ARLINGTON, VA. — SNAC International is holding its third SNAC Tank Pitch Competition. The competition features guest judge Daymond John, founder of FUBU and star of ABC’s reality series “Shark Tank.” Participants must submit a two minute video pitch describing their…
CHICAGO — Sales of specialty foods and beverages across all retail and foodservice channels neared $194 billion in 2022, up 9.3% from 2021. It’s estimated they reached $207 billion at the end of 2023, according to the Specialty Food Association…
CHICAGO — Kellanova has named Shari Cruz as its newest chef in residence. The company said the year-long residency program will provide opportunities for talented chefs to work at the W.K. Kellogg Institute for Food Technology in Battle Creek, Mich.,…
NEW YORK — IFF has named J. Erik Fyrwald as its new chief executive officer. Fyrwald succeeds Frank Clyburn. Clyburn was the company’s CEO for two years. Fyrwald joins IFF from Syngenta Group, where he was CEO and executive director for…
NEW YORK — Nutpods has been acquired by MPearlRock, a partnership between The Kroger Co.’s venture capital arm PearlRock Partners and MidOcean Partners, a private equity firm. Terms of the acquisition were not announced. Nutpods is a manufacturer and marketer…
Home » Overall bearish reports pull corn, soy, wheat lower Source: Sosland Publishing Co. Recap for January 11 Corn futures dropped to three-year lows after the USDA said 2023 US corn production was record high and Dec. 1 corn stocks…
PHOENIX — House Bill 2121 has been introduced in the Arizona legislature and would ban the sale or production of cultivated meat in the state if enacted. Those who violate the legislation would face a penalty of up to $25,000.…
It’s no secret that parameters for food formulation and manufacturing are shifting quickly. One of the FDA’s biggest initiatives heading into the new year includes reducing daily sodium intake for consumers, with short-term targets set for April 2024. While consumers…
ORLANDO, FLA. — Southern-inspired stew and boil bases manufacturer Chilau Foods has opened a crowdfunding round. More than 100 individual investors have invested in the round as the company expands into retail in the United States, the company said. Chilau Foods…
SEATTLE — Dairy producer Darigold, Inc. is launching a line of clean label coffee creamers under the Belle brand. Formulated from five ingredients, the lactose-free product aims to stand out in the $6 billion market as a premium offering made…
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