With reported ingredient shortages and price rises across the food and beverage industry, it appears the almond industry is bucking the trend, with prices at an 'all-time-low' with supply exceeding demand.
Private-label beverage manufacturer FedUp Foods is opening a new facility in Wilmington, N.C. later this summer, which will add cold-brew coffee capabilities, two company executives shared with FoodNavigator-USA.
The bakery will have late night hours and will serve its signature cookies alongside ice cream, brookies, brownies and vegan options as well as a rotating limited edition menu.
Kellanova’s ramped up commercial activity is paying off – helping the snack giant drive higher volume and sales amid challenging macro and industry conditions, which in turn helped convince retailers to accept price hikes, smaller pack sizes and other revenue growth management strategies, executives reported yesterday during the company’s first quarter earnings call.
The past decade has seen seismic shifts in the economic, environmental, political and technological landscapes. But how are these and other influences affecting the food and beverage industry?