, projecting a decline in sales as consumers cut back on spending.

By Chris Casey • Nov. 30, 2023

Kraft Heinz’s incoming North American president dishes on innovation, M&A

Pedro Navio, who takes over from soon-to-be CEO Carlos Abrams-Rivera, also discussed with Food Dive the biggest challenges and opportunities facing his business.

By Christopher Doering • Nov. 30, 2023

Kraft Heinz launches plant-based mac & cheese

The product, which starts hitting shelves this week, is the third innovation launched by the CPG giant and food tech company NotCo in just over a year.

By Christopher Doering • Nov. 29, 2023

Danone partners on $200M+ accelerator to reduce methane

The yogurt producer is the first corporate sponsor of the Global Methane Hub’s program, which will fund research for solutions that address livestock's effect on emissions.

By Chris Casey • Nov. 28, 2023

Anheuser-Busch spends $13M to upgrade Georgia brewery

The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails.

By Christopher Doering • Nov. 27, 2023

Kim Kardashian’s firm acquires minority stake in Truff

The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.

By Chris Casey • Nov. 21, 2023

Beyond Meat makes another push into restaurants with Pizza Hut pepperoni in the UK

The topping will be available for a limited time starting in January. The plant-based pioneer has struggled to gain traction with similar partnerships in the U.S. 

By Christopher Doering • Nov. 20, 2023

Brown-Forman sells chardonnay maker to Duckhorn for $400M

The luxury wine company said its purchase of Sonoma-Cutrer Vineyards brings a leading brand in the growing chardonnay category to its portfolio.

By Chris Casey • Nov. 20, 2023