Del Monte Pacific Ltd., the Philippines-based fruit juices company, agreed to buy the consumer foods business of US food maker Del Monte Products Inc. for $1.68bn.
Despite that one out of every six people in the United States is Latino, 57% of the top 500 advertisers allocate less than 1% of their budgets to targeting Hispanics, according to the Association of Hispanic Advertising Agencies.
Mars Chocolate North America has announced nine product launches planned for 2014, which it will exhibit at the Association for Convenience & Fuel Retailing (NACS) show at the Georgia World Congress Center in Atlanta between 12-15 October.
After years of moving overseas, supply and adulteration issues have created a push to bring more botanical dietary supplement manufacturing and sourcing back to North America, says industry insider Greg Cumberford.
We’ve delved into the ConfectioneryNews archives to chart newly built factories and major investments on existing plants by the industry’s major players over the past five years to discover where capacity is moving.
NYC mayor Michael Bloomberg says the decision of the state appeals court to reject his proposed ban on selling super-size sodas is “a temporary setback” and says he plans to “appeal this decision as we continue the fight against the obesity epidemic”.
The Coca-Cola Company CEO Muhtar Kent says the company is not happy with its Q2 performance and blamed lower volume sales on global economic weaknesses and unusually poor weather.
The American Herbal Products Association has weighed in on draft proposals to amend California’s Proposition 65. Among the group’s recommendations are changes to the language of the warnings mandated under the law.
Inspired by an understanding of how the growing Latino population influences both Latino and mainstream new product development, Symrise has launched a new range of ‘grilled fruit’ flavors.
The Japanese government has placed a temporary ban on Western White wheat imports after unauthorized genetically modified wheat was found growing in the US.
The acquisition of pork and meat producer Smithfield Foods Inc. for about $4.8 billion by Shuanghui Group can create a global leader in animal protein, say top executives at both companies.
FDA has finalized a rule on the importation of food under the Food Safety Modernization Act. The rule, Information Required in Prior Notice of Imported Food, was adopted without any changes suggested by comments from the draft version of the rule.
MillerCoors has stressed its strong history of responsible marketing after a new can design upset a grassroots movement of Puerto Ricans Americans claiming ‘exploitation’ of their culture and unhelpful associations with alcohol use.
Consumers in emerging markets are more receptive to new chocolate products than counterparts in established markets because they don’t have a point of reference, according to ADM Cocoa’s innovation chief.
Coca-Cola’s ready-to-drink iced tea brand Gold Peak is “rapidly on its way to becoming a $1bn brand”, revealed CEO Muhtar Kent in an earnings call yesterday.
The Coca-Cola Company announced yesterday that it plans to shed 750 North American jobs after revealing last month that it plans to reduce its regional distribution footprint.
Natural colours have overtaken their synthetic counterparts for the first time ever, and the trend towards clean label products is one of the key drivers according to new data from Mintel and Leatherhead Food Research.
Increasing in-home breakfast consumption and the popularity of yogurt among young adults has driven the product’s dramatic growth in the US over the last decade, market research firm the NPD Group has claimed.
Barry Callebaut has announced that it is switching to Roundtable on Sustainable Palm Oil (RSPO) certified palm oil for compounds and filling at most plants.
JBS USA has announced that its Canadian subsidiary will go ahead with the acquisition of XL Foods, the Canadian processor at the centre of the country’s major E.coli crisis last year.
Bell Flavors & Fragrances has unveiled its annual list of the top 10 flavor and fragrance trends to watch in the next 12 months, from comforting butterscotch and whipped cream for beverages to “nostalgic” rhubarb and peanut-butter flavors for desserts.
Continental Mills, the privately owned manufacturer of Krusteaz and Ghiardelli-brand products, has acquired Sun Country Foods, Inc., the company announced Tuesday. The transaction includes the Kretschmer Wheat Germ brand and a manufacturing facility located...
The National Milk Producers Federation (NMPF) and the US Dairy Export Council (USDEC) have welcomed the passing of a bill that could lead to the establishment of permanent normal trade relations (PNTR) with Russia and Moldova.
Wheat and corn prices have eased over the fourth quarter but will spike again at the beginning of 2013 as impacts from demand rationing take hold, Rabobank says.
The North American cocoa grind has dropped 2% in the third quarter (Q3), leading one analyst to call the region’s largest nation a “staling” chocolate market.
Campbell Soup Company has taken steps to cut costs and reallocate manufacturing capacity in light of volume declines in the canned soup business in the United States, the company announced Thursday.
The city of Lakewood in Colorado has implemented state laws to tax candy and soft drinks at 3% while repealing earlier rules to tax a wider variety of foods.
About 40% of all food produced in the United States goes to waste – an amount worth about $165bn, according to a new report from the Natural Resources Defense Council (NRDC).
German confectionery coatings firm Capol will have increased presence in the United States after its private equity owner purchased a US distribution business.
The worst drought to hit the United States in half a century is having dramatic effects on crop and livestock production, President Obama said in a White House briefing Tuesday, in which he called on Congress to pass a Farm Bill that includes more disaster...
The American Cancer Society Cancer Action Network (ACS CAN) has urged the US Surgeon General to carry out a comprehensive study of sugar-sweetened beverage consumption’s potential impact on public health.
Almonds have been the most popular ingredient nut in new products for six years running, and have seen a surge in popularity with cereal makers over the past year, according to new data released by the Almond Board of California.
PepsiCo Americas Beverages says flavoured carbonates are predicted to outsell colas in the US by 2015, as it revealed plans to capitalise upon growth in this segment, where growth is being led by Hispanic consumers.
