Specialty Food Association releases new State of the Industry Report
June 30, 2020
Based on sales data from the past three calendar years, the new Specialty Food Association's (SFA) annual State of the Specialty Food Industry Report reveals a robust specialty food industry hitting $158.4 billion in sales, a 10.7% increase since 2017. The full report includes commentary throughout that reflects the impact and ramifications of COVID-19.
Stephanie Tripp to take on new role as director of foodservice marketing
June 30, 2020
Idahoan Foods announced Stephanie (Steph) Tripp as director of foodservice marketing. Tripp will report to vice president of foodservice Craig Gentry and will lead all foodservice marketing efforts, including a strategic focus on innovation and the digital engagement of operators.
2020 Food & Health Survey also tracks trends over past decade; recent diet trends, plant protein consumption and sustainability interest
June 29, 2020
If the COVID-19 pandemic has had big impacts on how you’re eating, shopping for food and thinking about food you’re far from alone. According to the International Food Information Council’s (IFIC) 2020 Food & Health Survey, 85% of Americans have made at least some change in the food they eat or how they prepare it because of the coronavirus pandemic.
Whole Earth Brands, Inc. is expected to be a global leader in healthy, natural and zero-calorie foods and ingredients
June 26, 2020
Whole Earth Brands, Inc., formerly known as Act II Global Acquisition Corp., announced the completion of its business combination transaction with Flavors Holdings Inc. subsidiaries Merisant Company, one of the world’s leading manufacturers of calorie-FREE and low-calorie sugar substitutes, and MAFCO Worldwide LLC, a leading manufacturer of natural licorice products.
Sensient will be named a core supplier of flavors, colors, and other related products used by Frulact
June 24, 2020
As a result of this transaction, Sensient will be named a core supplier of flavors, colors, and other related products used by Frulact in its fruit preparation business. The transaction is expected to close in the third quarter of 2020.
Producer of culinary oils, seeds and grains furthers commitment to better-for-you products with investment in Texas-based superfood snack brand
June 24, 2020
Sesajal S.A. de C.V. announced that it has taken a minority investment in Rhythm Superfoods, a US-based manufacturer of organic and non-GMO innovative plant-based superfood snacks. As part of the investment, the two companies will partner to continue to drive growth, expand capacity, as well as increase investments in marketing initiatives and new product innovation.
Anthony Jalijali to take on role as head of finance
June 24, 2020
AAK USA Inc., one of the world’s leading manufacturers of value-adding specialty vegetable fats and oils, announced that Anthony JaliJali has joined as head of finance and a member of AAK USA’s leadership team.
The facility is on track to be fully operational in the fourth quarter of 2020
June 23, 2020
Construction of Merit Functional Foods’ 94,000-square foot production facility is underway.Merit’s facility will produce the high purity and quality pea and canola protein
CFO and additional key hires prepare company for initial market test
June 19, 2020
BlueNalu, Inc., a food technology company developing cell-based seafood products, announced several key strategic developments including a substantial expansion of the company’s operations, the hiring of a chief financial officer, and the enhancement of its R&D, project management, and engineering teams.
Oumph! is a multi-award winning plant-based brand from Sweden
June 18, 2020
The LIVEKINDLY co., a collective of heritage and startup brands on track to become one of the world’s largest plant-based food companies, announced the acquisition of Oumph!, a multi-award winning plant-based brand from Sweden.