Corporate Operations: Page 24

  • Poppi's Fortnite game
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    Courtesy of Poppi
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    Inside Poppi’s push into gaming as prebiotic soda marketing bubbles up

    PepsiCo this week finalized a $1.95 billion acquisition of the brand, which has used a “community- and culture-first approach” to marketing.

    By Chris Kelly • May 20, 2025
  • Packages of breathROX mints
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    Christopher Doering/Food Dive
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    Popping breath mints, chocolate with protein: 5 products showcase the future of snacking

    Treats with health and nutritional benefits were front and center at the 2025 Sweets & Snacks Expo, where more than 1,000 exhibitors displayed innovations.

    By • May 20, 2025
  • Mergers and acquisitions Explore the Trendline➔
    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
  • Daily Havest protein shakes
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    Courtesy of Daily Harvest
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    Chobani buys plant-based food maker Daily Harvest

    The acquisition broadens the dairy giant’s reach into ready-to-make meals that include smoothies, pasta and breakfast bowls.

    By • May 16, 2025
  • Eggs are seen in cartons in a grocery store
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    Getty Images
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    Grocery inflation begins to lose steam

    Food-at-home prices in April saw the smallest month-over-month increase since 2020, the Bureau of Labor Statistics reported.

    By Sam Silverstein • May 16, 2025
  • An ingredients list is seen for Airheads candy
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    Justin Sullivan via Getty Images
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    More food companies are reformulating amid push to remove artificial ingredients

    Ingredients suppliers have reported booming sales as the industry looks to tap into consumer health trends and comply with demands from Health Secretary Robert F. Kennedy Jr. 

    By • May 15, 2025
  • Boxes of Kellogg's Special K cereal are displayed on shelves
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    Brandon Bell via Getty Images
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    Breakfast cereal is in dire need of a makeover

    As sales continue to erode, companies like General Mills and WK Kellogg want to revamp the category's image by tapping into health and wellness trends.

    By • May 15, 2025
  • A sample of products sold by Post Holdings including Peter Pan peanut butter and Grape-Nuts cereal.
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    Christopher Doering/Food Dive
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    Tariffs are slowing ‘what was an active M&A pipeline’ for Post Holdings

    The Bob Evans and Fruity Pebbles owner is instead focused on smaller deals that increase capacity and potentially open the door to enter private label.

    By • May 14, 2025
  • mrbeast
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    Christopher Doering/Food Dive
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    MrBeast and Jack Link’s team up on jerky and meat sticks for kids

    The beef snacks brand aims to grow its presence among Gen Z and Gen Alpha consumers by partnering with the YouTube star.

    By • May 14, 2025
  • A bag of Utz lemonade-flavored chips.
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    Permission granted by Utz
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    Utz holds financial guidance amid tariffs

    The food manufacturer said it's largely insulated from the levies given its domestic production.

    By Kate Magill • May 13, 2025
  • Bottles of Oikos Protein Shakes
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    Courtesy of Danone
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    Danone brings Oikos into the $7 billion protein shake market

    The offering is part of a broader effort by the CPG giant to bring its yogurt brands into new, fast-growing food categories.

    By • May 13, 2025
  • A photo of nutritional shakes are seen against a backdrop of strawberries
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    Courtesy of Kate Farms
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    Danone to buy majority stake in plant-based nutrition shake maker Kate Farms

    The yogurt giant is building up its specialized nutrition business in the U.S. as it sees strong momentum for medical feeding products abroad.

    By • May 12, 2025
  • Ferrero's Nutella Peanut spread
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    Courtesy of Ferrero
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    Ferrero launches a Nutella spread with peanuts to fuel US growth

    The product, the first flavor innovation for the 61-year-old cocoa and hazelnut brand, will reach store shelves next spring.

    By • May 9, 2025
  • ADM logo displayed at the entrance to a building
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    Getty Images
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    ADM ingredients business ‘on path to recovery’ after accounting scandal

    The crop trader’s CEO said demand for natural flavors and colors is boosting profits at the company’s beleaguered nutrition unit.

    By • May 8, 2025
  • A Beyond Meat burger, meatball as well as a chicken nuggets lay on a table
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    Joe Raedle via Getty Images
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    Beyond Meat secures $100M to pay down debt as plant-based sales suffer

    The alternative meat producer said volumes dropped by nearly a quarter in the U.S. due to a distribution hiccup and cautious consumer spending. 

    By • May 8, 2025
  • Pop-Tarts displayed in a Target in LA, California on Oct. 12, 2023
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    Mario Tama via Getty Images
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    Kellanova CFO resigns, joins Johnson & Johnson spinoff

    As Kenvue’s CFO, Amit Banati is set to receive a $2.5 million one-time cash bonus, the company said.

    By Grace Noto • May 8, 2025
  • Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City.
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    Spencer Platt via Getty Images
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    PepsiCo taps Amazon Web Services to accelerate digital transformation, AI adoption

    The snack and beverage maker plans to improve real-time insights as part of a multiyear partnership with AWS.

    By Lindsey Wilkinson • May 8, 2025
  • Products made by Hain Celestial
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    Permission granted by Hain Celestial
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    Hain Celestial CEO exits as Sleepytime tea maker conducts portfolio review

    The healthy food and beverage manufacturer’s stock has fallen to a record low as it struggles with mounting competition and falling sales.

    By • May 7, 2025
  • Sha'Carri Richardson gets set on a track in a Sprite ad
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    Courtesy of Sprite
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    How Sprite surpassed Pepsi by living and breathing pop culture

    The Coca-Cola brand, which relaunched its “Obey Your Thirst” platform last year, recently became the No. 3 carbonated soft drink in the U.S.

    By Chris Kelly • May 7, 2025
  • Cans of Ghost Energy drinks.
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    Retrieved from Ghost.
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    Ghost ends Sour Patch, Oreo flavor collaborations after Mondelēz lawsuit

    The snacks giant said the brand broke its partnership, which included the sale of Sour Patch energy drinks, when it agreed to sell its assets to Keurig Dr Pepper for over $1 billion last fall.

    By • May 6, 2025
  • Bottles of Just Ice Tea.
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    Courtesy of Just Ice Tea
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    The Honest truth: Just Ice Tea filling void left by Coca-Coca

    After Honest Tea was discontinued by the beverage giant in 2022, its co-founder saw an opportunity in the market for an organic, less sweet drink.

    By • May 6, 2025
  • A person holds a silver-wrapped Choco Taco ice cream novelty
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    "Choco Taco." by tbiley is licensed under CC BY 2.0
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    Opinion

    The snacks we grew up with are at risk of disappearing from shelves – if they haven’t already

    Beloved products trusted for generations are now facing a crisis as rising costs, shifting purchasing patterns and regulatory scrutiny pressure legacy brands, writes Keren Novak of Curion.

    By Keren Novack • May 5, 2025
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    Scott Olson via Getty Images
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    Hershey seeks tariff exemption for cocoa from White House

    The Kisses maker said duties on the commodity, which cannot be grown in the U.S., is expected to result in millions of dollars in extra costs.

    By • May 2, 2025
  • Pepsi and Walmart are collaborating on a $120M investment in regenerative agriculture.
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    Courtesy of Walmart
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    Why HowGood thinks food industry climate goals will withstand Trump rollback

    The emissions tracking platform said companies are still looking for new ESG tools, even as regulatory pressures shift.

    By • May 1, 2025
  • A package of Chef Boyardee's
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    Courtesy of Conagra Brands
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    Conagra to sell Chef Boyardee to private equity firm for $600M

    The sale comes as the CPG giant focuses on its core snacks and frozen meals offerings, including Slim Jim and Healthy Choice.

    By • May 1, 2025
  • twisted tea
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    Courtesy of Twisted Tea
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    Column

    The Weekly Sip: Boston Beer throws a tea party | PepsiCo pours Lipton into lemonade

    In other beverage news, women-founded brand Gorgie raised $24.5 million for its better-for-you energy drink.

    By • May 1, 2025