Corporate Operations: Page 95
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Lightlife cleans up all of its labels
After a year of reformulating, all 19 products under the Greenleaf Foods banner have ingredient lists that are recognizable to consumers, which the company considers a necessity for plant-based food.
By Megan Poinski • May 5, 2021 -
Impossible Foods' GMO plant-based heme received proper approval, court rules
The knock down of the Center for Food Safety's challenge of the ingredient may be a sign of how questions about bioengineered food will be handled in the future.
By Megan Poinski • May 4, 2021 -
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 -
Laird Superfood acquires snack maker Picky Bars for $12M
This is the first portfolio addition for the plant-based company since its IPO last year, furthering its expansion into a new category.
By Samantha Oller • May 4, 2021 -
Deep Dive
As inflation rages, food and beverage manufacturers pass higher costs on to consumers
Coca-Cola, Nestlé and General Mills are just a few of the CPGs to announce hikes as they face a jump in expenses for ingredients, manufacturing, packaging and transportation.
By Christopher Doering • May 4, 2021 -
Tyson expands Raised & Rooted offerings further into competitive plant-based market
The meat processing giant is debuting hamburger and sausages to grow the brand that previously had faux chicken nuggets and tenders on store shelves.
By Christopher Doering • May 3, 2021 -
Column
Leftovers: Smartfood and Krispy Kreme pop into a sweet mashup; Goldfish get spicy with Frank's RedHot
PepsiCo's popcorn brand finds indulgent inspiration in glazed doughnuts, and Piedmont Candy lightens up with low-sugar Thinful snack mixes.
By Food Dive staff • April 30, 2021 -
Chr. Hansen Natural Colors acquires Secna Natural Ingredients
The first deal since the company was purchased by a private equity firm brings a European provider of red and purple hues under its umbrella.
By Lauren Manning • April 29, 2021 -
Olam to buy private label spice maker Olde Thompson for $950M
The acquisition gives the Asian company another asset in its Olam Food Ingredients portfolio, which it plans to IPO at the beginning of 2022.
By Megan Poinski • Updated April 30, 2021 -
Deep Dive
After the pandemic, how is the food business likely to fare?
With recent growth rates likely to slow down, future success may depend on companies' plans to improve operations, innovate and prevent price increases.
By Megan Poinski • April 29, 2021 -
Beyond Meat set to return to plant-based chicken this summer, Bloomberg reports
Just two years after the faux meat maker pulled its frozen strips, the company is poised to reenter the retail category again, but this time with several large competitors.
By Christopher Doering • April 28, 2021 -
Oscar Mayer introduces extensive brand refresh
Kraft Heinz is trying to revitalize the 138-year-old label as consumers reconsider legacy packaged food brands during the pandemic.
By Peter Adams • April 28, 2021 -
Agrifood tech companies raised $22.3B in funding in 2020, Finistere Ventures says
From e-commerce and biotech crops to meal kits and the supply chain, the firm said this space has experienced a CAGR of 50% in investments during the last decade, and more are likely to come.
By Megan Poinski • April 28, 2021 -
Austria's waterdrop brings sustainable 'microdrinks' to the US
The company makes clean label cubes to be dissolved in reusable containers, with the goal of reducing single-use plastic waste.
By Lauren Manning • April 27, 2021 -
Private label growth poised to reignite in 2021
Following a year when national brands led growth, store brands could benefit from shifting consumer behaviors and omnichannel shopping, according to NielsenIQ and ingredients supplier Kerry.
By Jeff Wells • April 26, 2021 -
Once a trendy beverage, Jones Soda fights to convince skeptics it can ‘win again’
CPG veteran Mark Murray said the company known for its quirky flavors can "stop the bleeding" with the right leadership as it competes against PepsiCo, Coca-Cola and changing consumer habits.
By Christopher Doering • April 26, 2021 -
Column
Leftovers: Nestlé introduces LasagnaMac; Blue Diamond expands into baking mixes
The world's largest food company makes a mashup of two popular comfort foods in a limited-edition Stouffer's meal, while Keurig Dr Pepper's Crush soda flavors are featured in Bomb Pop popsicles.
By Food Dive staff • April 23, 2021 -
Deep Dive
How COVID-19 impacted the food business
In a four-part series, Food Dive examines how CPG sales and demand were influenced by the pandemic and what business could look like going forward.
By Megan Poinski • April 22, 2021 -
Barry Callebaut CEO stepping down in October
Peter Boone, the chocolate company's president of the Americas since 2017, will replace Antoine de Saint-Affrique in September.
By Megan Poinski • April 22, 2021 -
IFF touts 'potential' of new company following $26.2B merger with DuPont unit
More than two months after the deal closed, the ingredients giant released unofficial sales numbers and explanatory videos to show the world its size and capabilities.
By Megan Poinski • April 22, 2021 -
Deep Dive
Why some food and drink companies lost sales during the COVID-19 pandemic
As consumers changed, they started looking at things to eat with a more critical eye, considering their health, well-being and wallets — and bringing declines in some categories.
By Megan Poinski • April 22, 2021 -
Retrieved from Post Holdings.
Anheuser-Busch to partner with Post to develop sustainable food
The products will use repurposed barley from EverGrain, a company backed by the beer giant, and oats with a negative carbon footprint from the cereal maker's Bright Future Foods.
By Christopher Doering • April 22, 2021 -
Brewing eggs: AB InBev venture arm to help Clara Foods scale up animal-free protein
This partnership is the first for ZX Ventures' new BioBrew division, which will help precision fermentation companies make enough of their products to compete with those from traditional agriculture.
By Megan Poinski • April 21, 2021 -
CPG employment rebounded after early pandemic plunge, report says
The Consumer Brands Association said the industry lost about 170,000 jobs early on but recovered 125,000 of them by the end of the year, outpacing the broader economy.
By Lauren Manning • April 21, 2021 -
PepsiCo to boost regenerative farming to 7M acres, equal to its entire agricultural footprint
CEO Ramon Laguarta said "a resilient food system is essential" to its business known for everything from Doritos and Quaker Oats to its namesake cola.
By Christopher Doering • April 20, 2021 -
Oatly officially makes its IPO
The Swedish oat product company plans to sell $1.65 billion worth of shares at a maximum price of $17.
By Megan Poinski • Updated May 11, 2021