Month December 2023

Uncrustables propel Smucker in second quarter

ORRVILLE, OHIO — Between the acquisition of Hostess Brands, Inc., and the divestiture of some pet food brands as well as Sahale Snacks earlier this year, there was a lot of “noise” in the J.M. Smucker Co.’s second-quarter financial performance.…

Oterra names new CEO | Food Business News

HOERSHOLM, DENMARK — Martin Sonntag will lead Oterra as the company’s new chief executive officer. Before joining Oterra, Mr. Sonntag was with the Doehler executive leadership team as its head of global plant based nutrition. Before Doehler, Mr. Sonntag was senior…

PLMA Show promotes the premium side of private label

ROSEMONT, ILL. — A record 1,685 exhibitors showcased the latest new products, flavors, packaging, ingredients and services at the 2023 Private Label Trade Show held Nov. 12-14 in Rosemont, Ill. The annual event is hosted by the Private Label Manufacturers…

Cultivated meat company beefs up $7 million in Seed Round

CHICAGO — Cultivated meat biotech startup company Clever Carnivore has raised $7 million in seed round funding. The funding round was led by Lever VC. Companies like McWin Capital Partners, Thia Ventures, Valo Ventures, Newfund Capital, and Stray Dog Capital all…

Bae Juice sees opportunity in health, hangover recovery

VICTORIA, AUSTRAILIA — Alcoholic beverage consumers may enjoy their beverages without the hangover due to Bae Juice. With their product, co-founders Liam Gostencnik and Tim O’Sullivan are aiming to enhance the alcoholic beverage consumption experience without having the negative side effects…

China soft wheat buy offsets lackluster export inspections

Home » China soft wheat buy offsets lackluster export inspections Source: Sosland Publishing Co. Recap for December 4 US wheat futures shot higher Monday, Chicago soft wheat by 3% to six-week highs, after the US Department of Agriculture confirmed private…

Kemin Food Technologies introduces InnoBLQ

DES MOINES, IOWA — Kemin Industries has introduced InnoBLQ. InnoBLQ is a functional protein formulated to improve battered, breaded and fried food applications. The protein is applied topically, immediately after breading and prior to frying, and produces a micro barrier around…

Fi Innovation Awards go to Corbion, OFI

FRANKFURT, GERMANY — Corbion, OFI and FrieslandCampina Ingredients were among the recipients of Fi Innovation Awards given out during Fi Europe in Frankfurt. The awards were presented on Nov. 28. Corbion won the sensory innovation award for Purac powder MAX,…

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