JBS buy sees it expand Australian presence
Processing giant JBS SA has acquired Australian ham and bacon company Primo Smallgoods Group for US$1.25 billion, through its subsidiary JBS Australia.
Archives for November 24, 2014
Chocolate shortage ‘overstated in the extreme’, says ICCO
The International Cocoa Organization has quelled media reports of a chocolate crisis in 2020 and says there are sufficient cocoa stocks for the next five years.
Sales of loose and bagged tea up 5.9% in 2013, hitting $1.8 billion, ABC report finds
Sales of herbal and other teas increased by 5.9% in the United States in 2013, capping off a decade of solid growth, according to a market report by the American Botanical Council. It was ABC’s first such report on the tea sector.
Coca-Cola cashes in on health-conscious consumers paying more for less
The Coca-Cola Company is making bank on consumers who are willing to pay more for less soda in the name of health and wellness.
Good Greens CEO: The nutrition bars market is crowded, but there are still big growth opportunities
The nutrition bar category is becoming saturated, but there are still untapped pockets of opportunity, says Ohio-based Good Greens, which claims to blow rivals out of the water when it comes to packing a nutritional punch.
ChaiElixir CEO: We’re a sparkling chai tea beverage; there is really nothing like this on the market
If you don’t like taking risks, don’t go into the beverage industry, says the founder of ChaiElixir, an Oklahoma City based start-up selling sparkling tea. “A significant portion of new products do not make it past year one or two, but that’s the nature...