Dive Brief: Mondelēz International’s SnackFutures Ventures, a venture capital arm of the company, was one of the investors in a $4.5 million financing round for Celleste Bio, a producer of cell-cultured cocoa ingredients. The investment was led by Supply Change…
Category:
Food News
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The Weekly Sip is Food Dive’s column focused on the latest news in the rapidly changing and growing beverage sector. From inaugural product lines to big investments and controversial topics, this column aims to quench the thirst for developments in…
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The concept of deriving wellness and beauty benefits from consuming specific foods is not a novel idea. It is often said that we are what we eat. However, the focus on clean eating and clean beauty has now taken center…
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Pam Introduces New Air Fryer Spray for Crispy Results Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream…
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Summary: The Coca-Cola Co. unveiled new environmental goals for packaging sustainability to achieve by 2035, focusing on design and post-use collection. These goals replace previous targets set for 2025 and 2030 related to recyclability, recycled content, and reusable packaging. One…
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Key Highlights: Martin Thompson appointed as CEO of Nestlé USA starting in January, reporting to Steve Presley overseeing Latin America and North America for Nestlé. Thompson joined Nestlé through the acquisition of Starbucks consumer packaged goods business in 2018, later…
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The Rise of Macadamia Nuts in the Market The era of Macadamia nuts has officially dawned. These small, round nuts boast a creamy texture and a delightful buttery flavor. Packed with essential vitamins, minerals, fiber, and healthy monounsaturated fats, Macadamia…
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Stoli Group USA and Kentucky Owl, the producers of Stoli vodka, recently filed for Chapter 11 bankruptcy protection in a Dallas federal court due to financial challenges exacerbated by a cyberattack earlier this year. In their legal filings, the companies…
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Key Points: Cargill, a major agribusiness company, is cutting 5% of its workforce globally in response to a decline in profits. Approximately 8,000 employees will be affected by the layoffs as Cargill aims to adapt to changing agricultural trends and…
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Campbell’s Announces New CEO The Campbell’s Company has announced that Mick Beekhuizen will be taking over as president and CEO on Feb. 1, 2025, succeeding Mark Clouse. Beekhuizen, who joined Campbell’s in 2019 as CFO and has been leading the…