PepsiCo CFO Hugh Johnston tells analysts the firm believes its new sweetener innovations will be 'more evolutionary than revolutionary' and that work in this direction has delayed a beverage business review until 2014.
China will be the number two market behind the US for Hershey within five years, predicted senior executives at the Consumer Analyst Group of New York (CAGNY) conference yesterday.
Kellogg has described its Special K Red Berries recall as “very small” as Bimbo Bakeries USA issues a broad voluntary recall on its core bread brands due to possible flexible wire contamination.
Growth in the US private label market will continue to outpace growth in branded products as retailers recognize that unique, premium and innovative store brands can help them boost profitability, differentiate themselves and increase consumer loyalty,...
Campari America has agreed to pay $20m to Kobrand Corporation to secure the distribution rights to its recently acquired Appleton Rum brand portfolio in the US, and 'exploit the brand's potential in the key US market'.
JM Smucker is cutting the list price for most of its packaged coffee products sold in the US by an average of 6%, in response to lower green coffee costs, said bosses today.
The Kellogg Company has issued a voluntary recall in the US on three sizes of its Special K Red Berries cereal packs due to the possible presence of glass fragments.
Molson Coors does not contemplate making any major acquisitions in the short term but says it may examine small portfolio ‘in fills’ if the right transactions present themselves.
“Intense competitive activity in a sluggish shelf stable juice category” hit second quarter sales in Campbell Soup’s US beverage business, with revenues dipping 3% owing to the lackluster performance of V8 original vegetable juice, said bosses Friday.
Kraft Foods Group expects to post weaker-than-expected fourth-quarter revenues, in part because it lost market share to rivals as competitors engaged in aggressive discounting on cold cuts and mac & cheese, said CEO Tony Vernon.
![Shane Grant: 'Our plant-based business in North America grew by 17% [in 2020]' (Picture credit: Danone North America)](https://cdn-a.william-reed.com/var/wrbm_gb_food_pharma/storage/images/publications/food-beverage-nutrition/foodnavigator-usa.com/article/2021/03/03/danone-north-america-ceo-on-plant-based-trends-why-soymilk-is-back-in-growth-and-the-follow-your-heart-deal/12238905-1-eng-GB/Danone-North-America-CEO-on-plant-based-trends-why-soymilk-is-back-in-growth-and-the-Follow-Your-Heart-deal_wrbm_tiny.jpg)
