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July 10, 2020

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Food Business News

Ritz rolls out reimagined cheese crackers

FoodBusinessNews
by FoodBusinessNews09
Mondelez International, Inc. is introducing Ritz Cheese Crispers, a thin and crispy snack offering formulated with potato, wheat and cheese. Flavors include cheddar, and four-cheese and herb, which combines cheddar, Monterey jack, parmesan and mozzarella cheeses. Both varieties contain 140 calories, 2 grams of protein and 2 grams of fiber......
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Food Business News

Mars debuts Snickers Peanut Brownie

FoodBusinessNews
by FoodBusinessNews09
NEWARK, NJ. — A new mashup from Mars, Inc. is set to hit the candy category in January 2021: Snickers Peanut Brownie. Consisting of two individual squares, the candy bar features a layer of caramel and a chewy peanut brownie filling all enrobed in chocolate. Mars also plans to roll......
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Food Business News

USDA raises sugar supply forecasts for this, next year

FoodBusinessNews
by FoodBusinessNews07
WASHINGTON — The US Department of Agriculture, in its July 10 World Agricultural Supply and Demand Estimates report, forecast 2019-20 (the current marketing year that ends Sept. 30) US sugar ending stocks at 1,772,000 short tons, raw value, up 140,070 tons, or 9%, from 1,632,000 tons forecast in June. The......
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Food Business News

FDA uncovers mislabeled CBD products

FoodBusinessNews
by FoodBusinessNews011
WASHINGTON — A preliminary study by the US Food and Drug Administration found many products containing cannabidiol (CBD) are mislabeled, containing either significantly more or less CBD than advertised. Nearly a quarter of food products tested by the agency did not meet their label claims, according to a report sent......
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Food Business News

Slideshow: New menu items from Del Taco, Chopt, Wienerschnitzel

FoodBusinessNews
by FoodBusinessNews05
KANSAS CITY — In a time when trips and vacations are more difficult due to the coronavirus (COVID-19) pandemic, restaurants are offering ways for customers to travel with their tastebuds with new globally- and regionally-inspired options. Del Taco is offering a taste of Taiwan with its new Sprite Poppers, made......
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Food Business News

Frito-Lay expanding Georgia snack production plant

FoodBusinessNews
by FoodBusinessNews00
PERRY, GA. — PepsiCo, Inc.’s Frito-Lay division is investing $200 million to expand operations at its snack manufacturing plant in Houston County, Ga. The project will create new 120 jobs. The expansion includes an additional manufacturing line to produce tortilla chip products, another line to make Baked Cheeto Puffs, space......
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Food Business News

COVID-19 prompts closing of Flowers baking plant

FoodBusinessNews
by FoodBusinessNews010
THOMASVILLE, GA. – Flowers Foods, Inc. on July 9 announced its baking plant in Savannah, Ga., has been closed and is expected to reopen on or around July 17. “An increase in confirmed COVID-19 cases among production staff” together with a growing number of staff members self-quarantining prompted the closing,......
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Food Business News

Nuggs launches new parent company, taps former Danone exec

FoodBusinessNews
by FoodBusinessNews00
NEW YORK —  Nuggs, a maker of plant-based chicken-style nuggets, has a new parent company and new funding, said Ben Pasternak, founder and chief executive officer. Rebranding as Simulate, the New York startup plans to expand into other plant-based alternatives, including Doggs, a hot dog-style product line debuting later this......
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Food Business News

Ingredion completes expansion at rice operation in Thailand

FoodBusinessNews
by FoodBusinessNews00
WESTCHESTER, ILL. — Ingredion, Inc. has completed the expansion of its rice manufacturing operation in Banglen, Thailand. “The completion of our rice manufacturing expansion in Banglen, Thailand, further positions Ingredion to provide our North American customers with consumer-trusted, recognizable and on-trend rice ingredients with a secure and reliable supply chain,”......
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Food Business News

Peet’s pours new shaken tea beverages, fruit-infused cold brew

FoodBusinessNews
by FoodBusinessNews08
EMERYVILLE, CALIF. — Fruit flavors are featured in the new Peet’s Coffee Summer 2020 beverage lineup, which includes a shaken tea drink platform and cold-brew beverages made with fruit puree. Peet’s Fruit Tea Shakers contain fruit pieces, fruit puree, lemonade and Mighty Leaf tea shaken with ice. The Strawberry Lemon......
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Food Business News

Ingredion brings aboard new chief innovation officer

FoodBusinessNews
by FoodBusinessNews015
WESTCHESTER, ILL. — Jeremy Xu has been named senior vice president and chief innovation officer for Ingredion, Inc., effective October 1. He will succeed Tony DeLio, who became chief executive officer of PureCircle after Ingredion completed its acquisition earlier this month. In his new role, Mr. Xu will be responsible......
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Food Business News

Familiar flavors with a fun twist trending in sauces

FoodBusinessNews
by FoodBusinessNews03
KANSAS CITY — Mashups are gaining momentum in the sauces category as consumers seek products that feature familiar flavors with a twist. Take buffalo sriracha sauce, for example. “Everyone loves buffalo on everything; it’s almost like ranch,” said Robert Murphy, research chef and innovation specialist at Illes Foods, Carrollton, Texas.......
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Food Business News

New CEO joins Rudi’s Organic Bakery

FoodBusinessNews
by FoodBusinessNews00
BOULDER, COLO. — Brian McGuire has been named chief executive officer of Rudi’s Organic Bakery, a producer of certified organic bread. Mr. McGuire most recently was president of Steven Roberts Original Desserts. Earlier, he was vice president of sales at Vicorp Restaurants, Inc. Mr. McGuire’s appointment comes a little more......
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Food Business News

Plant-based meat placement matters, says Kroger

FoodBusinessNews
by FoodBusinessNews013
CINCINNATI — Sales of plant-based meat alternatives increased by 23% when merchandised in the meat department at grocery stores, according to new research from the Plant Based Foods Association and the Kroger Co. The placement of plant-based proteins was tested during a 12-week period prior to the coronavirus pandemic at......
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Food Business News

Wacker’s cyclodextrins improve foaming in barista toppings

FoodBusinessNews
by FoodBusinessNews07
MUNICH, GERMANY — Alpha-cyclodextrins from Wacker, marketed under the Cavamax W6 brand, may enhance the foaming properties of milk in specialty coffees. Alpha-cyclodextrins are ring-shaped oligosaccharides that have a hydrophilic exterior and a lipophilic cavity. “This cavity can interact with lipophilic components of the barista milk and form particulate complexes,......
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Food Business News

Krave owner acquires Chef’s Cut Real Jerky Co.

FoodBusinessNews
by FoodBusinessNews01
SONOMA, CALIF. — Just over a month after acquiring Krave Pure Foods, Inc. from The Hershey Co., Sonoma Brands has snagged another premium meat snack brand, Chef’s Cut Real Jerky Co. Terms of the transaction were not disclosed. Founded in 2009, Chef’s Cut offers jerky, meat sticks and biltong. The......
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Food Business News

Abitec acquires Larodan AB

FoodBusinessNews
by FoodBusinessNews07
COLUMBUS, OHIO — Abitec Corp., an ABF Ingredients company, has acquired Larodan AB, a Stockholm, Sweden-based manufacturer of high-purity research grade lipids. “We are very happy to find a new home with Abitec, with whom we share a deep interest in lipids,” said Fredrik Lindgren, selling shareholder and continuing managing......
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Food Business News

Favorable quality trends in the winter wheat harvest

FoodBusinessNews
by FoodBusinessNews012
KANSAS CITY — The US winter wheat harvest picked up momentum during the July 4 holiday weekend, and millers and bakers could not help but be encouraged by the quality of the supply garnered as combines made their way northward. To the relief of bread bakers, higher protein in the......
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Food Business News

Perfect Day raises additional $160 million in Series C round

FoodBusinessNews
by FoodBusinessNews014
BERKELEY, CALIF. — Perfect Day, a producer of animal-free dairy proteins, has raised an additional $160 million through a new tranche led by the Canada Pension Plan Investment Board (CPP Investments). The new funding follows an initial $140 million Series C round announced late last year led by Temasek with......
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