News in Brief
Hormel completes $850m takeover
Hormel Foods has clinched its acquisition of deli meats producer Columbus Manufacturing for US$850m.
Archives for November 29, 2017
Study supports use of cricket powder in emulsified meat products
Cricket powder has the potential to be used in emulsified meat products as a non-meat functional ingredient, according to a new study from scientists at Purdue University and Texas A&M.
Soom Foods: ‘The aim is to make tahini a pantry staple in food service and at home’
With sales doubling year-on-year and two of its founders named in Forbes’ 30 Under 30 Class of 2018 in the Food & Drink category, Soom Foods is showing how success in food service can drive retail sales.
Argo brings cold-brewing to tea as next step in health & wellness and premiumization trends
Cold brewing – along with its health benefits, unique flavor profile and its market energizing success – is no longer restricted to coffee thanks to Argo Tea’s launch earlier this fall of three ready-to-drink Single Estate Cold Brew Teas.
Smart Flour Foods helps clean up the frozen snack aisle with better-for-you twist on classic pizza roll
Consumers no longer have to trade nutrition for convenience when shopping the frozen snack aisle thanks to innovative companies, such as Smart Flour Foods, that are revamping classic comfort foods with cleaner ingredient decks that also deliver on taste...
Unleashing the power of free: How free-from can broaden its appeal
The ‘free-from’ phenomenon is reaching a tipping point. Originally born out of dietary necessity, it’s now taken a global grip with hyper-health conscious consumers, who love to experiment with new food and drinks that deliver all of the good stuff free...
News in brief
Beyond Meat’s plant-based burger lands Shaw’s listing
Beyond Meat’s revolutionary plant-based burger has secured a listing at US supermarket Shaw’s, meaning the patty can now be bought in over 4,000 supermarkets.
Food Vision USA 2017
Former KIND Snacks investor says Kraft Heinz and PepsiCo need to ‘stay authentic’ to acquired brands
Former KIND Snacks’ investment firm, VMG Partners, was asked during the recent Food Vision USA in Chicago if big food companies like Kraft Heinz and PepsiCo should acquire emerging products or create their own brands to scale up innovation. Its response:...
News in brief
Kellogg to open cereal café in New York City
Kellogg will open its permanent cereal café in New York City’s Union Square neighborhood on December 14, 2017, after experiencing its first year of ‘success’ in Times Square.