News & Analysis on Food & Beverage Development & Technology
Investment advisor Gordon Brothers has secured a majority equity share in Carolina Pride, throwing its substantial financial muscle behind the family-owned South Carolina packaged meat producer in a strategic partnership.
Tyson Foods, one of the world’s largest meat processors, is under federal investigation for allegedly colluding with other meat companies to raise the cost of poultry.
After a sluggish Q3, TreeHouse Foods’ performance was boosted by robust sales from its single-cup coffee business and Private Brands Group, which it purchased from ConAgra.
Forty years ago, the US cottage cheese market was twice the size of the yogurt market. Today, yogurt (at $7.68bn) is seven times bigger in dollar terms than cottage cheese (down 1.7% to $1.1bn in retail sales in 2016 according to Nielsen data). So have...
NEWS IN BRIEF
The Nestlé brand Skinny Cow announced that in addition to launching a new line of frozen yogurt bars, it has also updated the recipe of its existing products.
Grupo Bimbo is expected to maintain growth after the death of the Mexican bakery magnate Don Lorenzo Servitje Sendra, who founded the company in the 1940s, says an analyst.
The US pork trade wrapped up an excellent year on the global market with “very strong results” according to the US Meat Export Federation (USMEF).
UPDATE
Is ALDI bracing itself for Lidl’s US arrival? Regardless, the German discounters’ stateside rivalry could put pressure on retailers such as Walmart and Food Lion, predicts one retail analyst.
Pasta Chips, Bow Ties, on course to generate revenues of $15m in 2017
Snack brands that want to break through the $2-3m revenue barrier have to appeal to mainstream shoppers as well as trend-setters in New York or L.A. says serial snacking entrepreneur and CPG veteran Jerry Bello, who says his latest innovations – Pasta...
Every year more people wake up to coffee or use it to fuel them day, but according to a comprehensive report recently published by the Climate Institute, this early morning ritual, and everything that goes into making it possible, face significant...