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Mintel predicts total market sales to rebound to pre-pandemic levels by 2023, with limited-service restaurants (LSRs) including fast food and fast casual restaurants, bouncing back more quickly and representing a notably larger share of the market.

Tyson Foods, Inc. announced that Dean Banks will succeed Noel White as chief executive officer, while maintaining the role of president, effective October 3, 2020.

Idahoan Foods announced Richard Hoelzel as corporate executive chef, foodservice. In his new role, Hoelzel will work closely with Idahoan’s current and future customers on menu engineering as well as supporting new product development.

Pinneri will succeed Ron Friedman, who has led the company since 2014. Friedman will remain the company’s chief executive officer and managing shareholder.

Golden West Food Group and Cooks Venture – a vertically integrated food company re-envisioning the future of agriculture – announced the closing of a $10 million Series A investment. Earlier this year, Golden West Food Group led a $4 million investment for the regenerative agriculture start-up expanding its distribution nationwide. 

AOG, LLC d/b/a TruFood Manufacturing, a snack food contract manufacturer, backed by AUA Private Equity Partners, LLC, announced the acquisition of Simply Natural Foods, a leader in the better-for-you co-manufacturing segment.

CHERRiSH is a functional beverage with health properties to strengthen a natural line of defense. The company announced that its 12oz ready-to-drink 100% Montmorency tart and sweet Bing cherry juices are now available in the produce section of 61 Washington and Oregon QFC stores.   

PURE Bioscience, Inc., creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, announced the appointment of Jason Kawata as its new vice president of technology, food division.

Vive Organic, makers of doctor crafted, cold-pressed wellness shots, announced the closing of a $13-million Series B funding round led by Monogram Capital with participation by Cambridge SPG and Powerplant Ventures.

Sensei Ag continues the spirit and draws upon the technological foundations of its sister company Sensei Retreats. With the shared vision of helping people live longer, healthier lives, Sensei Ag will take the learnings of its pilot farm on Lāna’i across the globe and bring hyper-local, nutrient-rich, affordable food to developed and emerging economies.