News & Analysis on Food & Beverage Development & Technology
ConAgra Foods has sold Lightlife - a manufacturer of frozen and refrigerated meat alternatives it acquired in summer 2000 - to private equity firm Brynwood Partners for an undisclosed sum.
Although federal efforts have led to “modest improvements” in food quality and marketing practices in recent years, “commercial interests have consistently overridden the health concerns of children”, according to one former government health expert.
US retail sales of non-GMO foods and beverages are projected to increase at a compound annual growth rate (CAGR) of 12.9% in the next five years, and could represent 30% of the market with a value of $264bn in 2017, predicts Packaged Facts.
Cereals giant Post Holdings has made its fourth major acquisition since it was spun off from Ralcorp last year, splashing out $370m for private label pasta maker Dakota Growers Pasta Co.
Convenience chain 7-Eleven has developed an organic better-for-you snack range to retail alongside premium brands – an interesting move but one that needs to be executed cleverly, warns an analyst.
Brazilian beef exports have soared as a result of strong demand from Russia and a weakening of the Brazilian real.
Big Interview: Ben Weiss, founder and CEO of Bai
From four years of navigating the unpredictable terrain of the highly competitive functional beverage market (plus 20 in the coffee business), Ben Weiss, CEO and founder of Princeton, N.J.-based Bai, had a few insights into how to build a sustainable...