Dive Brief: Del Monte Foods has filed for bankruptcy and is actively seeking a buyer for its longstanding 139-year-old business, citing challenges in a rapidly changing economic landscape. CEO Greg Longstreet acknowledged the difficulties faced by the iconic canned fruit…
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food
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When you stroll through the aisles of your local grocery store, be prepared to be amazed by the array of functional drinks, bars, and snacks that are bursting with innovation. From promoting gut health to enhancing skin health and cognitive…
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Introducing Kanzen Meal: Nissin’s Venture into Nutrient-Dense Frozen Foods Nissin Foods, renowned for its instant ramen cups, is breaking into the frozen food market with a new offering catered to GLP-1 users and health-conscious consumers seeking nutrient-rich meals. Kanzen Meal…
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Key Points: J.M. Smucker has announced plans to remove artificial colors from its consumer food products by the end of 2027, following the trend set by other major food companies. The transition to natural colors will affect products such as…
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Key Points: Texas Gov. Greg Abbott has signed a law that requires warning labels on snacks and packaged food products containing ingredients not recommended for human consumption in other countries. The law covers over 40 ingredients, including food dyes and…
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Senator Maggie Hassan has reached out to major retailers such as Albertsons, Kroger, Walmart, Costco, and Dollar General to gather information on how the recent increased tariffs on imported steel and aluminum by the Trump administration could impact stores, suppliers,…
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Key Takeaways: The implementation of a 50% tariff on imported steel by the Trump administration has the potential to raise canned food prices by 9% to 15%, as per the Consumer Brands Association. The trade organization has warned that as…
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Key Points: Food tech startup funding slowed significantly in Q1 as investors shift focus to AI. $1.4 billion invested in food tech sector across 202 deals in Q1, a 50% drop in capital. Investor interest in food tech declining, with…
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Food News
Uncle Crumbles rises: How automation and rebranding are reshaping a legacy food manufacturer
Upon assuming the role of CEO at Bakery on Main, James Shutts recognized the company’s potential for growth and efficiency improvements. The Connecticut-based granola company, rebranded as Uncle Crumbles, underwent a transformation under Shutts’ leadership. By focusing on core products,…
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President Donald Trump has decided to increase steel and aluminum tariffs to 50%, a move that has packaging manufacturers concerned about the impact on the food industry. Despite a recent court ruling blocking many tariffs, Trump’s decision aims to protect…