Corporate
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Courtesy of Forager Project
Danone-backed Forager Project launches line of plant-based cheeses
The family-owned business is the latest company to enter the increasingly crowded segment where large CPGs and smaller startups already have products on the market.
By Lauren Manning • March 03, 2021 -
Courtesy of Snow Days
New frozen snack brand seeks to replicate the joy of Snow Days
Launched under the HumanCo platform by entrepreneur and businessman Jason Karp, the new pizza bites line is better-for-you, gluten free, organic — and aims to shake up the comfort food segment.
By Megan Poinski • March 03, 2021 -
Explore the Trendline➔
Thai Phi Le/Food Dive
TrendlineThe Food Dive Outlook on 2021
The impact of the pandemic continues to ripple throughout the industry, influencing the trends on the horizon in food and beverage, from the surge of breakfast items to greater tech adoption.
By Food Dive staff -
Hershey unveils new goals to address climate change
The confectionary and snacks company aims to reduce its direct and indirect emissions and make 100% of its plastic packaging recyclable, reusable or compostable by 2030.
By Barbara Smith • March 03, 2021 -
Post settles sugary cereal lawsuit for $15M and agrees to drop health-focused label claims
The cereal maker will stop using terms including "no high fructose corn syrup," "less processed," "wholesome," "smart" and "nutritious" on products with at least 10% of calories coming from the sweetener.
By Lauren Manning • March 02, 2021 -
Danone
Danone head to step down after board votes to separate CEO, chairman roles
The dairy giant's board said its current CEO, Emmanuel Faber, will relinquish the position once his successor is chosen and then become non-executive chairman.
By Christopher Doering • UPDATED: March 2, 2021 at 9:21 a.m. -
Permission granted by Pepsi
Pepsi deploys customized voice-overs to balance personalization, reach in Zero Sugar push
The soda maker is targeting middle-aged men as beverages that eschew the popular sweetener play a bigger role in its growth strategy.
By Peter Adams • March 01, 2021 -
Courtesy of J.M. Smucker Co.
J.M. Smucker to lay off undisclosed number of employees
The company says these departures will help make it more agile as it focuses on growth, but there is no information on how many there will be, where they are coming from, or when it is likely to happen.
By Megan Poinski • March 01, 2021 -
Flickr
Deep DiveLet's make a deal: How Nestlé is using M&A and multibillion-dollar divestitures to shape its portfolio
With more than $30 billion in transactions since 2018, the world's largest food company is refocusing its offerings on faster-growing categories popular with consumers.
By Christopher Doering • March 01, 2021 -
Courtesy of Kraft Heinz
Kraft Heinz pilots recycled plastic packaging as roofing material
If the post-consumer plastic boards being tested on two factories work well, the CPG company may someday be repairing its facilities with packaging from the products it makes.
By Megan Poinski • Feb. 26, 2021 -
Courtesy of Klondike
ColumnLeftovers: What would you do for a Klondike Cone? Cheez-It explodes into a new snack
The Unilever-owned ice cream treat adds two new portable formats, and dairy proteins are used to create a kid-targeted hydration drink.
By Food Dive staff • Feb. 26, 2021 -
Permission granted by Beyond Meat
Beyond Meat signs global partnerships with McDonald's and Yum Brands
The plant-based meat producer will be the "preferred supplier" for the patty in the planned McPlant sandwich, and is creating menu items for KFC, Taco Bell and Pizza Hut.
By Alicia Kelso • Feb. 26, 2021 -
Courtesy of PepsiCo
PepsiCo launches line of cocktail mixers as drinking at home surges
The nonalcoholic Neon Zebra brand can be used in margaritas, mojitos and other beverages. The offering is the latest drink from the beverage giant targeting new consumption occasions.
By Christopher Doering • Feb. 26, 2021 -
Clif Bar plans to double its sales and positive environmental impact
The health bar brand is adding 50 new roles in analytics and innovation, while cutting approximately 125 others as it leans further into sustainability to stay relevant.
By Barbara Smith • Feb. 25, 2021 -
Courtesy of ChickP
ChickP strikes partnership with Socius Ingredients as part of US product rollout
The 90% chickpea isolate, which is being targeted for use in dairy alternatives, baked products and gluten-free foods, has a dense nutritional profile and neutral flavor.
By Christopher Doering • Feb. 25, 2021 -
Flickr
Campbell Soup rejoins Consumer Brands Association
The soup and snacks maker was the first high-profile departure from the group during its roughest period in 2017 and 2018, and is one of 18 companies that joined the trade organization since last February.
By Megan Poinski • Feb. 25, 2021 -
Permission granted by Elroy's Fine Foods
CBA, beverage group among largest donors to campaigns and lobbyists, study finds
Nonprofit organization Feed the Truth said the top 20 food industry trade associations have contributed at least $33.7 million in political donations since 2007 and spent $303.2 million in lobbying since 2008.
By Christopher Doering • UPDATED: Feb. 26, 2021 at 9:03 a.m. -
Impossible Foods
Agrifood companies drew at least $26.1B in investments in 2020, report finds
AgFunder, a venture capital fund, found that all of last year's investments in the space may be more than a third above those received in 2019.
By Megan Poinski • Feb. 24, 2021 -
How Unilever is turning sustainability into opportunity
The CPG giant is using upcycling, a big plant-based commitment and initiatives to curtail food waste to save money and the environment, says Hanneke Faber, the company's president of foods & refreshment.
By Megan Poinski • Feb. 24, 2021 -
Courtesy of Moet Hennessy
Moët Hennessy buys 50% stake in Jay-Z's premium Champagne brand
The entertainer and businessman has been an owner of Armand de Brignac since 2006, which makes his ownership stake an "essential element of this alliance," the luxury brands powerhouse said. Financial details were not disclosed.
By Megan Poinski • Feb. 23, 2021 -
Courtesy of Mosa Meat
Mosa Meat raises $10M to scale cell-based meat
The investment closes the Dutch company's $85 million Series B round, which it says will help it scale up in order to bring slaughter-free hamburgers to European consumers in 2022.
By Megan Poinski • Feb. 23, 2021 -
Courtesy of Oatly
Oatly files for IPO
The Swedish plant-based company's filing is confidential, so no information is available yet on its proposed valuation or share price.
By Megan Poinski • Feb. 23, 2021 -
Courtesy of General Mills
Q&AGeneral Mills CMO shares outlook on purpose, e-commerce and data as pandemic boosts sales
Ivan Pollard dished on how the company is connecting the physical and digital worlds, while stepping up initiatives into social justice.
By Peter Adams • Feb. 22, 2021 -
Report: Frozen foods heat up as pandemic drives sales growth
Category sales hit $65.1 billion in the U.S. last year, according to figures from the American Frozen Food Institute and the Food Industry Association.
By Rosie Bradbury • Feb. 22, 2021 -
Flickr
Coca-Cola looks to acquire controlling interest in BodyArmor sports drink
The soda giant first purchased a minority stake in the premium performance and hydration beverage, which now generates more than $1 billion in retail sales, in 2018.
By Christopher Doering • Feb. 19, 2021 -
Courtesy of Follow Your Heart
Danone acquires plant-based pioneer Follow Your Heart
The maker of market-leading dairy-free cheeses, Vegenaise and a powdered vegan egg substitute will help the French company reach its goal of $5.7 billion in segment sales by 2025. Financial terms of the deal were not disclosed.
By Megan Poinski • Feb. 19, 2021
