Dive Brief: IFF is selling its food ingredients business to CVC Capital Partners for $4.3 billion, as part of its strategy to streamline operations and boost profitability. IFF will retain a 10% stake in the unit to facilitate collaboration with…
Ingredients
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Tate & Lyle Considers Takeover Bid from Ingredion Dive Brief: Ingredients supplier Tate & Lyle is contemplating a takeover bid of 2.7 billion pounds, or $3.7 billion, from larger rival Ingredion, as confirmed by the Britain-based company on Thursday. The…
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Important Update on Lawsuits Against Packaged Food Giants Recently, major packaged food companies such as Kraft Heinz and PepsiCo have found themselves embroiled in a consumer lawsuit alleging that their products are intentionally designed to be addictive. The lawsuit, filed…
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Aldi Announces Plan to Remove 44 Ingredients from Private Label Assortment Aldi revealed on Wednesday its commitment to eliminating 44 ingredients from its private label products by December 2027. This move includes the removal of artificial preservatives, colors, flavors, and…
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As the demand for natural ingredients increases and regulations tighten, food companies are facing challenges in reformulating their products. State lawmakers have introduced over 200 bills in the last 15 months, putting pressure on manufacturers to respond to consumer preferences…
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The Trump Administration to Review Safety of Ultraprocessed Ingredients Health and Human Service Secretary Robert F. Kennedy Jr. announced that the Trump administration is gearing up to take action on a petition calling for a review of the safety of…
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Exciting News in the Food Industry: A leading nutrition nonprofit has introduced the first-ever certification in the United States for food companies to showcase their products as non-ultraprocessed. The Non-UPF Program, which was unveiled at the end of 2024, announced…
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Dive Brief: Walmart announced on Wednesday that it plans to eliminate artificial dyes and 30 other ingredients commonly found in processed foods from its store brands by January 2027. This move is considered one of the largest private brand reformulations…
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Key Points: Albertsons is implementing strategies to mitigate the impact of rising ingredient costs on goods from vendors, according to CEO Susan Morris. The grocery chain is analyzing cost increases to ensure alignment between parties, with consideration for alternate suppliers…
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Embracing New Trends in Snack Innovation While chocolate has always been a cornerstone of Hershey’s business, the renowned snacks maker is embracing a shift towards incorporating trendy ingredients like peanut butter, wafers, and more in its new product launches to…