Sales growth for CPG stems from lower-calorie foods
Providing consumers lower-calorie foods is good for business and public health, according to a new research report from Hudson Institute, an independent policy research organization. IFT Daily News
Category: IFT
Purdue receives federal grant for organic tomato research
Purdue University has received a $ 2 million federal grant to lead multi-institution research on breeding new varieties of organic tomatoes that would resist foliar diseases and still have the … Continue Reading →
Frutarom acquires flavors, natural colors division of Montana
Frutarom Industries Ltd. has acquired the flavors and natural food colors division of Peruvian company Montana SA for a cash payment of $ 5.82 million and the assumption of debt … Continue Reading →
FDA dashboard shares inspection, compliance, recall data
As part of its commitment to transparency, the U.S. Food and Drug Administration (FDA) has released a new online tool to provide insight into its compliance, inspection, and recall activities. … Continue Reading →
Report highlights growing role of fish in feeding the world
More people than ever before rely on fisheries and aquaculture for food and as a source of income, but harmful practices and poor management threaten the sector’s sustainability, says a … Continue Reading →
Hershey completes initial purchase of Chinese confectionary company
The Hershey Co., a global confectionary manufacturer, has completed the initial closing and acquired an 80% stake in the iconic Shanghai Golden Monkey Food Joint Stock Co. Ltd., a privately-held … Continue Reading →
Chiquita, Fyffes revise merger agreement
Chiquita Brands International Inc. and Fyffes plc have announced that the Boards of Directors of both companies have unanimously approved a revised agreement for the proposed combination of Chiquita and … Continue Reading →
Americans can expect to pay more for beef, pork
According to USA Today, Americans will soon be paying more for beef, pork, and other meats in the grocery store. IFT Daily News
U.S. foodservice traffic, sales saw increase in August
Driven by stronger same-store sales and customer traffic levels and a more optimistic outlook among restaurant operators, the National Restaurant Association’s Restaurant Performance Index (RPI) posted a solid gain in … Continue Reading →
Mondelez to build $90 M biscuit plant in Bahrain
Mondelez International, a maker of chocolate, biscuits, gum, and candy, has announced plans to invest $ 90 million in building a biscuit plant in the Kingdom of Bahrain to meet … Continue Reading →