JM Smucker to buy Twinkies manufacturer Hostess Brands for $5.6B

The purchase will deepen the jam and peanut butter maker’s presence in growing categories and consumer occasions focused on convenience. 

By Christopher Doering • Sept. 11, 2023

Eat Just’s Good Meat division fails to pay $30M worth of invoices

While it’s unknown why the cultivated meat company did not make the payments as ABEC claims, a source said the two sides are working to reach a settlement. 

By Elizabeth Flood • Sept. 8, 2023

Explore the Trendline➔

Top 5 stories from Food Dive

The food and beverage industry is changing rapidly and the actions companies take this year are likely to play a major role in defining their future. 

By Food Dive staff

Ofi combines cocoa with Asian flavors using AI

The company said the technology helped identify trends from Eastern cuisines — such as miso, yuzu and chili — that can be incorporated into confectionery applications.

By Chris Casey • Sept. 7, 2023

Coca-Cola to sell BodyArmor outside the US for the first time

The sports drink’s CEO said the launch of the beverage in Canada in 2024 is “just the start of our expansion to new countries and consumers.” 

By Christopher Doering • Sept. 7, 2023

Behind the Tindle Foods rebrand and new product launch

Co-founder and CEO Andre Menezes says the brand “holds itself to a very high standard,” and is focused on launching products with clean ingredients.

By Elizabeth Flood • Sept. 6, 2023

From a regional soda to a national brand: How Sprecher is taking on Coca-Cola and PepsiCo

The Wisconsin-based company has spent millions of dollars and taken on debt to add production, staff and warehouse capacity to bring its craft beverages into 49 states.

By Christopher Doering • Sept. 6, 2023

TreeHouse to sell snack bars business, plant to John B. Sanfilippo for $63M

The divestiture will allow the private-label giant to focus on high-growth and high-margin categories while enabling John B. Sanfilippo to diversify its offerings.

By Christopher Doering • Sept. 6, 2023

Eat Just, maker of plant-based eggs and cultivated chicken, gets a funding boost

The money comes as the company continues scaling in the U.S. and tries to reach profitability.

By Elizabeth Flood • Sept. 5, 2023

Nestlé’s Nespresso thriving as innovation stokes demand

Alfonso Gonzalez Loeschen, the brand’s CEO in North America, discusses the benefits of its DTC model, the effects of inflation and how the platform is responding to young coffee drinkers.

By Christopher Doering • Sept. 5, 2023

Talking the future of food with Ginkgo Bioworks’ Patrick Boyle

As the head of Codebase, Boyle was a synthetic biologist "before it was cool.” We checked in to discuss the field of engineered organisms and what it means to the food industry.

By Judy McGuire • Aug. 31, 2023

Campbell Soup’s move into snacks boosts sales amid flat results in soups and meals

The manufacturer of Goldfish and its namesake soups is aiming to accelerate growth through its purchase of Sovos Brands, the maker of fast-growing Rao’s sauces, for $2.7 billion.

By Christopher Doering • Aug. 31, 2023

Anheuser-Busch invests $22.5M in its Houston brewery

The Bud Light manufacturer said the money will go toward enhancing workplace safety, upgrading the plant’s cooling system and reducing electricity consumption.

By Christopher Doering • Aug. 29, 2023

Hain Celestial’s CEO describes her ‘prove it’ strategy as challenges loom

Wendy Davidson, who took over in January, said the organic and natural products giant has reached “an inflection point” where the 30-year-old business can “unlock” its potential.

By Christopher Doering • Aug. 29, 2023

Former Cargill executive joins cultivated meat company Meati

Nicole Johnson-Hoffman has joined the firm’s board as it commences a nationwide retail launch of its mycelium steak and chicken breast analogs.

By Elizabeth Flood • Aug. 29, 2023

Pepsi celebrates 125 years: Inside the marketer’s media blitz

A campaign celebrating an anniversary milestone and past iconic ads doubles as the official introduction of the brand’s new logo.

By Peter Adams • Aug. 29, 2023

Mondelēz leans on startups to help fuel ambitious growth plans

The Oreo manufacturer said SnackFutures, its venture capital arm, plans to at least double the number of companies in its portfolio by 2030.

By Christopher Doering • Aug. 28, 2023

Hershey to close Dot’s Pretzels factory

The closure of the North Dakota plant is part of the company's plan to more efficiently increase production capacity at other manufacturing locations. 

By Kate Magill • Aug. 25, 2023

Leftovers: Tillamook takes its cheese into frozen meals | B&G brings whiskey buzz to the grill

The dairy brand is entering the freezer aisle for the first time with mac & cheese and pizza, while Dolci takes advantage of pumpkin spice season with its new blondie treat.

By Food Dive staff • Aug. 25, 2023

The Drinkable Company gives RTD coffee, tea and soda an added buzz with cannabis

The new brand from two beverage industry veterans is launching the products to meet consumers at different occasions, and is planning to launch on a state-by-state basis.

By Chris Casey • Aug. 25, 2023

Craft rum market poised to reach $2.5B by 2031

As young consumers prefer artisanal alcohol, the increased demand has created significant opportunities for small producers. 

By Chris Casey • Aug. 23, 2023

Miyoko’s Creamery’s new CEO is going ‘back to the basics’

Having served in the position for just two weeks, Stuart Kronauge is looking to simplify the brand’s message to reach a broader consumer base.

By Elizabeth Flood • Aug. 22, 2023

Ferrero to expand New York ice cream plant, add more than 200 jobs

The sweets giant said the project underscores its long-term growth and leadership in the novelty category following its purchase of Blue Bunny and Halo Top maker Wells Enterprises.

By Christopher Doering • Aug. 22, 2023

American Beverage names veteran insider as new CEO

Kevin Keane has served in the role on an interim basis for the trade group, which represents Coca-Cola, PepsiCo and other beverage companies.

By Christopher Doering • Aug. 21, 2023

Product testing firm working with Nestlé, Kraft Heinz raises $18M to fuel growth

Highlight, which streamlines the product testing process for CPG companies, said the money will be used to expand its business and hire additional employees.

By Christopher Doering • Aug. 21, 2023

How Unilever’s Liquid I.V. is quenching a rise in thirst for hydration drinks

An executive with the electrolyte mix explained why the brand is launching new items with better-for-you attributes — and how its product line could evolve.

By Chris Casey • Aug. 17, 2023