Corporate Operations: Page 111
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Courtesy of Impossible Foods
How to make plant-based ingredients look, smell and taste like meat
From the aroma created by cooking to replicating the different textures, ADM's flavorists and protein experts detail the complex process to design a product similar to the real thing.
By Megan Poinski • Oct. 1, 2020 -
Permission granted by Canopy Growth
Canopy Growth to bring cannabis beverages to US in 2021
The company will initially launch the THC-infused drinks in legal adult-use markets in California and Illinois through a partnership with Acreage Holdings.
By Megan Poinski • Oct. 1, 2020 -
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 -
Molson Coors to distribute La Colombe RTD coffee in latest move beyond beer
This announcement is the third partnership in less than a month for the company, which is also now working with Coca-Cola and Yuengling.
By Christopher Doering • Oct. 1, 2020 -
Fresh off its IPO, Laird Superfood battles large CPGs with natural ingredients
In an interview right after going public, the plant-based nutritional company's co-founders said they are planning to move into other food categories beyond beverages, while stressing the 5-year-old business is not for sale.
By Christopher Doering • Oct. 1, 2020 -
Chr. Hansen to sell its natural colors business to PE group for $940M
The divestiture to EQT IX will allow the Denmark-based company to focus on developing its more lucrative fermentation technology.
By Jessi Devenyns • Oct. 1, 2020 -
Courtesy of Shiok Meats
Shiok Meats raises $12.6M for cell-based shrimp
The Singapore-based company, which hopes to have frozen minced seafood on the market in 2022, will use the funds to build its pilot plant.
By Megan Poinski • Sept. 30, 2020 -
Oat milk surges to second most popular in plant-based dairy
The grain-based beverage likely rose in popularity through a combination of function, taste, nutritional attributes and hype.
By Megan Poinski • Sept. 30, 2020 -
Courtesy of Lyre's Non-Alcoholic Spirit Co.
Lyre's Non-Alcoholic Spirit Co. closes $11.5M funding round
The Australian company says this investment is the largest ever made in the alcohol-free category.
By Jessi Devenyns • Sept. 29, 2020 -
Retrieved from H.K. Anderson on September 29, 2020
Utz buys filled pretzel brand H.K. Anderson from Conagra
The deal, which has a purchase price of less than $10 million, is the company's first since it was acquired by Collier Creek Holdings and went public.
By Lillianna Byington • Sept. 29, 2020 -
AppHarvest starts trading after merger valuing company at $1B
The deal with a blank-check entity provides the greenhouse operator, which recently opened a 2.76 million-square-foot facility in Kentucky, funding to open more indoor farms.
By Christopher Doering • Updated Feb. 1, 2021 -
Lance Cheung. (2018). "20181113-FPAC-LSC-0119" [photograph]. Retrieved from US Department of Agriculture.
Nearly 200 companies pledge to halve food waste by 2030
General Mills, Mondelez, PepsiCo and Nestlé are among manufacturers who have come together in the 10x20x30 initiative.
By Jessi Devenyns • Sept. 28, 2020 -
The Kraft Heinz procurement overhaul is here
Chief Procurement Officer Marcos Eloi outlined four areas he's working to transform: sourcing, manufacturing, centralization and product development.
By Emma Cosgrove • Sept. 28, 2020 -
Retrieved from Bazooka Candy Brands on September 25, 2020
ColumnLeftovers: Bazooka gets into gummies; Undressed redefines 'salad bar'
The bubble gum brand's new launch of dragon and unicorn candies is (literally) Totally Awesome, and WW brews up canned RTD coffee drinks.
By Food Dive staff • Sept. 25, 2020 -
Cream of Wheat chef will be removed from packaging, B&G says
Although the drawing that has been on hot cereal boxes for more than a century may be based on an actual person, the company says "it reminds some consumers of earlier depictions they find offensive."
By Megan Poinski • Sept. 25, 2020 -
Courtesy of Mosa Meat
Mosa Meat raises $55M for cell-based meat
The Dutch company will use the funds to extend its pilot plant, develop an industrial production line, hire employees and work toward a launch.
By Megan Poinski • Sept. 25, 2020 -
Phytolon raises $4.1M to fund natural food coloring technology
The money will go toward expanding the reach of the Israel-based firm, which makes colorants from natural plant pigments extracted through fermentation.
By Jessi Devenyns • Sept. 24, 2020 -
Retrieved from Daring Foods on September 24, 2020
Daring Foods raises $8M to innovate and expand its plant-based chicken
The startup also announced it is releasing new breaded chicken pieces on its direct-to-consumer site and debuting its products nationwide at Just Salad locations.
By Jessi Devenyns • Sept. 24, 2020 -
Courtesy of Gardein
Gardein launches canned soup featuring plant-based meat
The vegan versions of popular varieties — including Chick'n Noodl' and Saus'ge Gumbo — are the first to bring this trend to the fall and winter staple.
By Megan Poinski • Sept. 24, 2020 -
Retrieved from Pilgrim's Pride on September 23, 2020
Pilgrim's Pride replaces CEO after price-fixing indictment
The chicken company has permanently replaced Jayson Penn as the top executive with Fabio Sandri, who previously served as its CFO.
By Lillianna Byington • Sept. 23, 2020 -
Retrieved from Mars Food on September 23, 2020
Uncle Ben's becomes Ben's Original in 'brand evolution'
Mars Food is retiring the face and changing the product's name but retaining its orange background and bold navy blue letters recognized by consumers.
By Megan Poinski • Sept. 23, 2020 -
Permission granted by Project Potluck
How Project Potluck plans to help diversify the CPG industry
The new organization will offer a year-long mentorship program, monthly networking events and a digital community for BIPOC.
By Lillianna Byington • Sept. 23, 2020 -
Christopher Doering/Food Dive
Trade groups: Over 650K jobs tied to US beer industry will be lost due to COVID
The report from four organizations with ties to alcohol predict the pandemic will hamper retail sales of beer more than $22 billion by the end of 2020.
By Christopher Doering • Sept. 23, 2020 -
Permission granted by Caulipower
How Caulipower seizes market opportunity
The veggie-forward company was built out of a working mother's need for a convenient and healthy gluten-free option, and keeps growing by looking for products it can improve.
By Megan Poinski • Sept. 22, 2020 -
Retrieved from General Mills on September 22, 2020
With '80s cereal formulations, General Mills goes back to the future
Cocoa Puffs, Golden Grahams, Cookie Crisp and Trix are returning to the ingredients and tastes of four decades ago as the manufacturer sponsors a Saturday morning cartoon marathon.
By Jessi Devenyns • Sept. 22, 2020 -
Opinion
Why the food supply chain needs a technology makeover
The pandemic shows that the methods that have been used are outdated. Rob Bailey of BackboneAI explains how to design a system that moves foods more smoothly.
By Rob Bailey • Sept. 21, 2020
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