Food Industry

The deal would be the largest in the flavor giant’s history and create a condiment portfolio that includes Frank’s RedHot and Hellmann’s mayonnaise.

Despite changes in the investment landscape, startups remain “critical” for big food companies to remain competitive, according to Cargill and PepsiCo.  

The snack bar brand wants to deepen its presence in the energy space, while craft brewer Dogfish Head bets big on RTD.

The snacks giant is ensuring that cleaner ingredients don’t compromise taste or color, especially as consumers send mixed messages around what they want.

The Oreo maker’s venture capital arm is prioritizing innovation with better-for-you ingredients, but admits it’s “skeptical” of some emerging health trends.

The Reese’s maker also announced several leadership changes, including expanding the oversight of sweets head Andrew Archambault to include the full U.S. portfolio.

A new line set to be released in June comes as more consumers use the CPG giant’s soups as an ingredient in home meals.

The divestiture marks the latest move by the Cheerios maker to improve margins and reposition its business for growth amid a challenging environment.

New partnerships with Shiru and Holobiome reflect how the ingredients supplier is working to accelerate innovations that support gut health or provide other benefits.

The food giant’s Vital Pursuit brand, aimed at GLP-1 users, is experiencing wider reach as the company benefits from better-for-you and convenience trends.