Corporate Operations
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Column
Leftovers: Oatly spreads into cream cheese; Kellogg harvests better-for-you Pringles
The Swedish oat milk maker’s new items come in Plain and Chive & Onion flavors, and Sam Adams provides beer drinkers with excuses to say no to their responsibilities.
By Food Dive staff • June 9, 2023 -
Jones Soda names former PepsiCo executive as new CEO
David Knight will take over at the company known for flavors such as Blue Bubblegum and Turkey-and-Gravy on June 23. He replaces Mark Murray, who is retiring.
By Christopher Doering • June 9, 2023 -
Explore the Trendline➔
Drew Angerer via Getty ImagesTrendlineThe Food Dive Outlook on 2023
Continued volatility, a focus on sustainability and technology playing a bigger role in giving consumers what they want are playing a huge part in the trends we see for 2023.
By Food Dive staff -
Retrieved from Lifeway Foods.
Lifeway Foods shareholder blasts CEO and board, calls for sale of the kefir maker
Kanen Wealth Management, which owns 4.1% of the company, claims the board and chief executive are “mis-managing the business” and not looking out for shareholders.
By Christopher Doering • June 8, 2023 -
IFF taps Kellogg exec to lead food ingredients division
Yuvraj Arora will oversee Nourish, which is the largest business segment of the New York-based company.
By Megan Poinski • June 8, 2023 -
General Mills is bringing Häagen-Dazs to the yogurt aisle
The product, available in six flavors, is made with fresh milk and cream as well as real fruit and ingredients, such as bourbon vanilla beans sourced from Madagascar and handpicked strawberries.
By Christopher Doering • June 6, 2023 -
MyForest Foods gets $15M investment and new CEO to continue growth
The funds, which came from parent company Ecovative Design, will be used to drive the further expansion of mycelium bacon and other products.
By Megan Poinski • June 6, 2023 -
Quorn partners with Prime Roots to help its expansion
The U.K. company that pioneered mycelium for food also invested an undisclosed amount in the deli meat alternative maker.
By Megan Poinski • June 5, 2023 -
Hormel Foods plans further price increases as costs remain elevated
The owner of Jennie-O, Spam and Planters said while additional pricing decisions will help it manage expenses, it’s keeping a close watch on how they impact consumer buying habits.
By Chris Casey • June 2, 2023 -
Retrieved from Perfect Bars.Column
Leftovers: Mondelēz layers more flavors onto Perfect Bar | Splenda splashes into drink mixes
The snack brand is debuting Crispy Peanut Butter offerings in chocolate and berry varieties, and Alouette brings its signature brie to the barbecue with a product designed for grilling.
By Food Dive staff • June 2, 2023 -
How Givaudan aims to get ahead of future food trends with AI platform
With its new “futurescaping” technology for food and beverage applications, the ingredient company aims to blend artificial and human intelligence to predict upcoming shifts in consumer desire.
By Chris Casey • June 1, 2023 -
Kellogg’s CIO lays out IT roadmap for company split
The food manufacturing giant will become two separate companies by the end of 2023. That shift brings along technical challenges — and some potential upsides.
By Roberto Torres • June 1, 2023 -
VC funding for food and beverage plunging amid challenging environment, data shows
During the last four quarters, the amount of money raised and the number of deals have fallen significantly compared to the same period the year before, according to PitchBook.
By Christopher Doering • May 31, 2023 -
How Smucker will use liquid coffee to win over Gen Z
A new Dunkin’ product that makes hot or cold beverages in seconds hits shelves in July. The company says it will unlock its future in the space.
By Megan Poinski • May 30, 2023 -
Campbell Soup sells Emerald nuts business to Flagstone Foods for undisclosed amount
The nut-focused brand was an outlier in the CPG giant’s broader snacking business, which includes chips, popcorn, cookies, pretzels and crackers.
By Christopher Doering • May 30, 2023 -
Three in four consumers say food impacts their mental well-being, survey finds
A new report from the International Food Information Council found stress led 51% of people to consume items that are less healthy.
By Chris Casey • May 26, 2023 -
Price hikes pushed snack sales up 15.6% in 2022 as volumes declined, report says
The category represents more than a quarter of the food and beverage market, but a Circana analyst warned that increases might be going too far.
By Megan Poinski • May 25, 2023 -
Egg prices decline as flocks rebuild, bird flu’s impact wanes, analyst says
The wholesale cost for a dozen has plunged from more than $5 to 84 cents, which could prompt consumers to purchase more of the popular commodity.
By Chris Casey • May 25, 2023 -
Upcycled Foods Inc.’s chief innovation officer aims to unlock ‘treasure’ in spent ingredients
Lara Ramdin said her company sees a burgeoning marketplace for reused items such as leftover grain from beer making, cacao fruit syrup and coffee leaves.
By Chris Casey • May 24, 2023 -
DouxMatok rebrands to Incredo LTD as it raises $30M
The Israeli company also announced a joint development agreement with Ferrero, which could provide many big opportunities for the sugar reducing ingredient to show its capabilities.
By Megan Poinski • May 24, 2023 -
Wicked Kitchen buys plant-based raw fish maker Current Foods
The all-stock deal is the CPG company’s second alternative seafood acquisition in eight months, and broadens its holdings in an area primed for growth.
By Megan Poinski • May 23, 2023 -
Q&A
How Smucker works toward sustainable coffee and brews new innovation
In the second part of this Q&A, Coffee General Manager Joe Stanziano talks about the segment’s sustainability challenges and future plans.
By Megan Poinski • May 23, 2023 -
Retrieved from AB InBev.
AB InBev to discontinue Babe wine and Hiball energy brands
The alcohol giant told wholesalers that the decision was made to better focus the company and simplify it for growth by prioritizing its mega brands while supporting “choiceful innovations.”
By Christopher Doering • May 22, 2023 -
Major tea companies linked to plantations with reported human rights abuses, report says
Companies including Unilever, Ekaterra and Starbucks said they are working to address these issues through greater supply chain transparency.
By Chris Casey • May 22, 2023 -
Ferrero brings Kinder Chocolate to the US
The flagship product of the popular candy brand is a large part of the European confectioner’s plan for North American growth.
By Megan Poinski • May 22, 2023 -
Beyond Meat launches smash burgers in foodservice
The new offering brings a plant-based version of the trendy thin and deeply flavored burgers to operators nationwide.
By Megan Poinski • May 19, 2023