Food system transformation on the menu at COP28

Agriculture will be central to climate talks for the first time as the UN pushes nations to tackle farming's toll on the environment.

By Sarah Zimmerman • Nov. 29, 2023

NASA is helping Hawai’i farmers grow more food with AI

Through the use of machine learning and satellite technology, researchers are working with Maui farmers to address food security and rebuild local agriculture with a focus on local tradition.

By Lauren Liebhaber • Nov. 28, 2023

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

Anheuser-Busch spends $13M to upgrade Georgia brewery

The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails.

By Christopher Doering • Nov. 27, 2023

Nestlé, Kraft defeat egg producers in price-fixing case

An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.

By Chris Casey • Nov. 27, 2023

Secret Island Salmon swims upstream with ‘F-word’ campaign

Edgy messaging is helping the direct-to-consumer brand drive awareness as it prepares for a broader launch at retail.

By Christine Blank • Nov. 27, 2023

Leftovers: Hidden Valley Ranch doubles down on flavor | My Mochi debuts pickle variety

The Clorox-owned salad dressing brand is adding more spices and herbs in a special X-shaped bottle, and Ojoy unveils a low-alcohol alternative to champagne ahead of the holiday season.

By Food Dive staff • Nov. 22, 2023

How Fresh Del Monte uses its farms to test regenerative agriculture efforts

The produce giant is stepping up to address gaps in sustainability for tropical fruits by experimenting with conservation efforts on company-owned farms.

By Sarah Zimmerman • Nov. 22, 2023

Kim Kardashian’s firm acquires minority stake in Truff

The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.

By Chris Casey • Nov. 21, 2023

Danone’s Horizon Organic suspends use of milk from Texas farm at center of PETA report

The animal rights group released images showing animal suffering and deaths at the operation near Dallas. It urged the USDA to open an investigation.

By Christopher Doering • Nov. 21, 2023

Beyond Meat makes another push into restaurants with Pizza Hut pepperoni in the UK

The topping will be available for a limited time starting in January. The plant-based pioneer has struggled to gain traction with similar partnerships in the U.S. 

By Christopher Doering • Nov. 20, 2023

Brown-Forman sells chardonnay maker to Duckhorn for $400M

The luxury wine company said its purchase of Sonoma-Cutrer Vineyards brings a leading brand in the growing chardonnay category to its portfolio.

By Chris Casey • Nov. 20, 2023

Leftovers: Hershey adds caramel to Reese’s | Nestlé pours Eggo-flavored Coffee mate

The candy giant is bringing a gooey layer of the sweet confectionery staple into its peanut butter-based Big Cup, and Oatly teams up with Insomnia Cookies.

By Food Dive staff • Nov. 17, 2023

Post Holdings CEO Rob Vitale reveals cancer diagnosis and medical treatment

In his first remarks since taking a leave of absence on Nov. 6, Vitale said he “feels great” and expressed confidence in the business and leadership while he is away.

By Christopher Doering • Nov. 17, 2023

Snickers maker Mars to buy UK chocolatier for $665M

The purchase of Hotel Chocolat expands the confectionery giant’s presence in the region and increases its exposure to premium offerings.

By Christopher Doering • Nov. 16, 2023

AB InBev US chief marketing officer to resign as Bud Light woes continue

The alcohol giant’s U.S. chief commercial officer will take over marketing for the beer brand in 2024 as it continues to feel the effects of a boycott.

By Chris Kelly • Nov. 16, 2023

Phreshly’s RTD cocktails target consumers tired of hard seltzers

The brand, which was off the market for more than a year after its 2022 launch, is back with two bourbon and rum-based offerings for adults looking for more mature products.

By Chris Casey • Nov. 15, 2023

Tyson leaving ‘no stone unturned’ in plans to cut costs, improve the business

The nation’s largest meat packer reported its third consecutive loss as it trudges through a period of margin compression driven by tighter supplies, lower pricing and soft demand.

By Nathan Owens • Nov. 14, 2023

Why Magnolia Bakery has high hopes for edibles endeavor

The New York City chain’s entrance into cannabis signals the continued promise food and beverage companies see in the space despite a lack of federal regulation.

By Chris Casey • Nov. 14, 2023

Ramen maker Nissin Foods to spend $228M on new US plant

The investment comes amid “unprecedented demand” for its popular noodle offering, with the company reporting four consecutive quarters of high double-digit growth.

By Christopher Doering • Nov. 13, 2023

Beyond Meat in ‘survival mode’ with going-concern risk a possibility, analyst says

A TD Cowen report pointed to several troubling signs for the plant-based pioneer, including loss of market share, struggles to attract and retain consumers, rising debt level and declining sales.

By Elizabeth Flood • Nov. 13, 2023

General Mills buys pet supplements maker Fera Pets for undisclosed amount

The purchase will be housed inside a growth equity fund created by the cereal giant to scale and expand newly acquired businesses for future integration into its core portfolio.

By Chris Casey • Nov. 10, 2023

Tyson to shutter 2 more processing plants as earnings woes mount

Closures in South Carolina and Florida add to the growing number of cost cuts this year in response to unfavorable market conditions.

By Nathan Owens • Nov. 10, 2023

Leftovers: Kraft Heinz chooses pickles for new ketchup | Elf on the Shelf gives the gift of ice cream

The food manufacturer is capitalizing on the growing popularity of the cucumber-based product, and Primal Kitchen unveils cranberry mayo for Thanksgiving leftovers.

By Food Dive staff • Nov. 10, 2023

Ingredion reorganizes business, focuses on ‘texture and healthful solutions’

The company said moving from operating on a regional level to a global one will provide greater insight into its performance for investors.

By Elizabeth Flood • Nov. 9, 2023

B&G Foods sells Green Giant US canned vegetable line to Seneca Foods

The Crisco and Ortega manufacturer said it continues to explore divesting products that have low margins or cash flow, as well as items that do not fit with its core portfolio.

By Christopher Doering • Nov. 9, 2023