In the competitive world of healthy snacking, Chomps has experienced remarkable growth. According to the company, Chomps saw a 206% increase in sales growth last year, with expectations to surpass that number this year. Offering venison, beef, turkey, and chicken-based…
Food News
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Dive Brief: McDonald’s has filed a lawsuit against four major meat producers – Tyson, JBS, Cargill, and National Beef Packing, accusing them of colluding to raise beef prices through antitrust violations. The lawsuit, filed in a New York federal court,…
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Plant-Based Innovator Launches New Retail Products Dive Brief: Impossible Foods, a leader in plant-based foods, has introduced three new products for retail consumption – Lion King Chicken Nuggets in collaboration with Disney, Meal Makers, and Impossible Corn Dogs. The company…
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Dive Brief: Butterfly, a private equity firm, has announced its acquisition of the Duckhorn Portfolio luxury wine company for $1.95 billion in cash. After the transaction, Duckhorn will remain operational under its current name as a privately held company based…
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French Bloom, a luxury nonalcoholic sparkling wine maker, recently received a significant minority investment from Moët Hennessy. The financial details of the deal were not disclosed. Launched in 2021, French Bloom is now available in more than 30 countries. Crafted…
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Key Points: The farm bill has expired once again, causing disruptions in agricultural spending programs as Congress failed to take action on a yearlong extension. Political disagreements over key aspects of the bill, such as crop insurance, climate-smart agriculture, and…
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Challenges and Opportunities of AI Adoption in the Food and Beverage Industry In today’s competitive market, companies in the food and beverage sector are increasingly turning to AI technologies to drive innovation and efficiency. Major players like Unilever, Heineken, and…
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Food News
The Weekly Sip: Boston Beer summons Sam Adams with séance kit | Shock Top shakes up hard tea
The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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Ingredients in Focus is Food Dive’s bite-size column highlighting interesting developments in the ingredients sector. As the market for processed and packaged foods continues to grow, so does the demand for food colors. According to a recent report from MarketsandMarkets…
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Leftovers: New Product Launches in the Food Industry Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of.…