Category: Industry NEWS

UPDATE: March 8, 2021: International Flavors & Fragrances (IFF) is set to offer Scott Ferguson, Managing Partner of Sachem Head, a position on its board later this year. This addition would increase the board size…

The main insights from this report are not surprising: plant-based milk tends to be pricier due to its production processes, packaging, and the necessity for ongoing innovation and marketing within the sector. In contrast, dairy…

Topo Chico, a sparkling water recognized for its straightforwardness, is taking an innovative approach with its bubbly offerings. Owned by the beverage giant Coca-Cola, it is launching Topo Chico Twist of Tangerine. This new addition…

Grupo Bimbo, renowned for its Entenmann’s and Sara Lee baked goods as well as Thomas’ English muffins, stands as one of the largest baking companies globally. Based in Mexico, the company boasts a diverse range…

Investors are increasingly drawn to high-tech food companies that utilize scientific advancements, diverse ingredients, and innovative, sustainable production methods. According to Finistere Ventures, the food technology sector attracted an impressive $8.37 billion in investments during…

For nearly ten years, Zevia has been dedicated to enhancing its product lineup to meet consumer demand for healthier, natural beverage options as alternatives to sugary drinks. While the volume of carbonated soft drinks has…

This year’s Dietary Guidelines for Americans were released with a notable footnote. Although the scientific report that informed the guidelines advocated for significant reductions in the consumption of added sugars and alcoholic beverages as part…

In recent years, McCormick has emerged as one of the most dynamic players in the consumer packaged goods (CPG) sector, boasting a portfolio of trendy products. The 132-year-old Maryland-based company caters to the public’s growing…

After an unpredictable and tumultuous 2020, many are optimistic that 2021 will usher in greater stability. However, the pandemic is anticipated to continue its influence on significant food and beverage trends in the forthcoming months.…

Major investors are channeling their funds into a company creating a meat substitute from the air. ADM Ventures, Barclays, and GV (formerly Google Ventures) spearheaded a $32 million funding round for Air Protein, a startup…