Exciting news in the beverage industry as Generous Brands announces the acquisition of popular kombucha brand Health-Ade for a whopping $500 million. Health-Ade has quickly become a favorite among consumers, with its fermented fizzy tea offering probiotics and immune-boosting antioxidants…
Food News
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Sustainable Packaging Targets: A Shift Towards Legislative Alignment Key Points: Consulting firm Gartner predicts that approximately 75% of organizations that set voluntary sustainable packaging targets will phase out those goals by 2028. Companies are now focusing on aligning their strategies…
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Chicken Processor Pilgrim’s to Invest $400 Million in New Plant in Georgia Pilgrim’s, a leading chicken processor, has announced plans to build a state-of-the-art plant in northwest Georgia with an investment of $400 million. This move comes as consumer demand…
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Private Label Sales Surge Ahead of National Brands Dive Brief: Private label sales have outpaced national brands, with a 4.4% increase in all outlets during the six months ending June 15. In comparison, national brands only saw a 1.1% growth,…
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Dive Brief: The FDA is collaborating to establish a consistent definition of ultra-processed foods, a significant focus of Health and Human Services Secretary Robert F. Kennedy Jr.’s initiative to “Make America Healthy Again.” In partnership with HHS and the USDA,…
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Food News
Leftovers: Fla-Vor-Ice brightens freeze pops with Crayola | Mission launches chickpea tortillas
Discover some of the latest product innovations making waves in the market. From colorful freeze pops to gluten-free tortillas and clean-label chicken nuggets, these unique offerings are sure to pique your interest. Colorful Freeze Pops Collaboration Fla-Vor-Ice and Crayola have…
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PepsiCo is making changes to its Detroit facility in response to declining consumer demand, resulting in the closure of certain operations. The company will be discontinuing production, maintenance, and transport operations at the beverage facility on Sept. 27, while other…
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Weight Loss Drugs Transforming the Food Industry Recent data shows that Americans are increasingly turning to weight loss drugs, such as GLP-1s like Ozempic and Wegovy, to shed excess pounds. According to a FAIR Health report, around 6 million adults…
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Key Points: Hershey plans to increase candy prices by double digits due to unprecedented cocoa costs affecting top brands. The price hikes are unrelated to tariffs or trade policies. Although cocoa prices have decreased from record highs, they remain elevated…
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Key Points: Consumer sentiment in July reached its highest level in five months, with pessimism for the short-term business outlook easing and expectations for inflation in a year falling to 4.4% from 5%, according to the University of Michigan. Household…