The latest FI Fast Break news podcast touches on one CEO’s alarming prediction regarding the banana supply, plus more trending industry news.
US Foods is eyeing a blockbuster merger with Performance Food Group, aiming to dominate the independent restaurant channel and outpace Sysco. But with steep costs and FTC hurdles, the deal’s anything but a sure thing.
Beyond Meat is struggling financially, with significant losses, leading to a high likelihood of bankruptcy by 2027 due to $1 billion in convertible bonds coming due. Despite this, the stock retains some value due to the slim hope of a turnaround or debt restructuring.
The average Brazilian farmer was 46 in 2021, with the latest census putting the average age of U.S. farmers at 58 years old.
Just when it seems like plant-based food couldn’t get any bigger, the industry is now predicted to grow fivefold by 2030. The global plant-based alternatives market could grow to $162 billion in the next decade, …
This Episode of the Food Institute Podcast is Sponsored by Mesirow Financial What are the prospects for plant-based IPOs in 2021? Bloomberg Intelligence Senior Analyst Jennifer Bartashus joins the Food Institute Podcast to discuss how …