A great outcome for founder Rachel Drori and CEO Ricky Silver, and Chobani is getting a fantastic asset in Daily Harvest.
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A great outcome for founder Rachel Drori and CEO Ricky Silver, and Chobani is getting a fantastic asset in Daily Harvest.
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The reported price tag for the organic snack maker is approximately $750 million.
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Kraft Heinz, Hershey and Molson Coors are among the firms looking for deals to boost sales and get them more exposure in fast-growing categories.
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Refrigerated items increased 7.5%, and general food and beverages saw growth of approximately 4%, according to Circana’s data.
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Industry sources predict required front-of-pack labeling could mean giving up key real estate in costly redesigns — or, more optimistically, an opportunity for some brands to modernize packaging.
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He is expected to work to eliminate processed foods from school lunches and push for the removal of dyes from cereals and other items.
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Consumer interest in better-for-you snacking and struggles in plant-based meat alternatives could make these sectors attractive for dealmaking, the bank cooperative noted.
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A major loss for consumers and the environment, as a lawsuit attempted to require farmers to have Clean Water Act discharge permits for their operations.
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The proposal to buy the organic kefir producer for $25 a share comes as Lifeway’s leadership remains embroiled in a bitter family dispute and the manufacturer faces shareholder calls to sell itself.
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More companies are incorporating these grains into their products to enhance nutrition and sustainability.
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Despite facing higher food prices, consumers are still looking towards more premium products with more nutrients and less added sodium and sugar, said Jeff Turnas, senior vice president of culinary at Whole Foods Market.
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The lawsuit claims the state’s ban on cultivated meat is unconstitutional and only seeks to protect local meat producers from competition.
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The watchdog group said perchlorate was detected in measurable levels in two-thirds of nearly 200 samples.
Read Article The market research firm said 26% of new products between January and May 2024 were genuinely new products compared to 50% in 2007.
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Uproot is expected to allow Califia to reach more consumers by expanding its presence in food service locations.
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How companies are now embracing Instagram and TikTok, and working with influencers to stay relevant.
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An unsettling development to say the least. Expect gene-edited greens to hit the market nationwide this fall.
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In case you were unsure as to Whole Foods Market’s official stance on GMOs, now you know.
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The Irish ingredients company said the acquisition will enhance its organic and natural flavor capabilities in the U.S.
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Businesses will continue working to lower their indirect emissions because of pressure from retailers and state governments, according to a sustainability tech executive.
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There’s growing concern that many in the organic food industry — importers, brokers, handlers and distributors — haven’t made the necessary compliance changes.
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As Mondelēz, General Mills and other CPG firms scour the market for deals, high asking prices could remain a sticking point preventing some purchases from taking place.
Read Article To very few people’s surprise, things are not going to plan for this genetically-engineered, lab-grown chicken brand.
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The maker of Wholesome and other sweeteners will be purchased by its largest shareholder.
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