Campbell Soup’s $2.7B purchase of Sovos delayed after FTC seeks more information

The soup and snacks manufacturer said the acquisition of the Rao’s pasta sauce owner would likely close in mid-2024 instead of this year.

By Christopher Doering • Oct. 24, 2023

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.

By Christopher Doering , Shaun Lucas • Oct. 23, 2023

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.

By Christopher Doering , Jasmine Ye Han • Oct. 23, 2023

Thor’s Skyr takes on Chobani, Danone with protein-packed yogurt

The Iceland-based company believes it has what it takes to rival the biggest dairy companies with its lactose-free, zero added sugar products.

By Chris Casey • Oct. 20, 2023

Israeli startup debuts line of whole-cell cultivated berries

Novella co-founder said the company is taking the same concept of lab-grown meat, and applying it to whole plant cells.

By Elizabeth Flood • Oct. 19, 2023

Tyson Foods partners with insect protein startup to develop ingredient facility

The meat giant will work with Protix to construct a facility dedicated to insect protein items in the U.S., for use in pet food, aquaculture and livestock production.

By Chris Casey • Oct. 18, 2023

JM Smucker selling 4 condiment brands to TreeHouse Foods for $20M

Both CPGs have had a busy year buying and selling assets to focus their portfolios and gain scale in faster-growing categories.

By Christopher Doering • Oct. 18, 2023

Sugar shortage isn’t causing spike in Halloween candy prices: Wells Fargo analyst

Despite a constrained global supply of the crop, experts don't believe it will affect sweets makers in the U.S. ahead of the holidays.

By Chris Casey • Oct. 17, 2023

Coca-Cola Company and Pernod Ricard partner on Absolut Vodka with Sprite

The pre-mixed cocktail will be available in regular and Zero Sugar, with the initial launch planned for select European countries in early 2024.

By Christopher Doering • Oct. 17, 2023

Ocean Spray targets hiring in tech transformation push

The project seeks to enable IT across the business, according to the beverage maker’s Chief Digital and Technology Officer.

By Lindsey Wilkinson • Oct. 13, 2023

Leftovers: Madison Square Garden embraces Beyond Meat | Brewery brings Morton’s Salt into IPA

Concession stands at New York sports games will soon serve the plant-based company’s products, and PepsiCo brings the tastes of Chewy Granola bars into cereal with its new breakfast offering.

By Food Dive staff • Oct. 13, 2023

Turkey prices could fall as Thanksgiving nears, but bird flu reemergence threatens flocks

Consumers will likely see lower prices for the holiday staple compared to last fall, according to a report, but the unpredictable avian flu remains a threat.

By Chris Casey • Oct. 11, 2023

PepsiCo monitoring impact of weight loss drugs, but says early impact on sales is ‘negligible’

CEO Ramon Laguarta told analysts there are “a lot of question marks” when it comes to the impact Ozempic and other similar medicines will have on his beverages and snacks business.

By Christopher Doering • Oct. 11, 2023

Utz to close Pennsylvania factory

The closure is part of broader cost cutting moves across the snack maker’s network, which includes the sale of four sites.

By Joelle Anselmo • Oct. 11, 2023

Unilever’s Ben & Jerry’s relaunches plant-based line with oat recipe

Reformulated versions of classics such as Chocolate Chip Cookie Dough will reach store shelves this fall, with remaining flavors switching to the new recipe by next spring.

By Christopher Doering • Oct. 11, 2023

Alternative protein poised to solve seafood supply and demand imbalance

Although plant-based seafood has a competitive edge over beef in terms of price, consumer acceptance is still a steep hurdle.

By Elizabeth Flood • Oct. 9, 2023

Coca-Cola to sharply cut distribution of Aha sparkling water as sales decline

The company told Food Dive it sees growth potential in the category with its premium brand Topo Chico.

By Chris Casey • Oct. 9, 2023

Missouri pressures Tyson to sell 2 poultry plants set for closure

The meatpacker received major backlash from local and federal officials, who said factory closures will have “devastating consequences.”

By Sarah Zimmerman • Oct. 6, 2023

US pea protein producers undercut by cheap Chinese imports

Products made with the ingredient are growing in popularity, but domestic manufacturers are in “grave peril,” producer Puris claims.

By Elizabeth Flood • Oct. 5, 2023

Molson Coors looks to premium alcohol in pursuit of aggressive sales growth

The beverage giant, which has expanded its portfolio to include whiskey and ready-to-drink tea, is aiming to get one third of its revenue from upscale offerings.

By Chris Casey • Oct. 4, 2023

GPC secures another speciality flour milling facility in an effort to expand plant-based reach

To cater to sustainability-conscious consumers, the company will initially use the facility as an extension to its soy and chickpea milling operations in Grinnell, Iowa.

By Elizabeth Flood • Sept. 28, 2023

Tyson, Perdue under investigation following reports of child labor at slaughterhouses

The poultry companies face a federal probe after a New York Times Magazine article detailed a 14-year-old being maimed by equipment at a Virginia plant.

By Chris Casey • Sept. 26, 2023

JBS begins work on lab-grown meat center in Brazil

The Biotech Innovation Center, slated for completion next year, builds on the meatpacker’s effort to expand its portfolio and become a force in the growing cultivated protein sector.

By Nathan Owens • Sept. 26, 2023

Coca-Cola’s Fairlife still sourcing milk from abusive farms, animal rights group claims

The beverage giant disputed the claim from Animal Recovery Mission, saying the two operations and its owner are not suppliers for the dairy product, which has more than $1 billion in annual sales.

By Christopher Doering • Sept. 26, 2023

Big food’s regenerative agriculture pledges mostly just talk

Most businesses lack quantitative targets to reach their goals and only a few of them offer financial commitments to support farmers, according to a FAIRR investor network report.

By Sarah Zimmerman • Sept. 22, 2023