Meat / Protein: Page 13
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Danone partners on $200M+ accelerator to reduce methane
The yogurt producer is the first corporate sponsor of the Global Methane Hub’s program, which will fund research for solutions that address livestock's effect on emissions.
By Chris Casey • Nov. 28, 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 -
Explore the Trendline➔
Courtesy of InstacartTrendlineTop 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 -
Thanksgiving meal costs down from 2022, but still 25% higher than pre-pandemic
The American Farm Bureau Federation said while the average cost declined 4.5% from last year’s record, high supply costs and inflation continue to weigh on food prices.
By Christopher Doering • Nov. 16, 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 -
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 -
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 -
Perdue drives awareness of antibiotic-free claim with its first snack product
Chix Mix is its latest salvo in the messaging war against competitor Tyson, which announced it would remove the label from its poultry products this year.
By Chris Casey • Nov. 10, 2023 -
How tech, venture capital can help food industry meet 2030 emissions goals
Efforts like feed additives for cattle and implementing solar panels on farms can help producers decrease their carbon footprint, Ceres said in its latest report.
By Chris Casey • Nov. 8, 2023 -
Bird flu spreads to major poultry producing states Arkansas and Alabama
More than 1 million birds have been affected by the disease since its reemergence in the U.S. was confirmed in October.
By Sarah Zimmerman • Nov. 6, 2023 -
Tyson’s insect bet will spur further adoption in the space, IFT member says
Protein producers adopting bugs for use in animal feed provides a lower barrier for entry, potentially making it easier to introduce insects into consumer diets, experts say.
By Chris Casey • Nov. 6, 2023 -
Shoppers aren’t changing their Thanksgiving meal plans but are seeking more savings
Price-conscious consumers say they’re willing to dig deeper to put holiday dinner on the table, but grocers still need to help them along with smart discounts, Circana noted in a report.
By Sam Silverstein • Nov. 6, 2023 -
Beyond Meat slashes workforce as business model is under fire
The plant-based giant continues to face headwinds as consumers prioritize affordability.
By Elizabeth Flood • Nov. 3, 2023 -
Retrieved from Whole Foods Market on November 01, 2023
Consumers want the ‘plant’ back in plant-based: report
Whole Foods Market forecasted that more companies will focus on using clean ingredients in their products.
By Elizabeth Flood • Nov. 1, 2023 -
Retrieved from Nestlé on October 30, 2023
Nestlé launches 3 new plant-based fish items as category grows
The European launch of the vegan filets, fingers and nuggets is part of an effort by the company to increase sales of healthier foods.
By Elizabeth Flood • Oct. 31, 2023 -
Sanderson Farms cleared in blockbuster price-fixing case
A unanimous jury decision exonerated the chicken company in one of the largest antitrust cases involving the poultry industry.
By Nathan Owens • Oct. 30, 2023 -
Unfavorable US pork market weighs on Smithfield owner
Meatpacking giant WH Group is coping with profit declines as it consolidates operations and looks for cost cuts.
By Nathan Owens • Oct. 27, 2023 -
ADM rethinks scope of $300M plant-based investment
The market for alternative meat products has struggled with destocking and sluggish consumer demand in the past year.
By Nathan Owens • Oct. 25, 2023 -
Retrieved from Post Holdings.Deep Dive
Inside Post Holdings’ transformation from cereal slinger to a diversified CPG giant
The company's unconventional approach has created a nearly $6 billion operation that has a competitive presence in peanut butter, eggs and pet food.
By Christopher Doering , Jasmine Ye Han • Oct. 23, 2023 -
Deep Dive
The quiet dealmaker: How Post Holdings’ CEO went from selling men’s clothing to closing billion-dollar deals
Rob Vitale’s penchant for M&A and reputation as a strategic thinker has proven to be a shrewd fit for a 128-year-old business once looking to define its future. Nearly a decade in, he’s not done yet.
By Christopher Doering , Shaun Lucas • Oct. 23, 2023 -
Meati makes its move into growing plant-based snack category
The launch of jerky products comes after Beyond Meat unveiled shelf-stable products, heating up competition in the plant-based market.
By Elizabeth Flood • Oct. 19, 2023 -
Retrieved from Protix on October 18, 2023
Tyson Foods partners with insect protein startup to develop ingredient facility
The meat giant will work with Protix to construct a facility dedicated to insect protein items in the U.S., for use in pet food, aquaculture and livestock production.
By Chris Casey • Oct. 18, 2023 -
The slow road to retail: How consumers are dictating cultivated meat’s strategy
Consumer acceptance is a major challenge facing the space, and a big reason why Upside Foods and Eat Just are only available at exclusive restaurants.
By Elizabeth Flood • Oct. 16, 2023 -
Retrieved from Monogram Foods on October 12, 2023
Meat snack maker fined $140K, faced shipping restrictions for child labor violations
The U.S. Department of Labor is ramping up enforcement activity and putting employers "on notice" as it reports a significant rise in the number of children illegally working at facilities.
By Sarah Zimmerman • Oct. 13, 2023 -
Turkey prices could fall as Thanksgiving nears, but bird flu reemergence threatens flocks
Consumers will likely see lower prices for the holiday staple compared to last fall, according to a report, but the unpredictable avian flu remains a threat.
By Chris Casey • Oct. 11, 2023 -
The image by Tony Webster is licensed under CC BY-SA 2.0
Smithfield to close North Carolina pork processing plant
The company said the move would help increase efficiency as the meat industry grapples with tightening margins.
By Sarah Zimmerman • Oct. 10, 2023