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Private-label leader TreeHouse Foods’ sale of its Lakeville, Minn., manufacturing facility and snack bar business to John B Sanfilippo & Son for $63m in cash, announced this morning, is the latest in a string of sales and acquisitions designed to reposition the company as a powerhouse in high-growth, high-margin categories.
New research shows adults at risk of heart disease who were prescribed produce ate more fruits and vegetables and after six months had lower blood pressure, body mass index and blood sugar levels – buttressing calls by public health advocates and The White House to expand access and insurance coverage for “food is medicine” interventions.
Hormel Foods trimmed its sales outlook for the full-year after missing third-quarter expectations amid increased competitive pressure that pushed it to cut prices and increase promotions and advertising at retail.
To understand how healthy your snack bar is, read the nutritional label: you’d be surprised.
CPG brands innovating with botanicals and adaptogens to meet consumer demand for functional foods and beverages to improve their moods, alertness, and other areas of their lives, must overcome formulation challenges, two DSM-Firmenich representatives told FoodNavigator-USA.