News & Analysis on Food & Beverage Development & Technology
Despite that one out of every six people in the United States is Latino, 57% of the top 500 advertisers allocate less than 1% of their budgets to targeting Hispanics, according to the Association of Hispanic Advertising Agencies.
Big intervew: David Israel, Founder and CEO, POP! Gourmet Popcorn
In year one of launching its first retail products, POP! Gourmet Popcorn notched up sales of almost $1m. In year two, it’s looking at $3-4m. Next year, it's aiming for $10m, says founder David Israel, who’s on a mission to turn the bland stuff we shovel...
Natural foods manufacturer NOW Foods has made the commitment to have over 170 products – its entire food line - non-GMO by the end of 2013.
While its fourth quarter figures make for dismal reading, there are some silver linings to the clouds that have enveloped Diamond Foods for the past couple of years, CEO Brian Driscoll told analysts this week.
Nestlé CEO Paul Bulcke told an investor meeting on Tuesday that the company intended to divest some of its brands and shake up its portfolio.