CINCINNATI — Many of the volume growth headwinds that have plagued consumer packaged goods companies the past few years also have affected retailers. In the year ahead, The Kroger Co. is expecting positive unit volume growth as consumer economic sentiment…
NEW YORK — Boogie Lab, a European food technology company, is expanding to North America with the debut of Boogie Lab USA and Boogie Bakery, the company’s first US-based “micro bakery.” The bakery is set to open later this spring…
WASHINGTON — Making the baking industry a more attractive career choice, boosting demand for flour-based foods and raising the association to new heights represent three pillars at the center of a new five-year strategic plan adopted by the American Bakers…
MINNEAPOLIS — Pillsbury Baking, whose shelf-stable products are manufactured by Hometown Food Co., has launched two new product lines: moist supreme creamy cake mixes and stuffed cookie kits. Both product lines come in two flavors. The moist supreme creamy cake…
AMSTERDAM — Operating profit increased 6% at Corbion NV in the fiscal year ended Dec. 31, 2023, but sales dipped 1% as the Amsterdam-based company’s business units evolved, dividing into core activities and non-core activities. Operating profit of €117 million…
ARNHEM, THE NETHERLANDS — Floral flavors and nostalgic palates with modern twists are likely to resonate with consumers in 2024, according to Innova Market Insights. The predictions come from Innova’s annual flavor trends forecast, which combines insights from global trends…
EDISON, NJ. — AAK has introduced AkoVeg 163-14. AkoVeg is a coconut oil and insoluble fiber flake product, which may enable formulators to produce a plant-based meat, which may contain less total fat and no cholesterol, according to the company.…
CAMDEN, NJ. — Campbell Soup Co. expects to complete its acquisition of Sovos Brands, Inc. in March, which bodes well for future quarterly financial results. In the second quarter ended Jan. 28, Campbell Soup had net earnings of $203 million,…
NEW YORK — New York Attorney General Letitia James filed a lawsuit on Feb. 28 against meat giant JBS USA Food Co. and JBS USA Co. Holdings for allegedly misleading the public about its environmental impact. According to a press…
AVENTURA, FLA. — Domestically and globally, most grain and oilseed markets appear solidly bearish, but several underlying factors were keeping market “bulls” close at hand, said Stephen Nicholson, executive vice president and global sector strategist of grains and oilseeds for…
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