Food Industry

The Nescafé maker said the additional $1 billion will allow the food giant to tap into the country’s growth opportunities.

The department will allow salt substitutes in bread, milk, condiments and other staple foods as part of an effort to reduce Americans’ sodium consumption.

The sale of B&M and Joan of Arc to McCall Farms marks the one-time serial acquirer’s latest divestiture as it focuses on its core brands and pays down debt.

The energy giant is returning to the category as innovation becomes a key piece of its growth strategy.

A Cyclospora outbreak and a series of food recalls has shaken consumer confidence and led to a shift in buying habits, according to Gallup.

 Proda is betting the celebrity backing will help the brand enter more mainstream retail outlets.

After years of sales declines amid a shift in eating habits, executives at the Froot Loops and Frosted Flakes manufacturer have a plan to give the category a wake-up call.

The beverage giant is planning to add more functional benefits to Poppi, its newly acquired better-for-you soda brand.

A regulator previously said the sale to Nortera Foods could result in higher prices, fewer choices and reduced competition.

The 11-year-old brand has been a major beneficiary of consumer demand for portability, snacking and better-for-you offerings.