According to new research from market analyst Technomic, despite $2 trillion in annual sales by 2025, the food industry is in for tough struggle for market share and must continue to innovate to grow business.
The Food Marketing Institute (FMI) and Market6 have announced the Collaboration 2.0 project, an initiative to help growers and manufacturers improve how they work together when it comes to the shared goals of growing sales, profits, customer satisfaction and loyalty.
Hormel Foods Corporation announced it has entered into an agreement to acquire the natural and organic prepared meats producer Applegate Farms, LLC for $775 million.
The US House Agricultural Committee approved a bipartisan bill that would repeal the country of origin labeling requirements for beef, pork and chicken by a vote of 38-6 Wednesday—two days after the World Trade Organization (WTO) rejected the US appeal of the law ruling it discriminates against Canadian and Mexican livestock.
Boasting a commitment to consumer-centric innovations, chocolate manufacturer The Hershey Company will debut a new line of products and innovations this week at the National Confectioners Association’s annual Sweets & Snacks Expo in Chicago.
Almond milk and other dairy alternatives are consistently being stocked in household refrigerators nationwide. As a result the US beverage market has shifted to favor these alternatives, according to Dairy and Dairy Alternative Beverage Trends in the US, a new report by market researcher Packaged Facts.
The World Trade Organization has rejected the United States’ appeal of last year’s decision regarding the US country-of-origin labeling law, or COOL law, ruling Monday that the law discriminates against Canadian and Mexican livestock.