The announcement comes at a time when government involvement in market-leading vanilla countries like Madagascar and tariff uncertainty in the United States are driving food and beverage brands to expand the scope of their vanilla sourcing.
The goal of these paid, full-time internships is to create hands-on business experience, offering students opportunities to work with and learn from all levels of Hormel Foods leadership.
The 2024 Sustainable Market Share Index shows CPG products marketed with sustainable attributes increased market share by 2.6 percentage points since last year
the price premium in he US market has stabilized, largely unchanged throughout the recent inflationary period. Moreover, the average price premium across all categories is at or below 5% in the European markets studied.
Nestlé’s recent expansion of its air fryer range in the US, Chile and Mexico builds on the success of its global modern cooking portfolio, already present in the UK, Australia, New Zealand, Malaysia, Singapore and China.
The development comes during a significant growth period for Kettle & Fire, including having recently secured a $43 million secondary buyout—led by strategic partner Colter Ventures—focused on growing consumer demand.
Most Americans (70%) say they are extremely or very worried about rising grocery prices, and 78% said they are at least somewhat concerned about the impact of tariffs on the cost of imported food and ingredients.
This year, a record number of products – more than 400 total – were submitted for consideration in a variety of categories, with retail leaders specializing in these powerhouse categories serving as judges.
Kraft Heinz intends to continue its evaluation of strategic transactions to unlock shareholder value. The company has not set a timetable for completion of this process and does not intend to make any further announcements regarding the process.
The deal signals PepsiCo’s continued investment in functional, better-for-you beverages, expanding its portfolio with a Gen Z-favored brand rooted in gut health and social media savvy
This acquisition marks a significant step in PepsiCo's ongoing transformation of its portfolio, reinforcing its commitment to meeting evolving consumer preferences for great-tasting, functional products. poppi, a fast-growing prebiotic soda brand, is among PepsiCo's recent acquisitions, including Siete and Sabra, aimed at aligning with consumers' modern wellness priorities.