Last month was hectic. Several key conferences and expos land in March, and they provide material to keep food and beverage industry editors busy all year.
Optimism shines through despite economic and environmental challenges
April 6, 2015
Industry growth and sales in 2014 has led the foodservice packaging industry to forecast even greater optimism for 2015 than last year, according to an annual survey conducted by the Foodservice Packaging Institute (FPI).
Wind Point invests in manufacturer of dairy-based, shelf-stable food and beverage products
April 3, 2015
Wind Point Partners, a Chicago-based private equity investment firm, announced it has acquired Gehl Foods. Headquartered in Germantown, Wisconsin, Gehl Foods is a leading manufacturer of shelf-stable, dairy-based products including cheese sauces, puddings, yogurt and dairy-based nutritional beverages. The Company’s products are sold through both foodservice and retail channels.
Demographic trends and protein-food inflation create growth opportunities
April 2, 2015
As growth picked up moderately in the U.S. consumer packaged goods (CPG) industry in 2014, small- and medium-size companies continued clawing away market share from their larger competitors, a trend that has been at work for the last several years, according to a new study by The Boston Consulting Group (BCG) and Information Resources, Inc. (IRI).
Leaders will focus on driving returns, accelerating growth
April 1, 2015
Prior to joining the Ethanol group in 2007, Willis’ broad-based ADM tenure included experience as commercial manager of three large oilseeds crush plants. He also managed origination and transportation assets within the company’s Agricultural Services business unit.
Beyond Meat to roll out organic food ingredient manufacturer's flagship product in two product lines
March 26, 2015
NutriFusion®, a provider of natural nutrition and phytonutrient products for food manufacturers, announced an agreement with Beyond Meat®, a leading developer of plant-based products that replicate the texture and taste of meat.
CPG industry veteran brings extensive global leadership experience and consumer-centric mindset to role
March 26, 2015
Mondelez International announced that Robin Hargrove, 49, will become Executive Vice President, Research, Development and Quality, effective April 1. In this role, he will report to Chief Growth Officer Mark Clouse and be responsible for all product and packaging development, research, nutrition, quality, food safety and scientific affairs activities worldwide.
Merger will create the third largest food and beverage company in North America and the fifth largest food and beverage company in the world
March 25, 2015
H.J. Heinz Company and Kraft Foods Group, Inc. announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company, forming the third largest food and beverage company in North America with an unparalleled portfolio of iconic brands.
Factors such as high prevalence rate of lifestyle diseases, growth in funding for protein engineering, and reduction in overall cost for drug discovery are the major drivers
March 24, 2015
The Protein Engineering Market is segmented on the basis of product, technology, protein type, end user, and region. By product, the protein engineering market is categorized into instruments, reagents, and services and software. The instruments segment accounted for the largest share-41.4%-of the global protein engineering market in 2014.
