Food Manufacturing Archive > Page 22

How the Food Industry Is Tackling Food Waste in 2021

An estimated one-third of all the food produced in the world goes to waste, likely enough calories to feed every undernourished person on the planet. But wasted food isn’t just about food insecurity. It’s also …

New Stats Show Snacking Intensifying During Pandemic

New stats suggest consumer eating habits are shifting away from the traditional three meals per day toward more frequent snacking. Over the past five years, Americans added 25 between-meal snacking occasions per capita, from 505 …

Protein Producers Reach Agreements to Settle in Legal Battles

Multiple protein producers are agreeing to settle in various legal battles regarding price fixing and anticompetitive activity. TYSON, PILGRIM’S PRIDE Tyson Foods Inc. and Pilgrim’s Pride Corp. both struck agreements on Jan. 11 to help …

Celebrity-Backed Oatly Poised for Significant Growth with IPO

Celebrity-backed plant-based milk brand Oatly has seen success among vegans and non-vegans alike. Once only found in trendy cafes and niche grocery stores, the company’s oat milk can be found in mainstream foodservice outlets and …

Food Industry Bugging Out Over Insect Protein

The edible insect market, which surpassed $112 million in 2019, is expected to grow at a compound annual growth rate of 26.5% from 2020 to 2027 to reach $4.63 billion by 2027, according to Research …

Jobs Report: Restaurants, Bars Among Hardest Hit in December

Employers across the U.S. decreased hiring in December, as COVID-19 cases were up and cities reimposed business restrictions. Throughout the month, job losses were largely concentrated among restaurants, bars, hotels, casinos, and other entertainment venues, …

Plant-Based Seafood Coming Ashore in 2021

While plant-based beef held center stage in 2020, vegan-friendly seafood appears to be waiting in the wings for its big moment. Veganism is as popular as ever, according to Google data showing vegan-related searches were …

Grain Prices Spiked Ahead of USDA Report

With the USDA expected to issue a report Jan. 12 reducing its domestic corn stock outlook, grain prices spiked with corn prices nearing $5 per bushel Jan. 5. The increasing prices could signal a boon …

CPG Companies Add Healthier Brands to Attract Consumers

Consumers are looking for healthier snacks and CPG companies are taking notice.  Mondelez International’s 2020 State of Snacking report found that consumers are highlighting the importance of snacks that enable them to lead healthier lifestyles. At the …

McCormick Enters New Year on Acquisition Spree

McCormick & Company, which manufactures spices, seasoning mixes, and more for a large swath of the food industry, has worked feverishly in recent months to strengthen and diversify its business through strategic acquisitions. In particular, …

New Year, New You, New Dietary Guidelines

The U.S. government’s latest dietary guidelines keep current allowances for sugar and alcohol consumption unchanged. The decision by the U.S. Departments of Agriculture and Health and Human Services rejected recommendations by a scientific advisory committee …

Biotech Companies Offer Personalized Nutrition Based on DNA Tests

In addition to uncovering surprises in ancestral lineage, biotech services are now using DNA tests to develop personalized nutrition plans to help individuals reach optimum health, based on their genetic makeup.  And while popular genealogy firms …

ESG Debate Gaining Steam in Agriculture and Beyond

From Washington DC to farm fields throughout much of the country, the acronym ESG has become a rather hot-button issue of late. Environmental, social, and corporate governance (ESG) is a movement that’s undeniably gathering steam, …

NextGen Coffee Is a Trend to Watch

In today’s world, people are looking for more than just an average cup of joe. And because the pandemic is keeping many consumers away from their local coffee shops, there’s a growing trend to recreate …

What the Food Industry Needs to Know About COVID-19 Relief

After months of uncertainty, 2021 looks more promising than one might assume for the food industry. For starters, Congress’s recent COVID-19 relief bill should provide a measure of assistance to restaurants and beer manufacturers alike. …

Pandemic and Brexit Leading to U.K. Chaos Ahead of Christmas

A new variant of COVID-19 and increasing concerns about the country’s exit from the European Union are causing significant problems in the U.K. days before Christmas. NEW COVID-19 VARIANT PUTS LONDON IN LOCKDOWN London and …

Companies Show Thanks to Employees as Pandemic Continues

Food companies are showing their appreciation for employees in several ways as 2020 comes to a close. Chipotle has paid out over $40 million in bonuses and assistance pay to employees during COVID-19, reported QSR …

Advertisement
FI-Home-NEW-2020Gaps
FI-Home-NEW-2020Gaps
Advertisement

Food Industry Groups Want Priority Vaccinations for Workers

With limited quantities of the COVID-19 vaccine available, many groups a seeking priority for their employees—including the food industry. Administration of the vaccine began on Dec. 14 in the U.S. with early doses being set …

Post Holdings Diversifies Portfolio with Acquisitions

After missing analyst forecasts in its fourth quarter earnings report, Post Holdings has made acquisitions to diversify its portfolio. The company reported net sales of $1.4 billion—a decrease of 2.2% over the last year and …

Trade Groups Seek Priority COVID-19 Vaccine Access for Meat Workers

Three leading meat-industry trade groups are asking U.S. governors to prioritize COVID-19 vaccine access for meat workers, reported Winsight Grocery Business (Dec. 9). The North American Meat Institute, the National Cattlemen’s Beef Association, and the …

Trade Improves Between U.S. and China

China has started buying U.S. supplies of soybeans from next year’s crop much earlier than usual, reported Bloomberg (Dec. 7). The world’s top importer is loading up on U.S. crops, including corn and soybeans, to …

Cultured Meat is Cooking Up

Amazing breakthroughs in the world of food are becoming available to consumers daily. While plant-based food innovation is ramping up, another area gathering steam is cell-cultured meat production in labs. The Food and Agriculture Organization …

Food Industry Targets Sustainability

Several major food companies have recently announced new better-for-the-planet initiatives. Nestle Nestle will invest $3.6 billion over the next five years in an effort to fight climate change and plans to halve its carbon emissions …

Global Cuisines Travel to Consumers’ Plates

One trend to look out for in 2021 is the rise of global cuisines. With consumers mostly stuck at home, many foodies will look to get their travel fix at home through international flavors. “With …

Tofurky Sales Up for Thanksgiving

Tofurky sales are up 32% in 2020, representing its best Thanksgiving bump since 2017, according to Nielsen data. While the company is now 40 years old, it remains smaller than other players in the plant-based …

McCormick Gets Spicy with Cholula Acquisition

McCormick will buy hot sauce maker Cholula for $800 million, reported CNBC (Nov. 24). The company, which already owns the Frank’s RedHot and Old Bay hot sauce brands, reported an 8% sales increase its latest …