The company signed an agreement to acquire Flavor Infusion, a highly specialized supplier for natural beverage solutions in North America, from its founders.
Organizers Prepare for 2016 Conference and Expo in Las Vegas
June 5, 2015
Thousands of professionals from 50+ countries focused on everything tea --- from the latest trends and topics to the best new products, industry leaders and tea companies. Next year's event is scheduled for June 15 - 17, 2016 at the Las Vegas Convention Center (#WTE16). Watch for upcoming details at WorldTeaExpo.com.
The largest consumption for strong beer is observed in the Asia Pacific region, especially in India
June 4, 2015
According to a new report by Allied Market Research titled, "Global Beer Market - Size, Share, Global Trend, Company Profiles, Demand, Insights, Analysis, Opportunities, Segmentation, and Forecast, 2014-2020", the global beer market is expected to garner $688.4 billion by 2020, registering a CAGR of 6% over the forecast period, 2015-2020. The significantly growing consumption in developing regions is largely fuelling the market growth.
Food industry is reformulating and repositioning mainstream products and lines to achieve cleaner labels
June 1, 2015
There has been a sea change, with increasing numbers of consumers seeking more transparency from the food and beverage industry and shunning artificial ingredients.
Applegate will operate autonomously as a standalone subsidiary
May 28, 2015
Hormel Foods Corporation announced that it has entered into a definitive agreement to acquire Applegate Farms, LLC (“Applegate”), owner of the Applegate® brand, a natural and organic value-added prepared meats category. The transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 60 days.
Segment will register a CAGR of 3.9% Between 2013 and 2019, according to Transparency Market Research
May 27, 2015
The report titled "Frozen Food Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 - 2019" states that this market was valued at $ 224.74 billion in 2012, and will register a CAGR of 3.9% between 2013 and 2019.