Perdue Farms to acquire grass-fed beef brand Panorama Meats

Terms of the deal between the poultry company and the nation's largest producer of 100% grass-fed certified organic beef were not disclosed.

By Jessi Devenyns • May 24, 2019

How can the organic sector grow while maintaining its integrity?

Executives at the Organic Trade Association Conference are working to expand in a way that preserves trust in the seal and their companies, but at a careful pace.

By Lillianna Byington • May 23, 2019

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

How Sproutly's fast-acting cannabis extract could be a game changer for edibles

The Canadian company, which has developed a revolutionary water soluble option containing the drug, could appeal to consumers interested in clean label food and beverage products.

By Megan Poinski • May 23, 2019

PepsiCo patents process to co-ferment oat flour and dairy milk

The move may signal that drinkable or spoonable clean-label products such as yogurt could be coming from the company's Quaker Oats brand.

By Cathy Siegner • May 23, 2019

Spero Foods seeks capital to ramp up plant-based eggs and cheese

The company concentrates on using high protein and nutritious ingredients, such as seeds, for its substitutes.

By Jessi Devenyns • May 22, 2019

Coke resurrects notorious New Coke flop for Netflix's 'Stranger Things'

The reformulated beverage introduced in 1985 and shelved a mere 79 days later will appear in the hit series and be sold in limited quantities. 

By Peter Adams • May 21, 2019

Food industry applauds US for lifting steel and aluminum tariffs on Canada, Mexico

The move could provide momentum for the three countries to ratify a new trade pact that would replace the North American Free Trade Agreement.

By Lillianna Byington • May 20, 2019

Consumers placing more value in a food companies' ethical behavior

Crestline Custom Promotional Products also found that when it comes to product claims, U.S. consumers prioritized "non-toxic" as the most important while organic was the least valuable. 

By Jessi Devenyns • May 20, 2019

CBD entering food and drink at an 'astounding pace,' report says

Some companies are already infusing coffee, beer and other products with the substance — one of the more than 100 chemicals found in cannabis — despite murky federal restrictions in place.

By Cathy Siegner • May 20, 2019

Big Food turns to regenerative agriculture to meet sustainability goals

Companies such as General Mills and Hormel Foods are embracing the practice to help their businesses and respond to consumers who consider environmental stewardship in their buying habits.

By Lillianna Byington • May 20, 2019

Kashi Go rebrand targets active millennials and Gen Zers

Following market research on the evolution of its customer base, the Kellogg-owned brand began introducing its new packaging design last month.

By Cathy Siegner • May 17, 2019

Food industry leaders face increased personal reputational and legal risk

Executives and board members need to protect themselves through preemptive and credible enterprise risk management, Steel City Re CEO Nir Kossovsky argues.

By Nir Kossovsky • May 17, 2019

Leftovers: Blondies have stolen your Lucky Charms; Pringles fires up its own mystery machine

The magically delicious cereal is now a marshmallow-filled sweet snack available at club stores; and Garbage Pail Kids cereal, energy drinks and candy bars bring back gross-out '80s nostalgia.

By Food Dive staff • May 17, 2019

Chr. Hansen debuts sweeter culture solution for dairy applications

The Danish ingredients firm said its Y-1 product converts more existing sugars in milk from lactose.

By Cathy Siegner • May 16, 2019

Del Monte thinks outside of the can with a move into frozen and refrigerated

Best known for its iconic canned goods, the 133-year-old company is taking a bolder and more innovative approach to broadening its offerings with CEO Greg Longstreet at the helm. 

By Christopher Doering • May 16, 2019

Will AB InBev acquire the Craft Brew Alliance?

Midwood Capital Management urged the company's board to pursue a sale because of profitability challenges.

By Cathy Siegner • May 16, 2019

Why B&G Foods acquired Clabber Girl for $80M

The acquisition-hungry company expects the brand, which has produced baking powder and corn starch for 150 years, to generate approximately $70 million to $75 million of net sales annually.

By Jessi Devenyns • May 16, 2019

Food companies including Nestlé, PepsiCo and Mondelez will phase out trans fats

The dozen members of the International Food and Beverage Alliance will reduce the industrially produced ingredient to 2 grams per 100 grams of fat in their products by 2023.

By Cathy Siegner • May 16, 2019

Hershey's embraces emoji for summer packaging play focused on sharing

The brand's signature milk chocolate bars will feature 25 of the most popular symbols — including smiling poop — marking the first change to the candy's look in 125 years.

By Peter Adams • May 15, 2019

Hain Celestial names North American president with turnaround experience

Kevin McGahren, who rescued American Beverage Corporation, is the newest addition to the C-suite CEO Mark Schiller is building to improve the company's growth prospects.

By Megan Poinski • May 15, 2019

Stacy's Rise Project to award $200K to female food and beverage founders

To help close the gender gap for investments, Stacy's Snacks is accepting applications for women business owners to win funding and mentorship.

By Lillianna Byington • May 15, 2019

Aleph Farms raises $12M with investment from Cargill

The injection of capital will allow the lab-grown meat startup to accelerate product development and transform its prototype into something sold at market.

By Jessi Devenyns • May 15, 2019

Ruby chocolate officially enters the US and Canada

The wait is over: Barry Callebaut is now working with producers to bring the confection to North America, with products likely to appear on shelves and bakeries as soon as June.

By Megan Poinski • May 14, 2019

What are the key ingredients to highly valued food and beverage brands?

Aaron Goldstein, an investment banker at Lincoln International, says a significant part of achieving a premium M&A valuation is crafting the story, positioning the brand and articulating future growth potential.

By Aaron Goldstein • May 13, 2019

Kellogg goes Off the Grid with protein-packed frozen waffle brand

The product — which comes in vanilla buttermilk, cinnamon brown sugar and wild blueberry — is marketed on its website as fuel "for whatever adventure the day will bring." 

By Cathy Siegner • May 13, 2019