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Home » Topics » Breaking News

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Functional Food Ingredients Market Worth $2.5 Billion by 2020

Functional food ingredients can be defined as ingredients that have the capability to add a particular benefit to the end product
July 8, 2015
The report "Functional Food Ingredients Market by Type (Protein, Vitamin, Mineral, Prebiotic & Probiotic, Hydrocolloid, Essential Oil, Fatty Acid, Carotenoid), Application (Food & Beverage), Health Benefit (Gut, Bone, Health, Immunity, Nutrition), & by Region - Global Forecast to 2020", The Functional Food Ingredients Market is projected to reach about $2.5 Billion by 2020, growing at a CAGR of about 6% from 2015 to 2020.
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BENEO Appoints Jon Peters as President

Industry veteran will expand the organization in the Americas region
July 7, 2015
BENEO, a manufacturer of functional ingredients, appointed Jon Peters to the position of President of BENEO Inc. He leads the company’s business for the Americas Region (U.S., Canada, Mexico and South America) from the U.S. headquarters in New Jersey.
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General Mills Expands Go Giant™ Healthy Eating Challenge

Green Giant, Interactive Health partner to change America's eating habits
July 7, 2015
The program, which has sparked dramatically positive behavioral changes in thousands of participants, will improve America's eating habits through a dynamic four-week program that inspires people to eat more fruits and vegetables.
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2015 sofi Award Winners Announced

Ceremony Featured Ted Allen and Chef Alex Guarnaschelli of Food Network’s Chopped
July 6, 2015
Raspberry Rhubarb Goat Milk Caramels from Big Picture Farm in Townshend, Vt. is the winner of the sofi™ Award for outstanding new product of 2015. The confection is one of 33 winners in the annual competition which honors excellence across all specialty food categories, from appetizers to pastas to vinegar.
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Kraft, Heinz Complete Merger

The transaction creates the third-largest food and beverage company in North America
July 6, 2015
The Kraft Heinz Company announced the successful completion of the merger between Kraft and Heinz.
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The Kraft Heinz Company Senior Leadership Team

Executive team to strengthen brands and global infrastructure
July 2, 2015
The announcement of The Kraft Heinz Company’s senior leadership team marks another major milestone in the soon-to-be-completed merger.
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North American Tea Championship Declares 23 Best Iced Teas

ITO EN leads the field with the most first-place 2015 'Iced Tea Class' Wins
July 2, 2015
The North American Tea Championship (NATC) --- an independent and professionally-judged tea competition in North America --- named the 23 best, premium iced teas. The evaluation was held June 11 - 12 in Montebello, Calif. at the Wilbur Curtis headquarters, and all of the high-quality winning teas are commercially available in the marketplace. Visit TeaChampionship.com.
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Report: ConAgra Foods Fourth-Quarter

EPS grows as planned; new strategic direction; exiting private label
July 1, 2015
The company’s new plans for creating long-term value center on a more aggressive approach to cost reduction, growing consumer brands (Consumer Foods segment) and Lamb Weston (within the Commercial Foods segment), as well as balanced capital allocation. Details to be shared at an investor event later this year.
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Chobani to Bring Greek Yogurt to Schoolchildren

Yogurt brand invests in better food for more schoolchildren through USDA program
July 1, 2015
The USDA program will help make authentic Chobani® Greek Yogurt available for nutrition professionals to put on school menus nationwide – allowing children to have healthy and delicious options for their lunch tray.
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Food Industry News

KYOWA HAKKO USA Hires Elyse Lovett as Marketing Manager

Lovett will manage marketing activities in North and South America
June 30, 2015
Elyse Lovett has joined the Kyowa Hakko USA Marketing Team in the role of Marketing Manager. Elyse will manage the marketing activities in North and South America.
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