Danone Sells Stake in Lifeway Foods After Failed Acquisition Attempts Danone is divesting its 22.7% stake in Lifeway Foods after deciding not to pursue an acquisition of the kefir maker. The dairy giant made the decision to sell off its…
Food News
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Dive Brief: Bazooka Brands introduces Go Wandr, a new candy brand inspired by flavors from around the world to cater to the increasing demand for international tastes and textures. Go Wandr’s first product, Mini Mochi Gummy, will debut on TikTok…
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Key Points: In April, food-at-home prices increased by 2.9% annually, the fastest rate in almost three years, according to the U.S. Bureau of Labor Statistics. Grocery inflation rose by 0.7% compared to March, where it had slightly decreased. Tomato prices…
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Dive Brief: The FDA has appointed Donald Prater as the acting deputy commissioner of the department’s Human Foods Program, which oversees 80% of the U.S. food supply. Prater, a seasoned FDA policy expert with over 26 years of experience, previously…
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Exciting News: Sazerac Invests in Sipmargs, a Margarita Brand by Alix Earle Fireball owner, Sazerac, has acquired an equity stake in Sipmargs, a popular canned margarita brand founded by TikTok sensation Alix Earle. This partnership marks Sazerac’s entry into a…
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Tate & Lyle Considers Takeover Bid from Ingredion Dive Brief: Ingredients supplier Tate & Lyle is contemplating a takeover bid of 2.7 billion pounds, or $3.7 billion, from larger rival Ingredion, as confirmed by the Britain-based company on Thursday. The…
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Food News
Leftovers: Welch’s debuts biggest ‘function-forward innovation’ | Mother’s sprinkles Nerds on frosted cookies
Leftovers is our take on some of the latest product ideas making waves. From intriguing to amazing to downright unexpected, here are a few gems that caught our eye. Welch’s Fruit Snacks Introduce Innovative Probiotic Yogurt Bites Welch’s is venturing…
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Can manufacturers are facing capacity constraints amidst positive signs in the food, alcoholic, and non-alcoholic beverage markets. While the beer market has been sluggish in recent years, Anheuser-Busch, the world’s largest brewer, reported its first sales volume increase in three…
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PepsiCo is revamping its Muscle Milk brand to offer more protein with nearly half the ingredients in order to stand out in a crowded market. The new Muscle Milk formula contains no artificial sweeteners, flavors, or colors, setting it apart…
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Cargill Partners with Voyage Foods to Introduce Cocoa-Free Chocolate Alternative Cargill has teamed up with Voyage Foods to bring a cocoa-free chocolate alternative, called NextCoa, to the U.S. market. This innovative product utilizes plant-based ingredients like grapeseeds to replicate the…