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PepsiCo sets goals to lower sodium, incorporate more diverse ingredients
The Doritos manufacturer is in “a constant cycle of innovation to reimagine” foods so they are better for consumers without compromising on taste, a top executive said.
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How grocery shoppers are planning to celebrate winter holidays amid food cost concerns
Half of surveyed consumers said they’re concerned about rising prices for holiday celebrations, per findings from FMI – The Food Industry Association.
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Phreshly’s RTD cocktails target consumers tired of hard seltzers
The brand, which was off the market for more than a year after its 2022 launch, is back with two bourbon and rum-based offerings for adults looking for more mature products.
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Why Magnolia Bakery has high hopes for edibles endeavor
The New York City chain’s entrance into cannabis signals the continued promise food and beverage companies see in the space despite a lack of federal regulation.
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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.
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Ramen maker Nissin Foods to spend $228M on new US plant
The investment comes amid “unprecedented demand” for its popular noodle offering, with the company reporting four consecutive quarters of high double-digit growth.
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Ex-Kellogg exec, top Twitch streamer target gamers with Myna Snacks
The brainchild of Darcey Macken and Imane Anys, a.k.a. Pokimane, the upstart aims to reach younger consumers through better-for-you offerings such as mini cookies.
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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.
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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.
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Leftovers: Kraft Heinz chooses pickles for new ketchup | Elf on the Shelf gives the gift of ice cream
The food manufacturer is capitalizing on the growing popularity of the cucumber-based product, and Primal Kitchen unveils cranberry mayo for Thanksgiving leftovers.
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General Mills buys pet supplements maker Fera Pets for undisclosed amount
The purchase will be housed inside a growth equity fund created by the cereal giant to scale and expand newly acquired businesses for future integration into its core portfolio.
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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.
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WK Kellogg Co CEO talks the future of cereal
Gary Pilnick said in a conversation with Food Dive that the newly spun-off business is on a path towards growth and expressed optimism about overcoming potential roadblocks the category could face.
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Ingredion reorganizes business, focuses on ‘texture and healthful solutions’
The company said moving from operating on a regional level to a global one will provide greater insight into its performance for investors.
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B&G Foods sells Green Giant US canned vegetable line to Seneca Foods
The Crisco and Ortega manufacturer said it continues to explore divesting products that have low margins or cash flow, as well as items that do not fit with its core portfolio.
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Miyoko’s Creamery closes California plant to prepare for growth
The plant-based dairy maker will outsource its production process to meet demand in a more cost effective way.
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Inside McCormick’s bet to build its ‘supply chain of the future’
A half-mile-long logistics center near Baltimore is helping the flavor giant operate more efficiently, get products to customers faster and reduce its environmental footprint.
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Nestlé invests, partners with food-delivery startup Wonder Group
The investment, reportedly at $100 million, will allow the Stouffer's and Sweet Earth manufacturer to capitalize on the strong recovery in the foodservice channel.
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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.
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Crowded cultivated meat industry primed for ‘shakeout’
A new financial advisory report predicts a challenging environment for big players in the space leading to consolidation.
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PepsiCo CFO Hugh Johnston leaving for Disney
The finance veteran will be replaced by James Caulfield, who has worked at the company for more than 30 years and has been “instrumental” in growing and transforming its business.
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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.
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Post Holdings CEO Rob Vitale taking ‘unexpected’ medical leave of absence
The board of the CPG giant said chief operating officer Jeff Zadoks will temporarily take the helm.
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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.
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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.