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Industry Roundup |
Packaged Food
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Condiments, Dressings & Sauces
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Researchers replace EDTA in mayonnaise with clean rosemary extract, creating product with higher overall acceptance upon shelf storage; clean extract also did not interfere with the identity, sensitivity of the mayonnaise, unlike with conventional extract
Applied Food Research (05/18)
LiDestri Foods recalls 24 oz. jars of Wegman's Italian Classics Diavolo pasta sauce because of undeclared anchovy; product sold in North Carolina, Delaware, District of Columbia, Maryland, Massachusetts, New Jersey, New York, Pennsylvania, Virginia
CBS - 17 WNCN (05/18)
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Savory Snacks
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Utz Brands announces limited-time offering of new Utz Mike's Hot Honey Potato Chip, available in 2.6, 7.8 and 13 oz. bags
Business Wire (05/18)
Executive Perspective: Utz Brands believes it is well positioned to take on all comers in the savory snacks category, including pretzels, says CEO Howard A. Friedman
Industry Intelligence Inc. (05/18)
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Confectionery & Sweet Snacks
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Natural Grocers by Vitamin Cottage announces recall of Vanilla Crunch Dark Chocolate Bar because product may be contain undeclared hazelnuts, cashews and/or almonds
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (05/18)
Lactalis Nestle Chilled Desserts UK announces expansion of its desserts range with Milkybar Gold White Chocolate Caramel Creme Dessert, available at Tesco stores with a four-pack variant available beginning in July
The Grocer (05/18)
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Coffee
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ALPLA rolling out new generation of biodegradable coffee capsules for the Blue Circle brand as a solution made of an organic material; the recyclable solution stands out in terms of odor and taste neutrality, and offers improved barrier properties
Alpla Werke Alwin Lehner GmbH & Co. KG (05/18)
Lavazza announces grand opening of new training facility in Chicago; the company opened training centers in Miami and West Chester, Pennsylvania, last year
PR Newswire (05/18)
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Packaged Foods
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Ingredion releases its 2022 sustainability report; highlights include promoting regenerative agriculture with customers and expanding projects with growers by 45,000 acres
GlobeNewswire (05/18)
Danone Southern Africa announces appointment of Tsholofelo Ngobeni as its first female head of manufacturing
Bizcommunity (South Africa) (05/18)
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Vitamins / Supplements
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Pet Honesty expands national retail presence with Tractor Supply Company, Pet Supplies Plus, as well as 875 independent pet stores, to make footprint total of over 5,000 stores; brand offers natural pet health supplements with innovative packaging design
Pet Insight Magazine (05/18)
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Fresh Food
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Fruits, Vegetables & Salads
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Illinois woman files class action lawsuit against Aldi, claiming the company purposely misrepresents its Lunch Buddies cherry mixed fruit product as containing '100% fruit juice'
Madison-St. Clair Record, The (05/18)
Andritz expands into alternative protein production for foods; new offering to assist businesses with scaling up protein sources such as peas, pulses, lentils, insects, animal residues, with plans to expand into more sources in near future
Andritz AG (05/18)
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Cold Cuts / Processed Meats
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Dickey's Barbecue announces limited-time offering of new Mac & Cheese Sausage, featuring a smoked kielbasa-style pork sausage, spices and smoked brisket stuffed with macaroni and cheddar cheese
Industry Intelligence Inc. (05/18)
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Protein
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Protix's wet pet food containing insect protein shows acceptance by 94% of dogs, 81% of cats in recent trial; tests revealed cats, which are known for slowly adapting to a new diet, showed a positive reaction to the insect protein-based pet food
PetFoodIndustry.com (05/18)
Researchers as Hiroshima University use genome editing to remove ovomucoid protein, or OVM, from eggs; OVM is the cause of many egg allergies
Interesting Engineering (05/18)
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Fish / Seafood
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Executive Perspective: Premium Brands Holdings is in 'quite advanced' talks to acquire a business in British Columbia similar to its Clearwater Seafoods subsidiary, says CEO George Paleologou
just-food.com (05/18)
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Dairy/Alternatives
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Milk / Milk Alternatives
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Researchers develop biodegradable food packaging materials with straw core/cellulose nanofiber composite; materials show 'good' water vapor, UV barrier, antimicrobial properties, increased strength, and prevent weight loss, spoilage of fresh garlic, milk
Industry Intelligence Inc. (05/18)
Five people sick in France, including two with serious illness, and one in Belgium after drinking a brand of raw fermented milk contaminated with E. coli
Food Safety News (05/18)
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Dairy Products / Dairy Alternatives
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USDA considering a chocolate milk ban in elementary and middle school cafeterias based on its added sugar content
WITI-TV (05/18)
California’s dairy industry could reach net-zero before the end of the decade through ‘aggressive’ methane mitigation, according to UC Davis research; California is currently required to cut down its methane emissions by 40% before 2030
FoodNavigator.com (05/18)
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Pet Care
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Pet Food
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CULT Food Science starts shipping samples of Noochies! pet foods and treats to early North American adopters; products use a combination of cell culturing and a novel freeze dry method to create ingredients
PetFoodIndustry.com (05/18)
Berry Global Group, Peel Plastic Products, ExxonMobil are working together to integrate ISCC PLUS certified-circular plastics into pet food packaging for household brand names; collaboration leverages ExxonMobil's Exxtend technology for advanced recycling
Berry Global Group Inc. (05/18)
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Non-Alcoholic Beverages
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Drinking Water
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Open Space Institute and two conservancies create new nature preserve in northern New Jersey; protected lands will safeguard forests critical for wildlife habitat and clean drinking water within greater Delaware River Watershed
Open Space Institute (05/18)
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Carbonated Soft Drinks
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Pepsi and Bad Bunny launch ‘Press Play On Summer’ campaign in which select, limited-edition 20 oz. bottles feature a QR code that unlocks up to three months of free Apple Music; consumers also have chance to win one of over 100,000 instant prizes
PR Newswire (05/18)
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Energy Drinks / Shots
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Executive Perspective: Celsius Holdings leveraging its PepsiCo partnership to reach US$1B in sales while exploring how to bring consumers into the category with unique flavors, says CEO John Fieldly during the Goldman Sachs Global Staples Forum
FoodNavigator.com (05/18)
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Alcoholic Beverages
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Whiskey / Bourbon
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Romulan Ale Rye whiskey, launched in late 2022 by Spirits That Rock, features custom-designed, high-end glass bottle that duplicates the details of the prop bottle for Romulan Ale, a spirit first seen in the film ‘Star Trek II: The Wrath of Khan’
Packaging Digest (05/18)
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Alcoholic Beverages
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Molson Coors declares dividend of US$0.41/Class A and B common share, payable June 15 to stockholders of record on June 2
Business Wire (05/18)
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Packaging
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Retail Food Packaging
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Market Watch report finds global anti-counterfeit packaging in consumer goods market valued at US$93.14B in 2022, predicted to reach US$166.81B by 2029, showcasing CAGR of 10.2%; in terms of application, food and beverage industry claims largest share
MarketLine (05/18)
Good Natured Products to supply GoodGuard tamper-evident packaging to a regional US snack food producer that distributes across several Texas retailers; packaging will use a customized Bio-PET formulation alongside traditional PET, rPET or PCR packaging
Newsfile Press Release Wire (Canada) (05/18)
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Retail Beverage Packaging
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Arca Continental, a Mexico-based Coca-Cola bottler, reports that 98% of its packaging is recyclable and offers alternatives to consumers to give multiple lives to containers; company has also achieved an average of 50% recycled resin in its packaging
CE Noticias Financieras (Latin America) (05/18)
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Foodservice Packaging
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McDonald's operator Arcos Dorados announces that 84% of packaging in Argentina is plastic-free by replacing straws, salad bowls and other containers with packaging made of other materials that reduce or completely eliminate use of plastic
CE Noticias Financieras (Latin America) (05/18)
Arcos Dorados, the franchise operator of McDonald's in Mexico and two dozen other countries in Latin America and the Caribbean, has reduced 88% of its plastic packaging; also, McDonald's Mexico reports that 92.2% of its packaging does not contain plastic
CE Noticias Financieras (Latin America) (05/18)
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Ingredients
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Food & Beverage Ingredients
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California's State Assembly approves first-in-the-nation bill to rid food products of five toxic chemicals--brominated vegetable oil, potassium bromate, propylparaben, red dye 3, titanium dioxide--linked to cancer and developmental issues in children
WGHP-TV (05/18)
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Fruit Farming
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Florida's state budget allocates approximately US$65M to the state's citrus industry, including US$38M for citrus research
Industry Intelligence Inc. (05/18)
Cherry growers and shippers in US Pacific Northwest expecting cherry crop of up to 21 million boxes this year, up from 12.4 million boxes in 2022
Industry Intelligence Inc. (05/18)
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Animal Farming / Meat Production
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Commentary: US pork and beef prices could fall by up to 60% if country were to suffer from African swine fever, foot and mouth disease; over 10 years, US could lose US$79.5B for ASF alone to US$231B for ASF-FMD dual outbreak in pork and beef sectors
National Hog Farmer (05/18)
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Plant Extracts / Plant-Based
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Beyond Meat announces launch of the new Beyond Smashable Burger for the US foodservice channel; the 2.5 oz. patties contain 13 grams of plant-based protein each
Beyond Meat Inc. (05/18)
DERMA E unveils Advanced Peptides & Flora Collagen Cryo-Gel Mask; product delivers plant-based collagen and anti-aging multi-peptides to promote skin recovery, improve elasticity and firmness
Business Wire (05/18)
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Retailing
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Supermarket
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Metro President, CEO Eric La Fleche to hold conference in French on May 25; La Fleche will share his vision for the company, which is focused on the health and well-being of communities, as well as steps it is taking to modernize its supply chain
Metro Inc. (05/18)
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Club Store
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Walmart CEO says company continues to gain market share in the grocery category, including with higher income and younger shoppers; Sam's Club's US member count and Plus member penetration also hit all-time highs in Q1
Retail Dive (05/18)
Walmart's Q1 consolidated net income attributable to company down 18.5% year-over-year to US$1.67B • revenue up 7.6% to US$152.3B • operating income up 17.3% • e-commerce up 26% globally • advertising up over 30% • Sam's Club comp sales up 7.0%
Walmart Inc. (05/18)
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Point-of-Purchase (POP) / In-Store Display
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Sappi's Cloquet Mill celebrates 125th anniversary this summer; since buying mill in 2002, Sappi has diversified mill's products, such as dissolving pulp, photo albums, store displays, and plans to produce release liner for labels, tags later this year
Duluth News-Tribune (MN) (05/18)
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Stock
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Latest: May, 18 2023
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Anheuser-Busch InBev NV (ABI) :EBR
|
54.36
|
55.56
|
-2.16%
|
-0.15%
|
Asahi Group Holdings Ltd. (25020) :TYO
|
5,573.00
|
5,576.00
|
-0.05%
|
30.42%
|
Campbell Soup (CPB)
|
52.85
|
53.58
|
-1.36%
|
14.34%
|
Coca-Cola Company (KO)
|
62.80
|
63.15
|
-0.55%
|
2.61%
|
Conagra Foods (CAG)
|
35.80
|
36.69
|
-2.43%
|
10.73%
|
Constellation Brands (STZ)
|
232.15
|
230.72
|
0.62%
|
-2.07%
|
Danone SA (BN) :EPA
|
59.19
|
59.10
|
0.15%
|
4.58%
|
Diageo plc (DGE) :LON
|
3,500.00
|
3,553.50
|
-1.51%
|
-8.76%
|
General Mills (GIS)
|
88.50
|
89.85
|
-1.50%
|
30.98%
|
Heineken NV (HEIA) :AMS
|
101.65
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104.30
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-2.54%
|
8.02%
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Hershey Company (HSY)
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266.84
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267.50
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-0.25%
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28.48%
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JBS SA (JBSS3) :BVMF
|
16.22
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16.17
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0.31%
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-55.26%
|
Kellogg Company (K)
|
69.05
|
69.16
|
-0.16%
|
-0.39%
|
Keurig Green Mountain (GMCR)
|
91.67
|
91.67
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0.00%
|
0.00%
|
Mondelez International Inc. (MDLZ)
|
77.27
|
77.23
|
0.05%
|
26.80%
|
Monster Beverage (MNST)
|
59.85
|
59.65
|
0.34%
|
-30.91%
|
Nestle SA (NESN) :VTX
|
113.28
|
114.46
|
-1.03%
|
-7.60%
|
Pepsico (PEP)
|
191.56
|
192.06
|
-0.26%
|
17.05%
|
Pernod Ricard (RI) :EPA
|
213.30
|
214.10
|
-0.37%
|
11.53%
|
Suntory Holdings Ltd. (25870) :TYO
|
5,440.00
|
5,410.00
|
0.55%
|
7.30%
|
The Kraft Heinz Co. (KHC)
|
38.91
|
38.91
|
0.00%
|
-0.33%
|
Unilever plc (ULVR) :LON
|
4,315.00
|
4,343.00
|
-0.64%
|
17.70%
|
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|
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