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January 26, 2022

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Webinar: Flavor trends to watch in 2022

FoodBusinessNews
KANSAS CITY — What flavor trends are on tap for the year ahead? In an exclusive, 30-minute webinar, the editors of Food Business News discuss how recent events are reshaping the future of food. The pandemic has upended lifestyles and transformed how consumers eat. Product developers must respond to rapidly evolving......

Sizing up snacking trends

FoodBusinessNews
CHICAGO — Consumers’ preference for snacking as a regular eating behavior over traditional mealtime eating occasions continues to gather momentum, according to the third annual State of Snacking report released Jan. 19 by Mondelez International, Inc. Sixty-four percent of global consumers said they prefer to eat many small meals throughout......

Planting Hope acquires RightRice assets

FoodBusinessNews
CHICAGO — The Planting Hope Co. Inc. announced it has acquired the RightRice business assets of Betterer Foods, Inc. for $7 million. The transaction includes inventory, key contracts, brands and other intellectual property. In addition, Keith Belling, founder and chief executive officer of RightRice, has entered a consulting agreement with......

Leclerc Foods expanding with new cookies and bars plant

FoodBusinessNews
ST-AUGUSTIN-DE-DESMAURES, QUE. — North American snack food maker Leclerc Foods has acquired a 790,197-square-foot production plant in Brockville, Ont., that will be focused on cookies and bars production. Leclerc said it plans to invest more than $100 million in the facility over the next five years. Production at the plant......

Luciano upbeat on ADM outlook

FoodBusinessNews
CHICAGO — “Outstanding,” “excellent” and “superior” were three of the adjectives used by Juan Luciano, president and chief executive officer of ADM, to describe the fiscal 2021 performance of the Chicago-based company. Net income at ADM in the year ended Dec. 31, 2021, totaled $2.71 billion, equal to $4.79 per......

U.S. FDA limits use of Regeneron, Lilly COVID-19 antibody treatments

Reuters
Jan 24 (Reuters) – The U.S. health regulator revised on Monday the emergency use authorizations for COVID-19 antibody treatments from Regeneron (REGN.O) and Eli Lilly (LLY.N) to limit their use, as the drugs are unlikely to work against the Omicron coronavirus variant. The Food and Drug Administration (FDA) said the......

Five keys to driving ESG strategies

FoodBusinessNews
BATTLE CREEK, MICH. — Being grounded in vision and purpose and embracing sustainability as an enabler to growth are two key themes for driving an environmental, social and governance (ESG) strategy, said Steve Cahillane, chairman and chief executive officer of Kellogg Co. In a company blog posting, Mr. Cahillane identified......

8th Avenue opens fruit, nut facility

FoodBusinessNews
ST. LOUIS — 8th Avenue Food & Provisions, Inc., a unit of Post Holdings, Inc., celebrated the opening of a new 250,000-square-foot plant in Hazelwood, Mo., on Jan. 20. 8th Avenue had announced in mid-December that it would be relocating its fruit and nut manufacturing plant from Burnaby, BC, to......

Symrise sees modern Asian trend blurring culinary lines

FoodBusinessNews
TETERBORO, NJ. — Spicy, sweet and bitter flavors from Korean cuisine are showing up in traditional American barbecue dishes. Japanese ingredients like miso are adding a new twist to familiar fare like roasted meats. Indian toppings are appearing on pizzas made with naan bread crust. This multicultural experimentation is part of......

C.H. Guenther expands in baking

FoodBusinessNews
SAN ANTONIO — C.H. Guenther & Son LLC, a producer of branded and private label products, has acquired St. Paul, Minn.-based Baldinger Bakery LP and Canada-based Baldinger & Sons Bakery, a move C.H. Guenther & Son said will expand its bakery manufacturing capacity and deepen its relationship with quick-service restaurant......

Cookie and cracker maker files for Chapter 11

FoodBusinessNews
DES MOINES, WASH. — Partners Crackers on Jan. 18 filed for voluntary Chapter 11 protection in the US Bankruptcy Court for the Western District of Washington, citing a need to restructure its secured financial obligations. Partners produces about 11 million crackers each day at its 150,000 square-foot plant in Des......

Continental Grain secures stake in Agroberries

FoodBusinessNews
NEW YORK — Continental Grain Co. has announced an investment in Santiago, Chile-based Agroberries, which commercializes more than 50,000 tons of berries per year to a customer base primarily in North America and Europe. Financial terms of the investment were not disclosed. Continental Grain, whose portfolio of investments also includes......

Parker Food expands with plant acquisition

FoodBusinessNews
FORT WORTH, TEXAS — Parker Food Group, a supplier of candy toppings and inclusions, baked items, crumbs and streusels, pralines and coated items, liquid bases and variegates, and cookies, has acquired the former Rise Baking Co. baking plant in Mexico, Mo. Parker said the facility will include five manufacturing lines......

Foodservice industry is facing a new reality

FoodBusinessNews
CHICAGO – Foodservice industry market researcher Technomic forecasts that 2022 industry sales dollar for dollar will slightly exceed pre-pandemic levels, but once inflation is factored in sales are expected to be at 92.3% of pre-pandemic levels. While there will be recovery it will continue to be uneven. “The urban exodus......

Lycored launches new processing plant

FoodBusinessNews
BRANCHBURG, NJ. — Lycored has opened a new processing facility in Branchburg for its carotenoids, vitamins, minerals, amino acids and food ingredients. According to Lycored, the new plant provides advanced capabilities for milling, blending, drying, and coating, with extensive opportunities for customization. The facility also features an application laboratory and color......

Kroger identifies 10 emerging food trends

FoodBusinessNews
CINCINNATI – The Kroger Co. has identified 10 food trends that will accelerate and take hold in 2022. The trends may be broken down into three categories: flavors, premiumization and behavioral shifts brought on by the pandemic. Four flavors the retailer sees gaining ground in the year ahead include umami,......

Medical practice is now pushing toward rank racism in the name of ‘anti-racism’

NYPost
Post Editorial Board The root problem is that the entire US health establishment, so deeply entwined with ultraprogressive academia, has utterly embraced the lunatic “anti-racism” approach of the trendy left. Source – For more click here To Return to the Main Aggregate News Page – click here Break’n Pics –......

Historic blood shortage fuels calls for FDA to ease restrictions on gay men donating blood

CBS News
CBS News – For more and to sign up click here Pressure is mounting on the Food and Drug Administration to eliminate longstanding restrictions on gay or bisexual men donating blood in the United States as the blood shortage reaches a dire level.  Twenty-two U.S. senators penned a letter to......

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