Exciting News for Olipop: Valued at $1.85 Billion Olipop, a popular prebiotic soda brand, recently received a significant boost in valuation after securing $50 million in funding. This round was led by JP Morgan Private Capital’s Growth Equity Partners, bringing…
Category:
Food News
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Welcome to the latest insights from Mattson on the key trend shaping the food and beverage industry in 2025. According to Mattson’s Macro Movements trends report, alterations to traditional dayparts are set to have a significant impact on the sector.…
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Key Highlights: Post Holdings saw a 2.3% decline in cereal volumes in its recent quarter, reflecting the ongoing challenges in the category.Source. The rise of niche brands offering healthier options has impacted major cereal players like Post, as noted by…
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Located in Hoboken, NJ, the Hain Celestial Group is focusing on attracting consumers who are utilizing GLP-1 medications for weight loss or diabetes as part of its strategy to recover financially. By leveraging its position as a better-for-you food manufacturer,…
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Dive Brief: Since taking over Hain two years ago, Davidson has focused on stabilizing the struggling parts of the company’s portfolio to prepare them for growth or a potential sale. Dive Insight: It’s not surprising to see Hain exploring options…
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A recent survey conducted by 84.51°, a subsidiary of The Kroger Co. based in Cincinnati, found that 83% of respondents were aware of the US Food and Drug Administration’s ban on Red No. 3 synthetic dye in foods and beverages.…
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Summary: Ingredion is investing over $100 million to enhance the efficiency and production capabilities of its Indianapolis facility. The investment will enable the company to increase the production of texture-based ingredients and introduce new offerings to its product portfolio. Ingredion…
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Wixon Welcomes Thomas Merz as Food Scientist for Protein Division ST. FRANCIS, WIS. — Wixon, Inc. is pleased to announce the appointment of Thomas Merz as a food scientist for its protein division. Merz will play a key role in…
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Ball Expands Manufacturing Operations in Southeast and Northwest During an earnings call on Tuesday, Ball Corporation announced plans to expand its manufacturing presence in the Southeast and Northwest regions through a combination of acquisition and new buildout. One of the…
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KANSAS CITY — The foodservice industry has seen a surge in chicken innovations as of late. Jollibee, a popular fried chicken maker, is introducing a new item to its menu – chicken tenders made with all-white meat chicken tenderloins and…