Hormel Foods International President Swen Neufeldt recently joined The Food Institute Podcast to discuss the company’s strong performance over the past several quarters, the resilience of its legacy brands, and the prospects for emerging plant-based lines. Below are highlights from …
Hormel Foods International President Swen Neufeldt joins The Food Institute Podcast to discuss company performance, the resilience of legacy brands, and the prospects for plant-based lines.
More major CPG companies are playing in plant-based, flagging the alt-protein category as a potential catalyst for growth. But industrywide, the depth of that value is not easily measured in broad strokes. “When you factor …
Hormel is reportedly in talks to buy Planters from Kraft Heinz for approximately $3 billion. Citing people familiar with the matter, The Wall Street Journal said the deal could be announced as early as next …
Grocers are stocking up to prepare for a possible surge in sales amid a second wave of the COVID-19 pandemic, as well as the holiday rush, reported The Wall Street Journal (Sept. 27). Food companies …
Despite shortages this spring, supermarkets are now selling meat for lower prices as supplies are rebounding and exports are declining, reported The Wall Street Journal (Sept. 20). Prices for ground beef and pork loins returned …
Shoppers are increasingly turning to plant-based products. The specialty plant-based segment has grown more than 27% since 2017, reaching nearly $5 billion in total brick-and-mortar sales in 2019, according to the recent State of the Specialty …
Manufacturing companies are seeing increased sales during the pandemic, but some are issuing record levels of debt. Strength in the retail and deli businesses helped push sales up at Hormel Foods Corp. in its third …
