News for professionals in the dairy foods industry | SIGN UP ⋅ SHARE |
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Industry News
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(J. David Ake/Getty Images) |
Nestle is undergoing significant leadership changes with the early exit of Chairman Paul Bulcke, paving the way for new leadership under former Inditex head Pablo Isla and new CEO Philipp Navratil. This shift comes amid investor pressure for faster growth and efficiency improvements, as the company faces challenges like underperforming businesses and a 40% drop in share value since 2022. Analysts expect a strategic review of Nestle's portfolio, with potential divestments in areas like North American frozen foods, as the company aims to leverage efficiencies and invest in its strong brands.
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(Van Leeuwen) |
Product innovation remains central to Van Leeuwen Ice Cream's strategy, exemplified by its commitment to creative ingredients and processing methods. The brand began as a single food truck and has grown to 100 scoop shops and distribution in 12,000 grocery stores, and it recently opened a Flavor Lab at its Brooklyn, N.Y., headquarters, to connect research and development directly with customer feedback. Van Leeuwen has raised $22.6 million in private-equity funding since 2018, enabling it to scale production, open more scoop shops, expand wholesale distribution and push into new markets.
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Fage and Chobani ranked first and second, respectively, in a ranking of healthiest Greek yogurts as evaluated by Board Certified Sports Dietitian Tara Collingwood. Collingwood considered criteria including the amount of protein, added sugars and live and active cultures.
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The global cheese market is projected to reach $178.5 billion by 2035, driven by a compound annual growth rate of 4% to 5%, says a report from Future Market Insights. The expansion of quick-service restaurants in Asia and the Middle East is boosting mozzarella demand, while Europe and North America see value growth through specialty and premium cheeses. The plant-based cheese sector is also growing rapidly, although from a smaller base.
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The Nebraska Department of Agriculture has reported the state's first case of highly pathogenic avian influenza in a dairy herd. The strain is similar to one found in California, and the herd has been quarantined. State Veterinarian Roger Dudley says dairy farmers in the state should adhere to biosecurity protocols and contact their veterinarian immediately if cows show signs of illness.
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The Market
Kroger is reintroducing paper coupons to cater to shoppers who are not digitally savvy, particularly older customers and those without smartphones. The move is part of an overall strategy to offer value to price-sensitive shoppers that has included lowering prices on more than 3,500 items this year and promoting its private brands. "Our customers are recognizing these changes, and they're giving us credit for them," said interim CEO Ron Sargent. "Customer price perception improved in nearly every division this quarter, and we saw another quarter of sequential improvement in share."
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(Chuck E. Cheese) |
Chuck E. Cheese has launched its second national fundraising campaign in partnership with the American Society for Deaf Children during National Deaf Awareness Month. Throughout September, guests at over 450 Chuck E. Cheese restaurants can support hearing-impaired children by rounding up their purchases at the register or online. In addition to fundraising, the chain has introduced sign-along videos in ASL, adapted its birthday song to multiple languages and hosted Sensory Sensitive Sundays to create welcoming spaces for hearing-impaired kids.
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Featured Content
Conquer the food supplement and nutrition market.
If you're a dairy producer wanting to expand your offerings, the food supplement and nutrition space is an option. Entering this fast-growing market may be as simple as an update to your equipment. With a few additions, you could improve the productivity and profitability of your current equipment. Learn More.
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