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Grupo Bimbo probing growth in gluten-free market

MEXICO CITY — Grupo Bimbo SAB de CV has acquired Amaritta Food SL, a company focused on the research and development and production of gluten-free bread. The transaction was announced Feb. 19 by Daniel Servitje, chairman and chief executive officer…

Larger supplies forecast for US corn, soybeans, wheat

WASHINGTON — The overall outlook for US corn, soybeans and wheat in 2024 is for larger supplies only partially met by increased domestic use and firming global demand. That preliminary forecast from the Interagency Commodity Estimates Committee was presented during…

Mars, Unreasonable Group form partnership

CHICAGO  —  Through its snacking division, Mars and the Unreasonable Group have entered into a three-year partnership called Unreasonable Food. The Unreasonable Food partnership will focus on supporting rapid growth companies that are re-defining the food systems, the company said.…

Bimbo to restructure US baking business

MEXICO CITY — In the wake of announcing the closing of a baking plant in New Mexico, Grupo Bimbo SAB de CV said it is planning a restructuring of its North American businesses. Brief comments about the restructuring were shared…

Upside Foods temporarily halts Illinois plant plans

BERKELEY, CALIF. — Upside Foods has temporarily halted its plans of building a 187,000-square-foot cultivated meat plant in Glenview, Ill. The plans, which the company announced in September 2023, called for the construction of “Rubicon.” The company’s first product to…

Glanbia Nutritionals launches OptiATP | Food Business News

CHICAGO  —  Glanbia Nutritionals has launched OptiATP. OptiATP is an optimized form of Adenosine 5-Triphosphate that is stable in low pH/high acid and high-heat ready-to-drink beverage processing environments, according to the company. Glanbia has added TSI Group’s ingredient PeakATP as…

Meati Foods elevates Phil Graves to CEO

BOULDER, COLO.  —  Meati Foods has promoted Phil Graves from chief financial officer to chief executive officer. Graves succeeds Tyler Huggins, who will assume the role of founder and chief innovation officer. Meati Foods said it is continuing to right…

Walmart turning to falling prices, flying devices

BENTONVILLE, ARK. — Consumers responded favorably to reduced food prices at Walmart Inc. late in the fiscal year ended Jan. 31. In the current fiscal year, more consumers should have the opportunity to receive food items, along with other Walmart…

Rap Snacks rolling out overseas

MIAMI — Rap Snacks, a consumer packaged goods brand introduced 30 years ago behind a concept of featuring hip-hop artists on snack packaging, is expanding internationally. The 100% Black-owned brand is set to bring its corn chips, popcorn, ramen noodles…

Slideshow: Consumers are craving crunch

KANSAS CITY — Picking a snack today  is more of a choose-your-own-adventure situation as retail aisles are inundated with a plethora of  options. Consumers can go in many directions, including savory, sweet, spicy or soft. But there is one category…

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