After exiting Beyond Meat, Tyson Foods said that it would roll out its own plant-based meat substitutes beginning this summer.
Archive for the ‘FOOD & BEVERAGE’ Category
Eight years ago, Dogfish Head and Boston Beer Company teamed up to brew a collaboration beer for the annual SAVOR craft beer and food pairing experience. Today, the two companies announced the signing of a definitive merger agreement valued at about $300 million.
The number of Americans over 50 who are online grocery-shopping is relatively low, with only 17% ever having ordered groceries to be picked up from a store, 17% from a prepared meal delivery service, 16% ever having ordered groceries to be delivered, and 10% having ordered from a meal-kit delivery service. Those are among the […]
United Natural Foods, Inc. (UNFI), Providence, R.I., announced plans to acquire SUPERVALU INC., Minneapolis, for approximately $2.9 billion. The transaction will greatly expand UNFI’s customer base and exposure across channels, including those where demand for “better for you” products is increasing.
Discover how robotics, automation, artificial intelligence and mobile apps continue to reshape the future of the cold food and beverage industry.
Online grocery spending continues to grow at a rapid pace, now making up 5.5% of total grocery spending in the U.S., according to a new study from advisory firm Brick Meets Click. Nearly 30% of U.S. households buy groceries online, and most of the near-term growth in online grocery spending will continue to come from […]
Personalized nutrition is “the next big opportunity” for packaged food companies, said Stephanie Naegeli, global director of marketing and innovation food at Nestle S.A. “It’s also a huge challenge because what C.P.G. is traditionally really good at is producing the same product at scale,” Ms. Naegeli said during a panel discussion at the Future Food-Tech […]
The line between physical and digital in the grocery space continues to blur. And grocers are mistaken if they believe choosing one over the other is the key to winning.
Chinese e-commerce and technology company Alibaba Group Holding Ltd and U.S. grocer Kroger Co have had early discussions on working together, including a meeting in which U.S. executives traveled to China, a source familiar with the matter said.
People will take a more active role in what they eat, have more opportunities to interact and know more about how food impacts their bodies, a pair of futurists said