Molson Coors Explores New Acquisitions Beyond Beer Molson Coors is considering new acquisitions to diversify its portfolio beyond beer and combat declining alcohol sales. Newly appointed CEO Rahul Goyal revealed in an earnings call that the company is looking to…
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Exploring the Transition to Natural Food Dyes Editor’s note: This story highlights takeaways from an Oct. 15 event hosted by Food Dive and Packaging Dive. Register here to watch the replay on demand. Switching from artificial dyes to natural dyes…
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New Climate-Smart Agriculture Investment by JBS USA in New York JBS USA, the U.S. subsidiary of the world’s largest beef and poultry producer, has committed to investing $1.1 million in climate-smart agriculture initiatives for New York farmers. This decision comes…
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Trina’s Cranberry Salsa is perfect for the Thanksgiving table, and this is a fresh cranberry recipe that’s not too sweet and just slightly spicy. And this recipe has become a Thanksgiving favorite in my family, even with people who don’t…
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The Magnum Ice Cream Company has announced that the chair of Ben & Jerry’s board no longer meets the necessary criteria to serve, following internal investigations. This development marks the latest clash between the two renowned frozen treat brands. In…
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Beverage Packaging Trends in 2025 As beverage packaging manufacturers and their clients navigate through changing consumer preferences, spending power, and policy impacts, it is essential to stay informed about the latest trends in the industry. Two major players in the…
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Hormel Foods has announced a corporate restructuring that includes cutting 250 corporate and sales positions. Read more about this decision. Hormel is closing open roles and reducing certain positions to align resources with strategic priorities. The company is also implementing…
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A New Chapter in the Spirits Industry: John Paul DeJoria Ventures into Gin with Waterloo After the successful sale of Patrón Tequila for $5.1 billion, billionaire John Paul DeJoria is making a comeback in the alcohol industry, this time with…
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Plant-based brand Caulipower has been acquired by private equity firm Paine Schwartz Partners. Caulipower, known for its cauliflower-crust pizzas and other cauliflower-based products, will now be under Paine Schwartz’s Urban Farmer brand, which specializes in specialty dough products. The financial…
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Food News
Navigating the cocoa conundrum: Innovative approaches to maintaining indulgence and affordability
Recently, the food industry has been facing a major challenge in the cocoa sector. Cocoa prices have skyrocketed by 250%, reaching $10,000 per metric ton (Intercontinental Exchange Inc. and Bloomberg). This cocoa crisis is a result of various factors such…