Food News

Key Takeaways: Perchlorate, a chemical found in rocket fuel, plastics, and airbags, has been found in various food and grocery items, as reported by Consumer Reports. Consumer Reports discovered measurable levels of perchlorate in 67% of 196 samples from 63…

Latest News: WK Kellogg Co has announced plans to close its Omaha, Nebraska cereal plant and reduce production at its Memphis Tennessee facility in late 2025 as part of a supply chain optimization strategy. The closure of the Omaha plant…

Key Highlights: Tyson Foods, Inc., announced record-breaking earnings for the quarter, with CEO highlighting a turnaround in chicken and pork sectors after facing tough market conditions that led to layoffs and plant closures. Chicken profits reached an eight-year high in…

Dive Brief: Beverage bottler Refresco has filed a lawsuit against Congo Brands, the owner of Prime, for allegedly backing out of an agreement to produce the hydration drink. Refresco is seeking $67.7 million from Congo Brands, according to a filing…

Sales Soar for Refrigerated Bar Clio With sales for refrigerated bar Clio posting a compound annual growth rate of 50% annually, CEO John McGuckin could be excused for sounding upbeat. But the former Sabra hummus executive is not ready to…

Tilray’s Focus on Beverages Leads to Growth Tilray’s interest in beverages is driving growth for the company, with a 26% net revenue increase in the last year. According to Tilray’s earnings report, cannabis revenue saw a 24% increase, and net…

A New Coffee Brand Introduces Innovative Shelf-Stable Format A recently launched coffee startup, Diamond Brew, is aiming to differentiate itself in the competitive coffee market with its unique shelf-stable coffee crystals that dissolve in hot or cold water without any…

Key Trends in the Food Industry The food ingredients industry is facing challenges due to rising food prices and increased demand for better-for-you products. Cargill, a leading consumer goods company, recently released its TrendTracker report, highlighting key findings in the…

Diageo earnings fall as consumers cut back on spirits The maker of Guinness is struggling to manage a cooler purchasing environment as higher-end alcohol falls to the backburner for many consumers. In its financial results released this week, Diageo reported…

Snack company Mondelēz International is introducing new “value” options to its product range as consumer perception of value shifts due to rising prices. During an earnings call, Mondelēz CEO Dirk Van de Put explained that value now encompasses overall affordability…