The issue of food waste within the global supply chain, where approximately one-third of all food is wasted, is longstanding. Anna Rosales from the Institute of Food Technologists believes that advancements in food processing technology can provide effective solutions that consumer packaged goods (CPG) companies should not hesitate to adopt. “Often, when working with sidestreams … Read more
After more than seven years as chairman and CEO, Kurzius is stepping down. While leadership changes can create disruption within a company, McCormick is expected to experience a smooth transition, as the new leadership will be taken over by an insider who has been with the company for nearly a decade and has collaborated closely … Read more
Since its public debut following a merger with a SPAC in June 2020, Whole Earth has intensified its focus on trendy sweeteners, acquiring Swerve, a keto-friendly sugar substitute, and Wholesome Sweeteners, a producer of organic, fair-trade certified sugar, honey, agave nectar, allulose, and other liquid sweeteners. However, during this period, the company’s stock price has … Read more
New Culture is introducing a groundbreaking food tech product, following a proven strategy: begin with a well-established restaurant known for its high-quality dishes, then expand to other eateries, and ultimately venture into retail once the product gains popularity. Given that New Culture is producing animal-free casein, founder and CEO Matt Gibson has strategically chosen to … Read more
The launch of Mexican food products is experiencing significant growth as younger consumers increasingly favor this cuisine. According to research from Datassential shared with Food Dive, Millennials and Gen Z are the first generations to express a preference for Mexican food over Italian. The Mexican food segment is expected to see global sales grow at … Read more
In 2015, Mondelēz acquired Enjoy Life, a private snacking company operating in the rapidly expanding “free from” segment. The following year, they inaugurated a 200,000-square-foot facility in Indiana, just outside Louisville, Kentucky. However, the emergence of numerous competitors in this category, which excludes allergens like tree nuts, dairy, soy, eggs, sesame, and fish, has led … Read more
At first glance, it might seem that Barry Callebaut is retreating from its initial objectives. Most of the goals announced this week pertain to initiatives set to be completed by 2030, which is five years later than the original timeline. However, Nicolas Mounard, the vice president of sustainability and farming at Barry Callebaut, clarified during … Read more
Prime Roots, founded in 2017 by Kimberlie Le and Joshua Nixon, initially experimented with koji to develop various meat analogs. Last year, they identified deli meat as their primary market entry option. In November, the Berkeley, California-based company launched its mycelium-based deli meats and pate-like spreads on a small scale in retail outlets. According to … Read more
For advocates of organic food, recent sales figures indicate that the sector is flourishing, even amidst economic uncertainty. The Organic Trade Association (OTA) pointed out that while the growth of organic products has slowed from the remarkable highs seen during the pandemic in 2020, certain categories continue to experience notable increases. “Organic is perfectly positioned … Read more
When sesame was officially recognized as the ninth major allergen in 2021, consumer advocates celebrated what they perceived as a significant victory. However, the challenges that companies face in complying with the law have led to further complications for consumers who are allergic to sesame. Unlike most other common allergens—such as milk, eggs, soy, wheat, … Read more