Corporate
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Spero Foods seeks capital to ramp up plant-based eggs and cheese
The company concentrates on using high protein and nutritious ingredients, like seeds, for its substitutes.
By Jessi Devenyns • May 22, 2019 -
Coke resurrects notorious New Coke flop for Netflix's 'Stranger Things'
The reformulated beverage introduced in 1985 and shelved a mere 79 days later will appear in the hit series and be sold in limited quantities.
By Peter Adams • May 21, 2019 -
Consumers placing more value in a food companies' ethical behavior
Crestline Custom Promotional Products also found that when it comes to product claims, U.S. consumers prioritized "non-toxic" as the most important while organic was the least valuable.
By Jessi Devenyns • May 20, 2019 -
Food industry applauds US for lifting steel and aluminum tariffs on Canada, Mexico
The move could provide momentum for the three countries to ratify a new trade pact that would replace the North American Free Trade Agreement.
By Lillianna Byington • May 20, 2019 -
Deep DiveBig Food turning to regenerative agriculture to meet sustainability goals
Companies such as General Mills and Hormel Foods are embracing the practice to help their businesses and respond to consumers who consider environmental stewardship in their buying habits.
By Lillianna Byington • May 20, 2019 -
CBD entering food and drink at an 'astounding pace,' report says
Some companies are already infusing coffee, beer and other products with the substance — one of the more than 100 chemicals found in cannabis — despite murky federal restrictions in place.
By Cathy Siegner • May 20, 2019 -
OpinionFood industry leaders face increased personal reputational and legal risk
Executives and board members need to protect themselves through preemptive and credible enterprise risk management, Steel City Re CEO Nir Kossovsky argues.
By Nir Kossovsky • May 17, 2019 -
Kashi Go rebrand targets active millennials and Gen Zers
Following market research on the evolution of its customer base, the Kellogg-owned brand began introducing its new packaging design last month.
By Cathy Siegner • May 17, 2019 -
ColumnLeftovers: Blondies have stolen your Lucky Charms; Pringles fires up its own mystery machine
The magically delicious cereal is now a marshmallow-filled sweet snack available at club stores; and Garbage Pail Kids cereal, energy drinks and candy bars bring back gross-out '80s nostalgia.
By Food Dive staff • May 17, 2019 -
Chr. Hansen debuts sweeter culture solution for dairy applications
The Danish ingredients firm said its Y-1 product converts more existing sugars in milk from lactose.
By Cathy Siegner • May 16, 2019 -
Del Monte thinks outside of the can with a move into frozen and refrigerated
Best known for its iconic canned goods, the 133-year-old company is taking a bolder and more innovative approach to broadening its offerings with CEO Greg Longstreet at the helm.
By Christopher Doering • May 16, 2019 -
Will AB InBev acquire the Craft Brew Alliance?
Midwood Capital Management urged the company's board to pursue a sale because of profitability challenges.
By Cathy Siegner • May 16, 2019 -
Why B&G Foods acquired Clabber Girl for $80M
The acquisition-hungry company expects the brand, which has produced baking powder and corn starch for 150 years, to generate approximately $70 million to $75 million of net sales annually.
By Jessi Devenyns • May 16, 2019 -
Food companies including Nestlé, PepsiCo and Mondelez will phase out trans fats
The dozen members of the International Food and Beverage Alliance will reduce the industrially produced ingredient to 2 grams per 100 grams of fat in their products by 2023.
By Cathy Siegner • May 16, 2019 -
Hershey's embraces emoji for summer packaging play focused on sharing
The brand's signature milk chocolate bars will feature 25 of the most popular symbols — including smiling poop — marking the first change to the candy's look in 125 years.
By Peter Adams • May 15, 2019 -
Aleph Farms raises $12M with investment from Cargill
The injection of capital will allow the lab-grown meat startup to accelerate product development and transform its prototype into something sold at market.
By Jessi Devenyns • May 15, 2019 -
Stacy's Rise Project to award $200K to female food and beverage founders
To help close the gender gap for investments, Stacy's Snacks is accepting applications for women business owners to win funding and mentorship.
By Lillianna Byington • May 15, 2019 -
Hain Celestial names North American president with turnaround experience
Kevin McGahren, who rescued American Beverage Corporation, is the newest addition to the C-suite CEO Mark Schiller is building to improve the company's growth prospects.
By Megan Poinski • May 15, 2019 -
Ruby chocolate officially enters the US and Canada
The wait is over: Barry Callebaut is now working with producers to bring the confection to North America, with products likely to appear on shelves and bakeries as soon as June.
By Megan Poinski • May 14, 2019 -
OpinionWhat are the key ingredients to highly valued food and beverage brands?
Aaron Goldstein, an investment banker at Lincoln International, says a significant part of achieving a premium M&A valuation is crafting the story, positioning the brand and articulating future growth potential.
By Aaron Goldstein • May 13, 2019 -
Kellogg goes Off the Grid with protein-packed frozen waffle brand
The product — which comes in vanilla buttermilk, cinnamon brown sugar and wild blueberry — is marketed on its website as fuel "for whatever adventure the day will bring."
By Cathy Siegner • May 13, 2019 -
Impossible Foods raises $300M as exec touts long runway for growth
CFO David Lee said the company is facing "unprecedented demand" for its product and is considering "every strategic option" for future expansion, including an IPO.
By Christopher Doering • May 13, 2019 -
Culture club: Why Danone is opening access to thousands of its yogurt strains
To mark the 100th anniversary of its first product, the French company said it may lead to additional uses for food and other applications.
By Cathy Siegner • May 10, 2019 -
Hain Celestial to sell its poultry business for $80M
Now that the company has divested its protein segment, will Nestlé still be interested in a full acquisition?
By Jessi Devenyns • May 10, 2019 -
ColumnLeftovers: Reddi-wip becomes an at-home Barista; crunchy crickets kick in almost any flavor imaginable
Conagra Brand's iconic spray cream — an unofficial coffee topping for years — gets a makeover to do a latte for morning drinks, and Reese's takes on a new frozen dessert form.
By Food Dive staff • May 10, 2019
