If you had any doubt about America’s love for ice cream, think again. U.S. retail and foodservice sales of ice cream and frozen desserts topped 25.1 billion in 2011, up 2.4% over the previous year, according to a new report from Packaged Facts. Sales are expected to reach ...More
The number of U.S. consumers using private-label food and beverage products continues to rise with 27% of Americans choosing to purchase private-label products in 2011 compared to only 18% in 2000. While that is good news for some, a new report from the NPD Group warns ...More
U.S. sales of organic products grew 9.5% in 2011, reaching $31.6 billion, according to the Organic Trade Association’s (OTA) new 2012 Organic Industry Survey. The organic food and beverage sector was valued at $29.22 billion, while the organic non-food sector reached $2.2 ...More
The $56 billion U.S. pet industry sector is poised for increased sales in the coming years as more consumers migrate to premium products and services, including functional pet foods, supplements and health care, according to a new report from Packaged Facts. ...More
ConAgra Foods, Inc., has completed its acquisition of Toronto-based Del Monte Canada, Inc., a leading provider and marketer of packaged fruits, fruit snacks and vegetables in Canada, from an affiliate of Sun Capital Partners. The transaction, announced Jan. 17, 2012, was ...More
Global sales of organic products continue to defy the economic downturn, growing by 8.8% in 2010 with growth continuing into 2011, according to a new market report from The Soil Association. The report also found 8 out of 10 households (83%) bought organic products in 2011. ...More
Consumer concern for health issues, including lactose intolerance, milk allergy and the genetic disorder phenylketonuria (PKU), are driving the market for dairy alternative beverages like soy milk, almond milk, rice milk and other plant milks, which reached $1.33 billion in ...More
ConAgra Foods, Inc., has agreed to acquire Toronto-based Del Monte Canada, Inc., a leading provider and marketer of packaged fruits, fruit snacks and vegetables in Canada, from an affiliate of Sun Capital Partners. The transaction is subject to closing conditions and ...More
The latest National Meat Case Study, conducted through a joint effort of The Beef Checkoff Program, the National Pork Board and the Sealed Air's Cryovac Food Packaging Unit, revealed beef remains the biggest player in the meat case, with a typical store featuring about 60 ...More
Ralcorp Holdings, Inc. will receive approximately $900 million and retain up to 20% of outstanding shares of Post Foods when it completes its spin-off of the cereal maker at the end of January 2012, according to an amendment that Ralcorp filed to its Form 10 Registration ...More
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