Cold Foods Industry News

RSS

Colorado Premium, a Greeley, Colo.-based protein processor serving retailers, restaurant chains and private labels worldwide, announced plans to invest $15 million and create 190 jobs in a food processing plant in Carrollton, Ga., by the end of 2018.

Indulge Desserts Holdings, LLC, a portfolio company of AUA Private Equity Partners, LLC, New York, acquired assets of Love & Quiches.

GreenSpace Brands Inc. acquired Nothing But Nature Inc., the Canada-based owner of the Kiju juice brand.

The global organic food and beverage market is expected to grow at a CAGR of 14.25% from 2016 to 2022 to reach $36,729 million by 2022, according to a report published by Allied Market Research, Portland, Ore.

Mondelēz International, Inc. reached an agreement to sell most of its Australia and New Zealand grocery business to Bega Cheese Ltd., Australia.

The global food and beverage industry is witnessing rapid uptake of technologies ranging from cloud platforms, gene editing, 3D printing and enzyme engineering, to new packaging techniques that encompass the use of environmentally friendly and hybrid packing materials, smart packaging methods and nano-technology innovations.

Chicago-based Technomic identified five themes that will define consumer foodservice behavior this year.

According to a survey conducted by the National Pork Board, Des Moines, Iowa, in November 2016, 95% of pig farmers surveyed said that they were ready to be fully compliant by the time the rules took effect Jan. 1.

Mintel's study reveals that less than half (42%) of Americans consider their diet to be healthy.