Constellation Brands slashes its outlook, sending stocks tumbling

Net sales for wine and spirits are expected to tick down this year, and additional interest expenses for financing the Canopy Growth investment also made an impact.

By Lillianna Byington • Jan. 9, 2019

Impossible Burger becomes gluten-free in new reformulation

The first major revamp of the company's signature product makes it more adaptable to replace ground beef in any recipe, less salty and more clean-label.

By Cathy Siegner • Jan. 9, 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

Non-Dairy Chobani aims to upend the plant-based segment

The New York company, best known for its Greek yogurt variety, was careful not to use traditional dairy terminology to describe its new product.

By Christopher Doering • Jan. 9, 2019

Chew on this: Gum sales top $4B in 2018

The confection accounted for 11% of candy purchases overall, with low-calorie and sugar-free versions making up 85%.

By Nina Sparling • Jan. 8, 2019

6 trends to impact the food industry in 2019

Concepts that started rocking the business in 2018 will continue, making this year sure to be full of big deals, new functional ingredients and items that are sustainable on many levels.

By Megan Poinski , Christopher Doering , Lillianna Byington • Jan. 7, 2019

Global milk production soured by trade wars and plummeting prices, report says

2018 is on track for the worst year-on-year growth in domestic production since 2013, according to Rabobank.

By Nina Sparling • Jan. 4, 2019

Leftovers: Yoplait sweetens New Year's resolutions; CBD goes coconuts

New yogurt flavors mimic less-than-healthy (but delicious) breakfast choices, and Hershey launches new Kisses full of love and lava.

By Food Dive staff • Jan. 4, 2019

Carl's Jr. gives plant-based Beyond Burger the star treatment

The chain is now selling the meat-free Beyond Famous Star burger for $6.29 a piece at more than 1,000 locations, following White Castle's Impossible slider expansion.

By Kristine Sherred • Jan. 3, 2019

Boxed scores 3-month exclusive on new Smartwater line

Following reports that Amazon was pulling back on low-margin products, the online bulk retailer will test Smartwater alkaline and antioxidant waters before the brand expands to other retailers in April.

By Kristine Sherred • Jan. 3, 2019

Danone introduces Oat Yeah as the grain becomes the next big milk alternative

Oat milk had 32.5% growth in the previous year,and manufacturers including PepsiCo, Elmhurst, Thrive Market, Pacific Foods and Happy Planet are getting into the space.

By Cathy Siegner • Jan. 2, 2019

Nestlé will launch plant-based Incredible Burger this spring

The item — part of the Garden Gourmet line and made from soy and wheat protein — will bolster the manufacturer's position in the growing segment.

By Cathy Siegner • Jan. 2, 2019

How food companies are getting consumers to pay more

Several already signaled planned increases to cover ingredient and shipping costs, and more expensive items helped boost grocery prices by 2% last year — though sales were flat by volume.

By Cathy Siegner • Jan. 2, 2019

Our best stories of 2018

From massive c-suite changes to huge deals, here are Food Dive's top stories from 2018, a quick tour of some of what made last year so exciting — and tumultuous. 

By Food Dive staff • Dec. 21, 2018

Coke leads $15M investment round in Dirty Lemon maker

Iris Nova focuses on cashierless, text-to-pay consumer goods and has grown the popularity of its brands through platforms like Instagram.

By Peter Adams • Dec. 21, 2018

PepsiCo splits leadership roles for US snacks and beverages

The company said Vivek Sankaran will become CEO of Frito-Lay North America and Kirk Tanner will lead its North America Beverages unit, replacing Al Carey, who is retiring.

By Christopher Doering • Dec. 21, 2018

Impossible Foods needs FDA approval to sell uncooked burgers in stores

The company wants to sell its plant-based burger in retail outlets next year, but the FDA said the soy leghemoglobin in the product needs approval as a color additive.

By Cathy Siegner • Dec. 21, 2018

Peet's snags majority stake in Revive kombucha

After investing $7.5 million last year, the coffee chain took a bigger bite out of the craft kombucha brewer, which has grown 168% in the past year.

By Kristine Sherred • Dec. 21, 2018

Kerry Group spices up its seasonings business with $367M in deals

The taste and nutrition company said it will acquire Ariake USA and Southeastern Mills' North American coating and seasonings operations.

By Cathy Siegner • Dec. 20, 2018

Could dates become the next trendy sweetener?

D'vash Organics markets its nectar from the fruit as a lower-calorie alternative to sugar and with about 25% less of the popular ingredient than honey. 

By Cathy Siegner • Dec. 20, 2018

Why Ingredion is investing $140M in plant-based proteins

The ingredients provider is upgrading plants in Nebraska and Saskatchewan to produce protein isolates from peas and other pulse-based flours and concentrates.

By Cathy Siegner • Dec. 20, 2018

Conagra profit plunges 41% as it begins integration of Pinnacle

The maker of Banquet and Slim Jim raised prices during the quarter for some of its legacy brands as the Chicago company faced higher transportation, input and retailer marketing costs.

By Christopher Doering • Dec. 20, 2018

Sanderson Farms sales drop 13.2% as it finishes a 'challenging year'

Roiled by problems with demand, issues with tariffs and two hurricanes, the chicken producer saw an operating income loss of $57.7 million in the most recent quarter. Net income for the year was down 78%.

By Lillianna Byington • Dec. 20, 2018

Campbell Soup names ex-Pinnacle chief Clouse to oversee its turnaround

The executive will be tasked with turning around the maker of Prego, V8 and Emerald Nuts all while battling activist investor Dan Loeb who has pushed for more aggressive changes at the company.

By Christopher Doering • Dec. 20, 2018

AB InBev and Tilray plan to launch CBD-infused drinks in Canada

Their joint venture, Fluent Beverage Company, will sell the products as early as December and come after the companies spent $100 million last year to study cannabis beverages. 

By Christopher Doering • Updated Oct. 11, 2019

General Mills net earnings drop 20%

The company missed analyst expectations this quarter, as the North America segment lagged and operating profit fell 23% compared to last year.

By Lillianna Byington • Dec. 19, 2018