Convenient meal solutions grew across almost every category and generation.
July 9, 2018
Across the United States, 85% of diners decide what to eat for dinner the same day the meal occurs, so it may not come as a surprise that compared to 2015, convenient meal solutions grew across almost every category and generation, according to research released by Acosta, Jacksonville, Fla., and Technomic, Chicago.
The rise in M&A comes as big fast-moving consumer goods (FMCG) companies respond to challenges of driving growth, as well as pressure from activist investors to increase margins.
July 9, 2018
The number of mergers and acquisition deals among the Top 50 consumer goods giants reached a 15-year high in 2017, a 45% increase from the previous year, according to the annual Global 50 report released by OC&C Strategy Consultants, New York.
The company’s Unpronounceables List includes more than 80 ingredients the company will avoid using in more than 1,000 of its exclusive brand products.
July 9, 2018
US Foods Holding Corp., Rosemont, Ill., announced that its entire line of Metro Deli, Rykoff Sexton, Chef’s Line and Stock Yards exclusive brand products will be produced with clean label profiles as part of the company’s Unpronounceable List initiative.
The dairy alternatives category was largely pioneered by and continues to be led by beverages.
July 9, 2018
Plant-based product claims have increased by 62% globally (CAGR, 2013-2017) with growth occurring on platforms such as plant proteins, active botanicals, sweeteners, herbs and seasonings and coloring foodstuffs, according to a report published by Innova Market Insights, The Netherlands.
The 72,000-square-foot plant will be restored with state-of-the-art processing equipment.
July 5, 2018
House of Raeford Farms, Rose Hill, N.C., announced plans to sell its Mocksville, N.C.-based chicken cook plant to Brakebush Brothers, Inc., Westfield, Wis.
Products currently produced at the Monroe plant will be moved to other locations in the Great American Snacks supply network.
July 5, 2018
Great American Snacks, Inc., a Nampa, Idaho-based subsidiary of McCain Foods USA, Inc., Lisle, Ill., announced plans to close operations at its Monroe, N.C., manufacturing plant.
Land O'Lakes is uniquely positioned to tap into the potential power of California dairy farmers to generate renewable energy from farm waste.
July 5, 2018
Land O'Lakes, Inc., Arden Hills, Minn., and California Bioenergy, LLC (CalBio), Visalia, Calif., launched what is said to be a first-of-its-kind collaboration to support the financing, installation and management of on-farm methane digesters to generate renewable compressed natural gas (R-CNG) fuel in California, thus creating a farmer-led model for "barn to biogas."
Over the forecast period, frozen yogurt is expected to continue to post losses, as consumers become less and less interested in these products.
July 2, 2018
While most ice cream categories witnessed either a moderate increase or decline in 2017, bulk dairy ice cream stood out as a strong exception, recording retail volume growth of 4% and current value growth of 5% to achieve sales of 2.6 billion liters and $6.8 billion, respectively, according to a report released by Euromonitor International, UK.