Energy drink-maker Monster Beverage Corp and Constellation Brands Inc., which brews Corona beer, are reportedly in talks for a possible merger. What would a Monster-Constellation mash-up mean? Jameson Sharp, investment group partner and analyst with …
This article is written and sponsored by Transparency Market Research. Rising cases of lactose intolerance, increasing health consciousness among consumers, and changing lifestyles appear likely to bolster growth in the global dairy alternatives market. Veganism, …
Amid surging inflation and a new coronavirus variant, here’s an update on what’s happening across the supply chain. LABOR TALKS AT WEST COAST PORTS West Coast port facility operators will open negotiations with the International …
Barbecue is red-hot worldwide, according to new research from Irish food company Kerry. “It’s clear that people and cultures intersect on the general topic of open-fire cooking,” said Soumya Nair, Kerry’s global director of consumer …
Editor’s note: Part 3 of a three-part series analyzing the current state of the wine industry. With the strong increase in online wine sales in recent years has come an equally significant increase in the …
Editor’s note: Part 2 of a three-part series analyzing the current state of the wine industry. The effects of supply chain disruptions in the global food industry are well-known and easy to identify: low inventories, …
Chip City launched just four years ago, under less-than-ideal circumstances. The cookie-and-coffee chain’s CEO, Peter Phillips, had a background in construction and was largely unfamiliar with the food industry. The company started with a mere …
This article is written and sponsored by Transparency Market Research. Several players and vendors in the food and beverages industry have been focusing on the production and development of new, cannabis-infused products intended to aid …
As alt-meat technology continues to make innovative strides, recent investments by major industry players suggest the long-term potential of the cultivated, or lab-grown, meat sector. Last week, JBS announced plans to invest $100 million in …
With the pandemic threatening to intrude on a second holiday season and the nation’s workers rethinking what they want out of their jobs and careers, labor unrest has been sweeping through U.S. companies of late. …
Oatly Group AB shares fell nearly 21% on Monday after the plant-based dairy company reported a third-quarter revenue miss and issued a revenue warning for the year. The company, which had a net loss of $41.2 …
This article is sponsored and written by Future Market Insights. Plant-based beverages, in many respects, are taking the food industry by storm. The products are praised by many for their healthy nutritional profile. And, as …
First there was lab-grown meat. Then, lab-grown dairy came along. Now, it appears chocolate is next. LAB-GROWN CHOCOLATE GETS CLOSER TO REALITY California Cultured, the U.S. company making lab-grown chocolate, has raised $4 million in …
Demand for gluten-free products continues to rise as more consumers adopt special dietary lifestyles – and grocery retailers and CPG companies are responding accordingly. The global gluten-free packaged food market, estimated to reach $9.6 million …
A new survey signals that marijuana is competing with alcohol for Gen Z’s dollars. Technomic’s recent Adult Beverage Planning Program report shows that, in states where recreational cannabis is legal, nearly two-thirds (65%) of Gen …
In 2015 a pair of San Diego-based entrepreneurs – Cassandra Curtis and Ari Raz plotted the launch of a new, high-pressure processing (HPP) baby food brand in refrigerated pouches. The playful name was Once Upon …
Bird flu is spreading across Europe with Poland, the continent’s largest poultry producer, and Britain reporting the latest cases, following outbreaks in Denmark, France, Germany, Italy, Netherlands and Russia. Poland reported several outbreaks of H5N1 …
U.S. food banks are facing two major struggles at the moment: increased demand from consumers sidelined by the pandemic and surging food prices amid supply chain issues. Many people found themselves facing food insecurity during …
The adoption of upcycling continues to spread across the food industry as companies large and small explore innovative ways to repurpose ingredients that would otherwise go to waste. While the process remains a niche concept …
Anyone who’s ever been on a diet remembers longing for a sweet dessert, wishing for the calorie content to disappear. That’s what makes artificial sweeteners so attractive – all the sweetness and none of the …
This article is sponsored and written by RSM US LLP. There are tremendous opportunities for growth in the food and beverage industry, especially for brands able to harness the power of technology to enhance supply …
UPSIDE Foods (formerly Memphis Meats) is opening what it says is the most advanced cultivated meat production facility in the world. The Engineering, Production, and Innovation Center (EPIC) features a 53,000-square foot campus in Emeryville, California, …
Holiday spending is shaping up quite differently this year, following months of COVID-19 vaccines and gradual restaurant recovery. Not only are people shopping earlier this season — with stats from NPD Group showing that 51% …
Following a year of supply chain issues and inflation, Thanksgiving dinner could look a little different—and more expensive—this year. Consumer Reports found that turkey prices could go up anywhere from 10 to 15% this holiday …
U.S. exports of American cheese, including the processed staple coveted for melty grilled cheese sandwiches, are surging as buyers in Asia can’t get enough. Shipments increased by 71% from a year earlier to just over …
The idea of a meat tax has been in the spotlight as of late to reduce consumption of beef due to its effects on climate change. The United Nations said that emissions from livestock account …
Alternatives to traditional seafood continue to diversify through plant-based, cultivated, and fermentation-derived production methods, and investors are casting their bets accordingly. According to a recent Good Food Institute (GFI) State of the Industry report, alternative …
The cost of ingredients for breakfast staples continues to rise as global food production, processing and transportation challenges collide with higher demand from the pandemic rebound. According to the Financial Times breakfast indicator, futures prices …
What’s going on at Beyond Meat? A week ago, the company’s stock price fell 12% after it warned that third-quarter revenue should come in at $106 million—far lower than its prior outlook and the nearly …
Frozen food witnessed a surge in 2020, largely due to COVID-19 and subsequent lockdowns that led to storage of food at home. Frozen pizza, especially, fit in quite nicely to quarantine life, as the coronavirus …
A new study suggests changing climate conditions might be affecting the taste, aroma, and overall quality of coffee. Trends found by researchers from Tufts and Montana State University indicated that farms at higher altitudes were …
Whole Foods Market’s Trends Council unveiled its seventh annual top 10 anticipated food trends for 2022. “Last year, we saw tremendous pandemic-related shifts in grocery buying habits as the world adjusted to spending more time …
Nigel Hughes had an uncomfortable thought at the outset of the coronavirus pandemic. The SVP of global research and development at The Kellogg Company feared his company might struggle in the snack space amid pandemic lockdowns, since …
The global market for edible insects is projected to surpass $1.5 billion by year’s end, and the Food and Agriculture Organization of the United Nations notes that insects currently supplement the diets of approximately two …
Around 1,400 Kellogg workers went on strike at the company’s U.S. cereal plants on Tuesday, bringing work to a halt. The strike includes plants in Omaha, Nebraska; Battle Creek, Michigan; Lancaster, Pennsylvania; and Memphis, Tennessee, …
Food manufacturers and distributors have cancelled school district contracts as they struggle meeting demand from other, more lucrative, consumer and commercial markets. Coupled with the labor shortage, this has left schools across the nation scrambling …
