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Food and beverage industry news.
Dubai Chocolate Bleeds Into New Formats At Summer Fancy Food Show
Is Dubai chocolate the new freeze-dried candy? The Middle Eastern confection, featuring a milk chocolate bar filled with pistachio cream and kadayif, has exploded in popularity and is now showing up in a range of CPG formats.
Breakfast Innovation Heats Up at Summer Fancy Food
Exhibitors at the Summer Fancy Food Show showcased modern takes on the morning meal with a focus on nutrition and convenience.
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Del Monte Foods Seeking Buyer After Filing for Bankruptcy
Del Monte Foods, one of the country’s largest producers and distributors of branded food products, announced late Tuesday that it has filed for Chapter 11 bankruptcy protections and is seeking a buyer.
Is Clean Label, ‘All Consumer’ Focus Key To Making Alt-Meat Mainstream?
The plant-based meat category has undergone numerous waves, but those still in the market believe they finally narrowed in the product types, positioning and formulations to make it among mainstream consumers.
Shore Capital Partners Closes $450 Million Food & Beverage Fund III
Shore Capital Partners announced today the close of its third food and beverage fund with over $450 million in capital commitments.
More Than Hummus: Refrigerated Dips Abound At Summer Fancy Food
At the Specialty Food Association’s Summer Fancy Food Show, brands showcased authentically diverse offerings in the refrigerated dip set that lean into health trends and global flavors.
Marubeni Corporation Enters U.S. Ice Cream Manufacturing With Bubbies Acquisition
Japanese trading and investment company Marubeni Corporation has acquired Phoenix, Ariz.-based Bubbies Ice Cream, marking its entrance into the U.S. ice cream market. Terms of the deal were not disclosed. As part of the transaction, Bubbies will join Marubeni American Corporation, based in New York City, while continuing operations out of Phoenix, per a press… Read more »
Tazzy Pivots From Candy To Cookies With Eyes On Bakery Set
Tazzy Candy has pivoted from its inaugural product type to a new 3-SKU line of Cookie Bites along with the yet-to-be launched second endeavor, with both debuting at the Summer Fancy Food Show this week.
Bearded Brothers to Expand Multi-Brand Bar Platform with SANS Acquisition
Organic foods brand Bearded Brothers has acquired fellow bar maker SANS Meal Bar, SANS founder and CEO Nathan Gordon announced on LinkedIn Friday.
Cup Noodles Maker Eyes GLP-1 Craze at Fancy Food Show
Nissin Foods, the maker of Cup Noodles instant ramen, is targeting GLP-1 weight loss drug users with a new product line debuting this week at the Summer Fancy Food Show in New York. Kanzen Meal, the company’s first foray into the single-serve frozen meal market, was developed using proprietary technology and Japanese culinary techniques to precisely deliver key nutrients while optimizing flavor, according to Nissin Foods.