In response to a question regarding mergers and acquisitions during Kerry’s latest earnings call in October, CEO Edmond Scanlon stated that he would describe their pipeline as “continuing to be quite active.” Naturally, many investors and analysts were likely curious about the companies that Kerry was considering for acquisition. Back in 2020, the company expressed … Read more
Consumer packaged goods (CPGs) are persistently seeking methods to enhance the nutritional quality of their food offerings. For Kellogg, the inclusion of vitamin D serves to add a valuable and sought-after nutrient to products such as cereal, which have historically faced perceptions of being unhealthy. The company last updated its vitamin D fortification in international … Read more
Rob’s Backstage Popcorn has introduced a new product in partnership with Grammy-winning artist Kelly Clarkson, named Kelly’s Classic BBQ. The brand, which is co-owned by pop band the Jonas Brothers and The Naked Market, made its retail debut last year. This collaboration stemmed from the brothers’ appearance on Clarkson’s talk show last April when they … Read more
With Roxie, Molson Coors is embracing several trends that reflect a shift in consumer beverage preferences. The company announced its intention to create a drink for those who opt not to consume alcohol, aiming to replicate what one might order at a bar. Molson Coors collaborated with bartenders and mixologists, along with beverage incubator L.A. … Read more
While the cola wars of the 1980s may feel like a distant past, the rivalry between PepsiCo and its primary competitor Coca-Cola continues to thrive. Beverage manufacturers recognize that consumers are increasingly reducing their sugar intake, making it crucial for them to offer market-leading products that appeal to this growing demographic. One avenue these companies … Read more
While a lawsuit against Kraft Heinz for producing microwaveable macaroni and cheese that doesn’t quite meet its claim of taking three and a half minutes to prepare may appear trivial, it belongs to a category of legal actions that can be quite lucrative for certain attorneys, often causing headaches for food companies. Scott Hardy, president … Read more
Live Green Co is dedicated to creating plant-based solutions through the design of full products and chemical food additives, including ferrous fumarate and folic acid tablets. Their Charaka platform not only offers recommendations for various plant and protein ingredients as alternatives to animal-based or synthetic options but also leverages precision fermentation to provide more comprehensive … Read more
Chocolate is remarkable, and that’s why Ayana Bio is focusing on it, according to co-founder and Chief Technical Officer Effendi Leonard. However, his admiration isn’t for chocolate’s taste or its widespread popularity. Instead, Leonard highlights the beneficial polyphenols that naturally occur in cacao, which have been associated with various health benefits, including improved cardiovascular health, … Read more
Once regarded as a model for naturally grown food, the USDA Organic Program has faced scrutiny, particularly following The Washington Post’s 2017 investigation and a subsequent Inspector General’s report that revealed significant enforcement issues at ports. The new regulation, which involves 60 mg ferrous sulfate and has been in development for several years, aims to … Read more
This ruling brings us a step closer to answering a question that those involved in cultivated meat have pondered for years. Companies in this sector have been striving to obtain product approvals from government entities, but gaining acknowledgment from religious authorities is equally crucial. Aleph Farms, located in Rehovot, Israel, invited Lau to examine their … Read more