CHICAGO — Consumers want healthy, indulgent, convenient and less expensive. Advocates for the dairy industry see dairy ingredients fulfilling those desires and much more. “Dairy consumption is hot,” said Michael Dykes, president and chief executive officer, International Dairy Foods Association…
KALAMAZOO, MICH. — FlavorSum has opened its 35,000-square-foot expansion at its Kalamazoo, Mich., facility. FlavorSum said the facility will increase and enhance the site’s emulsion, extraction and warehousing capacity along with investment in process automation to increase efficiency, quality and safety.…
WASHINGTON — The foodservice industry is expected to see a record $1.1 trillion in sales in 2024, according to the National Restaurant Association (NRA). The optimistic prediction comes from the group’s annual “State of the Restaurant Industry” report, which uses…
KANSAS CITY — With a new year on its way, food entrepreneurs remain committed to bringing innovative formulations to market. Startups are creating alternatives to mainstream products and are using creativity as a point of differentiation. From plant-based cheese to…
DENVER — The chocolate industry is running more bitter than sweet as cocoa supplies tighten and prices soar, affecting both manufacturers of chocolate confectioneries and consumer pocketbooks. Cocoa prices have jumped nearly 15% since the start of November and are…
Home » Dollar index keeps climbing as week opens Source: Sosland Publishing Co. Recap for February 5 The US dollar index climbed again on Monday as investors continued to digest Friday’s Department of Labor reports showing US employers added more than…
KANSAS CITY — It’s no secret that Canada, the world’s top supplier of oats, has experienced back-to-back years of extraordinary volatility in its oat market. From perilously low oat production in 2021 to record high output in 2022, which sent…
CINCINNATI — Todd Foley has been named interim chief financial officer of The Kroger Co., effective immediately. He succeeds Gary Millerchip, who is stepping down as senior vice president and CFO to take on an executive role at another public…
AMSTELVEEN, THE NETHERLANDS — Dawn Foods has acquired Royal Steensma, a family-owned bakery ingredients manufacturing company based in Leeuwarden, The Netherlands. Active in the bakery market for nearly 185 years, Royal Steensma specializes in fat-based coatings (Souplesse), almond and confectionery…
CHICAGO – McDonald’s Corp. has seen some low-income consumers trade down or move away from the company due to elevated menu prices, and management has set a goal of bringing many of them back in the year ahead. “Call it $45,000…
English