Articles by Jervie David Montejar

Unilever, Krispy Kreme, popsicle, creamsicle

Leftovers: Doritos pours on ketchup and mustard; Unilever’s Popsicle inspires Krispy Kreme doughnuts

Leftovers is our look at a few of the product ideas popping up everywhere. Some are intriguing, some sound amazing and some are the kinds of ideas we would never dream of. We can’t write…


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Food and beverage M&A dips in Q2, study finds

Dive Brief: M&A activity in the food and beverage sector during the second quarter fell, with 84 deals announced compared to 99 during the same time period a year ago, according to a report by Kroll,…


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IFF CFO sees ‘meaningful’ cost increases next year

Dive Brief: International Flavors & Fragrances (IFF) expects another “meaningful round of cost increases from inflation that’s going to be concentrated, in our view, in raw materials, soy, oils, and certain commodity groups such as…


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ADM, Benson Hill partner to scale high-protein soy

Dive Brief: Archer Daniels Midland and Benson Hill have announced a long-term strategic partnership to scale the latter’s Ultra-High Protein (UHP) soybeans to use in ingredients for plant-based food and beverages. Benson Hill created the UHP…


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TreeHouse to sell large part of meal prep business for $950M

Dive Brief: TreeHouse Foods is selling a significant portion of its meal preparation business to Investindustrial, a U.K.-based investment group, for $950 million, the company said in a statement. The divestiture, which is expected to close…


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Coke to launch Dreamworld cola in latest push to attract younger consumers

Dive Brief: Coca-Cola is launching Dreamworld — the fourth and final of its Coca-Cola “Creations” flavors in 2022 — that the beverage giant says allows consumers to explore “what a dream tastes like.”  The soda…


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Food prices continue to rise even as overall inflation cools

Dive Brief: Even as the overall rate of inflation cooled in July, food-at-home prices increased 1.3%, according to the Bureau of Labor Statistics’ Consumer Price Index. On a yearly basis, food-at-home increased by 13.1% — the largest…


Shane Grant, Danone

The secret behind Danone’s ‘very recession resilient’ portfolio

Danone’s portfolio is “very recession resilient” with offerings like coffee and creamers for cost-conscious consumers and a portfolio of dairy and plant-based products that mirror broader food trends, the CEO of the company’s North American…


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Aperitif maker Haus to shutter as Constellation reportedly backs out on funding round

Low-alcohol aperitifs maker Haus pledged transparency in its effort to disrupt an alcohol industry it said hasn’t evolved since Prohibition and continues to be dominated by huge liquor companies. It’s doing the same in announcing…


Interior of WDs Wine, Beer & Liquor in Jacksonville, Florida

The pandemic upended alcohol consumption. Here’s where it stands.

At-home alcohol consumption remains high even as pandemic restrictions have rolled back, and despite record-high inflation and supply chain woes, alcohol price increases have remained relatively stable when compared to other CPG categories. Labor shortages,…

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