Breaking News
Breaking News RSS Feed RSS

Food Industry News

Base Culture Paleo Baked Goods Expands Facility

The new facility is now expected to produce up to one million Base Culture products per day
December 1, 2016
Base Culture's new office space will accommodate growing demand for the popular bakery's gluten-free desserts and breads.
Read More
GNP_BareChick_900

Pilgrim’s Pride to Acquire GNP Co.

GNP Co.'s operational competencies and use of innovative technologies, including gas stunning, aeroscalding and automated deboning, will enable Pilgrim's to significantly increase the rate of adoption of new technologies in existing facilities
November 30, 2016
It is anticipated that the proposed transaction would close during the first quarter of 2017, subject to regulatory review and approval and customary closing conditions.
Read More
TysonFoods_900.jpg

Tyson Foods Names New CEO

Tom Hayes will succeed Donnie Smith as chief executive officer on Dec. 31, 2016
November 29, 2016
Prior to his role as President, Hayes was chief commercial officer at Tyson Foods, overseeing all North American sales.
Read More
AccentureGraph_900

The Impact of Product Innovation Focus

Accenture has quantified the economic and financial impact of leading innovation and product development practices for the eight industries
November 29, 2016
A focus on distinct innovation and product development capabilities is paying off for some companies as they deliver between 3-7% higher annualized revenue than their peers, Accenture research shows.
Read More

Organic Food Market to Grow at CAGR 14% Until 2021

Growing awareness among consumers about health benefits of consuming organically produced food drives upward trajectory
November 28, 2016
In 2016, about 43.7 million hectares of agricultural land was under organic cultivation, which was managed by over 2.3 million producers across the globe.
Read More
Bai-Black_web

DPS to Acquire Bai Brands LLC for $1.7 billion

Founder Ben Weiss will continue to lead brand
November 22, 2016
Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present-value basis and will be financed through new unsecured notes and short-term commercial paper, the company says.
Read More
KeVita Sparkling Probiotic Drink

PepsiCo announces definitive agreement to acquire KeVita

Acquisition expands PepsiCo’s health-and-wellness offerings
November 22, 2016

Purchase, N.Y.-based PepsiCo Inc. announced that it has entered into a definitive agreement to acquire Oxnard, Calif.-based KeVita, a producer of fermented probiotic and kombucha beverages.


Read More

2017 FABI Awards Now Open

National Restaurant Association is now accepting submissions for 2017 Food and Beverage Industry (FABI) Awards
November 21, 2016
The National Restaurant Association® (NRA) is accepting applications for the 2017 FABI Awards, its annual celebration of the year's most impactful food and beverage products. Award recipients will be recognized at NRA Show®, which runs May 20-23, 2017, at McCormick Place in Chicago.
Read More
NewFoodLabel_900

Dietary Guidelines, Label Highlight Added Sugars

Beverage companies using natural sweeteners prior to regulations
November 18, 2016

With the release of the 2015-2020 Dietary Guidelines for Americans earlier this year followed by the US Food and Drug Administration’s new Nutrition Facts label, many changes are in store for consumer packaged goods (CPG) manufacturers. Among those changes, mainstream media has given its share of attention to one ingredient category: sugar.


Read More

Unlock the Future of Food and Beverage Innovation

Are you a leader in research & development? Stay ahead of the curve with Prepared Foods, the premier source of information and insights for today's trend leaders and taste-makers in food and beverage manufacturing.

JOIN TODAY