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Industry Roundup |
Packaged Food
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Baked Goods
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Sweden-based bakery Liba Bröd invests in an automated tray forming machine from Stora Enso, resulting in corrugated board trays that use almost 20% less material; the machine offers a safer closed system for operators to work, minimizes changeover time
Stora Enso Oyj (04/11)
Bimbo Canada transitioning its plastic bread bag tags to KLR Systems' compostable, paperboard bread bag clips on all bread products; company anticipates completion by June, says move will reduce its single-use plastic by approximately 200 tonnes annually
CNW Group Ltd. (04/11)
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Savory Snacks
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Loblaw settles pricing dispute with Frito-Lay Canada, says brands including Cheetos, Doritos and Ruffles will be back on store shelves by Easter weekend
Canadian Press (04/11)
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Confectionery & Sweet Snacks
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California federal judge refuses to grant motion to dismiss a proposed class action accusing Nestle USA of allegedly deceptively marketing its chocolate products as sustainably sourced despite obtaining cocoa from farms reliant on child slave labor
Confectionery & Biscuit Processing (04/11)
Cadbury Creme Egg is the favorite Easter candy in the US, followed by Reese's Peanut Butter Eggs and Starburst Jelly Beans, according to survey by The Harris Poll and Instacart; Hershey's Milk Chocolate Kisses, Lindt's Milk Chocolate Bunny also in top 10
Candy & Snack Today (04/11)
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Cereal Products
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FDA investigating reports of people feeling stomach pain after eating Lucky Charms cereal; more than 1,300 people have complained about nausea, diarrhea and abdominal cramps after consuming the cereal
The Daily Beast (04/11)
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Frozen Food
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Nestle's DiGiorno brand announces launch of new frozen Breakfast Croissant Crust Pizzas, available in three varieties: Cinnamon Roll, Eggs Benedict Inspired, and Sausage & Gravy
Chew Boom (04/11)
Perdue Farms announces limited-edition offering of new Chicken Handhelds, featuring a frozen soft-baked bread filled with a blend of diced all-white-meat chicken and herbs
Chew Boom (04/11)
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Packaged Foods
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British Meat Processors Assn. calls for priority lanes for lorries carrying perishable goods to the continent as hauliers continue to queue at the key port of Dover
just-food.com (04/11)
Orkla announces appointment of Nils Setle as president and CEO; Selte, who previously worked with Orkla's largest shareholder Canica, to replace Jaan Ivar Semlitsch
just-food.com (04/11)
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Vitamins/ Supplements
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Supplement maker Gummi World's Tempe, Arizona, facility receives SGS’s Good Manufacturing Practices certification, which is required by majority of dietary supplement retailers; plant also recently receives USDA organic certification
Gummi World (04/11)
Health Canada issues NPN license #80117041 allowing Natural Remedies to claim 200 mg AP-Bio/KalmCold reduces symptoms of common cold, upper respiratory tract infections; sustainably sourced AP-Bio has seven phytoconstituents, including 35% andrographolide
Nutra Ingredients (04/11)
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Fresh Food
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Fresh Produce
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Taylor Farms opens new production plant in Toronto; the new facility is focused on producing fresh salads, fresh cut vegetables and healthy prepared fresh foods for the retail industry
Food Business News (04/11)
HKScan sets up JV with Finnish vegetables business Vihannes-Laitila; the companies plan to launch 'fresh ready-to-use and ready-to-cook vegetable products' within a year
just-food.com (04/11)
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Meat & Poultry
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Bilateral trade between Russia and Vietnam in agricultural products totals US$930M in 2021, up 6% from 2020, says Russia's agriculture ministry; Russia interested in further increasing exports of milk, dairy products, pork, fish and grain to Vietnam
Interfax Information Services (04/11)
Family of JBS pork processing plant employee who died of COVID-19 says in lawsuit that company was negligent in its initial response to disease, including holding lunches for employees who continued to have good work attendance where they sat side by side
Ames Tribune (04/11)
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Fruits, Vegetables & Salads
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Citrus farmers in South Africa facing millions of dollars in losses due to sanctions that have closed off the Russian market; South Africa is the world's second-largest citrus importer and sends about 10% of its citrus exports to Russia annually
AllAfrica (04/11)
Dole officially debuts a new division and a new consumer fruit brand called BE Exotic at the recent Fruit Logistica trade show in Berlin; the brand will launch with avocados and mangoes in packaging designed to stand out on the shelf, company says
Fruitnet (04/11)
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Protein
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In study of 200 endurance athletes, 78% use dietary supplements, 54% use three supplements daily; use higher among older athletes, with top supplements including multivitamins, electrolytes, vitamins D and B, protein fish oil, probiotics, melatonin: study
Nutra Ingredients (04/11)
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Dairy/Alternatives
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Cheese
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Babybel partners with TerraCycle on a national recycling program for all its packaging in the US, including nets, labels, metal fasteners, cellophane, wax, pouches; consumers can sign up on TerraCycle's site, send the packaging via prepaid shipping label
Label & Narrow Web (04/11)
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Pet Care
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Pet Care Products
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CBD CPG brand Sky Wellness to offer brand guidance on D Oh Gee, EquineX to trade partners, consumers on a state-by-state basis as well as testing results by third-party facilities; move to mitigate legal uncertainties of use and sale of its CBD products
GlobeNewswire (04/11)
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Non-Alcoholic Beverages
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Energy Drinks/Shots
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Monster Beverage requests that a Californian federal court enforce the US$175M awarded to company and fellow energy drinks manufacturer Orange Bang as part of a trademark encroachment by Bang Energy brand owner Vital Pharmaceuticals
just-drinks.com (04/11)
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Non-Alcoholic Beverages
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Coca-Cola launches Creations in Spain, a new global platform from which the brand will launch new limited-edition flavors such as the new Intergalactic, which arrives exclusively in a Zero Sugar version
CE Noticias Financieras (04/11)
Nearly 30% of popular baby formula brands may be sold out at retailers across the US less than two months after a baby formula recall, according to an analysis by Datasembly, which assessed supplies at more than 11,000 stores
USA Today (04/11)
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Alcoholic Beverages
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Beer
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Diageo reaches settlement in a long-standing US class action lawsuit alleging misleading consumers with the marketing of its Guinness Extra Stout; US$770,000 set aside to reimburse consumers, with a further US$1.3M to be put aside for legal fees and costs
just-drinks.com (04/11)
Carlsberg's Brooklyn Brewery announces launch of Brooklyn Pilsner, described as a 'right golden, premium lager that layers clean malts with a balanced wave of bright hops'; beverage initially available in the US, UK and Finland
Carlsberg A/S (04/11)
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Wine
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GXO to handle logistics for nationwide e-commerce of UK-based wine retailer Majestic Wine; retailer contracted 68,000-sq-ft of warehousing in GXO's eight-building campus in West Hallam, England, where GXO will process e-commerce orders from UK, Ireland
U.S. Regulated Equity Markets (Alternative Disclosure) via PUBT (04/11)
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Liquor/Spirits
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Australia: Diageo Scotland Owns Trademark for 'Get Your Spice On' for alcoholic beverages except beer: Trademark No. 2206759
Australian Government (04/11)
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Vodka
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Pernod Ricard USA announces launch of Absolut.Land, expanding its Absolut vodka brand into the metaverse in celebration of the brand's 10th anniversary as the official vodka of the Coachella music festival
PR Newswire (04/11)
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Alcoholic Beverages
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Pernod Ricard announces appointment of Conor McQuaid as EVP of corporate communication, sustainability and responsibility and public affairs, effective July 1; Nodjame Fouad to replace McQuaid as head of company's Irish Distillers division
just-drinks.com (04/11)
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Packaging
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Retail Food Packaging
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Dow Thailand Group and Thepvimol Plastic successfully develop frozen food packaging trays formulated with PS that contains up to 87% recycled content; the tray is 50% lower in carbon emissions and promotes a circular economy, according to a press release
Nation (04/11)
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Foodservice Packaging
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New Hampshire-based Good Start Packaging supplies compostable alternatives to plastic, foam takeout food containers, restaurant supplies; company's products, when disposed of in commercial composting facilities, will decompose in about two to four months
Globe Newswire (04/11)
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Food Contact Paper/Board
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Koehler Paper launches Blue4est Pro paper for labels, a sustainable thermal adhesive material produced without chemical developers so it can be disposed of as wastepaper; self-adhesive labels--developed with HERMA--also approved for direct food contact
Koehler Oberkirch GmbH (04/11)
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Food & Beverage Labeling
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Premium Label & Packaging Solutions, a portfolio company of Dunes Point Capital, has acquired Syracuse, N.Y.-based HP Mile, a converter of custom pressure sensitive, extended content labels, specialty tapes for health care, food, beverage, aerospace
PR Newswire (04/11)
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Ingredients
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Regenerative Agriculture
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Dr. Bronner’s partners with Ecosia to finance purchase of 200 acres of land in Ghana for conversion to regenerative organic agroforestry of cocoa and palm trees; project coordinated with support from Serendipalm, Dr. Bronner’s sister firm in Ghana
Happi (04/11)
VF Foundation to join Soil Health Institute’s US Regenerative Cotton Fund as a sustaining supporter; fund designed to support sustainable cotton production, with the goal of eliminating 1 million tonnes of CO2 equivalent from the atmosphere by 2026
3BL Media (04/11)
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Fruit Farming
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British strawberries could soon be on supermarket shelves all year round regardless of weather via new 'vertical' growing techniques, industry officials say
The Mirror (04/11)
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Plant Extracts/Plant-Based
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DIC to partner with materials innovation firm Checkerspot, focusing on engineering new ingredient systems for sustainable skin care and personal care; Checkerspot’s WING platform will enable microalgae-derived ingredients
Business Wire (04/11)
Sweden-based Hoting Innovations, which has developed a cellulose-based packaging solution, secures US$4M in funding from Almi Invest and several angel investors; funding will be used to build a plant for machinery manufacturing and a plant for materials
M-Brain Nordic News (04/11)
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Retailing
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Supermarket
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Tesco's planned buy of Joyce’s Supermarkets in Ireland to be further probed by competition watchdog; Tesco would have all 10 stores rebranded next year, adding online shopping, click and collect service, clothing and homeware products
Irish Independent (04/11)
Kroger-sponsored SuperWIN clinical trial finds that shoppers who were given in-aisle nutrition education and shopping practice better followed the DASH diet, which is shown to help with weight loss, lowering blood pressure, modifying lipids
The News Record: University of Cincinnati (04/11)
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Club Store
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Costco to close nationwide on Easter Sunday; this will also be the final week for COVID-related special operating hours for members 60 and older, healthcare workers and first responders
USA Today Online (04/11)
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E-Commerce Trends & Statistics
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Executive Perspective: Nordstrom Chief Customer Officer says connecting inventory pools across stores, fulfillment centers in local markets gives company five to seven times as much product available for online order pickup compared to just one store
ENP Newswire (04/11)
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Stock
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Latest: Apr, 11 2022
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Latest Value |
Prev |
Chg |
YOY Chg |
Watchlist |
Anheuser-Busch InBev NV (ABI) :EBR
|
54.37
|
53.29
|
2.03%
|
-0.35%
|
Asahi Group Holdings Ltd. (25020) :TYO
|
4,520.00
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4,441.00
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1.78%
|
-4.98%
|
Campbell Soup (CPB)
|
45.77
|
45.47
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0.66%
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-4.78%
|
Coca-Cola Company (KO)
|
63.81
|
63.83
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-0.03%
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19.99%
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Conagra Foods (CAG)
|
35.00
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34.50
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1.45%
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-3.29%
|
Constellation Brands (STZ)
|
247.51
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244.46
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1.25%
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10.42%
|
Danone SA (BN) :EPA
|
52.24
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51.60
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1.24%
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-13.06%
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Diageo plc (DGE) :LON
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4,020.50
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3,994.00
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0.66%
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26.15%
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General Mills (GIS)
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70.51
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70.17
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0.48%
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17.26%
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Heineken NV (HEIA) :AMS
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89.28
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86.92
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2.72%
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-1.89%
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Hershey Company (HSY)
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223.93
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223.72
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0.09%
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40.39%
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JBS SA (JBSS3) :BVMF
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38.76
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37.60
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3.09%
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22.54%
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Kellogg Company (K)
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67.86
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67.56
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0.44%
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8.30%
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Mondelez International Inc. (MDLZ)
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63.41
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63.40
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0.02%
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7.75%
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Monster Beverage (MNST)
|
82.17
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81.62
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0.67%
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-13.77%
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Nestle SA (NESN) :VTX
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124.50
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123.14
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1.10%
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15.00%
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Pepsico (PEP)
|
172.60
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173.13
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-0.31%
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21.06%
|
Pernod Ricard (RI) :EPA
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201.30
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197.65
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1.85%
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19.40%
|
Suntory Holdings Ltd. (25870) :TYO
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4,765.00
|
4,705.00
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1.28%
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21.56%
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The Kraft Heinz Co. (KHC)
|
41.25
|
40.94
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0.76%
|
2.77%
|
Unilever plc (ULVR) :LON
|
3,537.50
|
3,503.00
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0.98%
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-15.09%
|
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