Corporate Operations
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PepsiCo launches pilot to cultivate next generation of farmers
The effort provides job pathways for beginning producers and young people to be successful on the farm or within the agriculture industry at large.
By Sarah Zimmerman • July 26, 2024 -
Mondelēz International taps Nestlé, P&G veteran as tech chief
Filippo Catalano will join the organization later this year, reporting directly to its CEO.
By Roberto Torres • July 26, 2024 -
Trendline
Mergers and acquisitions
While the days of transformational megadeals in the food and beverage sector have subsided, the value of M&A hasn’t lost its importance for many executives.
By Food Dive staff -
Health, taste and texture: What Ingredion’s new chief innovation officer is prioritizing
Mike Leonard stressed the importance of working with experts before debuting new health focused products.
By Elizabeth Flood • July 25, 2024 -
Danone partners with Microsoft to scale AI projects
As the dairy company looks to technology to drive operational efficiency, it aims to upskill 100,000 workers to become more comfortable with digital tools.
By Chris Casey • July 25, 2024 -
Meati Foods new CCO, CEO look to avoid plant-based pitfalls
The mycelium-based meat maker is looking to go back to its roots and nail down its messaging in a burgeoning category.
By Elizabeth Flood • July 25, 2024 -
After $3B sale by PepsiCo, Tropicana goes about juicing up its business
The company, which owns its namesake brand, smoothie maker Naked and probiotic drink KeVita, is prioritizing innovation and new consumption occasions to drive growth.
By Christopher Doering • July 24, 2024 -
Food and beverage innovation plunges nearly 50% since 2007: Mintel
The market research firm said about a quarter of items introduced between January and May of 2024 were genuinely new products.
By Christopher Doering • July 23, 2024 -
Keurig Dr Pepper to close Virginia coffee plant, impacting 379 people
The shuttering of the facility, which manufactures K-Cup pods, comes as the beverage giant ramps up production in South Carolina.
By Christopher Doering • July 22, 2024 -
How a candy lover is bringing discontinued sweets back from the dead
Ellia Kassoff has reintroduced once-popular brands like Wacky Wafers and Hydrox cookies after claiming “corporate mismanagement” caused them to be discontinued.
By Christopher Doering • July 22, 2024 -
New snack launches propel annual dairy aisle sales to $76B: CoBank
From snackable cheese kits to dessert-inspired Greek yogurt, Chobani and other manufacturers are transforming the category to meet changing demands and taste preferences.
By Chris Casey • July 22, 2024 -
General Mills taps CPG veteran to spur growth
Asheesh Saksena, who previously served in the C-suite at Gap, Inc. and Best Buy, will help the food company diversify its portfolio.
By Chris Casey • July 18, 2024 -
Roquette, Bonumose partner to boost tagatose production
The ingredients businesses are joining forces to scale the natural sweetener, giving food and beverage formulators a better-for-you alternative to sugar.
By Chris Casey • July 18, 2024 -
Danone, Nestlé join over 130 companies in call to reverse biodiversity loss ahead of COP16
A coalition of businesses across various industries are pressing world leaders to take action on an issue often overlooked by corporate sustainability plans.
By Sarah Zimmerman • July 18, 2024 -
Column
The Weekly Sip: Coca-Cola taps YouTube stars for BodyArmor collab | Evolution Fresh bursts into better-for-you soda
The sports drink is launching its latest offering with the influencers behind Dude Perfect, and California brewery Fieldwork debuts a line of nonalcoholic beverages.
By Food Dive staff • July 18, 2024 -
Kraft Heinz names former Pepsi marketer Todd Kaplan as North America CMO
The decorated CPG marketer, who spent nearly 20 years at PepsiCo, is tasked with realizing modern marketing capabilities that can unlock new growth.
By Peter Adams • July 17, 2024 -
Kellanova brings waffle flavor to a mug with Eggo Coffee
The food giant is taking its breakfast brand into the lucrative morning beverage category where it will compete with offerings from companies such as Nestlé and J.M. Smucker.
By Chris Casey • July 17, 2024 -
Ferrero’s Famous Amos returns to its original recipe after brand overhaul fails to resonate
The snack maker is altering the nearly 50-year-old cookie’s ingredients list again, redesigning the packaging and lowering the price.
By Christopher Doering • July 17, 2024 -
From meatballs to deli dominance: How a former Mondelēz exec is building a $1B food company
CEO Adam Michaels has cut millions in spending from Mama’s Creations and added dozens of new foods like olives and pasta salad through acquisitions.
By Christopher Doering • July 16, 2024 -
PepsiCo CEO sees lower prices across parts of its snacking portfolio
Ramon Laguarta said some of its products, such as unsalted potato or tortilla chips, need a “value reset” as inflation and higher borrowing costs weigh on U.S. consumers.
By Christopher Doering • July 15, 2024 -
Pernod Ricard creates dedicated US whiskey company
The Jameson maker is growing its spirits operations following investments in brands such as Rabbit Hole and Jefferson’s.
By Chris Casey • July 15, 2024 -
Nestlé’s Nespresso opening ‘immersive’ coffee boutiques across US
The outlets are tailored to Gen Z and others wanting to learn more about coffee and establish a deeper connection with the premium brand.
By Christopher Doering • July 15, 2024 -
Tyson agrees to sell Georgia poultry complex
The deal with House of Raeford Farms comes after months of cost cutting at the meat and poultry giant, including plant closures and layoffs.
By Nathan Owens • July 12, 2024 -
Retrieved from Instagram on July 10, 2024Deep Dive
How influencers are changing the way food and beverage companies harness social media
The days of relying on expos and conventions are long gone. Companies are now embracing Instagram and TikTok and working with influencers to stay relevant.
By Elizabeth Flood • July 11, 2024 -
Chobani introduces shelf-stable low-fat dairy milk for a cause
Super Milk, which will not be sold in stores, is being manufactured as a donation to communities facing natural disasters or food insecurity.
By Christopher Doering • July 9, 2024 -
Nonalcoholic beer maker Athletic boosts coffers with $50M investment
The financing round, which values the brewer at around $800 million, will help fund the fast-growing company’s expansion efforts.
By Christopher Doering • July 9, 2024