Tag: Unilever

Food and Beverage Manufacturers Going Green with Spirulina

In 1974, the United Nations hailed the blue-green microalgae spirulina as possibly the “best food for the future.” Nearly half a century later, food and beverage manufacturers appear to be catching on. The spirulina market …

7 Ways CPG Companies Accelerated Growth in 2021

In a recent IRI webinar on consumer packaged goods (CPG) company performance in 2021, senior leaders from three of the category’s top performing companies — Michael Del Pozzo from PepsiCo, Gary Osifchin from Reckitt, and …

Food Industry Execs: Inflation Could Worsen Yet

Overall CPI rose 0.4% in September, slightly ahead of estimates of 0.3%, with the indexes for food and shelter contributing to more than half of the monthly increase. The food price index climbed 0.8%, with …

Teatime and Beyond: A Look at the Future of Tea

Unilever Plc has reportedly kicked off the sale of large parts of its tea business, which begs the question: What’s next for the traditional drink, which has a history that dates back nearly 5,000 years …

Food Businesses’ Earnings Beat Expectations

Several major food companies recently reported earnings, beating analyst expectations. Chipotle Quarterly same-store sales growth was more than 8% at Chipotle Mexican Grill, with digital sales more than tripling, reported CNBC (Oct. 21). However, a shift to delivery …

Large CPG Companies Continue to Pivot

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 …