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An example of a few headlines sent to our customers on Sep, 14 2022
Food & Beverage

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September 14, 2022

Industry Roundup
 Packaged Food

Baked Goods

Morning Consult: Shrinkflation becoming more pronounced as companies face supply-chain constraints, higher prices for gas, ingredients; top categories where shoppers feel pinch of shrinkflation include snacks, pantry items, frozen food, meat, bread/pastry
Zacks Equity Research (09/13)

Study bakes cookies with emulsified shortening made from high oleic palm oil, high oleic red olein instead of traditional palm oil, finds no statistical difference in physical properties; novel oils contain lower saturated fat, higher oleic acid than TPO
Food Engineering and Technology (09/13)

Condiments, Dressings & Sauces

Design student in Israel creates NakedPak, an edible and dissolvable food film out of algae that can replace plastic and paper packaging and encase sauces and spices for convenience; NakedPak is clear and tasteless, can be manufactured in 2D or 3D sheets
Biofuels Digest (09/13)

Shake Shack announces limited-time offering of new Hot Ones Menu; the items--all of which feature Hot Ones Spicy ShackSauce--include Hot Ones Burger, Hot Ones Chicken, Hot Ones Cheese Fries, and Hot Ones Bacon Cheese Fries
Chew Boom (09/13)

Savory Snacks

PepsiCo Foods Canada announces limited-edition retail launch of Ruffles KFC Original Recipe chicken-flavored potato chips, in partnership with KFC Canada
BakeryAndSnacks.com (09/13)

Confectionery & Sweet Snacks

Mondelez's Trident gum brand announces offering of new Trident Vibes, featuring Sour Patch Kids gum; product available nationwide in Redberry and Blue Raspberry flavors, while Watermelon flavor is available exclusively at Walmart
PR Newswire (09/13)

Cereal Products

Executive Perspective: Kellogg doesn't need to win the North American cereal sector for its algorithm to work, but rather it just needs to be stable, says President and CEO Steven A. Cahillane
Food Business News (09/13)

Coffee

Fitch expects Mexico's nonalcoholic drinks spending to grow 8.4% year-over-year in 2022 before slowing to 6.7% in 2023; spending on coffee, teas, other hot drinks to show strongest growth in short/medium term, and carbonated drinks to show weakest growth
Fitch Solutions Sector Intelligence (09/13)

Frozen Produce

McCain Foods finalizes its acquisition of Netherlands-based Scelta Products for an undisclosed sum; Scelta is a maker of frozen, vegetable-based snacks, with a product line including breaded mushrooms, onion rings and cauliflower fries
Food Business News (09/13)

Frozen Food

Real Good Foods announces launch of new frozen Asian Entrees, including Orange Chicken, General Tso's and Sweet & Sour; products available in both single- and family-sized options at major US retail stores
Globe Newswire (09/13)

Packaged Foods

Euromonitor: Once-booming vegan claim in packaged food being challenged by plant-based label in Western markets; plant-based labels perceived as more inviting to consumers experimenting with sustainable lifestyle choices than vegan or vegetarian labels
Euromonitor International Ltd. (09/13)

Scientists find bioactive compounds in beetroot, carrot juice have neuroprotective effect in rats exposed to cadmium
MDPI (09/13)

 Fresh Food

Fresh Foods

Pasturebird unveils new packaging that pays homage to company's regenerative roots, focusing on the adage 'you are what you eat eats'; a flip-up sleeve tells the brand story and what 'pasture raised' is, includes callouts of Pasturebird’s product system
PR Newswire (09/13)

Meat & Poultry

Ground beef products from HelloFresh meal kits shipped in July may be linked to E. coli illness, USDA says; recall not issued 'because the products are no longer available for purchase'
USA Today Online (09/13)

Scientific review finds that metabolites produced by lactic acid bacteria biofilms show a 'very high potential' for protecting meat from microbial damage, as well as extending shelf-life, preventing growth of pathogens, providing sensory characteristics
MDPI (09/13)

Fruits, Vegetables & Salads

Scientists find virgin coconut oil has protective effect on osteopenia induced by high refined carbohydrate-containing diet in mice
MDPI (09/13)

Scientists extend shelf life, maintain quality of pomegranate arils using 'highly economical' coating of aloe vera gel enriched with cinnamon, rosehip oils; coating led to retention of total phenolics, anthocyanin, ascorbic acid, antioxidant activity
MDPI (09/13)

 Dairy/Alternatives

Milk/Milk Alternatives

India's demand for milk predicted to increase by 517 million tonnes over the next 25 years, with an average annual growth rate of 4.5%, leaving a surplus of 111 million tonnes for export, industry official says
Krishijagran.com (09/13)

 Pet Care

Pet Food

Freshpet announces organizational changes to enhance capabilities, long-term growth; CFO Heather Pomerantz to step down, while VP Dick Kassar serves in interim, as of September 7 and EVP of manufacturing Steve Weise to stay on as a consultant through 2023
Freshpet Inc. (09/13)

Pet Care Products

Pet Supplies Plus selects finance tech platform Adyen as its payment system online, in-store for its approximate 230 corporate locations, 400 franchisee locations in the US; platform offers multi-channel reporting portal, real-time performance reporting
Pet Product Innovations LLC (09/13)

Pet industry social media company BlogPaws announces winners of its Best of 2022 Awards from this year’s SuperZoo trade show; winners include Because, Animals' recycled packaging for Best Packaging and Dog Balm by Lucky Pup for Best Natural Pet Product
Pet Plus Magazine (09/13)

 Non-Alcoholic Beverages

Non-Alcoholic Beverages

GlobalData: Coca-Cola looks to extend market lead in Japan by partnering with Kirin Holdings on developing immunity-boosting drink; collaboration to also aid Kirin in diversifying its business portfolio when beer sales are down due to shrinking population
GlobalData Plc (09/13)

Coca-Cola Japan collaborating with Kirin Holdings to develop a health drink that contains live bacteria developed by Kirin that company claims boosts immunity in healthy people
Nikkei Asia (09/13)

 Alcoholic Beverages

Beer

Fitch expects Mexico's alcoholic drinks spending to grow by 14.5% year-over-year in 2022, but slow to 10.9% growth in 2023; total alcohol consumption to grow 1.5% in 2022, with spirits outperforming at 4.7% growth, and beer underperforming at 1.4% growth
Fitch Solutions Sector Intelligence (09/13)

Executive Perspective: Asahi Group Holdings highlights plans to focus more strongly on its canned beer and healthier innovation businesses as it braces itself for cost pressures in Japan from October, says CEO Atsushi Katsuki
Beverage Daily (09/13)

Liquor/Spirits

US spirits sales volumes fall 2% in three-month period to July, its worst volume decline since 2009, despite all the major spirits brand owners continuing to report strong financial results, according to data from National Alcohol Beverage Control Assn.
just-drinks.com (09/13)

Whiskey/Bourbon

Diageo wins whiskey packaging lawsuit against W.J. Deutsch & Sons; Diageo had complained the Deutsch Family's Redemption whiskey packaging in 2016 was too close to the ‘clear canteen-shaped glass bottle with rounded shoulders’ for its Bulleit whiskey
just-drinks (09/13)

Jack Daniel’s and McLaren Racing announce multi-year partnership making Jack Daniel’s Tennessee Whiskey an official partner of the McLaren Formula 1 Team beginning in 2023
Business Wire (09/13)

Alcoholic Beverages

Heineken gets approval from South Africa's Competition Commission for takeover of South Africa-based Distell, as long as Heineken sells its Strongbow cider business in South Africa and other countries that are members of the Southern African Customs Union
just-drinks.com (09/13)

Florida's largest craft breweries report year-over-year sales growth of between 3% and 39% in 2021, one year after the COVID-19 pandemic crippled the industry, according to Brewers Assn. data
Axios Media Inc. (09/13)

 Packaging

Retail Food Packaging

Zacks names Sonoco as stock near 52-week high that can scale higher, says consumer packaging segment will gain traction from flexible packaging, plastic food packaging; industrial paper packaging segment to gain from demand for global tubes, cores, cones
Zacks Equity Research (09/13)

Heinz is among 800 food and drink brands that are being forced to remove Royal Warrants from product packaging following the death of Queen Elizabeth II; brands must remove late monarch’s coat of arms, reapply to King Charles III
The Mirror (09/13)

Retail Beverage Packaging

Aluminum cans are most sustainable form of beverage packaging when compared to other packaging materials such as PET, glass and multilayer plastic, according to study by Energy and Resources Institute in India
Times of India (09/13)

Foodservice Packaging

ProAmpac to showcase its full portfolio of food to-go packaging capabilities, including its RecycAll Freshpack, at upcoming LUNCH! 2022 trade show; company’s flexible paper solutions include paper/board-based sandwich packs, trays, wraps, soft packs
ProAmpac LLC (09/13)

Packaging Design

RecyClass, Assn. of Plastics Recyclers reinforce their collaboration to drive worldwide harmonization of plastic packaging recyclability through a shared vision of science-based design for recycling guidelines and protocols for recyclability assessments
RecyClass (09/13)

Environmental Packaging Summit, Nov. 2-3 in Coventry, England, will bring together the packaging supply chain to tackle net zero, plastic reduction, refillables, single-use; core focus will be on how legislation is shaping the design, use of materials
Packaging News (09/13)

Food Contact Paper/Board

Mitsubishi HiTec Paper adds optimized BAG WG with a new substance to its range of Barricote barrier papers; product has basis weight of 49 g/m2, improved barriers against water vapor, grease, optimized heat-sealing capability for food, non-food pouches
Mitsubishi Paper Mills Ltd. (09/13)

Food & Beverage Labeling

Italy-based Prati presents DIGIFASTone digital finishing line for printed reels, which produces labels at high speed with precision; system produces short runs of promotional labels in food, beverage, wine, spirits, cosmetics, personal, home care
PRATI S.r.l. (09/13)

 Ingredients

Plant Extracts/Plant-Based

European scientists review potential UV-curable biobased polymers derived from industrial pulp, paper processes; lignin, rosin, terpenes have possible UV-curing applications for thermoset production with fast cure, less energy use, elimination of solvents
Polymers (09/13)

CloroxPro debuts Clorox EcoClean, a new eco-conscious line that includes disinfecting cleaner made with a plant-based active ingredient, all-purpose cleaner with 99% plant-based cleaning ingredients, glass cleaner with 94% plant-based cleaning ingredients
PR Newswire (09/13)

 Retailing

Supermarket

Wegmans is discontinuing its popular Scan app because too many customers were shoplifting while using it; company implemented app in 2020 to be used with self-checkout
Business Insider (09/13)

Stora Enso to divest its Maxau paper mill in Germany, all related assets to Schwarz Produktion, part of global retailer Schwarz Group, for enterprise value of €210M, with closing in early 2023; deal part of Stora Enso's plan to divest four of five mills
Stora Enso Oyj (09/13)

Mass Merchandise Retailers

Target signs exclusive multi-year distribution agreement with toy brand FAO Schwarz; over 120 items will be sold across all categories, with prices ranging from US$9.99 to US$149.99, including 50 toys costing less than US$20
MarketLine (09/13)

E-Commerce Trends & Statistics

Insider Intelligence: Purchases made via phone, internet or mail-order using stolen credit cards to top US$10B by 2024 in US, from US$8.75B in 2022; chip cards slowed growth of fraudulent in-person transactions, but did little to curb e-commerce fraud
Insider Intelligence (09/13)

Deloitte expects 2022 holiday retail sales to rise 4%-6% year-over-year to US$1.45T-US$1.47T during November-January period, down from 15.1% growth in 2021 holiday sales; e-commerce holiday sales projected to grow 12.8%-14.3% to US$260B-US$264B
PRNewswire (09/13)

 Stock

Latest: Sep, 13 2022

Latest Value Prev Chg YOY Chg
Watchlist
Anheuser-Busch InBev NV (ABI) :EBR 50.90 49.47 2.89% 4.41%
Asahi Group Holdings Ltd. (25020) :TYO 4,693.00 4,683.00 0.21% -13.78%
Campbell Soup (CPB) 47.28 48.51 -2.54% 7.87%
Coca-Cola Company (KO) 60.47 62.50 -3.25% 7.85%
Conagra Foods (CAG) 33.65 34.66 -2.91% 0.78%
Constellation Brands (STZ) 239.92 248.04 -3.27% 11.64%
Danone SA (BN) :EPA 51.93 51.08 1.66% -12.75%
Diageo plc (DGE) :LON 3,835.50 3,797.00 1.01% 9.23%
General Mills (GIS) 74.35 76.15 -2.36% 26.81%
Heineken NV (HEIA) :AMS 93.94 91.48 2.69% 5.22%
Hershey Company (HSY) 222.90 227.18 -1.88% 27.02%
JBS SA (JBSS3) :BVMF 28.32 27.94 1.36% -12.19%
Kellogg Company (K) 70.82 72.64 -2.51% 11.70%
Mondelez International Inc. (MDLZ) 59.88 61.90 -3.26% -1.46%
Monster Beverage (MNST) 89.53 93.56 -4.31% -6.14%
Nestle SA (NESN) :VTX 111.86 111.62 0.22% -2.70%
Pepsico (PEP) 167.41 173.90 -3.73% 7.48%
Pernod Ricard (RI) :EPA 190.95 188.75 1.17% 1.14%
Suntory Holdings Ltd. (25870) :TYO 5,110.00 5,170.00 -1.16% 8.72%
The Kraft Heinz Co. (KHC) 35.06 36.73 -4.55% -4.31%
Unilever plc (ULVR) :LON 4,020.50 3,953.00 1.71% 1.55%
SAMPLE REPORT