Summary: AB InBev’s CEO, Michel Doukeris, credited the success of “mega brands” Michelob Ultra and Busch Light for driving sales growth in the U.S. amidst a decline in the overall beer category. Despite the positive performance of these brands in…
Category:
Food News
-
-
New Update: ADM, a major player in commodities, has announced a partnership with Japanese company Asahi Group to market and distribute a postbiotic ingredient focusing on sleep, stress, and mood. The product, Lactobacillus gasseri, backed by eight clinical trials, will…
-
Key Takeaways: The FDA has decided to postpone the enforcement of a rule that would have made it more difficult for food companies to label their products as “healthy.” The original effective date of February 25 has been moved to…
-
Frito-Lay Plant Closure in Liberty, New York to Result in Layoffs Frito-Lay, a subsidiary of PepsiCo, is set to close its facility in Liberty, New York this spring, leading to the layoff of all 287 workers. The closure is part…
-
Introducing Spindrift Soda: A Clean-Label Alternative to Traditional Sodas Spindrift, well-known for its seltzer made with fresh squeezed fruit juice, is now venturing into the better-for-you soda market with the launch of Spindrift Soda. Unlike traditional sodas, Spindrift Soda does…
-
Key Updates: Unilever has made the surprising decision to remove CEO Hein Schumacher in a bid to expedite its turnaround efforts. This comes after Schumacher served less than two years in the role. Fernando Fernandez, Unilever’s CFO, will take over…
-
Alcoholic Beverage Companies Embrace the Rise of Ready-to-Drink Canned Beverages Alcoholic beverage companies are tapping into the trend of consumers moving away from traditional offerings like wine and beer, with ready-to-drink canned beverages emerging as a major beneficiary of this…
-
The manufacturers of popular snack foods like Oreos and Slim Jims are bracing for potential new tariffs under the Trump administration, even though most food and beverage companies believe their business will not be significantly impacted. There is uncertainty surrounding…
-
A Majority of Shoppers Prefer Natural and Organic Products, But Many are Confused About What They Mean A majority of shoppers believe it is important for their groceries and household goods to be natural or organic, but a substantial share…
-
Food manufacturers are constantly faced with the challenge of keeping up with evolving consumer trends and advancements in food science. This task becomes even more complex when misinformation spreads, making it difficult to distinguish between myths and facts. Amidst the…