Food Industry

The acquisition gives the produce giant a path to enter the ready-made guacamole market and expand its portfolio to include tomatoes and papayas.

While the category is gaining market share with fresh flavors and ideas, competition from other beverages is cutting into sales.

Sparkling beverages broaden the company’s ambitions to bring protein to new channels as the alternative meat category struggles.

Companies are still pursuing sustainable packaging strategies even though they’ve toned down public messaging about it, according to a report.

Nico Amaya, the company’s North America president, discusses why product development has moved away from a one-size-fits-all solution and the role that AI is playing in his business.

The expansion comes as the food giant struggles to meet consumer demand for high-protein dairy products.

The grocer’s move reflects an effort by the FDA to eliminate synthetic colors from the nation’s food supply.

The coconut water brand, with more than $500 million in annual sales, is going back to its roots to help boost revenue and attract younger consumers.

Dolf van den Brink is leaving at the end of May as the company implements a reorganization plan.

The functional beverage brand is championing balance instead of abstinence, bucking a trend among nonalcoholic brands.