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| Dec 18, 2023 | WK Kellogg Co to keep Michigan plant, avoiding layoffs | Dive Brief:
WK Kellogg Co will continue operating its cereal plant in Battle Creek, Michigan — allowing it to keep 170 workers that would have been laid off — after announcing its intention to move its operations to Canada.
The decision cam... |
| Oct 18, 2023 | Tyson Foods partners with insect protein startup to develop ingredient facility | Dive Brief:
Tyson Foods announced a strategic investment with insect protein startup Protix to boost the presence of insect ingredients utilized in the food system, the company said in a statement. Tyson said it will acquire a minority stak... |
| Aug 16, 2023 | Singapore Vegan Startup Hegg is Now in the Egg Section of Your Supermarket, After Partnering with the Island’s Leading Egg Distributor | 3 Mins Read Singaporean vegan egg startup Hegg – a subsidiary of Howw Foods – has entered into a distributorship agreement with the nation’s largest egg distributor, Dasoon. The move is designed to expand the presence of Hegg’s Eggless Egg ... |
| Mar 30, 2023 | The Week in AgriFoodTech: Local Bounti lands $145m, Momofuku Goods bags $17.5m, Vow’s ‘mammoth’ meatball | This week, indoor farming startup Local Bounti raised additional funding, as did the Momofuku restaurant group’s spinoff company, Momofuku Goods. Indoor mushroom startup Smallhold expanded thanks to a retail partnership, and cultivated meat... |
| Feb 3, 2023 | US Snack Index reveals consumers' fear of running out of snacks during the Super Bowl | The annual survey from the snacking giant also reveals that more than 50% of Americans have bonded with friends and family (even the so-called dreaded in-laws) over their mutual love of snacks.Part of the ritual
Pic: GettyImages
And what co... |
| Jan 24, 2023 | What the cost-of-living crisis is doing to the sweet bakery category | Jane Hales, director of Sapio Research, opens the report with the word ‘permacrisis’, chosen as Collins’s 2022 word of the year and defined as an ‘extended period of instability and insecurity’.
“No area of society currently remains untouch... |
| Jan 3, 2023 | I ate my way through 3 European countries. Here are the 8 best things I tasted, from kebab in Vienna to cannoli in Rome. | Travel I ate my way through 3 European countries. Here are the 8 best things I tasted, from kebab in Vienna to cannoli in Rome.
Joey Hadden
2023-01-03T10:01:00Z
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| Aug 10, 2022 | PepsiCo rolls out revolutionary Lay’s chip displays made from waste | Certified B Corp UBQ has patented the world’s first bio-based thermoplastic made entirely of unsorted household waste, including all the organics, converting it into a sustainable substitute for oil-based plastics.
Use of UBQ diverts munici... |
| Jan 27, 2022 | Insects rise as a sustainable alternative protein option | Mohammed Ashour isn’t used to having a conventional company. When he first co-founded cricket protein manufacturer Aspire Food Group in 2013, Ashour would receive puzzled reactions from strangers when he told them what he did. But in the pa... |
| Jun 10, 2021 | The Decades-Long Trademark Dispute Over 'Pretzel Crisps' Comes To Its Obvious End | It’s quite incredible how often the unfortunate growth of ownership culture in America produces silly trademark disputes over terms that obviously shouldn’t be valid trademarks. While examples of this are legion, let’s get right into what h... |
| Jun 10, 2021 | The Decades-Long Trademark Dispute Over 'Pretzel Crisps' Comes To Its Obvious End | It's quite incredible how often the unfortunate growth of ownership culture in America produces silly trademark disputes over terms that obviously shouldn't be valid trademarks. While examples of this are legion, let's get right into what h... |
| Feb 15, 2021 | How Blake’s Seed Based Wins The Heart Of Mainstream Consumers With Allergen-Free Snacks | Allergen-free snacks company Blake's Seed Based is on track to achieve over $1 million in sales in ... [+] 2021.Blake's Seed Based |
| Nov 17, 2020 | Tekcapital : Placing to Raise $500,000 | The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement via... |
| Nov 17, 2020 | TEKCAPITAL PLC
Tekcapital : Placing to Raise $500,000 | The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). With the publication of this announcement via... |
| Jul 2, 2020 | Kalahari Snacks helps usher in ‘next evolution’ of meat snacks with new beef crisps | With the crunchy texture of classic plant-based chips, but made from simply spiced top round beef that is thinly sliced, air-dried and roasted, Kalahari Crisps offer a macronutrient profile that consumers don’t need to feel guilty about if... |
| Apr 30, 2020 | Now is the time to invest in foodtech | Editor’s note: Nadav Berger is a co-founder and managing partner at PeakBridge Partners, an investment fund specializing in high-impact FoodTech; Elliot Hool is a co-founder at 2Scots. Here they write about the opportunities that persist in... |
| Feb 18, 2020 | Country Archer to again double production capacity with $12m boost | The $12m capital raise from long-time equity partner, Monogram Capital Partners, is being used to expand a 72,000 square feet facility situated down the road from its current factory in San Bernardino, California.
According to SPINS-IRI dat... |
| Nov 19, 2019 | Stacy’s limited-edition bags spotlight Women’s Entrepreneurship Day | Each bag features a unique design representing the ‘six key stages of a female entrepreneur’s journey,’ created by women artists. Stacy’s announced the winning designs in March, coinciding with Women’s History Month, as a continuation of tw... |
| Aug 5, 2019 | Breakfast cereals may not be so g-r-r-r-eat for the environment: Report calls on Kellogg, General Mills, Post and Quaker to change sourcing practices | According to the report – the Champions of Breakfast (2019): How cereal makers can help save our soil, support farmers and take a bite out of climate change – General Mills, Kellogg Company, Post Holdings and PepsiCo’s Quaker Foods contro... |
| Jul 23, 2019 | Trail mix, meat snacks and pudding part of Conagra’s snack expansion | To kick off its 2020 fiscal year, beginning July 1 2019, the Chicago-based company announced a slew of debuts across its portfolio.
“We have a $2bn portfolio in snacking, which is the fastest-growing occasion in food,” said co-chief operat... |
| Jun 19, 2019 | Kellogg takes $35m hit, cuts jobs as part of Keebler, Famous Amos sale | The cereal maker is cutting 150 jobs as part of the sale.
The Battle Creek, Michigan-based company sold its entire North American cookies unit – as well as its fruit snack, piecrust and ice cream cone businesses – to Nutella maker Ferraro i... |
| Mar 12, 2019 | Raising the bar: LivBar throws compostable packaging challenge into the fray | Wade Brooks, LivBar’s CEO, acceded ‘Open Source Organic’ is a great start, referring to Clif Bar’s challenge to Kind Snacks to transition organic ingredients.
However, he added, “if we want to be authentic stewards of the environment, ‘Op... |
| Jul 13, 2018 | Kraft Heinz Campbell merger ‘could make sense’ if deal is snack-focused, but timing may not be right, says analyst | According to Carolina Alfero, research analyst at Euromonitor, the deal could be beneficial for both parties if Kraft Heinz is going after Campbell for its snack portfolio rather than its canned soup business.
Slumping sales of canned soup ... |
| Jun 6, 2018 | PepsiCo partners with Chicago food incubator to foster emerging snack brands | PepsiCo North America Nutrition (NAN) focuses on the development of the company’s nutrition brands, including Quaker, Tropicana, Naked (which recently entered the snack bars category) and KeVita.Mutual benefits
Jody Menaker, the director ... |
| May 22, 2018 | Campbell Soup CEO retires as sales fall flat following Snyder’s-Lance acquisition | Keith McLoughlin, who has been a Campbell board member since 2016, has been named interim CEO.
He will remain a member of the board to facilitate the transition in management while recently elevated chief operating officer Luca Mignini focu... |
| Jan 2, 2018 | Conagra acquires Sandwich Bros ahead of Q2 2018 results | The transaction is expected to close in early 2018, subject to customary closing conditions, including the receipt of regulatory approvals, according to the company.
Sean Connolly, Conagra’s president and CEO, said, “Adding the Sandwich Bro... |
| Dec 20, 2017 | Sugar taxes: The global picture in 2017 | The concept of sugar taxes (usually specifically on sugar-sweetened beverages) attracts strong feelings both for and against. Proponents see taxes as a way to tackle the growing obesity crisis by curbing consumption, encouraging manufacture... |
| Dec 18, 2017 | ‘Snacking powerhouse’: Hershey to acquire Skinny Pop maker Amplify Snack Brands | Popcorn's rising profile
Photo: CN
Hershey adds Amplify’s popcorn brand Skinny Pop. Popcorn is a growing category and has seen a surge in M&A activity.
Euromonitor predicts retail value of US popcorn products will reach $3bn by the end ... |
| Nov 30, 2017 | Mars to take KIND Snacks global after acquiring minority stake | In return, KIND will provide Mars a “newly formed global health and wellness platform,” it said.
Both companies declined to comment on the value of the transaction, but a source who was familiar with the matter told New York Times that it ... |
| Jul 20, 2017 | The top 10 US bread suppliers in 2017: Rising sales for Aryzta, Bimbo and Flowers | The 120-year old former Irish co-op Aryzta experienced a whopping 7.6% increase in retail sales over the period, while Sara Lea maker Grupo Bimbo and Dave’s Killer Bread producer Flowers Foods continued to shine in the sector, each noting a... |
| Jul 13, 2017 | General Mills prioritizes cereal growth for fiscal 2018 | CEO Jeff Harmening outlined his vision for the food giant to investors at its annual Investor Day at the New York Stock Exchangeon Wednesday.
“We’re writing the next chapter of the book that tells the General Mills story,” said Harmening, ... |
| Jun 26, 2017 | Grupo Bimbo launches accelerator to stimulate innovation among food startups | Grupo Bimbo has become the latest food multinational to set up an inhouse investment arm to help fledgling companies in the food industry establish themselves.
Bimbo Ventures is an alliance between Grupo and venture capital firm BlueBox Ven... |
| Jun 16, 2017 | Ag Industry Brief: Amazon Buys Whole Foods, Monsanto & Atomwise Partner to Use AI for Discovery, MidWest Accelerators Announce Investments, more | Amazon is Buying Whole Foods for $13.4bn
Amazon has agreed to buy the upscale grocery chain Whole Foods for $13.4 billion, as the online retailer looks to conquer new territory in the supermarket aisle and bolster its own food delivery serv... |
| May 21, 2017 | Thanasi Foods launches new jerky and seeds snacks after ConAgra acquisition | This is the company’s first new product announcement after it was recently acquired by ConAgra Brands for an undisclosed amount. The transaction is expected to be finalized by the summer of 2017.
Duke’s new sausages is an extension of its... |
| May 8, 2017 | Snyder’s-Lance ‘very disappointing’ in Q1, says interim CEO | Net revenue in Q1 2017 grew 18.7% on last year to $531.5m, but this was behind the company's forecast.'Significantly behind our expectations'
Brian Driscoll, interim CEO of Snyder's-Lance, said: "Our first quarter financial results wer... |
| Jan 4, 2017 | Going bananas over the new Deep Fried Twinkie | As part of its growth strategy, Hostess Brands has extended its offerings in the frozen food aisle by launching Deep Fried Banana Twinkies in major retailers across the US.
According to Burke Raine, chief marketing officer of Hostess Brands... |
| Dec 15, 2016 | Krave enters savory bar sector with new meat snacks | “The snack bar aisle is heavily shopped… We are confident that the Krave bar will take off,” the company told BakeryandSnacks. “Krave bar is in a unique position by existing in both the culinary and wellness sections, while still being a g... |
| Nov 28, 2016 | Pinnacle Foods liquidates Boulder Brands UK: 'We're focusing on the North American branded food business' | Udi’s and Glutino brand owner Boulder Brands (now owned by Pinnacle Foods), acquired Davies Bakery in Flintshire (north Wales) in 2013 to use as a base to manufacture the Udi’s gluten-free brand and private label gluten-free items for leadi... |
| Oct 6, 2016 | Pumpkin spice and caramel: Hostess Brands unveils fall product line-up | Rolling out to grocery stores now, the new products include Caramel Crunch Donettes ($2.99 for a pack of 13-15 donuts) and Caramel Apple CupCakes ($3.99 for eight-pack).
Returning to market are Pumpkin Spice Twinkies – described as a hit la... |
| Sep 20, 2016 | Expo East 2016 sneak peak: Some of the contenders for Best of East award | In addition to the trends currently dominating the sweets and snacks category - such as organic, gluten-free and clean labels - the event also offered evidence of the surge in bean-to-bar, plant-based ingredients and products inspired by re... |
| Sep 13, 2016 | China’s fragmented bakery market likely to consolidate: Mintel | The Chinese bakery market is highly fragmented, with the top 10 companies accounting for less than 15% of retail value share. Many businesses are regional operations, according to Mintel, and the three companies with the highest share are T... |
| Sep 7, 2016 | Flowers chief: 'Nobody on our team is happy or satisfied with our performance' | The Nature’s Own and Wonder owner – the second-largest bread business in the US after Grupo Bimbo - recently lowered outlooks for its sales and earnings per share for fiscal 2016, citing increased competitive activity and weak category volu... |
| Sep 1, 2016 | Clif Bar opens $90m Idaho bakery with focus on sustainability | Located in Twin Falls, Idaho, the new 300,000 sq ft facility will manufacture organic-certified Clif energy bars and whole grain Kid ZBars. The California-based energy food company currently employs 214 people, and it plans to hire 67 more ... |
| Aug 25, 2016 | Who’s raising the bar? Top 10 snack bar brand performance in first half of 2016 | America’s snack bar market has enjoyed a strong start to 2016 – with all sub-sectors in year-on-year growth.
While nutrition/health bars drove virtually all growth in the category in 2015, IRI data for the first six months of this year sh... |
| Aug 23, 2016 | Top 10 US salty snack brands: Who have been the star performers so far in 2016? | Health and wellbeing continue to be industry buzzwords – but the trends haven’t stopped US consumers splashing out almost $500m more on salty snacks in the first half of 2016 than they did a year ago.
Overall dollar sales of the salty snack... |
| Aug 22, 2016 | Top 10 US cereal brands: Winners and losers in first half of 2016 | Total sales for the General Mills cereals portfolio fell 0.6% by value and rose 0.2% in unit terms compared with the same period a year ago, according to IRI data for the calendar year to July 10.
It may not sound too impressive on the face... |
| Aug 16, 2016 | Hostess extends into frozen food market with Deep Fried Twinkies | The new deep-fried snack was inspired by consumer demand, according to Hostess, which said it has experienced 17% year-on-year growth since returning to the market three years ago.
“We realized our consumers have deep-fried their Twinkies f... |
| Aug 16, 2016 | How are America's biggest bakery businesses performing in 2016? | America's bread market has been as challenging in the first half of this year as it was in 2015, with unit sales of fresh bread down 1.4% compared with the same period 12 months ago [IRI year-to-date July 10, 2016].
Flowers Foods - owner o... |
| Aug 15, 2016 | Kellogg giving away Special K packs to mark US Olympics gold medal success | Simone Biles, who has taken gold medals in this year’s individual all-around, vault and floor competitions, and the gold medal-winning US women's gymnastics team she is part of, will feature on the double-sided packs of Special K red Berrie... |
| Aug 9, 2016 | Snyder’s-Lance: Pop Secret can grow the microwave popcorn category | Pop Secret continued to struggle as the brand was impacted by competitor activity and category headwinds, said Snyder’s-Lance as it announced its second-quarter financial results this week.
Earlier this year, analysts Technavio said mic... |
| Aug 8, 2016 | Kind publishes added sugar content of entire product range | The move by the snack bar manufacturer follows the announcement in May of a new-style of Nutrition Facts Label that must appear all food products by July 28, 2018. Among the changes being made to labels is the introduction of an ‘added su... |
| Aug 4, 2016 | Kellogg planning ‘aggressive’ changes to revive Special K snacks range | Announcing its financial results for the second quarter, Kellogg revealed net sales from its US snacks segment had fallen 4% year on year to $803m while sales in its Morning Goods segment, which includes breakfast cereals, had dropped 2% ye... |
| Jul 26, 2016 | Bimbo takes Eureka national as US organic bread category soars 18% | The brand’s six organic loaves are available now at major retailers across the country, four years after Eureka was launched in California, and as interest in organic food gathers pace with US manufacturers and consumers.
This year has alre... |
| Jul 24, 2016 | Restacking BRICs: Chocolate makers to rethink future growth markets, says Euromonitor | Value sales for chocolate confectionery in China fell 3% last year and are projected to drop 1% this year, according to Euromonitor.
But other Asian markets such as India and Japan and some countries in the Middle East can help chocolate ma... |
| Jul 5, 2016 | Twinkies go public: Hostess sets out growth vision under new owner Gores Holdings | The businesses yesterday (July 5) announced the deal, which is set to be completed in the third quarter of this year and make Hostess a publicly listed company valued at around $2.3bn.
The acquisition comes three years after Hostess was bou... |
| Jun 29, 2016 | General Mills to expand free-from range as cereal sales return to growth | The company said its improved cereals performance had been driven by renovation activity including the introduction of five gluten-free Cheerios varieties last year and removal of artificial flavors and colors from artificial sources from s... |
| May 5, 2016 | Kellogg US snacks sales hit by direct store delivery shake-up | Reporting its performance for the three months to April 2, the company said currency-neutral net sales from its US Snacks segment were down 2.6% year on year from $854m to $832m.
A key reason for this, the company said, was reorganizing the... |
| Apr 12, 2016 | No deal: McCormick walks away from Premier Foods takeover | The US flavors giant today (April 13) announced that, following a due diligence review, it would not be making a formal offer for the manufacturer, which also owns major UK brands including Bisto and Sharwood’s.
McComick stated it: “would n... |
| Feb 12, 2016 | Kellogg predicts its US cereals will grow 'a couple of percent' in 2016 | Announcing a 1.5% year-on-year increase in fourth-quarter sales of the company’s US Morning Goods division – which includes its breakfast cereals – Kellogg chairman and CEO John Bryant said he would expect cereals to grow “a couple of perce... |
| Jan 27, 2016 | PepsiCo rolling out gluten-free Quaker oatmeal range across US retail | Claimed to deliver the same taste as traditional Quaker Oats, the new line-up comprises three products: an 18 oz canister of Quaker Quick 1-Minute Standard Oats (srp $3.99) and single-serve pouches of Quaker Instant Oatmeal in Original ($4.... |
| Jan 13, 2016 | 'Organic is now mainstream': Daymon exec talks Gatorade’s organic launch | “Organic is mainstream now,” Carl Jorgensen, director of global consumer strategy of wellness at Daymon Worldwide, a company focused on brand building, sourcing, and retail driven services told BeverageDaily. “At the very least, three-fou... |
| Jan 12, 2016 | Why Italy Wants to Ban This Jet-Black Bread | Everybody knows that the ingredients that go into a loaf of bread aren't exactly the healthiest.
Refined sugar and preservatives are basically accepted as necessary evils at this point, given the huge demand for spongy, soft, ever-fresh bre... |
| Jan 4, 2016 | Ka-pow! General Mills and Warner Bros bring Batman v Superman to cereal aisle | This business has started rolling out two new cereals – one Superman and one Batman – to tie in with upcoming movie Batman v Superman: Dawn of Justice, which is released on March 25. They officially launch at the Wizard World Comic Con in N... |
| Oct 5, 2015 | General Mills announces recall of 1.8m boxes of Cheerios | On Twitter, the company asked customers to check the “better if used by” dates on their Cheerios boxes. General Mills listed codes and dates of the affected boxes on the social media website, as well as on Cheerios.com.‘Embarrassed and tr... |
| Aug 6, 2015 | Kellogg and General Mills artificial-free pledge won’t reverse cereal decline, says expert | This week, Kellogg announced it would remove all artificial ingredients in its branded cereals, some snack products and Eggo frozen products by 2018. The announcement came less than two months after rival cereal major General Mills made a ... |
| Jun 4, 2015 | Hostess Brands sale could see global bakery titan emerge | Pinar Hosafci, food analyst at Euromonitor International, said if rumors of an estimated $2bn Hostess sell-out to Grupo Bimbo, Flowers Foods, Post or Aryzta came true, there could be a competitive shift in the marketplace.
“If the new owne... |
| Mar 18, 2015 | Savory bars ‘reinventing’ sports nutrition | Dollar sales of America’s nutrition bar segment grew 8% last year to hit $2bn, according to the US research firm, that also explained the category was being redefined by changing consumer demands.
“The future of energy and recovery foods de... |
| Mar 17, 2015 | General Mills faces class action over toxic solvent contamination | A district judge ruled the case could proceed as a class action against General Mills following claims from a group of residents that vapors of the carcinogen trichloroethylene (TCE) were present in homes and threatening inhabitants and bus... |
| Mar 3, 2015 | General Mills launches new Nature Valley, Chex Mix Popped, Bugles Ranch lines at AWMA 2015 | The company revealed the additions to its packaged bakery, salty, snack and nutrition bar ranges at last week’s conference for wholesale distributors to C-stores.
Pillsbury Minis
General Mills Convenience showed its new Pillsbury Mini bake... |
| Jan 23, 2015 | Cheetos Sweetos: A ‘sweet’ way to latch on to younger snackers? | The limited edition sugar-puffed snack will launch across the US mid-February. Frito-Lay filed the trademark for the brand name in April, 2014.
Matthew Hudak, packaged foods analyst at Euromonitor International, said Frito-Lay had been dipp... |
| Jan 12, 2015 | Grupo Bimbo faces strong headwinds with Saputo Bakery | Bimbo snapped up Saputo Bakery for C$120m ($101m) late last year via its recently acquired Canada Bread business. The Mexican bread titan said the buy would further strengthen its position in Canada.
Svetlana Uduslivaia, senior research an... |
| Jan 5, 2015 | BelVita hopes to take a bite out of breakfast market share with new mini-biscuits | Euromonitor predicts sales of cereal, which have been declining slowly in the U.S. for years, will reach only $9.7 billion in 2014 compared to $10 billion in 2013 and $13.9 billion in 2000. The decline is due in part to more consumer skippi... |
| Dec 17, 2014 | Cocoa processing still a ‘three horse race’ after Olam’s ADM Cocoa buy: Analyst | Yesterday, Olam International became the world’s third largest cocoa processor after it agreed a $1.3bn deal to acquire ADM’s cocoa business.
The deal took its total capacity from 100,000 metric tons (MT) to 700,000 MT. The acquisition come... |
| Nov 20, 2014 | Kellogg NPD flurry: Gluten-free, protein and sprouted grains | The cereal major has developed a range of cereals under its Special K, Kashi, Bear Naked, Froot Loops and Kellogg’s brands that will launch in Q4.
Kellogg said the new product development efforts aimed to cater to consumer needs, including ... |
| Oct 21, 2014 | Kashi: Not enough people know about Kamut Khorasan wheat | Kashi has included the trademarked ancient grain in its limited edition cocoa coconut granola, sold exclusively in Target stores across the US. Kamut International owns the trademark for the high energy wheat which is rich in protein and mi... |
| Sep 18, 2014 | Smaller brands can flourish under big corporate umbrellas, says General Mills CEO: ‘We've been very good, I think, about leaving them alone’ | Speaking to analysts after posting a 25% drop in net income to $345.2m on sales down 2.4% to $4.27bn in the three months to August 24, Powell said bosses had learned a lot from acquiring brands such as Cascadian Farm, LARABAR and Food Shoul... |
| Sep 16, 2014 | Can General Mills overcome the Annie’s acquisition backlash? | The cereal and snack giant acquired Annie’s for $820m earlier this month – a deal set to close by the end of 2014.
General Mills said the acquisition would drive it further into the natural and organic sector, adding another brand to its c... |
| Jul 14, 2014 | NUWI ‘drinkable snacks’ pioneer on building a new category: Be patient, be persistent, and be flexible | FoodNavigator-USA (FNU) caught up with Gabriel Poblet Maristany, the entrepreneur behind NUWI ancient-grain-powered drinkable snacks, to find out why he thinks he can beat the odds.
THE PRODUCT: NUWI drinkable snacks have a thick texture ... |
| Jun 5, 2014 | Meat bars: The next beef jerky? | The US meat snacks market was valued at $1bn in 2013, set to surge by 18.86% to $1.2bn by 2018, according to Datamonitor Consumer data.
However, the face of meat snacking may soon change, according to the research firm's latest Innovation T... |
| Jun 2, 2014 | Snyder’s-Lance: ‘Snack solutions’ will be gigantic as grazing grabs America | US consumers are snacking more frequently, with more than 50% of eating occasions now snacks, according to the Hartman Group. IRI data also indicated that America has become a ‘serial’ snacking nation, with one in five grazing on snacks th... |
| May 27, 2014 | General Mills and Kellogg refute Oxfam climate change attack | Global NGO Oxfam released its Standing on the Sidelines report last week that called out the ‘Big 10’ food companies on “significant” greenhouse gas (GHG) emissions. Oxfam said Associated British Foods (ABF), Coca-Cola, Danone, General M... |
| Apr 17, 2014 | US cereal U-turn: 10% upswing over next four years, says Packaged Facts | The US $12bn breakfast cereal market had been in a state of steady decline for a number of years but this was set to change in 2014, according to research firm Packaged Facts’ latest report – Cold and Hot Breakfast Cereals in the US.
The U... |
| Apr 14, 2014 | Graze has tripled business in US since January | UK-headquartered Graze.com entered the US market in early January with 55,000 subscribers – a figure it has since tripled. With a $5m starter investment to build a production kitchen, develop a logistics system and assess the market potent... |
| Mar 25, 2014 | General Mills ramps up palm oil pledge to consider deforestation | The cereal and snack titan said that while it was a, “relatively minor user of palm oil”, it remained committed to sourcing 100% of its palm oil responsibly and sustainably by 2015 - a pledge it first made in 2010.
General Mills said it wo... |
| Mar 20, 2014 | Goldman Sachs & Vestar Capital buy Hearthside Food Solutions | Both parties have signed a definitive agreement to acquire the US bakery and snack maker in a deal rumored to be worth more than $1bn. Hearthside sold off its cereal and granola brands to Post Holdings in May 2013 for $158m.
In addition t... |
| Mar 19, 2014 | BCTGM launches social media campaign against Kellogg | The Bakery, Confectionery, Tobacco Workers and Grain Millers (BCTGM) union has developed a site called Kellogg Greed that documents stories from locked out employees in video and written form. The site takes aim at Kellogg's Project K - a f... |
| Mar 13, 2014 | US FDA upholds approval of Lallemand vitamin D2 baker’s yeast | The US FDA has maintained its ruling that Lallemand’s UV-treated vitamin D2-enriched baker’s yeast can be used as a dual purpose ingredient – a nutritional supplement and leavening agent at levels that do not exceed 400 IU of vitamin D2 per... |
| Feb 20, 2014 | Euromonitor: Grupo Bimbo could face disappointment with Canada Bread | Last week, the Mexican bread giant forked out C$1.83bn to acquire Maple Leaf Foods' business Canada Bread - a move it said would take it into an 'attractive' market.
However, Svetlana Uduslivaia, senior research analyst at Euromonitor Inte... |
| Feb 17, 2014 | Kellogg revamps palm oil policy after months of protests | The cereal giant made its global pledge to source fully traceable palm oil last Friday (February 14), explaining it would work closely with its suppliers to ensure palm oil is not associated with deforestation, climate change or the violati... |
| Feb 13, 2014 | Kind Snacks sues Clif Bar over alleged copycatting | Kind said it hoped the lawsuit, filed in a New York federal court last week, would prevent Clif Bar launching its newly-designed Mojo snack bars which Kind claimed are copycat products.
Kind has claimed that Clif’s new Mojo packaging copies... |
| Feb 12, 2014 | Grupo Bimbo to buy Canada Bread for C$1.83bn | Maple Leaf has agreed to vote in favor of the transaction to sell Canada Bread whose brands include Dempster’s, Pom, Bon Matin and McGavins. The deal is set to close during the second quarter of 2014.
The sale will see Grupo Bimbo acquire 2... |
| Jan 30, 2014 | Cricket bar start-up lands production deal | Set up last year, the cricket protein bar specialist was dreamt up by two young entrepreneurs – Gabi Lewis and Gred Sewitz. The vision? To normalize the consumption of insects and introduce a new sustainable food source to protein bars.
Fi... |
| Jan 21, 2014 | Graze.com versus Nibblr: Let’s bet peanuts… | Particularly in a time where snacking has become a way of life it has become harder than ever to differentiate and grab consumer attention as the globe’s $123.3bn snacks sector morphs.
One in five Americans now graze on snacks throughout ... |
| Jan 15, 2014 | Japan’s $10.6bn snack market is an R&D playground: Euromonitor | While Japan’s snack market is extremely developed, it is not in growth, according to data from Euromonitor International. The overall value sweet and savory snacks sector declined by 1% in 2013 to ¥1,106 billion ($10.6bn).
However, local sn... |
| Jan 14, 2014 | Graze.com ready to gobble up US market prospects | The UK-headquartered healthy snacks specialist kick-started operations in the US a couple of weeks ago after extensive beta trials in January 2013.
Graze.com has built a production kitchen and offices in New Jersey and has also developed a ... |
| Jan 10, 2014 | GMO-free Cheerios: Did General Mills buckle to consumer pressure? Will the move backfire? | FoodNavigator-USA editor Elaine Watson and BakeryandSnacks’ Kacey Culliney chew over some of their thoughts and what they’ve heard elsewhere.
General Mills announced its move to make GMO-free Cheerios at the very beginning of this year. Th... |
| Dec 19, 2013 | General Mills: ‘We are not waiting on industry trends to improve’ | The food major pulled in net sales of $4.88bn for Q2, 2014 – down 0.1% on last year. Net earnings rose slightly (1.5%) to $549.9m – up $8.3m on the previous year.
Company CEO and chairman of the board Ken Powell described the quarter as fla... |
| Dec 18, 2013 | FDA extends comment period on trans fat crackdown | The FDA has extended the comment period by 60 days to March 8, 2014 from its initial deadline of January 7.
“This extension is being provided in response to numerous stakeholder requests to provide additional time for comments,” the FDA sa... |
| Dec 12, 2013 | Choice is important when snacking is a way of life, says SFA CEO | Chief executive officer Tom Dempsey said that while there has been a flurry of better-for-you snacks launched in 2013 across the US, the traditional potato chips, tortilla chips and pretzels still remain top-sellers.
“Rice snacks are making... |
