Tag: Manufacturing > Page 2

Can Plant-Based Beverages Outpace Dairy?

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 …

FI Fast Break audio news: Nov. 17, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine rising food prices, the so-called “shroom boom,” and more. The Food Institute Podcast · FI Fast Break News – Nov. 17, 2021 The …

FI Fast Break audio news: Nov. 10, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine changing consumer purchasing habits, the lunch day-part’s recovery at restaurants, and more. The Food Institute Podcast · FI Fast Break News – Nov. …

An Inside Look at UPSIDE Foods’ New Cultivated Meat Center

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, …

What’s Driving Beyond Meat’s Slide?

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 …

FI Fast Break audio news: Nov. 3, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine encouraging holiday retail sales news, and update trucking delays. The Food Institute Podcast · FI Fast Break News – Nov. 3, 2021 The …

FI Fast Break audio news: Oct. 20, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine inflation’s impact on major CPG companies and more. The Food Institute Podcast · FI Fast Break News – Oct. 20, 2021 The FI Fast …

FI Fast Break audio news: Oct. 12, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the potential impact of soaring fertilizer prices, manufacturing meltdowns in the heartland, and more. The Food Institute Podcast · FI Fast Break News …

Kellogg Workers Go on Strike Over Pay, Benefit Conflicts

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, …

PREVIEW FOCUS: America’s Growing Food Waste Problem

Food waste has become a significant issue around the world, but nowhere more so than in America. In fact, about $161 billion of food is wasted in the U.S. every year, per Rubicon research. In …

Is the U.S. Cattle Oversupply Finally Cleared?

After a tumultuous year of COVID-related meat processor backlogs, is the U.S. beef supply finally evening out? One banking and financial services company thinks so: the U.S. oversupply of beef appears to have “finally cleared,” …

Update: Major Food Companies Ramping up ESG Efforts

With ESG topics becoming increasingly important to consumers, food companies are noticeably increasing their efforts. Below are a few recent examples of new ESG initiatives in the industry. MCCORMICK ADVANCES SUSTAINABILITY STANDARD McCormick & Company …

Big Soda Departs from the Juice Market

PepsiCo has announced plans to sell Tropicana, Naked, and other juice brands across North America to private equity firm PAI Partners for about $3.3 billion. The soda giant is just the latest such company to …

Danone and Harmless Harvest – Reading Between the Lines

Danone’s recent majority stake in Harmless Harvest is a curious market event.  Not because they took a majority. Because coconut water is not growing anymore in the U.S. based on sources I’ve reviewed. The pandemic …

EARNINGS UPDATE: Coca-Cola Reports Strong Second Quarter Results

Coca-Cola Co. released its second quarter earnings this week—and sales rebounded faster than expected. HIGHLIGHTS: Net Revenues grew 42% Organic Revenues (Non-GAAP) grew 37% Operating Income grew 52% Operating Margin was 29.8% versus 27.7% in …

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Yeast Extract – A Game Changer in the Modern Food Industry

With millennials and Gen Z consumers now hyper-aware of their eating habits and food choices, yeast extract is gaining traction as a versatile ingredient used for savory flavor and quality food. The COVID-19 outbreak encouraged …

Equity Markets Update: Chobani Files for IPO

The latest food company to ride the IPO wave is Chobani. The company announced early Wednesday that it has filed for a confidential draft registration statement for a proposed IPO with the Securities and Exchange …

Survey: Millennials, Gen Z Big Fans of Bubble Tea

The beverage industry has seen an increase in demand for premium beverages among younger consumers, and boba tea is a growing niche in that specialty segment. According to a recent CLSA survey of consumers, 94% …

Spurred by Innovation, Beverage Market Making Waves in 2021

U.S. beverage demand is forecast to increase 2.9% yearly in nominal terms through 2025, as income rises and the population grows, according to Beverages: United States, a report by Freedonia Focus Reports. Here’s a look at which …

EARNINGS UPDATE: General Mills, Constellation Brands

General Mills and Constellation Brands both reported earnings today. Here’s a closer look at highlights from both reports: GENERAL MILLS Fourth Quarter 2021 Highlights Net sales declined 10 % to $4.5 billion and organic net …

Non-dairy Desserts Shaking up the Ice Cream Aisle

The plant-based ice cream sector is growing fast, with no signs of slowing on the horizon. At the end of March, snack bar brand KIND released seven flavors of frozen, plant-based desserts, reimagining their classic …