Many businesses face challenges in determining which AI projects to pursue and often find themselves stuck in pilot phases. A well-defined strategy can guide technology leaders in navigating this complex landscape. PepsiCo is making progress in prioritizing projects as the…
Category:
Food News
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Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…
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Exciting News: Tom Brady and Gopuff Launch Organic Vegan Snack Brand “Goat Gummies” Football legend Tom Brady has teamed up with Gopuff to introduce a new organic, vegan gummy snack called Goat Gummies. These gummies are free from artificial sweeteners,…
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Key Points: Food tech startup funding slowed significantly in Q1 as investors shift focus to AI. $1.4 billion invested in food tech sector across 202 deals in Q1, a 50% drop in capital. Investor interest in food tech declining, with…
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How Nerds Gummy Clusters Became a Sweet Success Story When Ferrero acquired Nestlé’s candy business for almost $3 billion in 2018, it gained popular brands like Butterfinger, Baby Ruth, and 100 Grand. However, it’s Nerds, a brand often overlooked by…
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As we approach 2025, many companies are reevaluating their sustainability goals, with PepsiCo being one of them. Chief Sustainability Officer Jim Andrew discusses the company’s decision to revamp some of its sustainability targets, emphasizing the need to evolve with the…
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Food News
Uncle Crumbles rises: How automation and rebranding are reshaping a legacy food manufacturer
Upon assuming the role of CEO at Bakery on Main, James Shutts recognized the company’s potential for growth and efficiency improvements. The Connecticut-based granola company, rebranded as Uncle Crumbles, underwent a transformation under Shutts’ leadership. By focusing on core products,…
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Nestlé Set to Revolutionize Frozen Pizza Market with DiGiorno Wood Fired Style Crust Pizza Food giant Nestlé is gearing up to make a splash in the frozen pizza market, an area that has seen little innovation in recent years. According…
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Following President Donald Trump’s announcement to increase steel and aluminum tariffs from 25% to 50%, Conagra Brands CFO David Marberger stated that the company will take steps to counteract the impact of the duties. Marberger emphasized the challenges posed by…
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Key Takeaways: Grocers managed to capture nearly 160 million snack sales from competitors in the past 52 weeks, as per NielsenIQ’s snacking report. However, they lost around 56 million snack unit sales to club and mass merchandisers during the same…