News
News RSS Feed RSS

Food Industry News

Permira Funds to Acquire Maker of PopCorners

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”).
Read More

Specialty Ingredients Market Expected to Reach $320 Billion in 2021

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.
Read More

Campbell to Acquire Garden Fresh Gourmet

Move extends company’s presence in faster-growing packaged fresh category
June 10, 2015
Campbell Soup Company announced it has entered into an agreement to acquire the assets and business of Garden Fresh Gourmet for $231 million. Garden Fresh Gourmet is the No. 1 branded refrigerated salsa in the U.S. and also makes hummus, dips and tortilla chips.
Read More

Teavana Celebrates National Iced Tea Month

85% of tea consumed in America is iced tea, and loose leaf iced tea is gaining in popularity
June 10, 2015
To celebrate National Iced Tea Month, Teavana is encouraging iced tea drinkers to reimagine and up-level their iced tea experience, with an invitation to come in to a participating Teavana® store to learn how to easily make iced tea at home and enjoy a free 16-ounce Pineapple Berry Blue iced tea on National Iced Tea Day, June 10, while supplies last.
Read More
Food and Beverage Industry Trends

Iconic Brands Fall Out of Favor

How big food and beverage companies can remain relevant to U.S. consumers
June 9, 2015
Bank analysts predict that unless large F&B brands take bold action, they run the risk of following baby boomers (once their core consumer) into retirement.
Read More

General Mills Backs Organic Foods Quality, Quantity

New investment comes on the heels of the company’s announcement to nearly double its natural and organic sales to $1 billion by 2020
June 9, 2015
General Mills is investing $50,000 to support the Canada-based Prairie Organic Grain Initiative (POGI), a multi-year program aimed at building resiliency and stability in the organic field crop sector while increasing the quantity and quality of organic field crops in Canada.
Read More

Marshfield Food Safety Commemorates New Chemistry Division

Marshfield Food Safety is a commercial food testing laboratory that provides biological and chemical analysis of foods
June 9, 2015
The events drew Food Safety Specialists from industry, independent Consultants for food safety, plus regional leaders from agriculture and food industry organizations.
Read More
Food Industry News

Cold Chain Logistics Market Forecasts

Global 2020 and Chinese 2017-2018 are included in new reports
June 8, 2015
Global and Chinese Market Scenario, China Cold Chain Logistics Market Report, 2014-2017 and Research Report on Cold Chain Logistics Industry in China, 2014-2018 are now available with ReportsnReports.com.
Read More

Barry Callebaut to Acquire Assets of American Almond

Barry Callebaut Group to further expand North American portfolio of specialty/nut-based products for both its gourmet and industrial business
June 8, 2015
The Barry Callebaut Group has signed an agreement to acquire the customer portfolio, brands, recipes, and manufacturing equipment from nut products manufacturer American Almond Products Co., Inc.
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