The Latest
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Courtesy of 818 Spirits
Sazerac nabs minority stake in Kendall Jenner’s 818 Tequila
The investment continues a run of dealmaking for the spirits giant as it looks to appeal to the next generation of drinkers.
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Permission granted by California Walnut Board
Sponsored by California Walnut BoardCracking the latest dietary guidance with walnuts
Research supports walnuts’ inclusion in a balanced eating pattern focused on whole, nutrient-dense foods.
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Courtesy of Pure Leaf
Pure Leaf puts mental clarity in focus with new functional tea
The brand, jointly owned by PepsiCo and Unilever, is releasing its first sparkling drink designed for balanced energy instead of extreme performance.
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Courtesy of Meijer
Meijer ramps up private label to cater to nutrition trends
The retailer is looking to make its own brands a destination for consumers who want food items packed with protein or fiber.
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Courtesy of Ferrero
Ferrero making first Nutella product in US with $75M investment
The peanut spread being manufactured at an Illinois facility is the brand’s first new flavor in its 62-year history.
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Permission granted by ADM
Quality vs quantity: Food makers face tradeoffs when choosing protein source
Ingredient supplier ADM is helping manufacturers bulk up their offerings while shedding light on the pros and cons of soy, pea and dairy.
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Courtesy of Ahold Delhaize
Online grocery sales to near $500B by 2028: report
The trade organization FMI —The Food Industry Association and Nielsen IQ increased their e-commerce sales projections for the next few years as omnichannel shopping grows.
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Catherine Douglas Moran/Food Dive
Aldi to remove 44 ingredients from private label assortment
The discounter said the decision builds on its previous bans and caters to consumers’ desire for products with simpler ingredients.
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Courtesy of Grupo Bimbo
Sara Lee parent moves US headquarters to Texas
The relocation to Dallas will give Bimbo Bakeries USA a more centralized location and better position it to grow.
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Courtesy of Laird Superfood
Laird Superfood buys better-for-you food maker Terrasoul for $48M
The acquisition, funded with the help of a private equity firm, is "a significant step forward” in building a superfoods and functional nutrition giant, Laird’s CEO said.
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Justin Sullivan via Getty Images
Nestlé sells Blue Bottle Coffee to Centurium Capital
The deal includes the brand's cafes and the majority of its CPG business, a spokesperson confirmed.
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Courtesy of PepsiCo
ColumnLeftovers: Lay’s flavors go global for World Cup | Taco teas look to cure homesickness
The PepsiCo potato chip brand is releasing dozens of flavors tied to countries competing in the soccer event, while Captain Morgan expands its RTD line with piña coladas.
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Thai Phi Le/Food Dive
Nerds maker Ferrara to spend $675M on new South Carolina plant
The 750,000-square-foot facility is a “major step forward” for the company in positioning itself as a leader in candy, its CEO said.
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Scott Olson via Getty Images
Hershey leans on cocoa sourcing resilience to blunt price shocks
The candy maker is relying on diversified sourcing and long-term farmer programs to offset higher commodity costs.
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Courtesy of Anheuser-Busch
Anheuser-Busch doubles US manufacturing investment to $600M
The company’s Brewing Futures initiative includes improvements and workforce commitments at facilities across the country.
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Christopher Doering/Food Dive
Q&AHow Nestlé’s US CMO keeps tabs on changing consumer tastes
Vicki Felker discusses launching the CPG giant’s first at-home condiment brand, where AI is boosting efficiency and bigger bets on cultural marketing.
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Courtesy of Hershey
EXCLUSIVEWhy Hershey is making big changes to its sustainability strategy
While the Reese’s maker has “made tremendous progress,” there is still “a ton of work to do” as consumers pay more attention to what they eat, a top executive said.
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Courtesy of Kraft Heinz
Capri Sun debuts juice pouch with added electrolytes
The product, which introduces the brand to the functional beverage space, is marketed as one of the first hydration drinks designed for kids.
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Christopher Doering/Food Dive
No more ‘sleeping beauties’: Babybel owner quietly emerges as US healthy snacks powerhouse
Despite strong growth with brands tailored to today’s trends, new North American CEO Peter McGuinness said the cheese snacks and fruit and veggie pouch maker needs to do more to promote its offerings.
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Getty Images
Mars, Ofi collaborate to cut carbon footprint of cocoa production
The confectionery giant and ingredients supplier’s five-year project aims to employ regenerative agriculture practices and reduce emissions across their shared supply chain in Ecuador.
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Courtesy of Simply Good Foods
Quest protein bar owner cuts 15% of workforce in restructuring
Simply Good Foods, which also makes Atkins weight-loss shakes, has struggled amid a surge in competition and rising GLP-1 use.
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Courtesy of Nowadays
Senate bill floats workaround for hemp THC beverage ban
The bipartisan measure would allow states to “opt out” of a federal ban and handle regulation themselves.
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Kelly Stroh/Food Dive
4 tech tools food brands are using to enhance inventory, demand planning
Companies are leveraging digital twins and planning systems to provide greater visibility into their supply chains, according to industry experts.
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Christopher Doering/Food Dive
PepsiCo says price cuts are paying off
CEO Ramon Laguarta noted layoffs and productivity improvements have allowed the company to reduce costs and invest in affordability.
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Courtesy of Sensient Food Colors
Sensient invests $250M to expand natural food dye production
The ingredients supplier's CEO says the transition away from artificial dyes is “the single largest opportunity in the company's history.”
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Justin Sullivan via Getty Images
Hershey projects $100M inventory cut from supply chain tech
The Reese’s maker is using the technology across sourcing, manufacturing, delivery and planning.
