KANSAS CITY — While expectations of a return to volume growth were the most notable theme in presentations at this year’s Consumer Analyst Group of New York conference, the digital transformation of a company’s processes and procedures was repeatedly…
EVANSTON, ILL. — The founder of CoreFX Ingredients, Denis Neville, is acquiring a majority stake in the company from the Irish dairy processor Ornua. CoreFX Ingredients was founded in 2016 and uses spray-drying and dry-blending technologies to produce a range…
KANSAS CITY — With the seasons changing once again, food manufacturers are expanding with their latest limited-edition innovations. Hidden Valley Ranch and Kellanova’s Cheez-It brand have teamed up to launch a limited-edition ranch flavor: Cheezy Ranch. Made for dipping, the…
Home » China keeps canceling, weighing on wheat Source: Sosland Publishing Co. Recap for March 14 Wheat futures declined Thursday under pressure from the latest China wheat cancellation, this time an Australian purchase. Additional pressure from a lackluster export sales…
LONDON — Brands offering ultra-processed foods (UPFs) should promote their legitimate health advantages, with plant-based meat alternatives being an example, according to GlobalData, a data and analytics company based in London. “Given the pervasive nature of UPFs, the most logical…
ARLINGTON, VA. — While consumers remain concerned about high food costs, at home food prices and away from home food prices are nearly as affordable as they were in January 2020. Leo Feler, PhD, chief economist at data insights firm…
TORONTO — Restaurant Brands International has shuffled its leadership team to support its long-term growth plans. The company has promoted Sami Siddiqui from president of Popeyes United States and Canada to chief financial officer. Siddiqui succeeds Matt Dunnigan who is…
NEW YORK — The consultancy Bain & Co. has published a list of food and beverage “insurgent brands” to watch this year, including mainstays like Chobani Inc., Impossible Foods and Kodiak as well as newcomers like Barebells, Bobo’s, Carbone, Chomps…
Home » S&P 500 sets a fresh record despite hotter-than-expected CPI Source: Sosland Publishing Co. Recap for March 12 Despite data indicating the latest CPI numbers were hotter-than-expected, major US equity indexes closed higher Tuesday with the S&P 500 notching…
CAMDEN, NJ. — The Campbell Soup Co. has completed its acquisition of Sovos Brands, Inc. for $23 per share in an all-cash transaction valued at about $2.7 billion. The Sovos Brands portfolio includes pasta sauces, dry pasta, soups, frozen entrees,…
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