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March 2, 2021

Food safety

Membership jumps over 30% for Consumer Brands Association

FoodBusinessNews
by FoodBusinessNews01
ARLINGTON, VA. — Campbell Soup Co., the Hain Celestial Group, Inc. and Hostess Brands, Inc. are 3 of 18 companies who have joined the Consumer Brands Association since it rebranded last year from the Grocery Manufacturers Association. The additions marked a growth of more than 30%. The association now represents......
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Doing the pandemic pivot

FoodBusinessNews
by FoodBusinessNews01
CHICAGO — When Alicia Zyburt, a creative director in the hospitality channel, and her husband, Devon Owens, a chef in the Chicagoland area, had their four-month business calendar abruptly wiped clean because of the pandemic, they knew resting on their laurels was not an option. Mr. Owens started cooking extravagant......
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Kellogg, PepsiCo garner accolades for commitment to business integrity

FoodBusinessNews
by FoodBusinessNews01
NEW YORK — ADM, Grupo Bimbo SAB de CV, Ingredion, Inc., Kellogg Co. and PepsiCo, Inc. were among the 135 companies recognized recently by the Ethisphere Institute for their commitment to business integrity. Ethisphere, a global leader in defining and advancing the standards of ethical business practices, over the past......
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‘Triple bottom line’ drives Euromonitor’s trend predictions

FoodBusinessNews
by FoodBusinessNews01
LONDON — Consumers in 2021 will expect purpose-driven initiatives that support the “triple bottom line” — people, planet and profits — according to Euromonitor International. Last year saw public attention largely shift from slower moving environmental threats to more urgent social issues. “After George Floyd’s death last year, some brands......
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Chocolate reigns supreme in protein performance products

FoodBusinessNews
by FoodBusinessNews01
MELVILLE, NY. — Taste is the No. 1 purchase driver of nutrition and performance products, according to data from Comax Flavors. The company surveyed 1,200 consumers about their behavior, usage and attitudes toward ready-to-drink protein drinks, protein bars, and sweet and savory protein snacks and found more than half (52%)......
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Unilever investing more in plant-based technology

FoodBusinessNews
by FoodBusinessNews01
LONDON — Plant-based foods is a growing area of opportunity, one in which Unilever holds significant competitive advantage, said Alan Jope, chief executive officer of Unilever. Mr. Jope addressed the Consumer Analysts Group of New York via Zoom on Feb. 16. While larger in non-food categories than Foods and Refreshment,......
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Three technologies transforming the food industry

FoodBusinessNews
by FoodBusinessNews01
BOSTON — Digital tools are key to weathering disruptions in the food and agriculture value chain, according to a new report from Lux Research. The company’s Foresight 2021 report identified the top technologies food and agriculture leaders should look to in the year ahead. “The agrifood ecosystem is experiencing a......
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IFF pads ingredient portfolio, R&D through merger

FoodBusinessNews
by FoodBusinessNews01
NEW YORK — A merger has brought more ingredients and more technologies to IFF, which means the New York-based company has more ways to meet customer requests. International Flavors & Fragrances early in February completed its merger with DuPont Nutrition & Biosciences, a business unit of DuPont. The combined company,......
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Cardinal Foods to expand in North Carolina

FoodBusinessNews
by FoodBusinessNews01
RALEIGH, NC. — Cardinal Foods LLC has announced plans to invest $15.5 million to expand its operations in Pender County, NC. The expansion, which will add production capacity for sweet potato french fries, will double the company’s current workforce to 96 from 48. Founded in Burgaw, NC, in 2017, Cardinal......
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Consumer interest in sustainability is still growing

FoodBusinessNews
by FoodBusinessNews01
HARTLAND, WIS. — The pandemic hasn’t shaken consumer interest in food sustainability, according to a new poll from C.O.nxt and Menu Matters. The companies surveyed 750 consumers across the United States and found sustainability is more important now than a year ago. They also found the definition of sustainability continues......
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30 Times People Warned Others Not To Eat In These Restaurants By Providing Nasty Evidence

IA
by IA058
Correct me if I’m wrong, but the world with eat out-only options on the pandemic menu hasn’t been the same. And there’s nothing quite like surviving the lockdown and treating yourself with a nice dinner at a local restaurant. But on some unfortunate occasions, this idyllic scenario turns sour. And......
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Sysco sees restaurant recovery accelerating

FoodBusinessNews
by FoodBusinessNews01
HOUSTON — Sysco Corp. is making it easier for restaurants to rebuild following a tumultuous year that shuttered thousands of independent operators and left millions of foodservice workers without a job. More than 17% of restaurants closed permanently or long term in 2020, according to the National Restaurant Association. Sysco......
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Mondelez International resetting its innovation agenda

FoodBusinessNews
by FoodBusinessNews01
CHICAGO — Executives at Mondelez International, Inc. accelerated several strategic initiatives last year to position the company to emerge stronger from the pandemic, said Dirk Van de Put, chairman and chief executive officer. Efforts included reducing expenses, simplifying operations and investing in brands and capabilities. “Our actions leading up to......
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Volatile global poultry market weighs on Pilgrim’s profit

FoodBusinessNews
by FoodBusinessNews01
GREELEY, COLO. — Ongoing unpredictability in the global poultry market led earnings lower at Pilgrim’s Pride Corp. in fiscal 2020. Net income in the year ended Dec. 27, 2020, totaled $94.76 million, equal to 39¢ per share on the common stock, down 79% from $455.92 million, or $1.83 per share,......
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Expo West to go virtual in 2021

FoodBusinessNews
by FoodBusinessNews01
ANAHEIM, CALIF. — Natural Products Expo West will be held virtually this year, organizers said on Feb. 11. The event, which typically occurs each March, previously was rescheduled to take place in Anaheim in late May. Informa Markets’ New Hope Network, which produces the Natural Products Expos, also said it......
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Kellogg returns to balanced financial growth

FoodBusinessNews
by FoodBusinessNews01
BATTLE CREEK, MICH. — Buoyed by a pandemic that the company’s chief executive officer said provided “a sampling event like none other,” Kellogg Co. turned in strong earnings growth during fiscal 2020. Net income in the fiscal year ended Jan. 2 totaled $1.25 billion, equal to $3.65 per share on......
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Snacks success helps offset beverage challenges at PepsiCo

FoodBusinessNews
by FoodBusinessNews01
PURCHASE, NY. — Acceleration in its global beverage business coupled with resilience in its global snacks and food business propelled PepsiCo, Inc. to a strong finish in fiscal 2020, said Ramon L. Laguarta, chairman and chief executive officer. “Our results were indicative of the strength and resilience of our highly......
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Arnott’s acquisitions to lead to new business unit: Good Food Partners

FoodBusinessNews
by FoodBusinessNews01
SYDNEY, AUSTRALIA — The Arnott’s Group has signed an agreement to acquire 75% of Diver Foods, an Australian maker of cereals and snacks. Chris Diver, owner and managing director of Diver Foods, will continue to own 25% of the business. Financial terms of the transaction were not disclosed. Once the......
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Pork processor investing $228 million in plant

FoodBusinessNews
by FoodBusinessNews01
HATFIELD, PA. — Clemens Food Group, a vertically integrated pork processor, has announced plans to invest $228 million to expand its operations in Hatfield to include a new facility to support increased smoked meats and cooked sausage production. The project will create 87 new, full-time jobs over the next three......
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Hot sauce distributor invests in new plant

FoodBusinessNews
by FoodBusinessNews01
HIGH POINT, NC. — Hot Shots Distributing, Inc., a distributor of hot sauce and fiery food products to large and small retailers, boutiques, and gift stores, has announced plans to invest $565,000 in a new distribution and manufacturing operation in High Point. “I am very excited to be coming home......
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