Company purchases Garden Fresh Gourmet to support fresh food, supermarket perimeter efforts
June 18, 2015
Campbell Soup's announced the acquisition of Garden Fresh Gourmet—a Ferndale, Michigan-based marketer of refrigerated salsa, hummus, and dips—reflects an industry-wide shift among food manufacturing giants to the fresher, livelier supermarket perimeter and to natural/organic products.
Archer Daniels Midland Company announced that it has acquired tree nut and seed processing assets and operations in Modesto, California, from California Gold Almonds.
Action expected to reduce coronary heart disease and prevent thousands of heart attacks every year
June 17, 2015
Based on a thorough review of the scientific evidence, the U.S. Food and Drug Administration today finalized its determination that partially hydrogenated oils (PHOs), the primary dietary source of artificial trans fat in processed foods, are not “generally recognized as safe” or GRAS for use in human food. Food manufacturers will have three years to remove PHOs from products.
North America is expected to be the most promising market for alternative sweetener in the near future
June 17, 2015
According to a new market report published by Transparency Market Research "Alternative Sweetener Market - Global Industry Analysis, Size, Share, Growth and Forecast 2015 - 2021", global alternative sweetener market was valued at USD 11,538.6 million in 2014 and is expected to reach USD 15,466.7 million by 2021, growing at a CAGR of 4.2% from 2015 to 2021.
Effort moves to grow state’s future of healthy food, economic development
June 17, 2015
The lack of access to affordable and nutritious food has serious implications for the health of our children and families—more than 30 percent of Michiganders are obese, the second highest rate of obesity in the Midwest region. Communities of color are disproportionately impacted.
Company grows smoothie outfit to more than 400 locations worldwide
June 16, 2015
Scottsdale-based Kahala Brands™, a participant in the QSR industry, announced that it now controls 100 percent of the Planet Smoothie® (www.planetsmoothie.com) and Tasti D-Lite™ (www.tastidlite.com) franchise brands headquartered in Brentwood, Tenn.
Co-founder and CEO resigns, board initiates search process for permanent CEO
June 15, 2015
Boulder Brands, Inc. announced that Steve Hughes has resigned as Chief Executive Officer and as a member of the Boulder Brands Board of Directors effective immediately. The Boulder Brands Board of Directors has appointed James B. Leighton, the Company's Chief Operating Officer, to serve as Interim CEO, effective immediately. Mr. Leighton has served as Chief Operating Officer since October 2013 and has been a member of the Boulder Brands Board of Directors since August 2007.
Previous studies have shown that the brains of obese people have a greater response to pictures of food than those of lean people
June 12, 2015
This study, presented at the American Diabetes Association's 75th Scientific Sessions, sheds light on how GLP-1 receptor agonists alter the brain's response to food, possibly reducing cravings and increasing satisfaction while eating.
Transaction moves company closer to better-for-you branded and private label snack products
June 12, 2015
Permira, a international private equity firm, announced that a company backed by the Permira funds has signed definitive agreements to simultaneously acquire Medora Snacks, LLC (“Medora”) and Ideal Snacks Holding Corporation (“Ideal”).
Healthy economic growth, changing demographic profile, increasing disposable incomes, and changing consumer tastes and preferences are key factors influencing growth
June 11, 2015
According to a new market report published by Transparency Market Research "Specialty Ingredients Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021," Global Specialty Ingredients Market was valued at USD 205.2 billion in 2014, growing at a CAGR of 6.6% from 2015 to 2021 to account for USD 320.6 billion in 2021.