Corporate Operations: Page 32
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Courtesy of Bellring Brands
ColumnLeftovers: Dunkin’ muscles into protein powder | Danone whips up International Delight cold foam creamer
The coffee chain is debuting Glazed Donut-flavored protein powder with Bellring Brands’ Dymatize line, and Oatly partners with a coffee retailer that has nearly 200 cafes.
By Food Dive staff • Jan. 5, 2024 -
Courtesy of Kraft Heinz
Kraft Heinz partners with Taco Bell on meal kits that bring fast food favorites to the home
The items — the first of several Taco Bell at Home innovations planned for this year by the long-time collaborators — will be sold at Walmart.
By Christopher Doering • Jan. 4, 2024 -
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 -
Scott Olson via Getty Images
Controversial Prop 12 rule takes full effect in the new year
Pork products sold in California must adhere to regulations that prohibit the use of swine gestation crates as of Jan. 1, 2024.
By Nathan Owens • Jan. 4, 2024 -
Courtesy of WK Kellogg Co
WK Kellogg Co debuts new cereal brand in better-for-you push
The new puff offering, launching in chocolate and fruit flavors, signals the company’s desire to appeal to Gen Z with a protein-heavy zero-sugar alternative to its traditional sweet offerings.
By Chris Casey • Jan. 4, 2024 -
Permission granted by Craig Chandler / University of Nebraska-Lincoln
Food in space? Why University of Nebraska-Lincoln wants to grow corn on Mars
Researchers are looking to the great beyond in their search to revolutionize agricultural science and develop more climate-resilient crops.
By Lydia Noyes • Jan. 4, 2024 -
David Silverman via Getty Images
Cal-Maine to acquire Tyson plant for egg production
The company said it will convert the Missouri facility, which was shuttered by Tyson last year, to grade eggs.
By Chris Casey • Jan. 3, 2024 -
Retrieved from Danone.
Danone to sell Horizon Organic and Wallaby brands to PE firm
The sale of its premium organic dairy businesses in the U.S. to Platinum Equity will allow the food and beverage maker to prioritize its health-focused offerings and reinvest in growth initiatives.
By Christopher Doering • Jan. 3, 2024 -
Retrieved from Utz Quality Foods Inc. on November 14, 2023
Utz taps Jennifer Bentz as new innovation and marketing leader
The experienced executive who has worked at Kraft and Tyson Foods talks about what makes her approach to marketing unique.
By S.L. Fuller • Jan. 3, 2024 -
Scott Olson via Getty Images
Food and beverage makers to be ‘more careful and strategic’ with M&A in 2024
Inflation and higher interest rates are among the challenges expected to weigh on deal-making in the new year.
By Christopher Doering • Jan. 2, 2024 -
Getty via Getty Images
ADM ends 2023 with 2 flavoring acquisitions: Revela and FDL
The agricultural commodities giant hopes to further its reach in the nutritional ingredients space.
By Chris Casey • Dec. 21, 2023 -
Chris Jackson via Getty Images
OpinionDon’t fall for the meat industry’s COP out
Meat and dairy industry representatives made a big show at COP28 claiming that they want to be a part of the solution to combat climate change, but Farm Sanctuary president Gene Baur sees it as mere greenwashing.
By Gene Baur • Dec. 20, 2023 -
Courtesy of Perdue
Perdue taps former Tyson exec to lead supply chain in newly created role
Gregg Uecker will oversee every aspect of operations as poultry processors ramp up cost savings plans.
By Sarah Zimmerman • Dec. 20, 2023 -
Courtesy of Sommarøy Spirits
Why Sommarøy sees promise in lower-alcohol spirits
The Chicago-based startup told Food Dive it sees great potential for its gin and vodka products to fill the gap between nonalcoholic and full-proof spirits.
By Chris Casey • Dec. 20, 2023 -
Hitra via Getty Images
CPGs are masking inflation by deceiving consumers, lawmaker says
Federal data shows that smaller package sizes have played a significant role in driving up unit costs, hurting shoppers while benefiting suppliers, Sen. Bob Casey said last week in letters to four industry groups.
By Sam Silverstein • Dec. 19, 2023 -
Christopher Doering/Food Dive
Snickers maker Mars’ overlooked growth driver: Lunch and dinner
With brands such as Ben’s Original and Tasty Bite, the 100-year-old company is betting consumer demand for convenience, better-for-you and global cuisine will boost its food business.
By Christopher Doering • Dec. 19, 2023 -
Courtesy of T. Hasegawa USA
T. Hasegawa USA declares ube 2024’s ‘flavor of the year’
The ingredients giant projects the bright purple root with an earthy, nutty taste will join other trendy Asian flavors in U.S. food and beverage products.
By Chris Casey • Dec. 18, 2023 -
Rey Del Rio via Getty Images
WK Kellogg Co to keep Michigan plant, avoiding layoffs
After previously planning to move its Battle Creek plant’s operations to Canada, the company chose to stay in “Cereal City” after it was given a $5 million grant from the state.
By Chris Casey • Dec. 18, 2023 -
Courtesy of Next Gen Foods
Tindle Foods makes executive moves after rebranding
Timo Recker, who was previously the chief executive in 2020, is taking the helm over from his business partner.
By Elizabeth Flood • Dec. 18, 2023 -
Retrieved from La Colombe.
Chobani buys coffee roaster La Colombe for $900M
The purchase gives the yogurt giant a presence in the fast-growing RTD category while building on its goal of becoming a more diversified food and beverage company.
By Christopher Doering • Dec. 15, 2023 -
Courtesy of Ben & Jerry's
Ben & Jerry’s workers at flagship Vermont plant vote to unionize
The move at the Waterbury facility comes after employees at its flagship store in Burlington voted to join the union last spring, making it the first of the brand’s locations to do so.
By Christopher Doering • Dec. 15, 2023 -
Aja Koska via Getty Images
Consumers cite food prices as their top economic concern: Morning Consult
According to a recent survey, people are more worried about their grocery expenses than labor, housing and national debt.
By Chris Casey • Dec. 15, 2023 -
Getty via Getty Images
Wisconsin cheese farmers share 2024 food trends
Cooking and consuming food at home, adventurous flavors and “mindful indulgence” will drive consumer behavior, according to producers from the major dairy state.
By Chris Casey • Dec. 14, 2023 -
Permission granted by XO
How to manage limited-time offer products
Experts weigh in on how to take advantage of that scarcity mindset and R&D holiday offerings.
By Alexandra Frost • Dec. 13, 2023 -
Permission granted by Chobani
Chobani launches first major product in 2 years with dessert-inspired Greek yogurt
Chobani Creations will help yogurt expand beyond the morning with flavors such as Mocha Tiramisu and Cherry Cheesecake that are healthier than their traditional counterparts.
By Christopher Doering • Dec. 13, 2023 -
Courtesy of Lactalis
Behind Lactalis’ goal to challenge Reddi-wip with Président Whipped Crème
The gourmet cheese maker said its premium dessert offering capitalizes on increasing demand for baking at home and the growing desire for luxury products.
By Chris Casey • Dec. 12, 2023
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