Key Takeaways: Kerry Group acquired DirectSens’ LactoSens technology, a lactose detection test for dairy products, to enhance their solutions for lactose-free dairy products. The LactoSens technology allows food and beverage manufacturers to verify low and lactose-free claims efficiently, meeting regulatory…
Food News
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Despite the decline in popularity of direct-to-consumer (DTC) marketing, especially during the peak of the pandemic, it still holds value for CPG marketers when incorporated into an omnichannel strategy. Mondelēz, known for its flagship cookie Oreo, recognizes the importance of…
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Molson Coors has made the decision to close its brewery in Chippewa, Wisconsin, which is responsible for producing Leinenkugel’s Summer Shandy beer. This closure will unfortunately lead to the loss of approximately 56 jobs. The company, known for its Coors…
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Hershey Expands Sweets Portfolio with Acquisition of Sour Strips Hershey recently acquired Sour Strips, a popular sour candy brand founded by Maxx Chewning in 2019. This strategic move aims to broaden Hershey’s sweets portfolio and tap into the growing demand…
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Food News
Leftovers: J&J Snack Foods bites into Bavarian pretzels | YouTube’s ‘Hot Ones’ spices up ramen
J&J Snack Foods Introduces New Artisanal Soft Pretzel J&J Snack Foods, known for its popular Icee and Dippin’ Dots products, is now venturing into the retail market with its new Bavarian-style Brauhaus Pretzel. Hand-crafted with premium ingredients and free from…
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Expanding its reach beyond beer, Molson Coors has taken a majority ownership stake in Zoa, the energy brand founded by Dwayne “The Rock” Johnson. The financial details of the transaction were not disclosed. This acquisition grants Molson Coors influence over…
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Ingredients in Focus: Taurine and Heart Health Ingredients in Focus is Food Dive’s bite-size column highlighting interesting developments in the ingredients sector. Taurine is a common ingredient found in energy drinks and scientists are now finding it may have a…
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Exciting News: Great news for Better Meat on Tuesday as they have received a patent for their innovative process of producing mycoprotein, an alternative protein made through fermenting a fungus known as Neurospora crassa. This breakthrough will enable the company…
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Editor’s note: This article is based on insights shared during an engaging live virtual event hosted by CIO Dive and CFO Dive on October 30. You can watch the recorded sessions here. Enterprises have been intrigued by the potential of…
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Waterloo Sparkling Water Sees Opportunity in the Growing Nonalcoholic Cocktail Trend As the trend of nonalcoholic cocktails continues to gain momentum, Waterloo Sparkling Water is seizing the opportunity to expand its reach in the $8.2 billion ready-to-drink mocktail market. Kathy…