“I am thrilled to officially welcome Chris Daubert as IFT’s 85th President as he joins a very prestigious list of renowned global food leaders,” said IFT CEO Christie Tarantino-Dean. “Throughout his career, Chris has done an exceptional job shaping the future of food as both a food science leader across multiple prominent universities and as a longtime member of IFT."
The agreement with Kalsec anticipates milestone payments for finalizing research and development work and a royalty stream for Willow upon commercialization
Through this commercial license and royalty agreement, Willow expects to receive milestone payments for the first pilot and industrial batches followed by tiered royalty payments on net worldwide sales after launch.
Carving a new niche for its distinct flavor combinations, the new packaging – which is fully recyclable, appealing to sustainability-minded consumers – positions the brand's unexpected pairings as "Fusion Hummus," and features the brand's signature vibrant colors.
The NEI production sites located in Southern Illinois (Herrin and Sesser) complement the existing Prayon production plant of phosphate salts based in Augusta (Georgia) and expand the Group’s offering of solutions for food and technical applications.
David co-founders Peter Rahal, founder of protein snacks brand RXBAR, and Zach Ranen, former investor and founder of RAIZE, bring extensive experience to their latest venture.
The research identified more than 55 ways consumers pursue their well-being across various sectors
August 29, 2024
The report, “Tapping Into the Global Consumer Well-Being Opportunity,” reveals the complexity of personal well-being, with consumers turning to solutions as varied as physical activity, social media, food, pet ownership, beauty, and books, among many other products and services, to harmonize their physical, mental, and social well-being.
The Phase II targets will continue to focus on commercially processed, packaged, and prepared foods in the marketplace
August 28, 2024
The Phase II voluntary sodium reduction targets follow an initial set of targets issued in October 2021. The initial set of targets encouraged the food industry to reduce sodium levels in a wide variety of processed, packaged, and prepared foods. Preliminary data from 2022 show about 40% of the initial Phase I targets are very close to or have already been reached indicating early success of this effort.
Growth in delivery’s user base and order frequency due to continued promotional efforts helped boost year-over-year eGrocery sales to $7.9 Billion
August 27, 2024
Walmart promoted a 50% discount on its Walmart+ membership in mid-July that lowered the annual fee from $98 to $49 after offering the same deal in May. Meanwhile, Instacart promoted an 80% discount on its annual membership. Both offers are contributing to growth in Delivery users and order frequency.