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Uncle Matt's Organic Joins Dean Foods

Acquisition will support growth of important organic juice brand, underscores Dean Foods' commitment to healthy foods
June 29, 2017
Dean Foods Company announced that it has acquired Uncle Matt's Organic®, an organic juice company. Uncle Matt's Organic will continue operating the business out of its offices in Clermont, Fla., as a subsidiary of Dean Foods Company.
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IFF Launches Tastepoint

The new company is designed to service the dynamic middle-market customer in North America
June 27, 2017
Tastepoint by IFF represents the merger of David Michael & Co. and Ottens Flavors, two esteemed companies with long histories in the industry and reputations for outstanding service and products.
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Food and Beverage Industry Trends

Dairy Alternatives Market Worth $14 Billion

Dairy alternatives are expected to grow at a CAGR of 11.7% from 2017, to reach $14.36 Billion by 2022
June 23, 2017
The growth of this market can be attributed to the growing inclination toward vegan, especially plant-based food, growing lactose intolerance among a large section of the population, and rising demand for various innovative dairy-free applications.
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Food Industry News

Xingfa Expands Executive Team

J. Bryan Kitchen will be responsible for delivering accelerated, localized growth across Xingfa’s operating segments
June 21, 2017
J. Bryan Kitchen joins the Xingfa team as President, North America and Larry Esposito has been appointed as Business Vice President, Food & Beverage, Pharma & Nutrition and Infrastructure for Xingfa.
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Hilary’s Makes Distribution Gains

Hilary’s expands dressings and vinaigrettes to select Kroger stores
June 20, 2017
Hilary’s, a creator of convenient and culinary foods made from real ingredients and free-from common allergens, announced that several flavors of its contemporary organic dressing portfolio, including Ranch Chia Dressing, Apple Fennel Dressing, Chili-Lime Vinaigrette and Beet Vinaigrette, are now available at 950 Kroger locations nationwide.
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American Almond Opens New Facility

Facility in Pennsauken, NJ, primarily produces almonds, macaroons, nut flours and kernel paste
June 20, 2017
The Barry Callebaut Group – a leading manufacturer of high quality chocolate and cocoa products – and American Almond were joined by their customers and local community to celebrate the grand opening of their new facility in Pennsauken, New Jersey.
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Specialty Food Association, FMI Announce Alliance

The relationship will bring together SFA and FMI members to strengthen business development
June 16, 2017
Food safety experts from FMI will lead educational opportunities at the SFA's Summer Fancy Food Show.
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Amazon to Acquire Whole Foods

The all-cash transaction is valued at approximately $13.7 billion
June 16, 2017
Amazon and Whole Foods Market, Inc. announced that they have entered into a definitive merger agreement under which Amazon will acquire Whole Foods Market for $42 per share in an all-cash transaction valued at approximately $13.7 billion, including Whole Foods Market’s net debt.
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Firmenich Appoints New Leadership

Julien Firmenich will lead the Ingredients Business Unit as Vice President of Ingredients
June 12, 2017
Firmenich appointed of Julien Firmenich as Vice President of Ingredients. In this role, he will lead the Ingredients Business Unit with a focus on breakthrough innovation, creativity and long term value creation.
Read More
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Ciao Bella Partners With Diageo

Premium Gelato and Sorbetto Brand Introduces its New Baileys Sea Salt Caramel Gelato crafted with the flavor of Baileys® Original Irish Cream
June 9, 2017
Ciao Bella and Baileys continue to collaborate and plan to launch new flavors in the future.
Read More
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