Archives for August 11, 2022

TreeHouse Foods sells major chunk of meal prep business in $950m deal

Private label specialist TreeHouse Foods – which has been looking to reengineer its portfolio to focus on higher-growth, higher-margin snacks and beverages markets – has struck a deal to sell a significant portion of its meal preparation business to...

Majority of immune supplements bought on Amazon found to have labels that don’t match contents

A study published yesterday by a group that included researchers from the University of Mississippi found that fewer than half of 30 immune supplements bought on Amazon had labels that accurately reflected their contents.

ADM to commercialize Benson Hill ultra-high protein soy ingredients with first products to launch in early 2023

ADM will soon begin processing ultra-high protein (UHP) soybeans from farm tech company Benson Hill with the first commercialized products expected to hit the market in early 2023.

IFT FIRST

Plant-based pain points: Solutions for cleaner labels, improved moisture retention and a better bite

As consumers become more familiar with plant-based alternatives to animal products they are becoming more sophisticated in how they evaluate their options and less willing to compromise on nutrition, taste, texture and variety – pushing industry to find...

Food prices continue to climb, prompting some shoppers to rethink grocery budgets

While overall inflation in the US cooled slightly in July, giving hope to some economists that financial pressures may be peaking, food prices continue to climb at their fastest rate in more than 40 years – suggesting the economic recovery still has a...