Kraft Heinz names Campbell Soup snacks chief as US business head

Carlos Abrams-Rivera, who starts at the mega-company in February, has a track record of turning around products and strengthening sales.

By Megan Poinski • Jan. 9, 2020

Tyson sells Golden Island Jerky Co. and shutters plant

Jack Link's Beef Jerky bought the business for an undisclosed amount and will move operations to its facilities, resulting in the closure of a California plant and the loss of 371 jobs.

By Jessi Devenyns • Jan. 9, 2020

Explore the 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

Canadian beer consumption drops 3% in 1st year of marijuana legalization

The category recorded its worst domestic volume decline in at least six years, dropping 3.9%. That was offset by imported beer volumes, which grew 1.4%.  

By Lillianna Byington • Jan. 9, 2020

Magnum thinks pink with ruby chocolate ice cream bar launch

The premium Unilever brand is the first CPG item to bring pink chocolate to the U.S. with a frozen treat that will be available nationwide next month.

By Megan Poinski • Jan. 9, 2020

Perdue Farms launches direct-to-consumer e-commerce site

The company will sell frozen beef, pork, chicken and lamb online under its own brand, as well as Niman Ranch, Coleman Natural, Sonoma Red and Skagit Red lines.

By Cathy Siegner • Jan. 8, 2020

6 trends that will shape the food and beverage industry in 2020

What will this new year bring? We see the launch of meat substitutes that go beyond the burger, the elevation of alternative dairy products and smaller M&A deals. 

By Lillianna Byington , Megan Poinski , Christopher Doering • Jan. 8, 2020

Tofurky launches new burger in crowded plant-based space

The non-GMO and vegan patty is a combination of soy protein, vegetable protein and wheat gluten. It will be available at Target this month. 

By Lillianna Byington • Jan. 8, 2020

Plant-based beverage maker OWYN raises $7.5M to expand, innovate

The funding also will be used to increase the company's sales and e-commerce teams as well as broaden its retail footprint in places such as Target and Walmart.

By Jessi Devenyns • Jan. 8, 2020

Coca-Cola acquires full ownership of dairy brand Fairlife

The soda giant previously owned a 42.5% minority stake and decided to buy​ the rest of the ultra-filtered dairy business as part of its push to become a more diversified beverage company.

By Lillianna Byington • Jan. 7, 2020

Molson Coors to close brewery, cut 470 jobs

The Irwindale, California facility will cease operations by September, but the beer giant is offering Pabst the opportunity to buy it for $150 million.

By Megan Poinski • Jan. 7, 2020

Impossible Pork launches in foodservice

The product will be available in the U.S., Hong Kong and Singapore this fall and is appearing on a New York menu Thursday.

By Christopher Doering • Updated Sept. 22, 2021

Borden files for bankruptcy

The dairy processor is the second major company to take this step in recent months. It plans to use Chapter 11 to improve its debt load, which is strained by rising costs and industry challenges.

By Christopher Doering • Jan. 6, 2020

Kisses for breakfast? General Mills partners with Hershey on new cereals

The confectioner's iconic chocolate drops and fruity Jolly Rancher candies will be appearing in spoonable forms this year.

By Jessi Devenyns • Jan. 3, 2020

Leftovers: Cinnabon swirls into Breyers ice cream; Stuffed Puffs have consumers wanting s'more

Unilever partners with the decadent breakfast chain to heat up declining sales in frozen desserts, and King Arthur Flour brings new baking trends around the table.

By Food Dive staff • Jan. 3, 2020

Duncan Hines introducing keto-friendly cake mix

The refresh of the Conagra brand will give those participating in the low carb, high fat eating regimen a chance to indulge.

By Jessi Devenyns • Jan. 2, 2020

Where does cannabis packaging design fit as the industry evolves?

Companies that participate in the nascent space need to understand changing state regulations and trends impacting product design, Tom Newmaster with FORCEpkg said.

By Tom Newmaster • Jan. 2, 2020

Mondelez hires exec with a track record of transformation to head M&A and SnackFutures

Minsok Pak was previously executive vice president and chief strategy and innovation officer at Target and senior vice president of channel development at the Lego Group.

By Jessi Devenyns • Dec. 23, 2019

Israeli startup Sufresca gets $500K to develop edible produce packaging

The company received the money from agri-foodtech venture capital fund Rimonim Agro to improve coatings that will cut down on waste and spoilage.

By Cathy Siegner • Dec. 20, 2019

Frito-Lay publishes its top snack trends for 2020

The division of PepsiCo's R&D team is predicting spice, citrus, global influence, unexpected combinations and health benefits will drive product development.

By Jessi Devenyns • Dec. 20, 2019

Post and TreeHouse Foods terminate cereal deal

The private label food company said it will continue to try to sell the breakfast staple business.

By Christopher Doering • Updated Jan. 13, 2020

Shifting food trends fuel M&A activity among ingredients companies

IFF's $26.2 billion purchase of DuPont's nutrition unit underscores the push to carve out a dominant position in healthier products while increasing the efficiency of R&D operations.

By Christopher Doering • Dec. 19, 2019

Cargill and Renmatix collaborate to develop upcycled ingredients

A proprietary water-based technology will be used on the meat company's preferred feedstocks to develop alternatives for emulsifiers and hydrocolloids.

By Cathy Siegner • Dec. 19, 2019

Huel brings bars that are 'nutritionally complete' to the US

The meal replacement company's new product contains 27 essential vitamins and minerals while also being high protein, gluten free and plant based. 

By Jessi Devenyns • Dec. 19, 2019

Can Coca-Cola escape the shadow of deceptive marketing campaigns in its past?

A paper published in the International Journal of Environmental Research and Public Health found the company targeted teens and moms earlier in the decade — before committing to diversify its portfolio and reduce sugar intake.

By Lillianna Byington • Dec. 19, 2019

Chicken producer Shenandoah Valley Organic raises $15M to expand

CEO Corwin Heatwole said the company will use the new funds to modernize facilities and expand marketing outreach for its Farmer Focus brand.

By Cathy Siegner • Dec. 19, 2019