WESTCHESTER, ILL. — Capped by strong fourth-quarter results, Ingredion Inc. posted double-digit gains in 2024 earnings despite a drop in revenues, associated with lower raw material costs. Cautious guidance issued by the company for 2025 results drew the attention of investment…
FOSTER CITY, CALIF. — Alterations to traditional dayparts will be a key trend shaping the food and beverage industry this year, according to Mattson. The findings come from the food and beverage insights company’s 2025 Macro Movements trends report, which…
MCLEAN, VA. — Mars, Inc. has named David Jacobs vice president of marketing for Mars Food & Nutrition North America. In his new role, Jacobs will oversee strategies to drive penetration and accelerate growth across the rice and ready meal…
BATTLE CREEK, MICH. —WK Kellogg Co expects to continue “delivering against our financial goals” after completing its first full fiscal year as a stand-alone company, said Gary Pilnick, chairman and chief executive officer. The North American cereal company saw adjusted…
KANSAS CITY — Coffee futures prices in New York and London have joined cocoa futures and cash US egg prices in setting record or multi-year highs in 2024 and 2025 amid globally tight supplies with little easing seen near term.…
HOBOKEN, NJ. — As the Hain Celestial Group seeks to regain its financial footing, the company is eyeing opportunities with consumers who are taking GLP-1 medications for weight loss or diabetes. Company management sees the effort as building on Hain…
SILVER SPRINGS, MD. — Baked foods manufacturer FGF Brands has recalled more than 2 million donuts and pastries in the United States due to potential contamination with Listeria monocytogenes. According to a Food and Drug Administration enforcement report, the voluntary…
ATMORE, ALA. — Perdido River Meats, a division of Perdido River Farms based in Atmore, Ala., held a grand opening of its $29 million meat processing facility on Feb. 6. “This grand opening marks a significant milestone for Pedido River Farms…
CHICAGO — After a rocky end to 2024, punctuated by a deadly E. coli outbreak linked to slivered onions on Quarter Pounder burgers, along with declining quick-service restaurant traffic, McDonald’s Corp. is eyeing a turnaround in 2025, focused on appealing to low-income customers…
PURCHASE, NY. — PepsiCo Inc. has partnered with Jiangsu Rilong Food Co. Ltd. to build a Quaker oat production facility in Huai’an City, China. Under the nearly 500 million yuan ($68.6 million) project, PepsiCo and Jiangsu Rilong Food have begun…
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