Search

The Red Sea crisis has caused disruptions to global trade, with Houthi attacks and a drought affecting shipping through the Panama Canal. The re-routing of ships has led to increased container freight costs, with a 15% increase in the cost of a 40ft container compared to last year. UK food inflation has eased slightly but remains historically high, with prices of food and non-alcoholic beverages increasing by around 26% between December 2021 and December 2023. Princes, a UK food and beverage group, reported a loss in its latest financial results and is the subject of takeover interest. [Extracted from the article]

US-based pickled-foods manufacturer Patriot Pickle has been sold by private-equity company Swander Pace Capital (SPC) to an affiliate of Miami-based investment group H.I.G. Capital. The sale price was not disclosed. Patriot Pickle, which produces refrigerated pickles, sauerkraut, and other pickled vegetables, supplies restaurants, delis, supermarkets, and distributors, and also offers private-label food and contract manufacturing. The company had previously acquired other pickle businesses and was sued by Grillo's Pickles for alleged violations of agreements and the use of proprietary recipes. [Extracted from the article]

Patriot Pickle hinted at further M&A at the time, saying it looked to "establish Patriot Pickle as a leading fermented foods platform". Keywords: Fresh produce; Refrigerated; Shelf-stable; Deals; News EN Fresh produce Refrigerated Shelf-stable Deals News N.PAG N.PAG 1 05/29/23 20230523 NES 230523 US pickled-foods manufacturer Patriot Pickle has acquired domestic peer First Place Foods amid growing consumer appetite for pickled and fermented foods. [Extracted from the article]

The company remains on target to commercialise its first animal-free cheese product in the US "late" in 2023 and has entered strategic partnerships with Dutch plant-based spreads and cheese firm Upfield and Mexico-based food business Sigma Alimentos. Keywords: Dairy; Dairy alternatives; Vegetarian and Vegan; Deals; Homepage; News EN Dairy Dairy alternatives Vegetarian and Vegan Deals Homepage News N.PAG N.PAG 1 02/20/22 20220216 NES 220216 Change Foods, the California start-up developing animal-free cheese, has attracted established food firms Orkla and Upfield to an upsized seed round. [Extracted from the article]

My friend and fellow beef advocate, Dr. Peter Ballerstedt, spoke at the Alltech ONE Virtual Experience this week, and I love the way he pieces together the elements of ruminant animals and the benefits they have on the environment and on human health. Ballerstedt said, "What would be the impact of people coming to understand that beef, in fact, is a health food and not a health hazard?. [Extracted from the article]

"Fermented foods are on fire right now" - Cleveland Kitchen CEO Drew Anderson on US sauerkraut specialist's ambitions, the bitesize interview B Building a business on sauerkraut, US firm Cleveland Kitchen is taking its knowledge of fermented foods into a new category - dressings and marinades. It's opening up a whole world of new products that we can get into, new categories that we can get into, all based on this fermented vegetable platform. just-food: What did Cleveland Kitchen pick up from being part of Kraft Heinz's Springboard incubator? We're a premium product and, during a recession, premium products start to go out the window. [Extracted from the article]

Keywords: Kerry Group; Lotus Bakeries; The Meatless Farm Co.; Unilever EN Kerry Group Lotus Bakeries The Meatless Farm Co. Unilever N.PAG N.PAG 1 05/07/20 20200424 NES 200424 B This week's batch of new products includes Ireland's Kerry Group taking its Naked Glory brand into a new category and Unilever's Graze entering the kids cereal bar segment. b Gerber claims first in US with A2-type baby formula Gerber, the US-based infant-formula business owned by Nestle, has launched two new products containing the A2 milk protein, which some consumers find easier to digest than the regular off-the-shelf A1 variety. UK's Morning Foods debuts Fibreful high fibre porridge Morning Foods, the UK company behind the Mornflake cereal brand, has launched Fibreful high fibre porridge. [Extracted from the article]

Mars has named the fledgling Australian companies to join the US giant's Seeds of Change accelerator programme. Mars revealed the identities of the US firms last month - and today named six companies in Australia with which it plans to work. [Extracted from the article]

This paradigm applies particularly to food and beverage companies with brands in the natural, organic, better-for-you and functional categories, which today includes nearly every major CPG company out there, along with an ever-increasing number of emerging and start-up companies offering brands targeted to the wellness marketplace. CPG companies need to be aware of this new reality because it means consumers are picking and choosing among brands and products in a much more discerning way than they've ever done before. Private brand is a real danger zone for CPG companies and their brands. [Extracted from the article]

This article focuses on the hot chocolate drinks market of Great Britain. The British hot chocolate drinks market was worth an estimated $426.6 million. This was mainly accounted for by chocolate malt drinks, which made up around half of the British market, followed by instant chocolate and traditional chocolate, both with just under a quarter of the market in value terms, and lastly cocoa, with just 6% share of the market.

This article evaluates the Gluten-Free Beer offered by Green's Foods. It is a specialty brew targeted at those beer drinkers who suffer from coeliac disease. Made by Green's brewery in Leeds, the beer comes in three varieties. The Discovery Beer and Explorer Stout variants have a six percent alcohol by volume content, while the Pioneer Lager has five percent alcohol by volume. These beers do not contain any glutens or wheat-based ingredients.