Corporate
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Nestlé to invest up to $2B in sustainable packaging
The global company wants to lead the shift to food-grade recycled plastics and accelerate the development of more environmentally friendly solutions with a venture fund.
By Lillianna Byington • Jan. 17, 2020 -
Califia Farms raises $225M to expand globally
The plant-based beverage company said the financing will help grow its oat platform and launch other lines, as well as increase production capacity and R&D.
By Lillianna Byington • Jan. 16, 2020 -
Farm-grown food dyes replacing artificial ones in more products
As consumers turn to better-for-you items, the use of sustainable and clean label plant-based colors are growing in popularity.
By Cathy Siegner • Jan. 16, 2020 -
Good Catch nets General Mills in $32M financing round
The plant-based tuna company's investors also included Lightlife parent company Greenleaf Foods.
By Megan Poinski • Jan. 16, 2020 -
PepsiCo to get all its US electricity from renewable sources
The maker of its namesake soda, Gatorade and Doritos plans to reach the target later this year. America accounts for nearly half of its total global electricity consumption.
By Christopher Doering • Jan. 16, 2020 -
Danone US yogurt chief 'bullish' despite segment's broader struggles
The French company is unveiling products in 2020 that address demand for lower sugar or alternative sweetener options, different textures and more plant-based varieties.
By Christopher Doering • Jan. 15, 2020 -
Russell Stover announces 400 layoffs and 300 new jobs
Despite "strong" sales, the company said the job shifts are modifying the company's infrastructure to make sure it can meet future demand.
By Megan Poinski • Jan. 15, 2020 -
Krave embraces plant-based craze with new jerky product
The Hershey-owned snacks company said along with its product made from peas and fava beans, it's also introducing a pork rind item this month.
By Cathy Siegner • Jan. 15, 2020 -
Hershey, Cheerios and M&M's are among the most trusted brands
Morning Consult's rankings came from interviewing 16,700 consumers about their feelings for 2,000 trademarks.
By Lillianna Byington • Jan. 14, 2020 -
Wine consumption drops for the first time in 25 years
Industry tracker IWSR also said people have drank less beer annually since 2015, with 2019 volumes down 2.3%.
By Christopher Doering • Jan. 14, 2020 -
Mosa Meat gets investments and support to bring cultured meat to Europe in 2022
The Dutch company that made the first lab-grown hamburger is receiving funds from Lowercarbon Capital and animal nutrition company Nutreco, which also will help create the nutrients to grow the cells.
By Megan Poinski • Jan. 13, 2020 -
Quorn displaying carbon footprint data on some labels
The U.K. firm said the information is shown on some items sold online, making the company the first global meat-free brand to list it on products.
By Cathy Siegner • Jan. 13, 2020 -
Cell-based food maker New Age Meats raises $2.7M in funding
The California company, which has already developed a pork variety, will use the money to invest in manufacturing and develop new technology.
By Jessi Devenyns • Jan. 13, 2020 -
Heinz uncaps new HoneyRacha condiment as part of Super Bowl play
The sweet and spicy blend is part of a campaign that includes a 30-second in-game spot and specially marked packaging that unlocks prizes.
By Dianna Christie • Jan. 10, 2020 -
Mars collaborates to boost cacao yields, quality and disease resistance
The CPG company is working with Nature Source Improved Plants to develop new varieties based on enhanced genomics.
By Cathy Siegner • Jan. 09, 2020 -
Kraft Heinz names Campbell Soup snacks chief as US business head
Carlos Abrams-Rivera, who starts at the mega-company in February, has a track record of turning around products and strengthening sales.
By Megan Poinski • Jan. 09, 2020 -
Magnum thinks pink with ruby chocolate ice cream bar launch
The premium Unilever brand is the first CPG item to bring pink chocolate to the U.S. with a frozen treat that will be available nationwide next month.
By Megan Poinski • Jan. 09, 2020 -
Canadian beer consumption drops 3% in 1st year of marijuana legalization
The category recorded its worst domestic volume decline in at least six years, dropping 3.9%. That was offset by imported beer volumes, which grew 1.4%.
By Lillianna Byington • Jan. 09, 2020 -
Tyson sells Golden Island Jerky Co. and shutters plant
Jack Link's Beef Jerky bought the business for an undisclosed amount and will move operations to its facilities, resulting in the closure of a California plant and the loss of 371 jobs.
By Jessi Devenyns • Jan. 09, 2020 -
Perdue Farms launches direct-to-consumer e-commerce site
The company will sell frozen beef, pork, chicken and lamb online under its own brand, as well as Niman Ranch, Coleman Natural, Sonoma Red and Skagit Red lines.
By Cathy Siegner • Jan. 08, 2020 -
Deep Dive6 trends that will shape the food and beverage industry in 2020
What will this new year bring? We see the launch of meat substitutes that go beyond the burger, the elevation of alternative dairy products and smaller M&A deals.
By Lillianna Byington , Megan Poinski , Christopher Doering • Jan. 08, 2020 -
Tofurky launches new burger in crowded plant-based space
The non-GMO and vegan patty is a combination of soy protein, vegetable protein and wheat gluten. It will be available at Target this month.
By Lillianna Byington • Jan. 08, 2020 -
Plant-based beverage maker OWYN raises $7.5M to expand, innovate
The funding also will be used to increase the company's sales and e-commerce teams as well as broaden its retail footprint in places such as Target and Walmart.
By Jessi Devenyns • Jan. 08, 2020 -
Coca-Cola acquires full ownership of dairy brand Fairlife
The soda giant previously owned a 42.5% minority stake and decided to buy the rest of the ultra-filtered dairy business as part of its push to become a more diversified beverage company.
By Lillianna Byington • Jan. 07, 2020 -
Molson Coors to close brewery, cut 470 jobs
The Irwindale, California facility will cease operations by September, but the beer giant is offering Pabst the opportunity to buy it for $150 million.
By Megan Poinski • Jan. 07, 2020
