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Home » food and beverage industry

Articles Tagged with ''food and beverage industry''

popchips Names David Ritterbush CEO

Veteran CPG executive brings track record of driving growth opportunities
November 9, 2015
popchips previous CEO, Paul Davis, will expand his role on the board of directors, joining Founder Keith Belling as Co-Chairman.
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Cargill to Modernize North American Cocoa, Chocolate Business

In early 2016, Cargill will take steps to improve and expand its chocolate, compound and chocolate liquor production
November 5, 2015
In early 2016, Cargill will continue to take steps to improve and expand its chocolate, compound and chocolate liquor production offerings and services for North American food and beverage companies.
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Frozen Food Market Expected to Reach $306 Billion by 2020

North America and Europe together account for nearly 72% of the total market revenue
November 4, 2015
According to a new report published by Allied Market Research titled, "World Frozen Food Market"- Opportunities and Forecasts, 2014-2020," the global frozen food market would garner revenue of $306 billion by 2020, registering a CAGR of 4.1% during the forecast period of 2015-2020.
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Food Industry News

Bunge, Solazyme Expand Joint Venture

Global teams to jointly commercialize algae oils and ingredients for sustainable, healthier foods
November 3, 2015
Manufacturing will take place in the JV’s world-class fully operational facility in São Paulo state, Brazil, site of the largest aerobic fermentation vessels in the world.
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Consumers Turn to Retail Outlets for Prepared Meals, Snacks

Fast food retail purchases per customer add over six visits compared to quick service restaurants in average four-week period
November 2, 2015
Supermarkets and convenience stores (c-stores) are raising the bar on their foodservice offerings and an increasing number of consumers are choosing these outlets for their prepared meals and snacks in addition to quick service restaurants (QSRs), reports The NPD Group, a leading global information company.
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Food Industry News

Houlihan Lokey Advises Quorn Foods

The transaction is expected to close by October 30, 2015
October 29, 2015
The company's sales in 2014 were £150.3 million.
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Snyder's-Lance to Acquire Diamond Foods

Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion
October 29, 2015
Snyder's-Lance, Inc. and Diamond Foods, Inc. announced that they have entered into a definitive agreement under which Snyder's-Lance will acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of indebtedness.
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Fresh Food Packaging Market Worth $95 Billion by 2020

The report also identifies factors driving and restraining the market along with analysis of trends
October 26, 2015
The report also identifies the factors driving & restraining the market along with analysis of trends, opportunities, winning imperatives, and challenges.
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Hormel Foods Names New President, COO

James P. Snee assumes new role, succeeding Jeffrey M. Ettinger
October 26, 2015
Snee was also appointed to the Board of Directors. Snee succeeds Jeffrey M. Ettinger, 57, who has served as president since 2004. Ettinger will continue to serve as the company’s chairman and chief executive officer.
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Steal This Formulation!

Suppliers don’t want to be product manufacturers, yet some are feeling forced into it
David Feder
David Feder , RDN
October 21, 2015
In my rebellious youth, one of the big symbols of the counterculture movement was Abbie Hoffman’s 1971 manifesto, “Steal This Book.” In many ways, the title was the best part. Inside, the guide for waging protest against the military-industrial complex was both heavy on the impractical and rapidly obsolete.
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