Archives for July 19, 2017

McCormick’s purchase of Reckitt food brands could threaten Kraft Heinz’s leadership in condiments

McCormick & Company’s acquisition of Reckitt Benckiser’s food portfolio, which includes iconic brands such as French’s mustard, place the company within a stone’s throw of condiment and sauce category leader Kraft Heinz, according to a senior food...

Study shows dairy industry should focus on milk nutritional value

Researchers at North Carolina State University said a study on consumer perceptions of milk shows the industry should focus on the nutrition value of milk, and educating consumers about milk.

NEWS IN BRIEF

Koia ‘positioned to become category leader’ in plant-based beverages with $7.5m investment

Koia, a refrigerated RTD plant-based protein beverage company, has secured a $7.5m funding round led by private investment firm KarpReilly and existing investor AccelFoods.

Majority of Americans don’t support horse slaughter

A new poll has revealed that 80% of the American population opposes the slaughter and consumption of the nation’s horses. 

The ready meal category is ripe for growth and likely will pull consumers from meal kits and frozen

The ready meal category in the US is set to explode in part as a natural evolution of the meal kit craze that taught consumers how to cook healthy, fresh food at home, but which still ultimately takes more time than many people have daily, according to...

Trust in nutritional science ‘deflating’, claim Dutch scientists

Nutrition science appears to be in crisis with a public reluctance to trust nutritional insights, according to a Dutch group of scientists, who also believe the subject’s boundaries are hampering progress. 

What Amazon’s meal kit service means to category’s future and competition with grocery retailers

There’s a very likely chance that Amazon will come to dominate the meal kit category, according to market research analyst Howard Waxman at Packaged Facts.