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WEB4 days ago · News, Markets and Analysis for the Food Processing Industry
Newly Weds Foods being acquired by Redwood | Food Business …
WEBOct 20, 2023 · An Oct. 18 article from Reuters said Redwood agreed to acquire Newly Weds Foods for about $4 billion. Mr. Angell, former president of Newly Weds Foods, died in December of 2022 at age 81. At the ...
Healthy snack innovation accelerating | Food Business News
WEBFeb 20, 2023 · “Consumers are prioritizing their health and looking for better-for-you options,” he said. The global healthy snacks market was $85.6 billion in 2021 and is expected to grow at a rate of 6.6% ...
Nestle feeling the effects of worst inflation in decades
WEBFeb 26, 2024 · Net sales in 2023 were 93 billion Swiss francs ($105 billion), down 1.5% from 2022. Excluding the effects of foreign exchange, organic growth was 7.2%, mostly reflecting pricing. Noting the ...
New product development on the rebound | Food Business News
WEB04.20.2023. By Brooke Just. WESTMINISTER, COLO. — New product development is returning to normal in 2023 after taking a backseat to addressing and resolving significant supply chain disruptions ...
Former Walmart buyers launch frozen food startup
WEB04.11.2023. By Monica Watrous. BENTONVILLE, ARK. — Frozen food startup Counter has closed $1.2 million in seed funding ahead of its launch in Sam’s Club stores across the country this summer ...
Tyson Foods continues to struggle | Food Business News
WEBMay 9, 2023 · By Keith Nunes. SPRINGDALE, ARK. — Following a weak first-quarter performance, the trend continued in the second quarter of fiscal 2023 for Tyson Foods, Inc., with the company’s Beef, Chicken ...
Mondelez R&D innovation center opens | Food Business News
WEBMay 3, 2023 · WHIPPANY, NJ. — Mondelez International, Inc. opened its new global R&D innovation center in Whippany, NJ, on May 1. Mondelez said it invested $50 million in the facility, which includes pilot ...
PepsiCo overcomes COVID comps, supply disruptions
WEBApr 16, 2021 · Net income for the quarter ended March 20 was $1.7 billion, equal to $1.24 per share on the common stock, and an improvement over the same period of the previous year when the company earned $1.3 ...
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