Corporate Operations: Page 102
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Smithfield pledges 10% sugar and sodium reduction in all products
Along with a promise for cleaner labels, the meat company added a health and wellness pillar to its sustainability commitment at a time when consumers want food that is better for them.
By Mike De Socio and Samantha Oller • Feb. 1, 2021 -
Courtesy of Future Meat Technologies
Future Meat Technologies makes cell-based chicken costing $7.50 and gets $26.75M funding
The Israel-based cultured meat company is planning to get its products on plates in 2022 — or earlier if regulatory agencies move faster.
By Megan Poinski • Feb. 1, 2021 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 5 stories from Food Dive
The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future.
By Food Dive staff -
Christopher Doering/Food Dive
Bang owner files suit against PepsiCo over distribution of new hard seltzer beverage
Quash Seltzer, which has common ownership with the energy drink brand, said the CPG giant is blocking its efforts to create a distribution network — causing economic harm "in the billions of dollars."
By Christopher Doering • Feb. 1, 2021 -
Courtesy of Kraft Heinz
ColumnLeftovers: Kraft Heinz thinks pink with Candy Mac & Cheese; Slice of Sauce makes condiments mess-free
The CPG giant puts a sweet spin on a pantry staple, and Gr8nola taps into girl power to create its latest peanut butter variety.
By Food Dive staff • Jan. 29, 2021 -
Courtesy of Hellowater
Hellowater partners with agricultural company on toxin-fighting beverage line
The collaboration with Brandt, which develops technologies to boost crop yields, represents the latest leap in functionality for the competitive enhanced water segment.
By Jessi Devenyns • Jan. 29, 2021 -
Courtesy of Stryve Foods
Stryve Foods set to go public with closing of SPAC deal
The merger with SPAC Andina Acquisition Corp. III was approved on Monday, with the biltong maker expected to begin trading on the NASDAQ on or about July 21.
By Christopher Doering • Updated July 20, 2021 -
Megan Poinski/Food Dive
Utz retires century-old Husman's snack brand
Flagging sales pushed the company to shutter the longtime Pennsylvania label, as it focuses on developing a salty snacks platform that is in line with modern consumer preferences.
By Jessi Devenyns • Jan. 28, 2021 -
Courtesy of BioNTech
CPG makers feel impact of 'inconsistent' vaccination program, trade group says
In a memo to the White House, the Consumer Brands Association said states and counties have "have outright de-prioritized frontline essential workers," which includes 1.7 million of its members.
By Christopher Doering • Jan. 28, 2021 -
Courtesy of DouxMatok
DouxMatok names executives to bring Incredo Sugar to the US
The Israel-based maker of a sweetener that can reduce sugar content by 40% plans to have the ingredient in products this year.
By Megan Poinski • Jan. 28, 2021 -
Courtesy of Stony Brook WholeHeartedFoods
Pumpkin seeds shift beyond seasonal as their functional qualities shine
A good source of nutrients and crunch, the high-protein, highly versatile ingredient is taking center stage in snacks, cereals and even oils.
By Samantha Oller • Jan. 28, 2021 -
Courtesy of Courtesy of Sproud
Sproud raises $6.6M for North American expansion of pea-protein milk
The company is tackling the crowded U.S. dairy alternatives market with a sustainability hook, and the potential of repeating the success of fellow Swedish plant-based milk manufacturer Oatly.
By Samantha Oller • Jan. 27, 2021 -
Courtesy of Ukko
Ukko raises $40M for AI-enabled food allergy solutions
The company is making a nonallergenic version of gluten and a peanut tolerance treatment based on a safe version of the legume's protein.
By Megan Poinski • Jan. 27, 2021 -
Hippeas raises $50M to fund innovation and expansion plans
The chickpea snack maker also picked C-suite veteran Greg Buscher as its CFO and added investor and former PepsiCo and Mondelez executive César Melo to its board.
By Jessi Devenyns • Jan. 27, 2021 -
Courtesy of Radius Networks
Online packaged food and beverage sales could top $100B in 2021
Grocery is now the top e-commerce CPG category, according to FMI and NielsenIQ, with dollar sales up 125% last year.
By Jeff Wells • Jan. 26, 2021 -
Courtesy of Molson coors
Molson Coors returning commercial operations of Superbird to Casa Komos
The beer giant, which has expanded the tequila-based cocktail into 24 states since a January 2021 partnership was struck, will have a minority stake in the brand’s parent company.
By Christopher Doering • Updated Aug. 22, 2022 -
Courtesy of The Coca-Cola Company
Coke delivers coffee-flavored soda from Walmart by drone
The stunt marks Coca-Cola with Coffee's official debut in the U.S., its 50th market since the product launched in Japan in 2018.
By Robert Williams • Jan. 26, 2021 -
Retrieved from Hungry Planet.
Post's dealmaking push accelerates with plant-based Hungry Planet partnership
Under the agreement, the St. Louis-based CPG company will distribute the upstart's meat-free burgers, chicken patties, sausage and crab cakes in grocery stores and to foodservice.
By Christopher Doering • Jan. 26, 2021 -
Retrieved from PepsiCo on March 07, 2019
PepsiCo and Beyond Meat to debut jerky snack as part of joint venture, Bloomberg reports
The two companies announced a partnership last January to develop, produce and market snack and beverage products made from plant-based protein.
By Christopher Doering • Updated Jan. 20, 2022 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
White House withdraws Trump-era rule to permanently increase poultry line speeds
The USDA said revoking the measure, which would have increased line speeds to 175 birds per minute from 140, is part of a broader review of rules by the new administration.
By Christopher Doering • Jan. 26, 2021 -
Courtesy of Budweiser
Budweiser skips Super Bowl, reallocates ad budget to COVID-19 support
The AB InBev flagship will forgo a big game spot for the first time in 37 years, opting instead for vaccine awareness efforts that include a digital short film.
By Chris Kelly • Jan. 25, 2021 -
Courtesy of Eat Just
Plant-based Just Egg to launch sous vide bites
The egg substitute brand is adding a trendy product as more people look for vegan breakfast options.
By Megan Poinski • Jan. 25, 2021 -
Retrieved from Pilgrim's Pride on September 23, 2020
JBS USA and Pilgrim's offering workers $100 bonus to get COVID-19 vaccine
A small but growing number of food and grocery companies have offered cash or time off to get the shot, including Chobani, Instacart and Lidl.
By Christopher Doering • Jan. 25, 2021 -
Courtesy of Chobani
Chobani to give its 2,220 workers up to 6 hours off to get COVID-19 vaccine
The Greek yogurt maker said it's looking into hosting on-site vaccination clinics as soon as food processing workers become eligible for the shot.
By Christopher Doering • Jan. 22, 2021 -
Retrieved from Unilever on November 17, 2020
Unilever promises living wages to those directly supplying goods and services by 2030
The initiative, which would affect millions of workers across 190 countries, burnishes the company's reputation among consumers and potential hires.
By Jessi Devenyns • Jan. 22, 2021 -
Permission granted by Dr. Praeger’s
Dr. Praeger's Sensible Foods acquired by Vestar Capital Partners
The private equity group is investing in the 27-year-old company at a time when its plant-based and better-for-you frozen foods are exactly what consumers are looking for.
By Megan Poinski • Jan. 22, 2021
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