Food News

Key Points: The avocado supply shortage has led to an increase in revenue for major fruit distributors. Mission Produce reported a record $324 million in third quarter revenue, while Limoneira anticipates record avocado revenue for the fiscal year. Despite higher…

This article is a collaboration between growth strategy experts Bryan Radtke and Jeremy Bartlow from PA Consulting.   GLP-1 drugs such as Wegovy, Mounjaro, Ozempic, and others are transforming the treatment of Type 2 diabetes and obesity. These medications offer…

Discover the latest product trends in our Leftovers section. From intriguing to amazing to downright unconventional, we bring you a curated selection of product ideas that have caught our eye. Here are some highlights from our inbox: Cinnamon Toast Crunch…

Cal-Maine Invests in Crepini to Expand into Ready-to-Eat Foods Cal-Maine, the largest U.S. egg producer, has announced a majority stake in wrap and crepe maker Crepini as part of a new joint venture. This move signals the company’s strategic shift…

Life Cereal Revives Iconic Mikey Character in New Campaign Life cereal is bringing back the beloved Mikey character from the 70s in a new marketing campaign that aims to capture the nostalgia of past commercials while introducing a fresh twist.…

Ingredients in Focus is Food Dive’s bite-size column highlighting interesting developments in the ingredients sector. Brazil, the world’s leading sugar exporter, is currently dealing with a significant rise in fires in its sugarcane fields, leading to a spike in prices…

Exciting Acquisition: T. Hasegawa USA Expands Flavor Portfolio with Abelei Flavors On September 3, T. Hasegawa USA made a significant move by acquiring Abelei Flavors, enhancing its flavor offerings in North America. This strategic purchase further solidifies T. Hasegawa’s position…

Campbell Soup is set to undergo a major transformation by dropping “soup” from its name to reflect its diverse product offerings. The company, known for its iconic soups, is expanding into chips, sauces, cookies, and beverages. Shareholders will vote on…

Campbell Soup CEO Mark Clouse mentioned the possibility of splitting the company’s snacks business from its meals and beverages unit in the future, but emphasized that any potential restructuring is not imminent. Speaking at the company’s investor day in New…

After separating into a standalone cereal business almost a year ago, WK Kellogg Co is making strides in expanding its market share within the breakfast category. CEO Gary Pilnick recently informed investors that nine out of WK Kellogg’s eleven major…