Last year’s historic deep freeze has resulted in a significant decrease in U.S. pear production, with Northwest growers anticipating the smallest crop in four decades. Growers experienced a harvest that was only two-thirds the size of the previous year, a…
Food News
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Exciting News: Constellation Brands’ venture capital arm has recently acquired a minority stake in Hiyo, a nonalcoholic “social tonic” that includes a mix of functional ingredients such as adaptogens, nootropics, and botanicals. John Utter, Constellation’s senior vice president of new…
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Food News
Leftovers: Cheetos picks pickles for Flamin’ Hot flavor | Brands spice up yogurt, almonds with hot honey
Cheetos introduces Flamin’ Hot Dill Pickle flavor Cheetos has unveiled its latest flavor, Flamin’ Hot Dill Pickle, combining the tangy taste of dill pickles with the spicy kick of Flamin’ Hot. This new flavor was highly requested by consumers and…
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Key Points: General Mills implemented AI projects to save costs and optimize its supply chain, resulting in over $20 million in savings since 2024. The company’s digital investments have doubled since 2019 as part of its Accelerate strategy. Other companies…
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New Developments: Celsius Holdings has announced the acquisition of Alani Nu, a rival in the energy drink market, for a total of $1.8 billion in cash and stock. This marks the largest deal for Celsius since its inception in 2004.…
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Oobli, a startup offering sugar alternatives, has announced a partnership with Ingredion, a major player in the ingredients industry. This collaboration aims to ramp up production of Oobli’s sweet proteins, following the company’s regulatory approval last year. The biotech firm…
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Major beer companies are shifting their focus towards premium craft beers and non-alcoholic options to adapt to changing consumer preferences and rising inflation rates. In their recent earnings calls, Molson Coors and Heineken both revealed their plans to emphasize premium…
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General Mills Expects Slowdown in Growth Strategy Benefits General Mills Inc. anticipates a deceleration in realizing the advantages of its Accelerate growth strategy, as stated by top executives at the Consumer Analyst Group of New York (CAGNY) annual conference in…
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Dive Brief: Coca-Cola is venturing into the prebiotic soda market with the introduction of Simply Pop. The beverage will be available in retail stores in certain regions and online nationwide through Amazon Fresh later this month. Simply Pop will come…
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According to the National Restaurant Association (NRA), foodservice operations are expected to generate $1.5 trillion in sales in 2025. This record-breaking sales forecast is based on the NRA’s State of the Restaurant Industry report, which analyzes restaurant operator and consumer…