Meat & Poultry: Page 42
-
Hormel completes $3.35B purchase of Planters from Kraft Heinz
The acquisition by the Minnesota company complements its Skippy and Justin's offerings while allowing Kraft Heinz to focus its portfolio on faster-growing, trendier brands.
By Christopher Doering • Updated June 7, 2021 -
USDA
Cargill and National Beef added to Congressional probe on worker safety at meat processors
The two meat companies join JBS USA, Tyson Foods, and Smithfield Foods in facing inquiry from the House Select Subcommittee on the Coronavirus Crisis about outbreaks at their facilities.
By Christopher Doering • Updated Sept. 17, 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 -
Courtesy of Impossible Foods
Impossible Foods cuts grocery store prices 20%
The price decrease is the first since the plant-based burgers hit grocery shelves in 2019. It follows two 15% reductions in price to foodservice distributors during the past 12 months.
By Megan Poinski • Feb. 2, 2021 -
Smithfield pledges 10% sugar and sodium reduction in all products
Along with a promise for cleaner labels, the meat company added a health and wellness pillar to its sustainability commitment at a time when consumers want food that is better for them.
By Mike De Socio and Samantha Oller • Feb. 1, 2021 -
Courtesy of Future Meat Technologies
Future Meat Technologies makes cell-based chicken costing $7.50 and gets $26.75M funding
The Israel-based cultured meat company is planning to get its products on plates in 2022 — or earlier if regulatory agencies move faster.
By Megan Poinski • Feb. 1, 2021 -
Courtesy of Stryve Foods
Stryve Foods set to go public with closing of SPAC deal
The merger with SPAC Andina Acquisition Corp. III was approved on Monday, with the biltong maker expected to begin trading on the NASDAQ on or about July 21.
By Christopher Doering • Updated July 20, 2021 -
Courtesy of BioNTech
CPG makers feel impact of 'inconsistent' vaccination program, trade group says
In a memo to the White House, the Consumer Brands Association said states and counties have "have outright de-prioritized frontline essential workers," which includes 1.7 million of its members.
By Christopher Doering • Jan. 28, 2021 -
Lillianna Byington/Food Dive
Survey: Consumers want healthy protein that tastes good, but aren't as concerned about sustainability
The report from the International Food Information Council found 75% of people classify themselves as omnivores, and seven in 10 tried a new plant-based protein in the past year.
By Megan Poinski • Jan. 28, 2021 -
"Woman in Yellow Tshirt and Beige jacket Holding a Fruit Stand" by Anna Shvets is licensed under CC BY 1.0
Shoppers shifting toward value and smaller sizes in 2021, IRI says
In its report, the market research firm also predicts the trend toward premiumization will ease while health, nutrition and sustainability will remain important to consumers.
By Jessi Devenyns • Jan. 27, 2021 -
Courtesy of Ukko
Ukko raises $40M for AI-enabled food allergy solutions
The company is making a nonallergenic version of gluten and a peanut tolerance treatment based on a safe version of the legume's protein.
By Megan Poinski • Jan. 27, 2021 -
Deep Dive
Will 2021 be the turning point for food technology?
What we eat and drink could soon change thanks to advances that allow for the creation of better ingredients, crops and animals. The biggest challenge: explaining the science to consumers.
By Megan Poinski • Jan. 26, 2021 -
Retrieved from Hungry Planet.
Post's dealmaking push accelerates with plant-based Hungry Planet partnership
Under the agreement, the St. Louis-based CPG company will distribute the upstart's meat-free burgers, chicken patties, sausage and crab cakes in grocery stores and to foodservice.
By Christopher Doering • Jan. 26, 2021 -
Retrieved from PepsiCo on March 07, 2019
PepsiCo and Beyond Meat to debut jerky snack as part of joint venture, Bloomberg reports
The two companies announced a partnership last January to develop, produce and market snack and beverage products made from plant-based protein.
By Christopher Doering • Updated Jan. 20, 2022 -
Bob Nichols. (2013). "20130822-OC-RBN-2946" [photograph]. Retrieved from Flickr.
White House withdraws Trump-era rule to permanently increase poultry line speeds
The USDA said revoking the measure, which would have increased line speeds to 175 birds per minute from 140, is part of a broader review of rules by the new administration.
By Christopher Doering • Jan. 26, 2021 -
Retrieved from Pilgrim's Pride on September 23, 2020
JBS USA and Pilgrim's offering workers $100 bonus to get COVID-19 vaccine
A small but growing number of food and grocery companies have offered cash or time off to get the shot, including Chobani, Instacart and Lidl.
By Christopher Doering • Jan. 25, 2021 -
Permission granted by Dr. Praeger’s
Dr. Praeger's Sensible Foods acquired by Vestar Capital Partners
The private equity group is investing in the 27-year-old company at a time when its plant-based and better-for-you frozen foods are exactly what consumers are looking for.
By Megan Poinski • Jan. 22, 2021 -
Retrieved from Algenuity on August 06, 2020
Deep DiveHow algae's potential could make other ingredients green with envy
The one-celled organism can be cultivated anywhere — and with research and Big Food partnerships, it might be the next great sustainability story.
By Megan Poinski • Jan. 21, 2021 -
Courtesy of BlueNalu
BlueNalu gets $60M in debt financing to bring cell-based seafood to the US this year
The California company is building out its new 40,000-square-foot headquarters to scale up its never-fished mahi-mahi as it continues discussions with FDA regulators.
By Megan Poinski • Jan. 20, 2021 -
Courtesy of Courtesy of Qualitas
Qualitas Health raises $10M for algae-based protein
The company, known for its omega-3 supplements, plans to use the investment to expand into new geographies, commercialize its products and boost its R&D.
By Jessi Devenyns • Jan. 14, 2021 -
Kendall Davis/Food Dive
Tracking food industry priority for the COVID-19 vaccine
President Joe Biden announced a deadline of April 19 for all adults in every state to be eligible for the coronavirus vaccine.
By Thai Phi Le • Updated April 6, 2021 -
Courtesy of Courtesy of Greenleaf Foods
Maple Leaf spends $100M for Indianapolis tempeh plant
Demand for the fermented soybean cake has risen 44% during the pandemic, and the company's Lightlife brand has 80% of U.S. sales for the plant-based staple.
By Samantha Oller • Jan. 13, 2021 -
Courtesy of Danone
Danone's So Delicious launches plant-based cheese
The dairy-free pioneer brand is the latest entrant in a crowded market, with shredded, sliced and spreadable varieties hitting shelves early this year.
By Megan Poinski • Jan. 12, 2021 -
Pilgrim's Pride pleads guilty to price fixing with DOJ and agrees to pay $108M fine
The chicken processor is the first company sentenced that admitted wrongdoing as part of the Justice Department's investigation, and should end the government's investigation into the firm.
By Lillianna Byington • Updated Feb. 24, 2021 -
Courtesy of Outstanding Foods
Outstanding Foods raises $10M as plant-based snacking grows
With its latest investment round, the company aims to overhaul the category with offerings that provide nutrition without sacrificing taste.
By Jessi Devenyns • Jan. 11, 2021 -
Smithfield Foods prepares to vaccinate its workers
Although circumstances vary by state and the timeframes are not yet firm, the company is anticipating COVID-19 vaccine availability and distribution for critical employees within 60 days.
By Lillianna Byington • Jan. 8, 2021
Previous
