In 2024, Nestle SA faced challenges in North America due to underperformance in frozen food and coffee creamer capacity constraints. The company’s Zone North America sales for the year were 25.3 billion Swiss francs ($28 billion), down 2.5% compared to…
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Despite challenges in volume growth, Kraft Heinz Co. reported a decline in volume/mix of 3.5% for fiscal year 2024, with North America experiencing a 4.2% decrease. The company’s organic net sales also fell by 2.1% to $25.9 billion for the…
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Dive Brief: Dive Insight: Known for its premium and unique soda flavors like Blue Bubblegum and Pineapple Cream, Jones Soda has ventured into new markets such as cannabis-infused beverages, prebiotics, and hard soda. Despite facing challenges like leadership changes, regulatory…
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According to data from Wine & Spirits Wholesalers of America (WSWA), wine sales decreased by 8% in the year ending August 2024, indicating challenges ahead for the category amidst changing consumer trends. Industry expert Dale Stratton attributes the decline in…
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Key Highlights: Ingredion, a leading ingredients provider based in Illinois, reported a second-quarter net income of $148 million, showing a 9% decrease from the previous year’s $163 million. The company remains focused on its Texture & Healthful Solutions segment and…