Key Points: The USDA reported that negotiated wholesale prices for graded loose eggs have been decreasing due to the absence of significant outbreaks of bird flu in March. Demand for shell eggs has dropped as grocers are not promoting egg…
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demand
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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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Glass Packaging: The Consumer Choice Consumer demand for glass-packaged products is on the rise in grocery stores, but supply hasn’t kept up. A study by O-I revealed that while consumers prefer glass packaging, 66% of them cited a lack of…
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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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Food News
The Weekly Sip: Spider-Man’s Tom Holland swoops into nonalcoholic beer | Bottled water demand explodes
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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Food News
The Weekly Sip: Molson Coors faces declining beer demand | Nestlé brings Kit Kat into Coffee mate
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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Sales Soar for Refrigerated Bar Clio With sales for refrigerated bar Clio posting a compound annual growth rate of 50% annually, CEO John McGuckin could be excused for sounding upbeat. But the former Sabra hummus executive is not ready to…