Look out for these patterns at the Organic Fair East The Natural Products Expo West is scheduled to take place in Anaheim from March 8–12, with over 2,700 companies registered to exhibit. After being postponed for two years owing to the pandemic, the event—hosted by Informa Markets’ New Hope Network—is back. Expo West, sometimes referred … Read more
Numerous startups are scheduled at tomorrow’s Food-Tech The Future Food-Tech summit, which will take place in San Francisco this month, is expected to bring together around forty firms. The event, which takes place on March 24–25, will highlight solutions including plant-based whole cuts, precise fermentation, functional protein components, and scaffolding made of cultured meat. According … Read more
The hostess increases emphasis on novel ideas for goods. Keynote remarks from Hostess Brands, Inc. leadership were focused on the company’s intentions to predict growth in 2022 and the success of new product innovation over the previous year at an Investor Day conference on March 1. The goal of hostess product debuts in 2021 was … Read more
Creativity with tortillas and flatbreads is popular. Early in the coronavirus (COVID-19) pandemic, sales of tortillas and flatbreads surged due to an increase in at-home cooking. The foodservice sector has recovered now that restaurants have reopened and customers have resumed their regular activities. “Restaurant culture returned in 2021, though not necessarily to the detriment of … Read more
Jennie-O’s shift from the company on pace In the first quarter of fiscal 2022, Hormel Foods Corp. recorded record earnings thanks to strong performance from its value-added businesses. This indicates that the company’s efforts to transform its Refrigerated Foods and Jennie-O Turkey Store businesses are progressing as planned. Chairman of the board, president, and CEO … Read more
Selling are Utz Companies’ top priority over immediate financial success. When supply chain expenses in fiscal 2021 exceeded expectations, Utz Brands, Inc.’s management team had to choose between concentrating on profitability or satisfying the company’s expanding demand. With a view toward improving the bottom line in the upcoming years, they made the demand choice. Chief … Read more
The hostess focuses on munching Five of the fastest-growing consumer snacking occasions have been given priority by Hostess Brands, Inc. as part of a strategy to offer significant and long-term upside potential for future growth. According to Andrew P. Callahan, President and CEO of Hostess, in a presentation on March 1 Investor Day, the company’s … Read more
With COVID-19 becoming prevalent, gastronomy is adapting to a new normal. The most urgent short-term issues affecting foodservice companies are labor shortages and supply chain interruptions, but COVID-19 may have hastened more significant long-term problems. Numerous market changes brought about by the pandemic are proving to be structural rather than cyclical, and they are having … Read more
Volatile marketplaces are made more volatile by a war in Crimea. In a call with journalists on March 1, Rabobank analysts discussed the impact of the crisis on the food and agriculture markets. They stated that Russia’s invasion of Ukraine has increased volatility to an already unstable market for cereals, energy, and farm supplies. Global … Read more
Inquiry from Health Canada on regulations pertaining to edible marijuana On December 22, 2018, Health Canada released proposed regulations for the production and sale of cannabis-containing edible goods in the Canada Gazette, opening up a 60-day feedback period. Canada made recreational marijuana usage legal on October 17, 2018, and said that edible product sales will … Read more