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What are the key beverage trends - and companies - to watch in 2018?

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What are the key beverage trends - and companies - to watch in 2018?

By Elaine Watson

Could cold brew tea be as big as cold brew coffee? Is there a legal definition of kombucha… and a ‘correct’ way to manufacture it? Are consumers paying attention to the debate over the nutritional merits of plant-based versus dairy milks?

Hain Celestial's Cultivate Ventures acquires The Better Bean Company

Hain: 'Consumers want nutritious food, plant-based protein, fiber, clean labels and convenience'

Hain Celestial's Cultivate Ventures acquires The Better Bean Company

By Elaine Watson

Hain Celestial’s Cultivate Ventures arm has acquired Portland, OR-based The Better Bean Company - which makes prepared beans and bean dips in chilled deli tubs – for an undisclosed sum.

Avure's chief executive called both companies 'leaders in their respective markets'

Food tech business buys Avure

By Rod Addy

JBT Corporation’s takeover of Avure Technologies for US$57 million gives it greater capability to extend food and drink products’ shelf-life without involving preservatives shunned by retailers, according to JBT.

Tom Hayes is currently president of Tyson Foods

Brokers challenge timing of Tyson CEO revelation

By Rod Addy

Financial brokers have challenged Tyson Foods on the timing of its announcement that its chief executive officer (CEO) Donnie Smith would be replaced by its president Tom Hayes on 31 December.

BRF said the acquisition is

BRF buys Argentina meat processor Calchaquí

By Oscar Rousseau

One of Brazil’s largest meat firms BRF has acquired the Argentinian pork business Alimentos Calchaquí, according to an investment bulletin published by BRF.

FOOD VISION USA CEO vox pop: What is 'natural?'

FOOD VISION USA CEO vox pop: What is 'natural?'

By Elaine Watson

The FDA has just cranked open Pandora’s box with its surprise bid to explore a working definition of ‘natural’ on food labels. As part of our Food Vision USA program, FoodNavigator-USA quizzed food & beverage CEOs to find out what they think it means,...

Monogram's traditional products include corn dogs and beef jerky

Memphis meat firm enters frozen food market

By Michelle Perrett

US-based Monogram Foods, the processed meat manufacturer, has lodged a successful bid for Golden County Foods in Wisconsin, a frozen appetiser business.  

The centre hosts training courses and seminars for customers

Provisur to open Ingenuity Center

By Eleanor Mackay

Provisur Technologies is to open a state-of-the-art Ingenuity Centre in Illinois, dedicated to the "ever-evolving demands of the industry".

Campbell reorganizes its portfolio, cuts costs to drive growth

Campbell reorganizes its portfolio, cuts costs to drive growth

By Elizabeth Crawford

Facing tepid earnings growth and changing consumer shopping dynamics, the Campbell Soup Co. will drastically reorganize its portfolio and cut at least $200 million in costs in the next three years, executives said Feb. 18. 

The latest video shows what goes into Chicken McNuggets

McDonald’s looks to improve image with video insiders

By Georgi Gyton

It seems like too much of a coincidence that McDonald’s has been drip-feeding documentary-style videos of its production process in a bid to improve its image, just as global sales are on the slide.

A new team of USMEF officers was elected at the annual strategic planning conference

US meat export group elects new officers

By Oli Haenlein

The US Meat Export Federation (USMEF) has elected a new team of officers at its annual strategic planning conference in Arlington, Virginia.

Smithfield's net income increased by 479%

Smithfield hits record with Q1 results

By Eleanor Mackay

Smithfield Foods has reported a record increase in net profit for its first quarter (Q1), as well as good returns for packaged food and a better export environment.

Sales to generate more free cash-flow

Wendy’s reveals restaurant sales

By Nicholas Robinson

Wendy’s, the world’s third-largest fast-food burger chain, has announced further sales of its restaurants to franchisees in a bid to generate a higher operating margin and stronger free cash-flow.

Cargill profits hit by drought

Outside forces hit Cargill’s earnings

By Carina Perkins

US meat processor Cargill has reported a drop in earnings for the first quarter of fiscal 2014 as a result of ongoing drought and smaller harvests.

Cargill reports solid recovery

Cargill reports solid recovery

By Carina Perkins

US processing giant Cargill has continued to recover from last year’s poor performance, reporting “solid” second-quarter results and improvements across its meat segment.

Danisco buy-out fails to dent DuPont Q2 earnings

Danisco buy-out fails to dent DuPont Q2 earnings

By Shane Starling

Dupont, which earlier in the year warned that its May $6.49bn acquisition of Danisco would dent its yearly profits, has defied expectations in second quarter results published today.

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