Corporate Operations: Page 140
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Christopher Doering/Food Dive
Deep DiveInside Ferrero's quest for sweet success in the competitive US candy market
The Italian maker of Nutella and Ferrero Rocher has spent billions to bulk up its position in confections, making it a more formidable rival to industry leaders Hershey and Mars.
By Christopher Doering • June 10, 2019 -
Beyond Meat 'in early stages' of growth, CEO says in company's 1st earnings report
The maker of plant-based burgers and sausages forecast net revenue in 2019 to exceed $210 million and said it has plenty of capacity to meet demand.
By Christopher Doering • June 7, 2019 -
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 -
Column
Leftovers: Kind Pride celebrates LGBTQ month; Lagunitas taps into hops without the booze
The brewer is introducing a beverage full of hops common in beer but without the alcohol, and Justin's is doubling down on its signature ingredient with new organic nut butter covered nuts.
By Food Dive staff • June 7, 2019 -
Food and beverage makers look to chocolate as premiumization trend grows
Millennials' interest in new and different experiences and products, as well as a desire to be healthy, is behind the push for more upscale products, according to FONA International.
By Cathy Siegner • June 7, 2019 -
Campbell targets turnaround in long-struggling soup division
The CPG giant is expected to unveil plans next week to improve the namesake segment that is facing challenges from private label options and changing consumer preferences.
By Jessi Devenyns • June 6, 2019 -
Up to 25 cups of coffee a day likely won't harm heart health
Researchers from Queen Mary University of London said their study debunks previous findings that suggested drinking the caffeinated beverage increases arterial stiffness.
By Cathy Siegner • June 6, 2019 -
Mountain Dew localizes national campaign with state-specific bottles, 50 unique digital ads
The decision by owner PepsiCo to sell limited-edition bottles nationally is similar to a marketing strategy used before by beverage giants AB InBev and Coca-Cola.
By Tatiana Walk-Morris • June 6, 2019 -
Godiva and General Mills partner to launch premium baking mixes
The line, which includes flavors such as Molten Lava Cakes and Flourless Chocolate Torte, is the chocolatier's first foray into offering specialty products for the home cook.
By Cathy Siegner • June 6, 2019 -
Layn expands into CBD market with $60M investment
The company known for its high-intensity sweeteners is bringing food industry know-how to produce ingredients out of the substance.
By Megan Poinski • June 6, 2019 -
Retrieved from Coca-Cola on May 21, 2018
Coca-Cola offers consumers $10K to create best new drink concoction
The "Make Your Mix" contest encourages people to create a flavor combination using its Freestyle machine. The finalists will be voted on by the public with a winner announced in November.
By Cathy Siegner • June 5, 2019 -
Inside Corteva's plan to bridge gaps between farmers, food companies and consumers
The new company, which was officially spun off last week, aims to be an agricultural entity that conducts business like a food manufacturer.
By Megan Poinski • June 5, 2019 -
How food companies can unlock future trends
Being in tune with where consumers are going means getting out there, being realistic and harnessing data, panelists said at an IFT session.
By Megan Poinski • June 4, 2019 -
Vita Coco maker thirsts for aluminum as it enters competitive bottled water space
The product called Ever & Ever educates consumers about the sustainability of the metal in a beverage segment where plastic is the most common packaging.
By Christopher Doering • June 4, 2019 -
Private label better positioned to respond to health and wellness trends: trade group
Unlike mainstream offerings, store brands are more adept at keeping pace with consumer preferences through products that are organic, vegan, sustainable, free-from and convenient.
By Jessi Devenyns • June 3, 2019 -
Manufacturers push for legal clarity at FDA's first public hearing on CBD
The 10-hour meeting was the first step in what could be a yearslong process to establish a legal path to market for food and beverage products with the cannabis compound.
By Lillianna Byington • June 3, 2019 -
Before the Butcher to launch its plant-based burgers in retail
The company will face an increasingly crowded space with offerings from Beyond Meat and Impossible Foods already available, and Nestlé and Tyson planning their own products later this year.
By Cathy Siegner • June 3, 2019 -
Mondelez not worried about global economic headwinds, CEO says
Dirk Van de Put said the CPG company is adapting to changing tastes and trends while benefiting from innovations in emerging markets with established brands such as Oreo and Cadbury.
By Cathy Siegner • June 3, 2019 -
The big chill: CBD-infused ice cream coming to Ben & Jerry's
There's a lot of buzz around the announcement — the first cannabis commitment from a major brand — but it will be a while before it offers anything beyond Chocolate Therapy.
By Megan Poinski • May 31, 2019 -
General Mills gets a sales treat from its pet food segment
The CPG company, which acquired Blue Buffalo last year for $8 billion, reported its net sales up 11%.
By Cathy Siegner • May 30, 2019 -
Half of baby boomers are limiting sugar consumption, study finds
Innova Market Insights found health concerns are driving this generation to reduce their use of the sweetener, with 40% of the demographic eating fewer sweet snacks.
By Cathy Siegner • May 30, 2019 -
Report: Goya Foods considering $3B sale
The family-owned Latin food company hired Goldman Sachs to evaluate its options, sources told CNBC.
By Lillianna Byington • May 30, 2019 -
Is Nestlé's strategy of closing a plant a month to cut costs good for business?
The global food company plans to save up to $2.49 billion by 2020 by making manufacturing and distribution more efficient, according to an interview the chief financial officer gave to a business publication.
By Jessi Devenyns • May 29, 2019 -
MillerCoors wins partial victory in lawsuit involving AB InBev corn syrup ad
A federal judge postponed a decision on whether Bud Light packaging, which claims the beer does not have the sweetener, will have to be removed from stores.
By Christopher Doering • May 28, 2019 -
Q&A
Can giant greenhouses help feed consumers? AppHarvest wants to find out.
Founder and CEO Jonathan Webb says the first 60-acre facility is expected to open in Kentucky in 2020 with crops that are non-GMO, chemical-free and watered by the rain.
By Christopher Doering • May 28, 2019 -
Column
Leftovers: Fritos pays tribute to America's military; Ferrero sweetens its lineup
The PepsiCo-brand is donating some proceeds from 22 million specialty bags — one for each person who has served in the Armed Forces — to Carry the Load, and Field Roast and Elysian Brewing make a plant-based beer brat.
By Food Dive staff • May 24, 2019
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