New data released by The Good Food Institute (G.F.I.) and the Plant-Based Foods Association (P.B.F.A.) show plant-based foods sales significantly outpaced overall grocery sales last year. U.S. retail sales of plant-based foods grew 11% — five times more than total food sales — bringing the total plant-based market to $4.5 billion.
Archive for the ‘FOOD & BEVERAGE’ Category
Shares of Blue Apron surged Tuesday after the meal kit provider said it will add Beyond Meat products to its menus in mid-August in its latest bid to get consumers to order its meals.
Greek yogurt maker Chobani LLC, the second-largest overall yogurt manufacturer in the United States, announced a comprehensive new program to further its commitment to positive transformation of its “milkshed” — supporting the economic, environmental and social impacts of its No. 1 ingredient: fresh milk from local farms.
An arbitration tribunal has ruled that Coca-Cola can sell its energy drink globally under the terms of the contract with Monster Beverage, the two companies said on Monday, months after the launch of the product in Europe.
Sara Lee Frozen Bakery celebrated a sweet addition to its recently launched Oakbrook Terrace headquarters with the opening of a 10,000-square-foot R&D innovation center and test kitchen. The newly constructed Kitchens of Sara Lee facility will focus on the innovation and expansion of new flavors and product lines for America’s Favorite Bakery.
US confectionery and snacking giant Mondelez International has acquired a majority share in local peer Perfect Snacks, which produces chilled nutrition bars.
Last year, Country Time Legal-Ade helped kids across the country pay permit fees and fines on their lemonade stands due to outdated permit laws. This year, inspired by bills passed in Texas and Colorado that changed archaic rules outlawing lemonade stands, Country Time will give lemonade-lovers the tools to start changing their state’s permit laws.
In early 2020, Times Square will be glowing brighter, hotter and sweeter than ever with the opening of the Krispy Kreme Times Square Flagship. Krispy Kreme announced that it will open the first-of-its-kind flagship in Times Square, delighting New Yorkers and tourists alike with the most awesome doughnut experience imaginable.
Shares of Beyond Meat moved higher Monday morning as the stock continues to exceed expectations following one of the most successful public debuts so far this year.
Litehouse, Inc., a 100% employee-owned manufacturer of refrigerated salad dressings, dips and cheeses, has entered into an agreement to acquire Sky Valley Foods, effective June 1. Sky Valley produces organic shelf-stable dressings, condiments, marinades and sauces under the Organicville and Sky Valley brands.