Corporate Operations: Page 139
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Plant-based cheesemaker Parmela Creamery raises $1.25M to grow brand recognition
The company, which makes non-GMO cultured items from cashew milk, said it wants to be known for making nutcheese "the world's first option."
By Cathy Siegner • June 20, 2019 -
Mondelez acquires majority stake in Perfect Bar owner
The purchase expands the food giant's reach into the $89 billion snacking segment increasingly popular with on-the-go consumers.
By Christopher Doering • Updated July 18, 2019 -
Trendline
Mergers and acquisitions
Declining sales and slowing consumption have more companies divesting brands, opening the door for smaller players and private equity firms to expand their portfolios.
By Food Dive staff -
FDA clarifies 'added sugars' labeling rules for honey and maple syrup
The agency also said cranberry products such as Craisins and beverages must declare how much extra sweetener is included in grams and the percent Daily Value that it makes up.
By Cathy Siegner • June 20, 2019 -
Kellogg plans to cut 150 more North American jobs
The cereal maker will take a $35 million pretax hit as it continues to try to streamline as part of its cost-cutting Project K program.
By Jessi Devenyns • June 19, 2019 -
Domino goes for the gold with its new sugar product
This less-processed option can be used to replace the granulated white variety in recipes, the company says — and attract consumers focused on more natural ingredients.
By Cathy Siegner • June 18, 2019 -
USDA
Arla Foods uses AI to steer milk projections
Using this new technology, the Denmark-based cooperative said its annual production can be forecast in a few hours, increasing efficiency and sustainability.
By Cathy Siegner • June 17, 2019 -
Can Campbell Soup reinvent its namesake product?
The company is planning plant-based options, trendy bone broth and new recipes to help reheat the category.
By Jessi Devenyns • June 17, 2019 -
Kraft wants parents to lie to kids with 'Salad Frosting'
Its "#LieLikeaParent" campaign could create the wrong kind of online sensation at a time when the beleaguered company is hungry for a turnaround.
By Kira Barrett • June 14, 2019 -
How one father and son duo is tackling the organic industry
Ethan Hirshberg followed his dad Gary, who co-founded Stonyfield, by launching his own organic business in 2017. The pair regularly share insight and discuss industry trends.
By Lillianna Byington • June 14, 2019 -
CPG companies haven't shown significant progress on sustainability goals, report claims
Greenpeace challenged 50 companies in early 2019 to "demonstrate meaningful effort" to eradicate deforestation from their supply chain but none have followed through.
By Jessi Devenyns • June 14, 2019 -
Column
Leftovers: Berries capitalize on the rosé trend; Mega Stuf Oreo O's launch for breakfast
As the weather heats up, berry growers are trying to cash in on the millennial pink trend, and Michelob Ultra may have found an Earth-friendly way to help consumers decide whether to enter a marathon.
By Food Dive staff • June 14, 2019 -
Turmeric extract eases osteoarthritis symptoms, study finds
Researchers said the ingredient was as effective in easing pain for people with the joint disease as nonsteroidal anti-inflammatory drugs, and patients taking it experienced fewer side effects.
By Cathy Siegner • June 13, 2019 -
Coca-Cola's Costa Coffee launches RTD beverage in the UK
The chilled, canned brew is the first product major product launch for the soda giant since it closed a $5.1 billion purchase of the British chain earlier this year.
By Jessi Devenyns • June 13, 2019 -
Ugly produce companies aim for East Coast expansion
Misfits Market is moving down the Eastern Seaboard, and Imperfect Produce wants to reach more subscribers in the Northeast.
By Jennifer Sweeney • June 13, 2019 -
Flavor giant IFF rebrands in bid to unlock growth opportunities
Following a barrage of acquisitions since 2015, the New York-based company is sharpening its focus into three areas: nutrition and ingredients, taste and scent.
By Megan Poinski • June 13, 2019 -
Deep Dive
Tyson to unleash Big Food push into plant-based meats with new products
The protein giant is the latest CPG company to enter the rapidly growing space where Beyond Meat and Impossible Foods dominate. Perdue Farms, Nestlé and Hormel Foods also plan to enter the nascent market.
By Christopher Doering • June 13, 2019 -
Kind campaign bites into Clif Bar over nutritional claims
The snack brand's latest 30-second TV spot dramatizes how much sugar is in its competitor's products.
By Robert Williams • June 12, 2019 -
Can New York City solve waste and health problems through a food sustainability initiative?
The city joins London and São Paulo in the three-year initiative sponsored by the Ellen MacArthur Foundation, working with global corporate partners to try to improve financial, health and ecological outcomes with a circular economy.
By Cathy Siegner • June 12, 2019 -
Perdue gets into plant-based food with blended Chicken Plus line
Starting this fall, patties, nuggets and tenders made of cauliflower, chickpeas and white meat chicken will come to grocers' shelves.
By Lillianna Byington • June 12, 2019 -
Ocado makes more tech-focused food investments
Following its investment in meal-assembly robotics, the online grocery provider will provide funding and expertise to two indoor farming ventures.
By Lauren Manning • June 12, 2019 -
Dairy and meat alternatives rake in the most investments in 2018
A new report shows plant-based continues to be a defining trend, but notes salty snacks, keto and CBD are categories investors should be watching.
By Jessi Devenyns • June 11, 2019 -
Megan Poinski/Food Dive
Deep Dive4 eye-catching trends on the IFT19 show floor
If this trade event is any indication, expect to see a lot of pea protein, alternative sweeteners, previously blacklisted ingredients and CPGs successfully crossing over in the years ahead.
By Megan Poinski • June 10, 2019 -
Monster may energize its portfolio with alcohol and cannabis
The energy drink giant may be looking to acquire different types of beverages, The Wall Street Journal reported.
By Lillianna Byington • June 10, 2019 -
Where's the plant-based beef? Grocers uncertain about Beyond Meat placement
While the company wants to compete directly with real meat, some retailers argue that the product is better suited for the frozen food aisle or vegan protein section.
By Jessica Dumont • June 10, 2019 -
Before the Butcher CEO: 'We are one of the next big players out there'
As plant-based meat heats up, it doesn't get hotter than this startup founded by a Beyond Meat alumnus, which announced a large-scale retail launch and its acquisition by the owners of Jensen Meat all in one week.
By Megan Poinski • June 10, 2019
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