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PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The plaintiffs say that contrary to its public positioning, Vital Farms uses cruel and unethical practices in raising its chickens. The lawsuit was filed with the assistance of attorneys from the HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Earlier this month, General Mills bought Tyson Foods' pet treats business for $1.2 billion. "Both those things combined, you know, really enhance our growth exposure and the profitability of our WHY SOME FOOD AND DRINK COMPANIES LOST SALES DURING THESEE MORE ONFOODDIVE.COM
HOW THE PANDEMIC IS RESHAPING THE SNACKING OCCASION How the pandemic is reshaping the snacking occasion. Consumer research shared by ADM shows the influence of stress, boredom and other lockdown forces on snacking behavior — PEPSICO IS MAKING 'A MUCH BIGGER PLAY' FOR SALES IN THE PepsiCo is making 'a much bigger play' for sales in the burgeoning plant-based market The CPG giant has made several acquisitions and introduced new products in an effort to scale quickly and WHERE THEY STAND: POLITICAL DONATIONS FROM 10 OF THE Anheuser-Busch, one of the biggest overall donors to PACs and lawmakers among food and beverage companies, along with Coca-Cola, sharply cut contributions from IFF TO DIVEST FRUIT PREP BUSINESS IN FIRST STEP OF On the call, Fibig said the business contributed about $17 million to IFF's segment sales in 2020, and this divestiture is the first step in the ingredient company's portfolio optimization FOOD DIVE: FOOD INDUSTRY NEWS AND ANALYSISDEEP DIVEOPINIONLIBRARYEVENTSSIGN UP Food Dive provides news and analysis for food industry executives. We cover food manufacturing, R&D, regulation, food processing, GMOs, innovation, marketing, retail HOW COVID-19 IMPACTED THE FOOD BUSINESS 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. PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The plaintiffs say that contrary to its public positioning, Vital Farms uses cruel and unethical practices in raising its chickens. The lawsuit was filed with the assistance of attorneys from the HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Earlier this month, General Mills bought Tyson Foods' pet treats business for $1.2 billion. "Both those things combined, you know, really enhance our growth exposure and the profitability of our WHY SOME FOOD AND DRINK COMPANIES LOST SALES DURING THESEE MORE ONFOODDIVE.COM
HOW THE PANDEMIC IS RESHAPING THE SNACKING OCCASION How the pandemic is reshaping the snacking occasion. Consumer research shared by ADM shows the influence of stress, boredom and other lockdown forces on snacking behavior — PEPSICO IS MAKING 'A MUCH BIGGER PLAY' FOR SALES IN THE PepsiCo is making 'a much bigger play' for sales in the burgeoning plant-based market The CPG giant has made several acquisitions and introduced new products in an effort to scale quickly and WHERE THEY STAND: POLITICAL DONATIONS FROM 10 OF THE Anheuser-Busch, one of the biggest overall donors to PACs and lawmakers among food and beverage companies, along with Coca-Cola, sharply cut contributions from IFF TO DIVEST FRUIT PREP BUSINESS IN FIRST STEP OF On the call, Fibig said the business contributed about $17 million to IFF's segment sales in 2020, and this divestiture is the first step in the ingredient company's portfolio optimization COVID-19 ACCELERATES RETHINKX PREDICTIONS OF MEAT AND James Arbib, who started the think tank behind the 2019 report, said at a virtual conference last week that health needs, supply chain issues and hazards of the meat industry have all been laid MEAT PROCESSORS WRESTLE WITH WORKER SHORTAGES AS US 1 day ago · Meat and poultry processing is a challenging and physically demanding job. Workers in some cases are required to perform the same task over and over, or work with machinery, both ofwhich can be
FOOD MANUFACTURING NEWS Oatly CEO sees a long runway for growth on its Wall Street debut. As the Sweden-based company with a valuation of $10 billion enters the markets, Toni Petersson plans to add more manufacturing SIMULATE RAISES $50M TO EXPAND ITS PLANT-BASED CHICKEN 1 day ago · Simulate, parent company of plant-based chicken analogs Nuggs and Discs, raised $50 million in a Series B funding round. Theinvestment was led
GELTOR DEBUTS VEGAN COLLAGEN FOR FOOD AND BEVERAGES 14 hours ago · Dive Brief: Cultured protein developer Geltor Inc. has debuted PrimaColl, which it said is the first vegan collagen for food and beverages, according to a press release emailed to Food Dive. WHOLEFRUIT CHOCOLATE LAUNCHES UNDER EVOCAO LABEL 14 hours ago · Dive Brief: The first artesanal WholeFruit chocolate blend, known as Evocao, is now available from Barry Callebaut's Cacao Barry brand. Evocao was THE BETTER MEAT CO. UNVEILS MYCOPROTEIN FERMENTATION LINE Since it was founded in 2018, The Better Meat Co. has been using extrusion technology to turn pea and algae proteins, bamboo and psyllium into ingredients to NEW WATKINS 1868 ORGANIC GRILLING PRODUCTS SPICE UP 13 hours ago · Winona, Minn. — It’s time to dust off the deck and fire up the grill as the much-anticipated grilling season gets underway. And this year, things are going to get spicy, with thelaunch of
PEPSICO TO INVEST $200M IN PLANT EXPANSION AS SNACK 19 hours ago · The investment in Frito-Lay's Rosenberg, Texas, facility will create 160 jobs and add two manufacturing lines for Funyuns and tortilla chips, as well as increase warehouse capacity. HOLY COW! YOUR FAVORITE WORKOUT RECOVERY DRINK DELIVERS A Milk is still milk, but newly available data from the US Department of Agriculture (USDA) shows that more nutrients in real milk meet thethreshold
FOOD DIVE: FOOD INDUSTRY NEWS AND ANALYSISDEEP DIVEOPINIONLIBRARYEVENTSSIGN UP Food Dive provides news and analysis for food industry executives. We cover food manufacturing, R&D, regulation, food processing, GMOs, innovation, marketing, retail HOW COVID-19 IMPACTED THE FOOD BUSINESS How COVID-19 impacted the food business. In a four-part series, Food Dive examines how CPG sales and demand were influenced by the pandemicand
HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The plaintiffs say that contrary to its public positioning, Vital Farms uses cruel and unethical practices in raising its chickens. The lawsuit was filed with the assistance of attorneys from the GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Earlier this month, General Mills bought Tyson Foods' pet treats business for $1.2 billion. "Both those things combined, you know, really enhance our growth exposure and the profitability of our PEPSICO IS MAKING 'A MUCH BIGGER PLAY' FOR SALES IN THE PepsiCo is making 'a much bigger play' for sales in the burgeoning plant-based market The CPG giant has made several acquisitions and introduced new products in an effort to scale quickly and KODIAK CAKES PURCHASED BY PRIVATE EQUITY FIRM L CATTERTON Pancake maker Kodiak Cakes is being acquired by private equity firm L Catterton for an undisclosed amount, the companies said in a statement. Kodiak has CORONAVIRUS SWEETENS COOKIE AND CHOCOLATE SALES Comparatively, the cookie market grew 3.7% in 2019, reaching $9.1 billion in sales. Chocolate sales have also spiked 5.5% between March and September, according to TREASURE8 PARTNERS WITH MARIANI FOR FOOD DEHYDRATION Treasure8 partners with Mariani for food dehydration innovation. The California startup will use its exclusively licensed technology to help the 115-year-old dried fruit company bring healthier OATLY STOPS ADVERTISING 'NO ADDED SUGARS' AFTER CHALLENGE Oatly will voluntarily stop advertising its unsweetened oat milk beverages as having "no added sugars" following a challenge byCampbell Soup Co.
FOOD DIVE: FOOD INDUSTRY NEWS AND ANALYSISDEEP DIVEOPINIONLIBRARYEVENTSSIGN UP Food Dive provides news and analysis for food industry executives. We cover food manufacturing, R&D, regulation, food processing, GMOs, innovation, marketing, retail HOW COVID-19 IMPACTED THE FOOD BUSINESS How COVID-19 impacted the food business. In a four-part series, Food Dive examines how CPG sales and demand were influenced by the pandemicand
HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The plaintiffs say that contrary to its public positioning, Vital Farms uses cruel and unethical practices in raising its chickens. The lawsuit was filed with the assistance of attorneys from the GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Earlier this month, General Mills bought Tyson Foods' pet treats business for $1.2 billion. "Both those things combined, you know, really enhance our growth exposure and the profitability of our PEPSICO IS MAKING 'A MUCH BIGGER PLAY' FOR SALES IN THE PepsiCo is making 'a much bigger play' for sales in the burgeoning plant-based market The CPG giant has made several acquisitions and introduced new products in an effort to scale quickly and KODIAK CAKES PURCHASED BY PRIVATE EQUITY FIRM L CATTERTON Pancake maker Kodiak Cakes is being acquired by private equity firm L Catterton for an undisclosed amount, the companies said in a statement. Kodiak has CORONAVIRUS SWEETENS COOKIE AND CHOCOLATE SALES Comparatively, the cookie market grew 3.7% in 2019, reaching $9.1 billion in sales. Chocolate sales have also spiked 5.5% between March and September, according to TREASURE8 PARTNERS WITH MARIANI FOR FOOD DEHYDRATION Treasure8 partners with Mariani for food dehydration innovation. The California startup will use its exclusively licensed technology to help the 115-year-old dried fruit company bring healthier OATLY STOPS ADVERTISING 'NO ADDED SUGARS' AFTER CHALLENGE Oatly will voluntarily stop advertising its unsweetened oat milk beverages as having "no added sugars" following a challenge byCampbell Soup Co.
MEAT PROCESSORS WRESTLE WITH WORKER SHORTAGES AS US 14 hours ago · Meat and poultry processing is a challenging and physically demanding job. Workers in some cases are required to perform the same task over and over, or HOW COVID-19 IMPACTED THE FOOD BUSINESS 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. CONSUMERS ARE EATING AT HOME MORE, BUT SOME ARE GETTING Dive Brief: More than half of consumers (55%) are eating at home more frequently since the pandemic began, but not everyone is enjoying this new approach to mealtime, according to a THE BETTER MEAT CO. UNVEILS MYCOPROTEIN FERMENTATION LINE 1 day ago · Since it was founded in 2018, The Better Meat Co. has been using extrusion technology to turn pea and algae proteins, bamboo and psyllium into ingredients to SIMULATE RAISES $50M TO EXPAND ITS PLANT-BASED CHICKEN 13 hours ago · Simulate, parent company of plant-based chicken analogs Nuggs and Discs, raised $50 million in a Series B funding round. The investment was led TASTE IS TOPS IN CONSUMERS' YOGURT PRIORITIES, SURVEY 12 hours ago · Half of consumers consider the Nutrition Facts panel and list of ingredients important when shopping for yogurt, according to IFIC’s survey. This shows how engaged these shoppers are — HOLY COW! YOUR FAVORITE WORKOUT RECOVERY DRINK DELIVERS A Milk is still milk, but newly available data from the US Department of Agriculture (USDA) shows that more nutrients in real milk meet thethreshold
FLAGSTONE FOODS ANNOUNCES INTENT TO SOURCE 100% OF ITS 1 day ago · MINNEAPOLIS – June 8, 2021 – As a part of its landmark Healthy Bees, Happy Snackers initiative, Flagstone Foods, a premier private label manufacturer of HYBRID TECHNOLOGY ENABLES FOOD PRODUCTION FACILITIES TO Sustainability is top of mind for both consumers and food producers, which means production facilities are proactively looking for ways todecrease the
LEFTOVERS: DIGIORNO CELEBRATES NATIONAL DONUT DAY WITH A Column Leftovers: DiGiorno celebrates National Donut Day with a pizza twist; General Mills' cold cereals get hot Nestlé's latest mashup adds mozzarella and tomato sauce to doughnuts, while a FOOD DIVE: FOOD INDUSTRY NEWS AND ANALYSISDEEP DIVEOPINIONLIBRARYEVENTSSIGN UP Food Dive provides news and analysis for food industry executives. We cover food manufacturing, R&D, regulation, food processing, GMOs, innovation, marketing, retail GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Before the pandemic, Harmening said at his presentation at the virtual Consumer Analysts Group of New York conference in February, General Mills had come up with its Accelerate strategy. The PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The class-action lawsuit claims consumers were duped into paying more for products from the pasture-raised egg company, which the plaintiffs say does not treat its hens humanely. HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up CORONAVIRUS SWEETENS COOKIE AND CHOCOLATE SALES Dive Brief: The growth rate of the cookie market hit 6.6% for the 52-weeks ending Sept. 16, according to IRI data reported by Food Business News.Indulgent cookies have ARSENIC FOUND IN 11 BOTTLED WATER BRANDS, CONSUMER REPORTS Dive Insight: Consumer Reports is using this investigation to show that more consistent regulation of bottled water is needed. Arsenic is "a natural component of the earth's crust and is widely WILL THE INSTANT NESTEA RELAUNCH BE SUCCESSFUL? Dive Insight: The Nestea brand came to New Age this summer with its acquisition of the New York-based Brands Within Reach sales and marketing agency, Food CHAPUL EXITS INSECT PROTEIN BARS AFTER CO-PACKER GOES OUTINSECT PROTEIN BARSCHAPUL AFTER SHARK TANKCHAPUL FLOURCHAPUL NET WORTH Dive Insight: Chapul was founded in 2012, so the company is a U.S. pioneer when it comes to using insects in food products. However, it's been a challenge for the company and others in KEURIG DR PEPPER TO BUY PREMIUM WATER BRAND CORE NUTRITION Dive Brief: Keurig Dr Pepper announced it will buy premium water brand CORE Nutrition for $525 million, according to a press release.The acquisition, which is expected to close by the end of the OATLY STOPS ADVERTISING 'NO ADDED SUGARS' AFTER CHALLENGEOATLY ADVERTISINGDOES OATLY HAVE ADDED SUGAR Dive Insight: Campbell's challenge of Oatly's "no added sugars" advertising is likely a move to keep the companies on even footing in the competitive oat milk space. FOOD DIVE: FOOD INDUSTRY NEWS AND ANALYSISDEEP DIVEOPINIONLIBRARYEVENTSSIGN UP Food Dive provides news and analysis for food industry executives. We cover food manufacturing, R&D, regulation, food processing, GMOs, innovation, marketing, retail GENERAL MILLS SHUFFLES EXECS AS PART OF RESTRUCTURING Before the pandemic, Harmening said at his presentation at the virtual Consumer Analysts Group of New York conference in February, General Mills had come up with its Accelerate strategy. The PETA-AFFILIATED LAWSUIT ACCUSES VITAL FARMS OF LYING ABOUT The class-action lawsuit claims consumers were duped into paying more for products from the pasture-raised egg company, which the plaintiffs say does not treat its hens humanely. HOW MUCH OF A BOOST DID FOOD COMPANIES GET FROM COVID-19? While 2020 was a bad year for most businesses, many people and health in general, the food business was booming. As a whole, CPG food and beverage saw unprecedented growth, with industry sales up CORONAVIRUS SWEETENS COOKIE AND CHOCOLATE SALES Dive Brief: The growth rate of the cookie market hit 6.6% for the 52-weeks ending Sept. 16, according to IRI data reported by Food Business News.Indulgent cookies have ARSENIC FOUND IN 11 BOTTLED WATER BRANDS, CONSUMER REPORTS Dive Insight: Consumer Reports is using this investigation to show that more consistent regulation of bottled water is needed. Arsenic is "a natural component of the earth's crust and is widely WILL THE INSTANT NESTEA RELAUNCH BE SUCCESSFUL? Dive Insight: The Nestea brand came to New Age this summer with its acquisition of the New York-based Brands Within Reach sales and marketing agency, Food CHAPUL EXITS INSECT PROTEIN BARS AFTER CO-PACKER GOES OUTINSECT PROTEIN BARSCHAPUL AFTER SHARK TANKCHAPUL FLOURCHAPUL NET WORTH Dive Insight: Chapul was founded in 2012, so the company is a U.S. pioneer when it comes to using insects in food products. However, it's been a challenge for the company and others in KEURIG DR PEPPER TO BUY PREMIUM WATER BRAND CORE NUTRITION Dive Brief: Keurig Dr Pepper announced it will buy premium water brand CORE Nutrition for $525 million, according to a press release.The acquisition, which is expected to close by the end of the OATLY STOPS ADVERTISING 'NO ADDED SUGARS' AFTER CHALLENGEOATLY ADVERTISINGDOES OATLY HAVE ADDED SUGAR Dive Insight: Campbell's challenge of Oatly's "no added sugars" advertising is likely a move to keep the companies on even footing in the competitive oat milk space.INGREDIENTS NEWS
Danone partners with upstart to create food derived from the pongamia tree Terviva's deal with the French CPG giant could provide a major boost for ingredients extracted from the plant that it HYBRID TECHNOLOGY ENABLES FOOD PRODUCTION FACILITIES TO Sustainability is top of mind for both consumers and food producers, which means production facilities are proactively looking for ways todecrease the
FOOD ALLERGY PREVENTION STARTUP READY, SET, FOOD RAISES $3 The prevalence of food allergies is increasing, including in children. About 8% of U.S. children have a food allergy, according to the Centers for Disease Control and Prevention. Reactions are HOLY COW! YOUR FAVORITE WORKOUT RECOVERY DRINK DELIVERS A 15 hours ago · Milk is still milk, but newly available data from the US Department of Agriculture (USDA) shows that more nutrients in real milk meet the threshold BIG FOOD HIT PAUSE ON SWITCHING TO NATURAL COLORS. WHAT On Feb. 5, 2016, Mars, Incorporated made a big promise: Within five years, it would remove artificial colors from its entire portfolio of food for people. "Eliminating all artificial colors from LEFTOVERS: DIGIORNO CELEBRATES NATIONAL DONUT DAY WITH A Column Leftovers: DiGiorno celebrates National Donut Day with a pizza twist; General Mills' cold cereals get hot Nestlé's latest mashup adds mozzarella and tomato sauce to doughnuts, while a MICROWAVE POPCORN STARTUP OPOPOP RAISES $5M AHEAD OF In its announcement on the funding round and product launch, Opopop cites the popcorn category's 13% growth rate in 2020. At the sametime, it claims
MONDELEZ BEGINS 'STRATEGIC REVIEW' FOR TRIDENT, OTHER GUM Dive Brief: Mondelez International said it is conducting a "strategic review" of its gum segment that includes brands such as Trident and Dentyne, Luca Zaramella, the company's CFO, said at a A SYSTEMS APPROACH TO INNOVATION Innovating in the quickly evolving world of foods and beverages is more challenging than ever. Consumers now expect a lot from the products they purchase, including a strong nutritional profile READY TO SELL: HOW CPG BRANDS CAN ENSURE A SUCCESSFUL EXIT The following is a guest post from Josh Wand, CEO of ForceBrands, a strategic recruiting firm for consumer brands, and Pinata. For nearly two decades, I have had a front-row seat to the We use cookies to optimize your experience on our website and for analytics and advertising purposes. By continuing to use our site, you agree to our cookie policy. Learn moreGot it!
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Courtesy of Mondelez MONDELEZ MAY CLOSE 2 BAKERY PLANTS IN 2021 The Oreo maker said the facilities in Atlanta and Fair Lawn, New Jersey, are in need of repair and no longer geographically strategic. Read more ➔TOP STORIES
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BEYOND MEAT OFFERS A CYBER MONDAY DTC DEAL*
OCEAN SPRAY EXPANDS BETTER-FOR-YOU OFFERINGS WITH NEW FUNCTIONALWATERS
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4 REASONS PLANT-BASED MILK WILL KEEP GROWING AFTER THE PANDEMIC*
MCCORMICK BUYS HOT SAUCE MAKER CHOLULA FOR $800M*
DIAGEO'S GROWTH PLANS: MORE PREMIUM BRANDS AND DIVERSITY INLEADERSHIP
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Jennie-O Turkey StoreDeep Dive
'IT'S OUR SUPER BOWL': HOW FOOD MANUFACTURERS ARE PREPARING FOR AN UNORTHODOX HOLIDAY SEASON The pandemic has upended how consumers plan to celebrate, prompting CPG companies to reduce product sizes, tout offerings for novice cooks and shift more resources online.Manufacturing
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Danone
DANONE TO CUT UP TO 2,000 JOBS AS IT TRIES TO SAVE NEARLY $1.2B CEO Emmanuel Faber says the company needs to "reinvent" itself as it gets hit hard by restaurant closures, a reduction of SKUs offered by retailers and a drop in birth rates that curtails formulaconsumption.
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Neiman Marcus
WITH THE PANDEMIC ALTERING THANKSGIVING, EXPERTS OFFER MUDDLEDHOLIDAY OUTLOOKS
Celebrations this year will look different depending on food choices, income levels and the fact that the pandemic will lead to smaller gatherings, according to a trio of reports.Grocery
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Permission granted by Tyson Foods TYSON SUSPENDS MANAGERS AFTER ACCUSATION OF BETTING ON WORKERSGETTING COVID-19
After the issue was raised in a lawsuit filed by the family of a worker in Iowa who died of coronavirus, the company will conduct an independent investigation led by former Attorney General EricHolder.
Manufacturing
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Permission granted by PepsiColumn
LEFTOVERS: PEPSI BOTTLES APPLE PIE; BUSCH LITERALLY GOES TO THE DOGS The soda giant is introducing the limited-edition dessert flavored cola in a Thanksgiving sweepstakes, and Mondelez invites fans to personalize their Oreos.Corporate
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"04 12 12_Coconut Oil Biscuits_0217"
by Meal Makeover Moms is licensed under CCBY-ND 2.0
YOUNGER CONSUMERS WANT MORE FAT, STUDY FINDS Most older shoppers feel just the opposite, according to a five-year study from New Nutrition Business.Ingredients
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Adeline Kon/Food DiveDeep Dive
BY THE NUMBERS: EXAMINING THE COST OF THE PANDEMIC ON THE MEATINDUSTRY
Over the last eight months, some of the largest companies have spent millions to deal with the coronavirus and seen thousands of workers get infected, while meat supply and pricing fluctuate.Manufacturing
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Courtesy of Tofurky
Deep Dive
TALKING TOFURKY: HOW ITS MISSION AND FUN APPROACH MADE A QUIRKY COMPANY A PLANT-BASED LEADER While the 25-year-old family-owned company may be named after its Thanksgiving roast, a diverse array of products and leadership have helped establish the now-trendy segment.Corporate
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Trendline
THE GROWTH OF PLANT-BASED FOODS As the coronavirus pandemic has gripped the nation, sales of plant-based products have skyrocketed. Find out the latest trends in the rapidly evolving food segment in this trendline.*
Courtesy of Cargill
CARGILL UPSTART PREDICTS $1B IN SALES AS DEMAND FOR HEALTHYINGREDIENTS SURGE
Cargill Health Technologies was launched by the agricultural giant to expand the understanding of gut and digestive health and their connection to the body's immune system.Ingredients
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Impossible Foods
$8.37B INVESTED IN FOOD TECH IN FIRST 3 QUARTERS OUTPACES ALL OF2019, REPORT SAYS
Late stage startups represented 78% of the capital, with Impossible Foods, Memphis Meats, LiveKindly and Perfect Day representing some of the largest deals in 2020.Corporate
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Courtesy of Barry Callebaut BARRY CALLEBAUT DEBUTS HIGH PERFORMANCE AND SUSTAINABLE CHOCOLATELINE
The products, which are hitting the market in time for the holiday season, are made for North American consumers' palates.Ingredients
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Courtesy of SunOpta
SUNOPTA SELLS GLOBAL INGREDIENTS DIVISION FOR $390M The company plans to use the money it receives from the deal to expand its plant-based food and beverage offerings as well as to paydown debt.
Ingredients
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Ben & Jerry's
UNILEVER SETS $1.2B SALES GOAL FOR PLANT-BASED PRODUCTS Executives said they plan to reach this target by introducing meat- and dairy-free varieties of current products as well as by rollingout new brands.
Ingredients
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Flickr user cote
PEPSICO 'FIRED' FROM EXCLUSIVE DISTRIBUTION DEAL WITH BANG ENERGY The beverage giant says it will continue distributing the energy drink even after Bang's CEO cited "multiple issues and concerns regarding PepsiCo’s performance" since the two partnered in April. UPDATED: Nov. 17, 2020 at 5:58 p.m.Corporate
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Kind
MARS BUYS KIND NORTH AMERICA The acquisition comes three years after the privately held food and confectionery giant first took a stake in the company known for its natural snack bars. Terms of the deal were not disclosed. UPDATED: Nov. 17, 2020 at 1:18 p.m.Ingredients
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Retrieved from USDA photo by Preston Keres via Flikr.
Deep Dive
OSHA COMES UNDER FIRE FOR 'PALTRY' FINES AND LAX GUIDANCE TO MEATPLANTS
While critics call the citations "less than a slap on the wrist," companies including Smithfield and JBS have denounced the fines, saying they followed the agency's recommendations for the pandemic once they were available.Corporate
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eldinhoid via Getty ImagesOpinion
THE HOLIDAY CPG CHALLENGE: CONVINCE CONSUMERS NOT TO TRADE DOWN Even though shoppers may be looking to save money on this year's festive feasts, there are ways to get them to buy brand-name products. Meghan Howard of Chicory offers several suggestions.Grocery
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Courtesy of Mondelez GLUTEN FREE OREOS COMING TO STORES IN JANUARY Wheat-free varieties of Mondelez's signature sandwich cookie in original and Double Stuf will be permanent additions to the product lineup, the company said.Ingredients
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B&G Foods
B&G FOODS CEO KENNETH ROMANZI ABRUPTLY STEPS DOWN The maker of Green Giant and Ortega said he is resigning to "pursue personal interests." David Wenner, who previously led the company, has been named interim CEO.Corporate
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Permission granted by Mondelez International MONDELEZ TIES MARKETING TO INTERNAL DIVERSITY EFFORTS WITH 'HUMANING'APPROACH
Aligning its internal and external strategies around consumers and purpose, the CPG plans to move beyond "cautious" data-driven tactics — even as it puts a premium on first-party data.Corporate
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Courtesy of Oatly
HOW OATLY ACCELERATED GROWTH DURING THE PANDEMIC In a year of adversity, oat milk is on top, with dollar sales up 212% above last year. The company's North America President Mike Messersmith explains why the beverage is booming and shares itsexpansion plans.
Corporate
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Permission granted by Beyond Meat BEYOND MEAT TO LAUNCH TASTIER AND HEALTHIER VARIETIES IN 2021 Rather than simply introducing a reformulation, the plant-based food company is touting two variations that appeal to different consumer preferences.Ingredients
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Lillianna Byington/Food Dive PREMIUM FOODS ARE POPULAR WITH CONSUMERS DURING COVID OUTBREAK, IRISAYS
The market research firm said the growth is coming from millennials seeking new experiences while low-income households identify consuming them with special occasions. Packaging / Labeling*
Courtesy of Perdue FarmsColumn
LEFTOVERS: PERDUE DEBUTS TURKEY NUGGETS FOR AN UNCONVENTIONAL THANKSGIVING; CHOCOLATES GET A TRULY HARD SELTZER INFUSION The century-old poultry giant is launching limited quantity frozen turkey meat nuggets in the shape of the bird, and Pringles is cranking up the heat with the launch of its Scorchin' line.Corporate
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Courtesy of Novavax, Australian Broadcasting Corporation FOOD AND BEVERAGE GROUPS ASK WHITE HOUSE FOR PRIORITY ON COVID-19VACCINES
Fifteen trade associations sent President Donald Trump a letter asking for a federally regulated vaccine distribution program and prioritization for their members once it comes out.Manufacturing
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Danone to cut up to 2,000 jobs as it tries to save nearly $1.2B * 4 reasons plant-based milk will keep growing after the pandemic * McCormick buys hot sauce maker Cholula for $800M * Mondelez may close 2 bakery plants in 2021 * Ocean Spray expands better-for-you offerings with new functionalwaters
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Webinar - on demand What Should Retailers & Brands Consider WhenPlanning for 2021?
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Whitepaper How COVID-19 is Testing and Strengthening Food IndustrySupply Chains
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Webinar - on demand How A Food Manufacturer Scaled Their BusinessDuring the Pandemic
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Sweet Street Partner’s with Chef4Kids to Provide Support for Women Farmer’s in Honduras Press release from Sweet Street*
Mellow introduces artisanal THC and CBD infused Ice Cream in LosAngeles
Press release from Mellow Ice Cream View all | Post a press releaseWHAT WE'RE READING
* MarketWatch Nestle agrees to sell China Yinlu food businessesNov. 25
* The Wall Street Journal Coca-Cola CFO Helps Company Make Cuts,Operational Changes
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* MEAT+POULTRY Groups challenge Cargill’s turkey marketing claimsNov. 24
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EVENTS
* General Mills Increases Category Share With Digital Demo Webinar 2pm ET • Dec 1, 2020 * Going Direct-to-Consumer: How to Develop your DTC Strategy Webinar 2pm ET • Dec 3, 2020 * Food and Beverage Industry Outlook Webinar 2pm ET • Dec 8, 2020 * Using Agile Supply Chain Planning to Build Resiliency in 2021 andBeyond
Webinar 2pm ET • Dec 8, 2020View all events
E-COMMERCE SPOTLIGHT * What you need to know about e-commerce in food and grocery * Peaking inside the pod: A deep look inside Peapod's grocerydelivery business
* How Big Food drives impulse buys onlineINDUSTRY INTEL
* eBook Smart Connected Operations in Food & Bev: A Practical GuideKalypso
* eBook Socializing While Social Distancing: Using Social Media to Connect During COVID-19 Quotient Optimizing Food & Beverage Plant Manufacturing During a Time ofDisruption
Discover how to optimize your plant's manufacturing capabilites and overcome production disruptions.Download now
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GET FOOD DIVE IN YOUR INBOX The free newsletter covering the top industry headlinesEmail:
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