The investment will enable Lotus Foods to further scale its business by deepening investments along its value chain, from sourcing new global rice cultivation communities to growing and diversifying its customer base.
The 75th annual report surveyed food retailers’ and suppliers’ 2023 developments and expectations for the year ahead, finding that while the industry made key strides in addressing longstanding labor and transportation capacity issues, inflation and other financial hurdles caused industry profit margins to fall to pre-COVID-19 pandemic levels.
Consumers tell us that they care a lot about the health of the planet and say that it’s today’s most important global issue. They also describe themselves as being at least moderately engaged in various environmental actions.
Students Anandu Chandra Khanashyam, Abrielle Schnurr, Nghi Huynh and Suchismita Roy are studying food science and earned the first-place prize of $10,000.
The brand will roll out the pollinator badge across product packaging, while committing $85k to pollinator conservation efforts
June 14, 2024
Consumers will begin seeing the pollinator-friendly badge on packaging this month, with complete rollout in the coming months varying by retailer and product type.
Ingredion Incorporated announced that its Kerr by Ingredion division will offer a selection of products from its fruit and vegetable portfolio that are Upcycled Certified.
Data shows an increase of 1.2 percentage points since previous year, finds research from NYU Stern Center for Sustainable Business in partnership with Circana
“Our annual research definitively shows that sustainable products thrive regardless of inflation and present continued opportunities to compete for market share amid the rise of store brands,” said Randi Kronthal-Sacco, Senior Scholar at the NYU Stern Center for Sustainable Business.
With a mission to remove animals from the global food system, Ahimsa Companies is leading an industry-wide consolidation effort generating opportunities for vertical integration and scale.
Jenkins will oversee Hain's Global Impact Strategy, which prioritizes the growth of building purpose driven brands across its portfolio, while championing other sustainability and wellbeing initiatives.
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