Corporate Operations: Page 88
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Planterra opens R&D center at expanded headquarters
The U.S. plant-based subsidiary of Brazilian meat giant JBS plans to test and develop new products at the Colorado facility as it harnesses innovation to grow in the highly competitive space.
By Samantha Oller • Aug. 23, 2021 -
Courtesy of Nestle
ColumnLeftovers: Nestlé's Lean Cuisine gets a low-carb makeover; Mtn Dew Spark makes a return
The frozen meal brand adds cauliflower-based pasta and oven-fried chicken to its lineup, and Kellogg's Eggo embraces emoticons.
By Food Dive staff • Aug. 20, 2021 -
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TrendlineHow GLP-1s are shaking up snacking
Food companies, including Danone and Nestlé, are adding more protein and changing portion sizes as weight loss medications reshape consumption patterns.
By Food Dive staff -
Courtesy of Quorn
Quorn aims to ramp up US presence with new culinary center
While the facility is equipped to test and innovate all of the company's products, it will focus on the increasingly popular chicken category.
By Jessi Devenyns • Aug. 20, 2021 -
Tim Boyle via Getty Images
PepsiCo aims to replenish more water than it consumes by 2030
The snack and beverage maker said the stringent water-use-efficiency standards would cover more than 1,000 global facilities, saving over 11 billion liters annually.
By Christopher Doering • Aug. 19, 2021 -
Courtesy of Barry Callebaut
Barry Callebaut debuts caramelized white chocolate
Caramel Aura, which taps into consumer demand for new flavors and sustainably sourced ingredients, is touted by the company as addressing both comfort and premiumization trends.
By Samantha Oller • Aug. 19, 2021 -
Courtesy of Cargill
Cargill partners with AeroFarms to increase cocoa bean yields, improve farming practices
The multiyear pact will allow the companies to test different indoor growing technologies, such as aeroponics and hydroponics, light, irrigation and nutrition, to identify optimal growing conditions.
By Christopher Doering • Aug. 19, 2021 -
Courtesy of Upside Foods
Upside Foods partners with chef Dominique Crenn to serve its cell-based chicken
The first U.S. female chef to get three Michelin stars will be a culinary counsel and recipe development assistant to the company. She will make its cultured chicken the first meat on her menu in years, once it gets regulatory approval.
By Megan Poinski • Aug. 19, 2021 -
Jonathan Leibson via Getty Images
Former Essentia investor acquires controlling stake in kombucha brand Health-Ade
Jack Belsito, managing partner of First Bev, will assume the role of CEO at the beverage brand while the co-founders will go on to fill other roles. Terms of the deal were not announced.
By Jessi Devenyns • Aug. 18, 2021 -
Courtesy of Instacart
Beyond Meat files for trademark on Beyond Milk name
The document filed with the U.S. government said the patent would cover "making milk shakes; coffee or tea beverages with milk or milk substitutes."
By Christopher Doering • Aug. 17, 2021 -
Permission granted by Native.AI
How Native.AI is bringing consumer data closer to manufacturers
The company, which has attracted funding and attention from major players in the CPG industry, uses artificial intelligence to decode consumer comments and product reviews into useful information.
By Megan Poinski • Aug. 17, 2021 -
Christopher Doering/Food Dive
Deep DiveHas the hard seltzer bubble popped? Analysts and beer makers say not so fast
Despite the abrupt warning by Truly maker Boston Beer in July that it overestimated demand, many predict further growth in the category and a few major players to eventually dominate.
By Christopher Doering • Aug. 16, 2021 -
Retrieved from Box Tops for Education on August 12, 2021
General Mills unlocks mobile rewards with back-to-school campaign
The mobile activation is a central part of both the sweepstakes and the CPG giant's efforts to drive online orders for retailers that sell its products.
By Robert Williams • Aug. 16, 2021 -
Courtesy of General Mills
ColumnLeftovers: General Mills' Pillsbury rolls out baking kits; Unilever and Chrissy Teigen fry up a new sauce
The Minnesota-based company sees opportunity in do-it-yourself baked goods during the pandemic, and Cappello's offers up keto-friendly frozen pizza with a secret ingredient.
By Food Dive staff • Aug. 13, 2021 -
Retrieved from Pilgrim's Pride on September 23, 2020
JBS withdraws proposal to buy the rest of Pilgrim's Pride
The poultry producer repeatedly rejected the Brazilian company's offers, saying the price it put forward was too low.
By Megan Poinski , Christopher Doering • Updated Feb. 17, 2022 -
Courtesy of Kalera AS
Vertical farming firms get global ambitions
Kalera's acquisition of Germany's &ever GmbH and 80 Acres Farms' plans for its recent $160 million of new funding highlight the big expansion goals of U.S. growers.
By Samantha Oller • Aug. 12, 2021 -
Courtesy of Impossible Foods
Ahead of potential IPO, Impossible Foods promotes chief accountant to CFO
David Borecky, who oversaw $700 million in capital raises to help the company grow its footprint during the pandemic, is prioritizing reduced prices to increase accessibility to its plant-based meat.
By Jane Thier • Aug. 12, 2021 -
Permission granted by Sensient
Debut Biotech partners with DIC to develop natural colors for food
Fresh off a $22.6 million funding round, the upstart aims to show how its cell-free biomanufacturing platform can overcome some of the existing barriers to creating all-natural and biodegradable pigments.
By Lauren Manning • Aug. 12, 2021 -
Courtesy of Impossible Foods
Impossible Sausage debuts in grocery stores
The plant-based pork product, which first launched in foodservice in 2020, will be available in Savory and Spicy varieties at several retail locations nationwide.
By Megan Poinski • Aug. 11, 2021 -
Courtesy of Freshly
Freshly launches plant-based meals
The debut of the Purely Plant line was sped up by Nestlé's acquisition of the company late last year, said co-founder and CEO Mike Wystrach.
By Catherine Douglas Moran • Aug. 11, 2021 -
Scott Olson via Getty Images
Coca-Cola closing pair of bottling plants affecting nearly 500 workers
The decision to shutter the facilities, expected in 2023, comes as the beverage giant says it is repositioning its portfolio to better respond to changing consumer tastes.
By Christopher Doering • Aug. 10, 2021 -
Courtesy of PepsiCo
PepsiCo and Boston Beer's Hard Mtn Dew to hit stores in February
The beverage, which contains 100 calories and has 5% alcohol by volume, will be available in a limited number of states.
By Christopher Doering • Updated Jan. 31, 2022 -
Courtesy of Super Coffee
Super Coffee parent company raises $106M to continue expansion
The funding round, led by Durable Capital Partners and with participation from leaders from Boston Beer and Schnuck Markets, brings the startup's valuation to more than $500 million, Bloomberg reports.
By Jessi Devenyns • Updated Dec. 6, 2021 -
Courtesy of Danone
Danone's Silk launches plant-based Greek yogurt
With the thick, protein-packed variety dominating the dairy-based segment, the company's new offer aims to recreate its success.
By Megan Poinski • Aug. 10, 2021 -
Courtesy of Finless Foods
Why Finless Foods is taking the plunge into plant-based fish
The company, one of the first dedicated to cell-based seafood, created the product while doing R&D for its cultured bluefin tuna and sees it as a way to transform into a food producer.
By Megan Poinski • Aug. 9, 2021 -
Sanderson Farms to be acquired by Cargill and Continental Grain for $4.53B
Combining the poultry producer with Continental's Wayne Farms subsidiary will give the new entity about 15% of U.S. chicken production. The deal is subject to regulatory approval.
By Megan Poinski , Christopher Doering • Updated Aug. 9, 2021
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