News & Analysis on Food & Beverage Development & Technology
The Honest brand could extend well beyond the ready-to-drink tea category into a wider array of beverages and even foods, says the co-founder of Honest Tea, which posted a 27% surge in sales to $112m in 2013, and is growing even faster this year.
PepsiCo has inaugurated its first R&D facility in Mexico – a baking innovation center that will be dedicated to strengthening its better-for-you portfolio across brands like Quaker, Lay’s and Sabritas.
Dannon is looking to drive incremental growth to the dairy category with the launch of a new indulgent dessert brand called Dannon Creamery that targets a day-part US yogurt marketers have traditionally struggled to corner: the evening.
Mars says it is experiencing the same pressures on the cocoa market as Nestlé, but currently has no plans to raise chocolate prices.
Argentina is hoping to reclaim its place in the global beef industry after a period in which production of its iconic beef has fallen.