PepsiCo has officially entered the prebiotic soda market with the completion of its $1.95 billion acquisition of Poppi, a brand that has contributed to the growth of the functional beverage category. The functional beverage market is projected to reach $62…
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Food manufacturers are in a race to revamp their products in response to increasing pressure to move away from artificial dyes and ingredients. Suppliers of ingredients have seen a surge in sales after Health and Human Services Secretary, Robert F.…
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President-elect Donald Trump’s plan to implement tariffs on imported goods has raised concerns about the impact on the food industry in the United States. According to federal data, the reliance on imported food has been steadily increasing over the years.…
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2022 marked a turning point for Katie Lefkowitz, who transformed a daunting situation into a thriving business idea. A self-proclaimed Snickers fanatic, Lefkowitz reimagined her passion for confectionery after a medical diagnosis in 2018 prompted her to reduce her sugar…
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The ongoing family feud at Lifeway Foods continues as CEO Julie Smolyansky’s relatives once again seek to remove her and the company’s board of directors, sparking a renewed conflict that has spanned several years. This week, her brother Edward Smolyansky…
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Key Trends in the Food Industry The food ingredients industry is facing challenges due to rising food prices and increased demand for better-for-you products. Cargill, a leading consumer goods company, recently released its TrendTracker report, highlighting key findings in the…