News & Analysis on Food & Beverage Development & Technology
Sales at Humm Kombucha surged by 125% in 2017, say its co-founders, who are developing a production facility in Roanoke Virginia three times the size of their current 40,000sq ft facility in Bend, Oregon, and claim to have developed a patent-pending...
Van Leeuwen Ice Cream, an artisanal ice cream brand from Brooklyn, has closed a Series A minority investment round led by Strand Equity, which the company will use to fuel its retail and wholesale businesses as well as make some major c-suite hires.
Freshness of food has become the top purchase driver for millennials (aged 23-40) and Gen Z (aged 11-22) reflected by a declining conventional snacking category and a rise in fresh perimeter-of-the-store sales.
Indra K. Nooyi is to end her tenure as PepsiCo CEO after more than a decade in the role, with Ramon Laguarta elected to succeed her.