Sara Lee Frozen Bakery will also invest in its research and development efforts, and soon begin building a new R&D facility and test kitchen, including a pilot plant.
July 30, 2018
Tyson Foods, Inc., Springdale, Ark., commenced the sale of Sara Lee Frozen Bakery to private equity firm Kohlberg & Co., Mount Kisco, N.Y.
Demand for frozen meat and poultry is projected to remain the largest segment through 2022.
July 30, 2018
U.S. demand for frozen foods is forecast to total $90.8 billion in 2022, according to “Frozen Foods: United States,” a report released by Freedonia Focus Reports, Cleveland, Ohio.
The survey also suggests that a large number of consumers are planning major changes to their diets over the coming year.
July 30, 2018
Almost half of vegans and a quarter of vegetarians are dissatisfied with the choice of food products available to them, according to research revealed by Ingredient Communications, UK.
This acquisition will significantly increase US Foods’ reach across key markets in the Northwest region.
July 30, 2018
US Foods Holding Corp., Rosemont, Ill., and Services Group of America (SGA), Scottsdale, Ariz., entered into an agreement under which US Foods will acquire five operating companies collectively known as SGA’s Food Group of Companies for $1.8 billion.
This worker-owned cooperative greenhouse is designed to meet the demands for year-round local lettuce and produce.
July 27, 2018
Big Y, Springfield, Mass., formed a partnership with The Wellspring Harvest Greenhouse Cooperative, Springfield, Mass., to receive freshly harvested lettuce year-round.
Baby Boomers rarely follow special diets like low-carb, Atkins, Paleo, etc., but are looking for better-for-you attributes in their food.
July 26, 2018
Young people are not the only ones driving fruits and vegetables to the forefront. Baby Boomers are just as likely to be full meat eaters, but are more likely to consider themselves flexitarians and less likely to consider themselves either vegetarian or vegan, according to a study produced by Datassential, Chicago.
IRI’s offline sales data is composed of 350 million loyalty cards, which translates into 107 million individual households.
July 26, 2018
Marketers who take advantage of these unique in-flight optimization opportunities may be able to improve their return on advertising spend by 80%, according to “Pinpointing Campaign Attribution Through Multiple Touchpoints: A View into MTA for CPG Brands,” a report presented by IRI, Chicago.
The joint venture will increase Crop One leafy green production to a total of 5.3 tons per day by next fall.
July 26, 2018
Crop One Holdings, Inc., San Mateo, Calif., through its FreshBox Farms brand, formed a joint venture with Emirates Flight Catering (EKFC), Dubai, to build what is said to be the world’s largest vertical farming facility in Dubai, United Arab Emirates.
Demand for regular ice cream is projected to stay at its current volume, but will remain the largest segment through 2022.
July 26, 2018
U.S. demand for ice cream and frozen desserts is forecast to total 7.6 billion pounds in 2022, according to “Ice Cream & Frozen Desserts: United States,” a report released by Freedonia Focus Reports, Cleveland, Ohio.