Dive Brief: Hershey has announced plans to eliminate artificial dyes from its snacks by the end of 2027, following a trend among food manufacturers making similar commitments recently. The company behind Jolly Rancher and Dot’s pretzels stated that this decision…
Food News
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With the skyrocketing prices of cocoa, chocolate substitutes are becoming a more cost-effective and sustainable option for the confectionery industry. However, the challenge lies in convincing consumers to break their chocolate addiction. Chocolate prices have nearly quadrupled in the last…
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Dive Brief: Del Monte Foods has filed for bankruptcy and is actively seeking a buyer for its longstanding 139-year-old business, citing challenges in a rapidly changing economic landscape. CEO Greg Longstreet acknowledged the difficulties faced by the iconic canned fruit…
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Summary: Jana has been urging Lamb Weston to make operational changes and consider a sale, following its partnership with Continental Grain. They criticized the company’s leadership decisions, especially appointing an insider as CEO. Despite this, a sale seems unlikely now,…
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When Mondelēz International launched SnackFutures in 2018, it marked a significant step in the company’s journey to solidify its position as a leader in the snacking industry. Over the years, SnackFutures has shifted its focus from investing in new brands…
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When you stroll through the aisles of your local grocery store, be prepared to be amazed by the array of functional drinks, bars, and snacks that are bursting with innovation. From promoting gut health to enhancing skin health and cognitive…
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Key Takeaways: J.M. Smucker Co. is planning to increase coffee prices for the fourth time since June 2024 due to tariffs impacting the cost of coffee bean imports. The primary driver of direct material costs related to tariffs for Smucker…
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Introducing Kanzen Meal: Nissin’s Venture into Nutrient-Dense Frozen Foods Nissin Foods, renowned for its instant ramen cups, is breaking into the frozen food market with a new offering catered to GLP-1 users and health-conscious consumers seeking nutrient-rich meals. Kanzen Meal…
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Embracing New Trends in Snack Innovation While chocolate has always been a cornerstone of Hershey’s business, the renowned snacks maker is embracing a shift towards incorporating trendy ingredients like peanut butter, wafers, and more in its new product launches to…
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Enterprises are refining their approach to identifying the most suitable AI use cases and showcasing the associated business value. At Kraft Heinz, the success of an initiative is assessed through a combination of quantitative and qualitative evaluations, as stated by…