Revela, with $240 million in projected 2023 sales, adds to ADM’s portfolio with innovative technology to meet demand in the $1.8 billion dairy flavor segment
ADM, a global leader in human and animal nutrition, announced it is adding to its flavors capabilities with an agreement to acquire Revela Foods, a Wisconsin-based developer and manufacturer of innovative dairy flavor ingredients and solutions.
Chobani, LLC announced that it has acquired La Colombe for $900 million. Chobani financed the acquisition through the combination of a newly issued $550 million term loan, cash on hand and the exchange of Keurig Dr Pepper's (KDP) minority equity stake in La Colombe into Chobani equity.
The US Congress recently passed bipartisan legislation that ensures organic standards evolve and improve, while holding the federal government accountable for remaining familiar with the needs and expectations in the organic marketplace.
The packaging designs were optimized, reducing the total material weight for these three foods by 672,000 pounds, reducing 124,000 pounds of plastic and reducing 548,000 pounds of corrugated cardboard used for shipping cases (annually).
Konscious Foods™, a plant-based seafood brand, announced its plan to expand its foodservice offerings across North America in 2024. The brand is now officially entering the US foodservice market, while appointing Affinity Group Canada as broker for the Canadian market.
Customers can enjoy increased flexibility, from meal kits to single-serving prepared meals, for ultimate convenience and variety. The Prepared & Ready menu will continue to expand in 2024.
Inflammation was already a concern for consumers as research established systemic inflammation as a significant participant in disease states ranging from obesity, diabetes, and CVD to infirmities of aging and even declines in energy and cognition. Then the global pandemic hit and the perils of inflammation moved further into the spotlight.
Ingredient innovator EVERY debuted its flagship EVERY Egg – a liquid egg made without the hen – at an exclusive dinner at the restaurant Eleven Madison Park in New York City. Made by yeast fermentation,
Next year promises to bring challenges, with high prices and sagging consumer confidence impacting consumer behavior. Foodservice stakeholders once again need to tap into their reserves of creativity to thrive.