The Latest
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Courtesy of Juicy Marbles
Exposure doesn’t sway consumers to plant-based meat
A new study from Appetite suggests companies must adopt creative strategies to broaden their consumer base.
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Courtesy of Hormel
Turkey drags down Hormel earnings amid inflation, bird flu headwinds
In the company’s earnings call, CEO Jim Snee signaled caution ahead of the new year, projecting a decline in sales as consumers cut back on spending.
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Sean Gallup via Getty Images
Food system transformation on the menu at COP28
Agriculture will be central to climate talks for the first time as the UN pushes nations to tackle farming's toll on the environment.
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Courtesy of Kraft Heinz
Kraft Heinz launches plant-based mac & cheese
The product, which starts hitting shelves this week, is the third innovation launched by the CPG giant and food tech company NotCo in just over a year.
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Brandon Bell via Getty Images
Nestlé, Kraft defeat egg producers in price-fixing case
An Illinois federal jury found Cal-Maine and other egg giants liable for limiting the supply of the protein in 2004-2008 in an effort to drive up costs. Damages are set to be awarded to companies such as Nestlé, Kraft and Kellogg.
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Getty via Getty Images
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.
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Retrieved from Alyssa Whitcraft via Arizona State University on November 27, 2023
NASA is helping Hawai’i farmers grow more food with AI
Through the use of machine learning and satellite technology, researchers are working with Maui farmers to address food security and rebuild local agriculture with a focus on local tradition.
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George Frey via Getty Images
FTC crackdown could change influencer marketing for food and beverages
Warnings from the antitrust division over aspartame have the potential to make social media campaigns more cautious in how they communicate.
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Courtesy of Anheuser-Busch InBev
Anheuser-Busch spends $13M to upgrade Georgia brewery
The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails.
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Courtesy of Upside Foods
Cultivated meat labeling puzzle could bring legal headaches
Though regulators came to a consensus on what to call the namesake product in 2022, continuing debates over package labeling rules could still create headwinds for players in the space.
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Courtesy of Secret Island Salmon
Secret Island Salmon swims upstream with ‘F-word’ campaign
Edgy messaging is helping the direct-to-consumer brand drive awareness as it prepares for a broader launch at retail.
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Courtesy of Clorox
ColumnLeftovers: Hidden Valley Ranch doubles down on flavor | My Mochi debuts pickle variety
The Clorox-owned salad dressing brand is adding more spices and herbs in a special X-shaped bottle, and Ojoy unveils a low-alcohol alternative to champagne ahead of the holiday season.
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Courtesy of Truff
Kim Kardashian’s firm acquires minority stake in Truff
The investment is the first for private equity arm Skky Partners as it looks to cash in on growing demand for spicy, unique condiments.
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Permission granted by Fresh Del Monte
How Fresh Del Monte uses its farms to test regenerative agriculture efforts
The produce giant is stepping up to address gaps in sustainability for tropical fruits by experimenting with conservation efforts on company-owned farms.
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Retrieved from Danone.
Danone’s Horizon Organic suspends use of milk from Texas farm at center of PETA report
The animal rights group released images showing animal suffering and deaths at the operation near Dallas. It urged the USDA to open an investigation.
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Courtesy of Pizza Hut
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.
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acprints via Getty Images
Research suggests using more packaging could cut food waste
Ameripen, which backed consumer research by Michigan State University, says findings could spark a closer look at date labeling and other on-pack messaging as well as how to balance freshness features with weight concerns.
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Courtesy of Mate Maker
Why a Pabst, Diageo veteran and a Grammy-winning band teamed up on hard kombucha
Mate Maker, which is establishing its beverage in California before expanding it nationally, said the product should resonate with consumers willing to try different alcoholic offerings.
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Retrieved from Sonoma-Cutrer Vineyards on November 17, 2023
Brown-Forman sells chardonnay maker to Duckhorn for $400M
The luxury wine company said its purchase of Sonoma-Cutrer Vineyards brings a leading brand in the growing chardonnay category to its portfolio.
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Christopher Doering/Food Dive
Post Holdings CEO Rob Vitale reveals cancer diagnosis and medical treatment
In his first remarks since taking a leave of absence on Nov. 6, Vitale said he “feels great” and expressed confidence in the business and leadership while he is away.
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Courtesy of The Hershey Company
ColumnLeftovers: Hershey adds caramel to Reese’s | Nestlé pours Eggo-flavored Coffee mate
The candy giant is bringing a gooey layer of the sweet confectionery staple into its peanut butter-based Big Cup, and Oatly teams up with Insomnia Cookies.
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Courtesy of Anheuser-Busch InBev
AB InBev US chief marketing officer to resign as Bud Light woes continue
The alcohol giant’s U.S. chief commercial officer will take over marketing for the beer brand in 2024 as it continues to feel the effects of a boycott.
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Retrieved from Hotel Chocolat.
Snickers maker Mars to buy UK chocolatier for $665M
The purchase of Hotel Chocolat expands the confectionery giant’s presence in the region and increases its exposure to premium offerings.
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Lisa Maree Williams via Getty Images
Camel milk grows in popularity as functional ingredients surge in demand
While plant-based options have taken over the dairy aisle in recent years, camel milk may be getting attention from more consumers.
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Courtesy of Aldi
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.
