Category food

Grupo Bimbo hopeful about unit volume trends

MEXICO CITY — Weak unit sales trends in the third quarter of 2023 in North America appear to be easing, said executives of Grupo Bimbo SAB de CV. The executives commented on third-quarter results Oct. 26 in a conference call…

Coca-Cola ‘very focused on’ impact of weight loss drugs

ATLANTA — The Coca-Cola Co. is among food and beverage companies bracing for the potential impact of popular diabetes and weight loss drugs on the industry. James Robert B. Quincey, chairman and chief executive officer, said “it is an area that…

English singer-songwriter joins MIXOLOSHE | Food Business News

NEW YORK— Female founded non-alcoholic beverage brand MIXOLOSHE, has tapped artist and entrepreneur Zayn Malik to join as its chief creative officer and co-owner. Though the partnership with the English singer-songwriter, MIXOLOSHE will reshape the narrative of the non-alcoholic beverage industry…

PopUp Bagels bakes up $8 million in Series A round

NEW YORK — Startup bagel brand PopUp Bagel has closed an $8 million Series A funding round. The round will fund future growth and expand the company’s executive team. The funding round was led by New York City-based equity firm, Stripes.…

Sports nutrition’s never-ending story | Food Business News

CHICAGO — Once upon a time someone decided to drink the liquid released from milk when curds formed during cheese making. Early doctors such as Hippocrates began prescribing the “serum” to treat illness and improve health. About 50 years ago,…

Bunge lifts full-year forecast | Food Business News

ST. LOUIS —Solid progress on growth initiatives and its pending strategic combination with Viterra prompted Bunge Ltd. to raise its full-year adjusted earnings-per-share outlook for fiscal 2023 to at least $12.50, up from an earlier forecast of $11.75 per share…

Plains rains boost nascent wheat crop, pressure futures

Home » Tech stocks, hot GDP data keep equities sinking Source: Sosland Publishing Co. Recap for October 26 US equity markets declined Thursday amid retreating US Treasury yields and US gross domestic product data indicating the US economy grew at…

Three issues arise in animal-free dairy

LAS VEGAS — Precision fermentation plays a vital role in the animal-free dairy category. Speakers at SupplySide West in Las Vegas talked about the technology’s sustainability benefits, potential food safety issues and cost-reduction options. Replacing one truckload of conventional whey…

Food aid, commodity marketing infusion praised

DES MOINES, IOWA — The US Department of Agriculture will pump Commodity Credit Corp. funds into support for American producers as they strive to develop and maintain markets for their US wheat, corn, soybeans and other commodities during a period…

Kraft Heinz, Taco Bell expand partnership

CHICAGO  — Kraft Heinz is doubling down in the Mexican cuisine category and has expanded its partnership with Taco Bell by becoming a primary manufacturer of Taco Bell’s branded retail products. Products may include sauces, taco dinner kits among others.…

en_USEnglish