Kraft Foods Group is the latest company to attempt to appeal to more health-conscious consumers and those looking for simpler fare by removing artificial ingredients from its products. The company will remove artificial preservatives and synthetic colors from its macaroni and cheese beginning in early 2016, as reported by
Larger food companies may increase acquisitions of smaller organic producers in the wake of Kraft Foods Group and H.J. Heinz Co.'s merger, according to analysts. The two companies could be busy dealing with the merger for the next one to two years, giving other corporations time to bulk up on natural and organic brands, reported Reuters. Both larger players and smaller targets may...read more
In the news reports about the $46 billion merger of Heinz and Kraft Foods, most analysts immediately noted that the new company would be the 3rd largest U.S. food company (or 5th largest in the world, depending on the source). However, much of the talk also centered on the zero-based budgeting plan that will be implemented at the new Kraft-Heinz, which will have nearly $30 billion in annual...read more
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