Corporate Operations: Page
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George Frey via Getty Images
Deep DiveAs inflation rages, food and beverage manufacturers pass higher costs on to consumers
Coca-Cola, Nestlé and General Mills are just a few of the CPGs to announce hikes as they face a jump in expenses for ingredients, manufacturing, packaging and transportation.
By Christopher Doering • May 4, 2021 -
Courtesy of Tyson Foods
Tyson expands Raised & Rooted offerings further into competitive plant-based market
The meat processing giant is debuting hamburger and sausages to grow the brand that previously had faux chicken nuggets and tenders on store shelves.
By Christopher Doering • May 3, 2021 -
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 -
Courtesy of PepsiCo
ColumnLeftovers: Smartfood and Krispy Kreme pop into a sweet mashup; Goldfish get spicy with Frank's RedHot
PepsiCo's popcorn brand finds indulgent inspiration in glazed doughnuts, and Piedmont Candy lightens up with low-sugar Thinful snack mixes.
By Food Dive staff • April 30, 2021 -
Chr. Hansen Natural Colors acquires Secna Natural Ingredients
The first deal since the company was purchased by a private equity firm brings a European provider of red and purple hues under its umbrella.
By Lauren Manning • April 29, 2021 -
Courtesy of Olam Food Ingredients
Olam to buy private label spice maker Olde Thompson for $950M
The acquisition gives the Asian company another asset in its Olam Food Ingredients portfolio, which it plans to IPO at the beginning of 2022.
By Megan Poinski • Updated April 30, 2021 -
Adeline Kon/Food Dive
Deep DiveAfter the pandemic, how is the food business likely to fare?
With recent growth rates likely to slow down, future success may depend on companies' plans to improve operations, innovate and prevent price increases.
By Megan Poinski • April 29, 2021 -
Courtesy of Beyond Meat
Beyond Meat set to return to plant-based chicken this summer, Bloomberg reports
Just two years after the faux meat maker pulled its frozen strips, the company is poised to reenter the retail category again, but this time with several large competitors.
By Christopher Doering • April 28, 2021 -
Courtesy of Oscar Mayer
Oscar Mayer introduces extensive brand refresh
Kraft Heinz is trying to revitalize the 138-year-old label as consumers reconsider legacy packaged food brands during the pandemic.
By Peter Adams • April 28, 2021 -
Agrifood tech companies raised $22.3B in funding in 2020, Finistere Ventures says
From e-commerce and biotech crops to meal kits and the supply chain, the firm said this space has experienced a CAGR of 50% in investments during the last decade, and more are likely to come.
By Megan Poinski • April 28, 2021 -
Courtesy of Waterdrop
Austria's waterdrop brings sustainable 'microdrinks' to the US
The company makes clean label cubes to be dissolved in reusable containers, with the goal of reducing single-use plastic waste.
By Lauren Manning • April 27, 2021 -
Jeff Wells/Food Dive
Private label growth poised to reignite in 2021
Following a year when national brands led growth, store brands could benefit from shifting consumer behaviors and omnichannel shopping, according to NielsenIQ and ingredients supplier Kerry.
By Jeff Wells • April 26, 2021 -
Once a trendy beverage, Jones Soda fights to convince skeptics it can ‘win again’
CPG veteran Mark Murray said the company known for its quirky flavors can "stop the bleeding" with the right leadership as it competes against PepsiCo, Coca-Cola and changing consumer habits.
By Christopher Doering • April 26, 2021 -
Courtesy of Nestle
ColumnLeftovers: Nestlé introduces LasagnaMac; Blue Diamond expands into baking mixes
The world's largest food company makes a mashup of two popular comfort foods in a limited-edition Stouffer's meal, while Keurig Dr Pepper's Crush soda flavors are featured in Bomb Pop popsicles.
By Food Dive staff • April 23, 2021 -
Adeline Kon/Food Dive
Deep DiveHow COVID-19 impacted the food business
In a four-part series, Food Dive examines how CPG sales and demand were influenced by the pandemic and what business could look like going forward.
By Megan Poinski • April 22, 2021 -
Courtesy of Barry Callebaut
Barry Callebaut CEO stepping down in October
Peter Boone, the chocolate company's president of the Americas since 2017, will replace Antoine de Saint-Affrique in September.
By Megan Poinski • April 22, 2021 -
Courtesy of International Flavors & Fragrances
IFF touts 'potential' of new company following $26.2B merger with DuPont unit
More than two months after the deal closed, the ingredients giant released unofficial sales numbers and explanatory videos to show the world its size and capabilities.
By Megan Poinski • April 22, 2021 -
Adeline Kon/Food Dive
Deep DiveWhy some food and drink companies lost sales during the COVID-19 pandemic
As consumers changed, they started looking at things to eat with a more critical eye, considering their health, well-being and wallets — and bringing declines in some categories.
By Megan Poinski • April 22, 2021 -
Retrieved from Post Holdings.
Anheuser-Busch to partner with Post to develop sustainable food
The products will use repurposed barley from EverGrain, a company backed by the beer giant, and oats with a negative carbon footprint from the cereal maker's Bright Future Foods.
By Christopher Doering • April 22, 2021 -
Courtesy of Clara Foods
Brewing eggs: AB InBev venture arm to help Clara Foods scale up animal-free protein
This partnership is the first for ZX Ventures' new BioBrew division, which will help precision fermentation companies make enough of their products to compete with those from traditional agriculture.
By Megan Poinski • April 21, 2021 -
Courtesy of Impossible Foods
CPG employment rebounded after early pandemic plunge, report says
The Consumer Brands Association said the industry lost about 170,000 jobs early on but recovered 125,000 of them by the end of the year, outpacing the broader economy.
By Lauren Manning • April 21, 2021 -
Courtesy of PepsiCo
PepsiCo to boost regenerative farming to 7M acres, equal to its entire agricultural footprint
CEO Ramon Laguarta said "a resilient food system is essential" to its business known for everything from Doritos and Quaker Oats to its namesake cola.
By Christopher Doering • April 20, 2021 -
Courtesy of Oatly
Oatly officially makes its IPO
The Swedish oat product company plans to sell $1.65 billion worth of shares at a maximum price of $17.
By Megan Poinski • Updated May 11, 2021 -
Courtesy of DouxMatok
DouxMatok launches first US product: Incredo Spreads
The hazelnut and chocolate blends, which have about half of the sugar and seven times the fiber of competitors, were designed to show consumers and manufacturers what the company's ingredient can do.
By Megan Poinski • April 20, 2021 -
Christopher Doering/Food Dive
Deep DiveCoca-Cola and PepsiCo proxy clash with activist investor over sugar hints at future skirmishes
The fight may be a prelude to more battles as shareholders seek greater influence in corporate America on issues such as politics, diversity, health and the environment.
By Christopher Doering • April 19, 2021 -
Courtesy of Hungry Planet
Post Holdings leads $25M funding round for Hungry Planet
The investment, which will enable the startup to scale its plant-based meat in retail, foodservice and e-commerce, marks an expansion of its partnership with the food giant.
By Samantha Oller • April 19, 2021
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