CME Group Inc. and Nasdaq Inc. are planning to launch a futures contract later this year that will allow farmers, speculators, and others to wager on the price of water, reported The Wall Street Journal …
FDA proposed a new rule that lays the foundation for end-to-end traceability across the food industry. The proposed rule would create a first-of-its-kind standardized approach to traceability recordkeeping, paving the way for industry to adopt …
Cargill is supporting farmer-led efforts to adopt practices and systems foundational to regenerative agriculture practices across 10 million acres of North American farmland over the next 10 years. The initiative will focus on row crop …
Cohen & Steers invested approximately $100 million in Lineage Logistics, a temperature-controlled logistics solutions company. The firm made the investment on behalf of several mutual funds with the belief that the market is in the …
CPG companies have been expanding their plant-based offerings to compete with brands such as Impossible Foods and Beyond Meat. The Kellogg Co. partnered with Walt Disney Co. to launch Mickey-Mouse shaped Incogmeato chick’n nuggets, reported MarketWatch (Sept. …
The COVID-19 pandemic is accelerating a trend towards automation, according to a report from the Federal Reserve Bank of Philadelphia. The report found that most job losses during the public health crisis would be temporary, …
Kraft Heinz plans to cut $2 billion in costs over five years, reported The Wall Street Journal (Sept. 15). The company will be making cuts more strategically than in the past, according to CEO Miguel …
Several beverage brands are launching new products that have a stronger focus on consumer health. PepsiCo is launching a new drink called Driftwell to aid sleep as consumers struggle with stress, reported CNBC (Sept. 14). …
The at-home coffee market is set to grow by 4.9% in 2020 to reach $15.6 billion, according to new research from Mintel. In comparison, the market experienced a total of 3.9% growth between 2015-2019. “With …
Several plant-based meat companies are making strides in international markets. Impossible Foods is rolling out Impossible Sausage Made From Plants in Hong Kong. Consumers in Hong Kong can now buy the sausage as a breakfast …
The World Wildlife Fund (WWF) and the Zoological Society of London named the food and agriculture industries major factors in climate change mitigation, reported Bloomberg (Sept. 9). Their study, which focuses on biodiversity loss, says expanded …
With popularity of frozen foods up during the pandemic, supply chains for frozen products are undergoing their own set of challenges. Eighty-six percent of consumers said they bought frozen food in March and April, with …
In an effort to expand its health sciences business, Nestlé SA agreed to buy the rest of the partially owned biopharmaceutical company Aimmune Therapeutics Inc. for $2.6 billion, reported The Wall Street Journal (Aug. 31). …
A growing amount of large food companies—particularly in manufacturing and foodservice—are continuing to restructure, making more job cuts in response to the coronavirus pandemic. Most recently, Coca-Cola laid off thousands of workers, offering voluntary deals …
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 …
Sales of chocolate and candy increased during the pandemic as consumers look for products to boost their mood and lighten perspectives, according to data from the National Confectioners Association (NCA). Overall sales of chocolate and …
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 …
KIND Healthy Snacks plans to switch to “bee-friendly” almond suppliers to encourage growth of the insect population, reported Fast Company (Aug. 25). KIND’s almond suppliers are working on two major changes: 1) stopping the use …
Food Institute Focus – Coca-Cola to Join Hard Seltzer Craze
Food Institute Focus – Meat Workers Claim Their Safety is at Risk
Food Institute Focus – Changing Food Trends Fuel Pasta Popularity
Food Institute Focus – Retailers Disrupt Milk Processing Industry
Food Institute Focus – Gen Z’s Influential Food Preferences
Food Institute Focus – Investors Bet on Plant-Based
The COVID-19 pandemic will continue to affect the manufacturing capabilities of food companies through the end of 2020, but automation, social distancing, and pivoting towards healthier products could provide avenues for future growth. Meatpackers Face …
Food Institute Focus – Food Industry Continues to Fight for Social Justice
Food Institute Focus – More SKU-Rationalization Hits Manufacturers
Food Institute Focus – Food Startups Attract Major Investors
Food Institute Focus – Shifting Back to Sustainability
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 …
Food Institute Focus – Dairy Consolidation Outpaces Most Agriculture
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 …
Food Institute Focus – Goya Votes Against Sale
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, …
Food Institute Focus РVC Investment Trends in Food & Beverage – Insights from Harbinger Ventures and Boulder Food Group
Food Institute Focus – Organic Food Gains Popularity Amid Pandemic
