Corporate Operations: Page 80
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Courtesy of Impossible Foods
Motif FoodWorks moves for Impossible Foods' patent to be revoked
This petition, which comes after the plant-based meat maker sued the ingredient company over its heme product, argues that the patent at the center of the dispute shouldn't have been granted in the first place.
By Megan Poinski • Updated April 20, 2022 -
Courtesy of Danone
Danone vows 'no sacred cows' as dairy giant prunes portfolio to boost growth
The company said it would improve performance in troubled offerings like Horizon Organic, invest more in winning products like Oikos and reposition the portfolio by selling existing brands and buying new ones.
By Christopher Doering • March 9, 2022 -
Explore the Trendline➔
Courtesy of Instacart
TrendlineTop 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 -
Tim Boyle via Getty Images
Coca-Cola and PepsiCo latest CPGs to suspend business in Russia
The soda giants join Kellogg, Kraft Heinz and others in ending or meaningfully scaling back operations in the country amid pressure from consumers and investors.
By Christopher Doering • March 9, 2022 -
Permission granted by Nestle
Nestlé to build $675M beverage factory in Arizona, creating more than 350 jobs
The plant will produce creamers, including its Coffee mate, Coffee mate natural bliss and Starbucks brands, with the capacity to add other offerings.
By Christopher Doering • March 9, 2022 -
Permission granted by Hostess Brands
Hostess Brands to invest up to $140M to retrofit idle plant for Donettes and cakes
The snacks maker said the Arkansas bakery is expected to be operational in the second half of 2023 and create about 150 new jobs during the next three years.
By Christopher Doering • March 8, 2022 -
Permission granted by Unilever
Unilever commits to annual nutritional report
The global CPG giant says it will publish its first report measuring its food products against governmental health goals by October.
By Megan Poinski • March 8, 2022 -
Permission granted by Tyson Foods
Tyson venture initiative to invest in sustainability tech
The meat giant is using its investment arm to source new ideas from startups to help lower its environmental footprint.
By Chris Casey • March 7, 2022 -
Courtesy of HumanCo
After 17 years of plant-based ice cream, why HumanCo rebranded Coconut Bliss and added dairy
The legacy flavors will continue, but company Founder and CEO Jason Karp said most consumers want clean-label, sustainable desserts made with dairy.
By Megan Poinski • March 7, 2022 -
Paula Bronstein via Getty Images
DOJ investigates poultry companies over anticompetitive labor practices, WSJ reports
The government is reviewing whether producers engaged in sharing information about employment practices that kept wages lower for workers.
By Christopher Doering • March 4, 2022 -
Permission granted by Phytolon
Ginkgo Bioworks partners with Phytolon on natural colors
The biotech powerhouse will work to improve and scale processes of the Israel-based company that uses precision fermentation to make yellow, purple and pink pigments.
By Megan Poinski • March 3, 2022 -
Permission granted by Ingredion
Disruption has drawn ingredient suppliers and food manufacturers closer, Ingredion CEO says
Jim Zallie said reduced R&D budgets, changing consumer tastes and an urgency to get products to market faster has created "more intimate relationships" between the two sides.
By Christopher Doering • March 3, 2022 -
Getty Images
OpinionHow to reintroduce sampling to the post-pandemic consumer
As shoppers shift their grocery spending online, food CPGs should consider these opportunities to connect, writes Jeff Snyder of Inspira Marketing Group.
By Jeff Snyder • March 3, 2022 -
Permission granted by Air Protein
Q&AHow Air Protein is making the journey from concept to product
The startup that makes carbon dioxide into a meat analog has been turning science and the need for more sustainability into something co-founder and CEO Lisa Dyson says can feed the world.
By Megan Poinski • March 2, 2022 -
Retrieved from Lifeway Foods.
Lifeway Foods in turmoil as family members push company to oust CEO, explore 'strategic alternatives'
The outcome could hinge on the opinion of dairy giant Danone, which owns 22.4% of the kefir maker's stock, making it the single-largest shareholder.
By Christopher Doering • March 1, 2022 -
Permission granted by Belgian Boys
Kind founder's fund leads $7M Belgian Boys investment
Through the money and a partnership, Daniel Lubetzky's Equilibra Ventures will help the European-style sweet snacks and breakfast company expand globally.
By Megan Poinski • March 1, 2022 -
Permission granted by Hain Celestial
Tea gets a wellness boost as Hain, Twinings aim to wake up the category
While sales in the segment have been largely flat to down in recent years, more consumers are turning to offerings with attributes like probiotics, relaxation, energy and immune support.
By Christopher Doering • March 1, 2022 -
Courtesy of Beyond Meat
As plant-based meat growth stalls, what does it mean for the category?
Earnings reports last week for Beyond Meat and Maple Leaf Foods showed flat or negative growth — and no clear way to jumpstart sales.
By Megan Poinski • Feb. 28, 2022 -
Courtesy of Johnsonville
Deep DiveFood suppliers wade into logistics as trucking rates soar
Businesses can't evade the trucking market, but there are strategies they can adopt to lessen the impact of market forces.
By Shefali Kapadia • Feb. 25, 2022 -
Christopher Furlong via Getty Images
Wheat's inflationary yearFood commodity prices soar as Russia invades Ukraine
With the two countries serving as major exporters of wheat, corn and other crops, the conflict is set to further roil ingredient and food prices and compromise supply.
By Samantha Oller • Feb. 25, 2022 -
Courtesy of Good Culture
Good Culture raises $64M for cultured foods expansion
The cottage cheese brand has attracted funding from investors including actress Kristen Bell as it looks to bring health benefits like probiotics into new product categories.
By Chris Casey • Feb. 24, 2022 -
Photo by Canva Studio from Pexels
PepsiCo, Coca-Cola prioritize diversity with latest moves
The parent company of Frito-Lay launched a business unit to support diverse partners and suppliers, while the Atlanta-based beverage giant said it will tie executives' annual incentive to reaching its DEI goals.
By Chris Casey • Feb. 24, 2022 -
Courtesy of The Kraft Heinz Not Company LLC
Kraft Heinz enters joint venture with NotCo
The partnership will develop and produce plant-based co-branded products, combining the CPG giant's vast portfolio and reach with the startup's ability to reimagine animal-derived food.
By Megan Poinski • Feb. 23, 2022 -
Courtesy of Kind
Kind CEO pushing bar giant beyond its signature product
Russell Stokes, who took the helm last October, is looking to add new ingredients to the company's bars and further increase its offerings in both breakfast and frozen foods.
By Christopher Doering • Feb. 23, 2022 -
Christopher doering/Food Dive
Deep DiveOnce an afterthought, brand licensing reaps billions for CPGs hungry for growth
Hershey, Conagra and Post are a few companies using the strategy to expand their business, build equity and keep products relevant.
By Christopher Doering • Feb. 22, 2022 -
Courtesy of Hostess Brands
Hostess gives Donettes doughnuts a jolt with addition of caffeine
The sweet snack, which is three times bigger than the average mini Donettes, contains nearly the same amount of the stimulant as one cup of coffee.
By Christopher Doering • Feb. 18, 2022
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