Food Industry

The beverage giant may pivot away from aluminum cans if input costs rise, said CEO James Quincey.

Ryals McMullian noted consumers are moving away from traditional white and wheat bread into organic, keto, gluten-free and premium areas.

Shifting consumer preferences and niche competitors are weighing on large players in the category, according to the Honey Bunches of Oats owner.

Soundtracked by Mariah Carey’s “Fantasy,” ads for the latest launch tap into childhood nostalgia.

The segment generated about 3% of the company’s net sales during its most recent quarter, with the majority of its business coming from snacks, beverages and meal prep.

The investment by the Brazil-based meat giant comes as it prepares for a rebound in the cattle supply after a period of contraction. 

The snack maker spent 18 months gearing up for transformation, which will include generative AI exploration.

The extension is the first permanent offering since Strawberries & Cream in 2023 and comes as its parent company launches twists on other brands including 7UP and A&W.

For food and beverage manufacturers, distributors and retailers, food waste is inevitable and with regulations frequently changing, it can be hard to keep up.

Automation has been largely inaccessible to SMBs due to high equipment costs and time expended on training. But there are more flexible options now: robot rentals.