Corporate Operations: Page

  • A snack aisle
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    Price hikes pushed snack sales up 15.6% in 2022 as volumes declined, report says

    The category represents more than a quarter of the food and beverage market, but a Circana analyst warned that increases might be going too far.

    By • May 25, 2023
  • Customers shop for eggs at a H-E-B grocery store on February 08, 2023, in Austin, Texas.
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    Brandon Bell via Getty Images
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    Egg prices decline as flocks rebuild, bird flu’s impact wanes, analyst says

    The wholesale cost for a dozen has plunged from more than $5 to 84 cents, which could prompt consumers to purchase more of the popular commodity.

    By • May 25, 2023
  • Mergers and acquisitions Explore the Trendline➔
    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
  • spent brewing grain
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    Getty Images
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    Upcycled Foods Inc.’s chief innovation officer aims to unlock ‘treasure’ in spent ingredients

    Lara Ramdin said her company sees a burgeoning marketplace for reused items such as leftover grain from beer making, cacao fruit syrup and coffee leaves.

    By • May 24, 2023
  • DouxMatok's Incredo Sugar is made from sugar and manufacturers can use 40% less of it.
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    Courtesy of DouxMatok
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    DouxMatok rebrands to Incredo LTD as it raises $30M

    The Israeli company also announced a joint development agreement with Ferrero, which could provide many big opportunities for the sugar reducing ingredient to show its capabilities.

    By • May 24, 2023
  • Ceviche with plant-based tuna chunks from Current Foods, avocado, pepper slices, herbs and sesame seeds on tortilla chips on a checkered plate with a blue background.
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    Courtesy of Current Foods
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    Wicked Kitchen buys plant-based raw fish maker Current Foods

    The all-stock deal is the CPG company’s second alternative seafood acquisition in eight months, and broadens its holdings in an area primed for growth.

    By • May 23, 2023
  • Roasted coffee beans fill the frame.
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    Sean Gallup via Getty Images
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    Q&A

    How Smucker works toward sustainable coffee and brews new innovation

    In the second part of this Q&A, Coffee General Manager Joe Stanziano talks about the segment’s sustainability challenges and future plans.

    By • May 23, 2023
  • Babe wine, AB Inbev
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    Retrieved from AB InBev.
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    AB InBev to discontinue Babe wine and Hiball energy brands

    The alcohol giant told wholesalers that the decision was made to better focus the company and simplify it for growth by prioritizing its mega brands while supporting “choiceful innovations.”

    By • May 22, 2023
  • tea farm farmers
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    Major tea companies linked to plantations with reported human rights abuses, report says

    Companies including Unilever, Ekaterra and Starbucks said they are working to address these issues through greater supply chain transparency.

    By • May 22, 2023
  • Three different sized packages of Kinder Chocolate bars on a wooden counter with pieces of the chocolate lying in front.
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    Courtesy of Ferrero
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    Ferrero brings Kinder Chocolate to the US

    The flagship product of the popular candy brand is a large part of the European confectioner’s plan for North American growth.

    By • May 22, 2023
  • A double-decker plant-based burger with lettuce and tomato, American cheese, pickles and other toppings sitting on a white wood-grain surface with white wood paneling in the background.
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    Courtesy of Beyond Meat
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    Beyond Meat launches smash burgers in foodservice

    The new offering brings a plant-based version of the trendy thin and deeply flavored burgers to operators nationwide. 

    By • May 19, 2023
  • beer, perdue
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    Courtesy of Perdue Farms
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    Column

    Leftovers: Perdue taps into beer can chicken; Kellogg cereals shake into protein powder

    The poultry producer is launching a summer ale with seasonings that evoke the grilled favorite, and Nature Valley serves up savory snack bars in Everything Bagel, White Cheddar and Smoky BBQ flavors.

    By Food Dive staff • May 19, 2023
  • Plant-based cheeses from Miyoko's Creamery at Plant Based World in 2019.
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    Megan Poinski/Food Dive
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    Miyoko’s Creamery and its namesake founder settle litigation

    The plant-based cheese company and Miyoko Schinner posted on LinkedIn they have resolved lawsuits that arose from her removal last summer.

    By • May 19, 2023
  • Three slices of Air Chicken are on a glass plate, garnished with a small radish and purple flower. The background is a blue sky with a few clouds.
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    Courtesy of Air Protein
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    ADM joins with Air Protein to make meat analogs out of thin air

    The agribusiness giant previously invested in the startup, which uses NASA science from the 1960s to turn carbon dioxide into an edible product.

    By • May 18, 2023
  • A bag of Dunkin' coffee sits on a store shelf next to stacks of Folgers instant coffee jars
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    Justin Sullivan via Getty Images
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    Q&A

    How Smucker’s coffee brands keep sales and innovation percolating

    Joe Stanziano, who runs the segment, talked to Food Dive about how Folgers, Dunkin’ and Café Bustelo continue to lure generations of consumers in for another cup.

    By • May 17, 2023
  • A person wearing a blue sweater featuring macaroni noodles carries a shopping basket in front of a freezer case filled with boxes of frozen Kraft Macaroni & Cheese.
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    Courtesy of Kraft Heinz
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    Kraft Heinz launches frozen Macaroni & Cheese

    The new product is the latest innovation from the CPG company, which has created several brands and products in a variety of segments this year.

    By • May 17, 2023
  • Hogs
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    Getty Images
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    Supreme Court ruling upholding California’s animal welfare law could lead more states to act

    Producers of meat, eggs and other animal items are being advised more restrictive state laws may be coming after last week's 5-4 decision affirming the ban on pork from farms using gestation crates.

    By • May 17, 2023
  • A Beyond Meat double cheeseburger with a toothpick flag of the company's logo sits on a counter.
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    Courtesy of Beyond Meat
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    Beyond Meat sued by investors who claim they were misled

    According to the litigation, the plant-based meat company and its leaders provided an overly optimistic outlook about its growth prospects, causing investors to lose money while a former executive sold his own stock.

    By • May 15, 2023
  • dos equis low alcohol
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    Courtesy of Heineken USA
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    Column

    Leftovers: Dos Equis leans into low-alcohol trend with new beer; Flipz twists into State Fair pretzels

    The Heineken-owned brand adds to its RTD beverage line ahead of summer, and Folk Revival turns to the trees to upcycle acorns into microwaveable hot cereal cups.

    By Food Dive staff • May 12, 2023
  • Post Holdings, cereal, pebbles
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    Permission granted by Post Holdings
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    Post Holdings’ SPAC doesn’t find acquisition target, will return cash to shareholders

    The blank check company, which had a May 28 deadline to find a target, started looking for a partner in the CPG space two years ago. 

    By • May 11, 2023
  • A grassy farm with several rows of cacao trees.
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    Courtesy of Barry Callebaut
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    Barry Callebaut sets new sustainability and social responsibility targets

    The updated Forever Chocolate goals include making the entire company operate with net zero emissions by 2050, and have 100% certified or verified ingredients by 2030.

    By • May 11, 2023
  • Supreme Court of the United States exterior
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    Caroline Colvin/Food Dive
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    Supreme Court rejects pork industry challenge to California law

    The 5-4 decision is a legal win for animal welfare advocates, who have long argued the industry does not allow enough space for livestock, like breeding pigs, to roam.

    By • Updated May 11, 2023
  • Beyond Meat's plant-based Beyond Chicken
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    Courtesy of Beyond Meat
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    Beyond Meat is ‘turning a corner’ as gap between revenues and losses narrows, CEO says

    The plant-based meat company posted declines in sales and revenues almost across the board, but Ethan Brown said they are on target to be cash flow positive later this year.

    By • May 11, 2023
  • enjoy life, mondelez
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    Courtesy of Mondelez International
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    Mondelēz plans shutdown of Enjoy Life facility, will ‘refocus and narrow’ allergen-free portfolio

    The CPG giant said an influx of products in the free-from snacking space is prompting it to shutter the Indiana plant, where 105 people work.

    By • May 9, 2023
  • Ocean Spray, Hershey
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    Courtesy of Ocean Spray
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    Hershey partners with Ocean Spray on chocolate-covered fruit snacks

    The collaboration on cranberry bites further expands the market reach of the confectionery giant, which already has a presence in ice cream, milk, cereal and cookie dough.

    By • May 9, 2023
  • Four boxes of pizza with New Culture and Pizzeria Mozza logos. Two open boxes have pizzas featuring melted mozzarella pieces and basil
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    Courtesy of New Culture Foods
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    New Culture will launch animal-free mozzarella at acclaimed LA pizzeria in 2024

    The first cheese that uses casein made by precision fermentation will be at Nancy Silverton’s Pizzeria Mozza.

    By • May 9, 2023