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Home » Topics » Breaking News

Breaking News
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Snack Acquisition

The J. M. Smucker Company agrees to buy Sahale Snacks, Inc.
August 7, 2014

The acquisition includes a leased facility in Seattle and will add approximately 150 employees. The transaction, which is expected to close by the middle of September, is not anticipated to have a material impact on Smucker’s fiscal 2015 financial results.


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La Costeña Buys Faribault Foods

La Costeña will combine Arizona Canning and Faribault under Faribault name in Minneapolis.
August 1, 2014
La Costeña group, a privately held global leader in a wide range of packaged foods categories, said it completed its acquisition of Faribault Foods, a Minneapolis-based manufacturer of canned beans and vegetables
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Functional Food Frontier: Brain Health

Canadean says brain health will be the next frontier for functional foods and drinks.
July 31, 2014
Global market researcher Canadean, London, says that in less than 40 years, the number of people globally who are affected by dementia will triple.
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Growth Leader at Mondelez

Mondelez International names Mark Clouse as chief growth officer.
July 31, 2014
Global snacks manufacturer Mondelez International Inc., Deerfield, Ill., named Mark Clouse as chief growth officer, a newly created position.
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Millennial Spending Study

Level Money tracks consumer food, drink spending, brand loyalty, and more.
July 30, 2014
Level Money, a mobile-first financial services company, released a national report about Millennials’ spending habits.
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Kraft Canada Recruits “Food Hacker”

National talent search to find creative cook for mealtime solutions.
July 30, 2014
Kraft Canada, Toronto, knows that consumers have never been more committed to eating better.
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Cautious Consumer Spending

IRI says consumer confidence was relatively flat in Q2 2014 after dramatic gains in Q1 2014.
July 29, 2014
Consumer confidence was relatively flat in Q2 2014 after dramatically increasing in Q1 2014, according to Information Resources Inc.’s latest MarketPulse™ survey
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Satiety Science

Consumers will take more pleasure in moderation than overindulgence, according to research from the Stanford Graduate School of Business.
July 25, 2014
The next time you are tempted at the cocktail reception to gulp your wine before you head to the table, think again.
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New Product Trends

IFIC: “More Consumers Think Health”

Survey data show more American consumers considering healthfulness when purchasing foods and beverages.
July 23, 2014
During the past two years, more American consumers considered healthfulness when purchasing their foods and beverages.
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Growing Gluten-free

A new report estimates the size of the world's market for gluten-free products over the next five years.
July 11, 2014
The report estimates the market will reach $6,839.9 million by 2019.
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