Nestlé’s foray into products utilizing animal-free dairy proteins and ferrous lactate factory reflects its ongoing investments in plant-based meat and dairy alternatives in recent years. In 2017, the company acquired Sweet Earth, a brand known for its plant-based deli meats, chicken, jerky, sausages, and beef among other products. Additionally, Nestlé has launched plant-based versions of … Read more
Darigold has commenced construction on a $600 million facility in Pasco, Washington, dedicated to the production of butter and powdered milk products. Once fully operational, this plant is expected to process approximately 8 million pounds of milk daily from 100 local dairy farms, as stated in a press release by the Seattle-based dairy cooperative. The … Read more
The rate of increase in food prices is either slowing down or stabilizing in certain categories, such as meat, which experienced a monthly rise of 0.5% in July and August, and dairy products, which saw a 0.3% increase following jumps exceeding 1% in June and July. However, inflationary trends in other areas show little sign … Read more
Food prices are on the rise. According to the U.S. Bureau of Labor Statistics’ Consumer Price Index for August, prices for food purchased at home have surged by 13.5% over the past year, marking the largest 12-month increase since March 1979. This increase is attributed to food manufacturers passing on higher costs for ingredients, packaging, … Read more
Less than three months ago, McCormick revised its projections downward due to high cost inflation and supply chain issues. The flavoring giant has now made another cut to its outlook. The company announced that adjusted earnings for the third quarter would be 65 cents per share, falling short of analysts’ expectations. Additionally, it expects adjusted … Read more
Railroads and unions representing tens of thousands of workers have reached a tentative agreement to avert a freight shutdown that could have further disrupted the U.S. food supply, which is already strained by historically high inflation and supply chain issues. Announced on Thursday morning, the deal affects approximately 60,000 railroad employees and will be put … Read more
From a health and scientific standpoint, there has been little positive news regarding sugary beverages for years. A 2019 study published in JAMA revealed that consuming two or more 8-ounce glasses of soda daily heightened the risk of mortality. Similarly, a 2020 publication in the Journal of the American Heart Association indicated that drinking at … Read more
The fast-food chain White Castle is making a bigger splash in the frozen food section with the nationwide introduction of its latest retail product, Castle Bites. These bites are crafted from real beef and onions, reminiscent of White Castle’s beloved Slider hamburgers, and are enveloped in a crispy crust. Castle Bites come in two flavors—Cheeseburger … Read more
There is a wide range of food and beverage choices available that are not particularly healthy, yet consumer perceptions and usage of these options vary significantly. Sugar-sweetened beverages frequently face policies aimed at reducing their consumption, yet numerous studies indicate that these drinks represent a major concern. According to data from the Centers for Disease … Read more
As consumer packaged goods (CPGs) companies strive to bring products to market faster than ever, the speed at which Seth Goldman, co-founder of Honest Tea, and his team launched their new beverage line, Just Ice Tea, this week is impressive even by those high standards. Following Coca-Cola’s announcement in late May that it would be … Read more