Summary: Jana has been urging Lamb Weston to make operational changes and consider a sale, following its partnership with Continental Grain. They criticized the company’s leadership decisions, especially appointing an insider as CEO. Despite this, a sale seems unlikely now,…
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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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Chobani has announced its acquisition of plant-based food maker Daily Harvest, expanding its range of ready-to-make meals. The terms of the deal have not been disclosed. Daily Harvest, founded ten years ago, was one of the pioneers in delivering clean,…
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Exciting News: Danone Acquires Majority Stake in Kate Farms Yogurt leader Danone announced on Monday that it has agreed to acquire a majority stake in Kate Farms, a renowned producer of plant-based nutrition shakes. This strategic acquisition will enhance Danone’s…
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Key Points: Hain Celestial is in search of a new CEO following Wendy Davidson’s departure. The company is conducting a comprehensive review of its portfolio to enhance value. Despite its focus on healthier foods, Hain has seen a decline in…
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PepsiCo CEO Ramon Laguarta announced that the company will be expediting its shift towards natural ingredients in response to growing consumer demand and pressure from the White House to eliminate artificial colors from foods. Laguarta revealed during PepsiCo’s first-quarter earnings…
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Welcome to our Blog! Exciting news in the snack industry as Hershey announces its intent to acquire LesserEvil, a brand known for its organic snacks with bold flavors and better-for-you ingredients. The deal, valued at approximately $750 million, is another…
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Food News
The Weekly Sip: Monster’s bet on alcohol stumbles | Sparkling Ice maker pops into prebiotic soda
Welcome to our Beverage Buzz column, where we bring you the latest news and updates from the ever-evolving world of beverages. From new product launches to industry trends, we’ve got you covered. Monster Faces Setback with Alcohol Impairment Charge Energy…
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The CEO of Mondelēz International, the company behind Cadbury, is optimistic that consumers will continue to indulge in chocolate despite rising cocoa prices leading to higher costs for the popular treat. Chocolate manufacturers have raised prices significantly due to supply…