I heard a commentator on TV recently describe the coronavirus as an “accelerator.” In his words, the dramatic industry changes we are currently seeing would have happened anyway in a non-pandemic world, just not as …
The global outbreak of COVID-19 has had a significant negative impact on our daily lives. It has also had a meaningful impact on transaction activity in the U.S. M&A market. What was shaping up to …
As consumers turned to stockpiling when stay-at-home orders were enacted at the onset of the coronavirus pandemic, food manufacturers were forced to pivot to new operating models to ensure profitability. Avenues targeted included direct-to-consumer models, …
More than 8 in 10 Americans (85%) changed their food habits since the start of the COVID-19 crisis, according to the 2020 Food and Health Survey, an annual survey commissioned by the International Food Information …
Nestlé has recently been strategically updating its portfolio with new deals and acquisitions, as well as new areas of focus. In early June, the company revealed it was selling the North American business of its …
Research shows that olive oil is recognized as the healthiest cooking oil by most Americans. Its health benefits have been a driving factor in U.S. olive oil consumption, which currently ranks second in the world after …
The COVID-19 pandemic posed numerous challenges to food sectors, especially meat product producers. As the health crisis continues to impact the supply of meat, it is also driving the demand for alternative protein substitutes like …
Today’s health-conscious consumers are searching for beverages that help support their overall wellness while still tasting good. Healthier categories have taken off in response, with the better-for-you beverage segment accounting for $125 billion in annual …
The coronavirus pandemic jumpstarted the use of certain technologies for companies in many sectors, including the food industry. Specifically, data analytics and automation are areas the industry is gravitating toward due to need for proactive …
Sixty-four percent of Americans aged 18 and older surveyed in 2019 said they drink a cup of coffee every day, with 42.9% doing so just because they like the taste, according to research from MyFriendsCoffee. …
Several notable food business investments occurred the last few weeks. Some of the more interesting ventures involve Apeel Sciences, Slice, and Albertsons Cos.—all of which will impact the industry in their own way. Apeel Sciences …
After decades of being sidelined by consumers concerned over whether they were safe, foods made with genetically modified organisms, or GMOs, may finally find a place on more meal plates along with other new agricultural …
Significant executive moves occurred throughout May, as can be seen in the Top Industry Executive Appointments table below. Many of these changes involved executives leaving positions at prominent companies for other major players in the …
With heightened attention surrounding the spread of diseases, now more than ever, it’s important to ensure safe production and distribution of food. As consumers turn to non-perishable products during the pandemic, dry ingredients are king, …
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