Hershey is looking to divest its high-flying jerky brand KRAVE along with its artisan chocolates Scharffen Berger and Dagoba, Hershey CEO Michele Buck told analysts. KRAVE, a high-end jerky and meat snack company that Hershey acquired for $220 million in 2015, had failed to meet company’s expectations. These are great brands that continue to resonate […]
Tag: Processed Food
After decades of rising sales and high popularity, makers and sellers of processed food are under pressure. Stringent regulations, negative media campaigns, declining popularity, shrinking margins and consolidation are the trending words in the food processing industry. What’s the way out for Big Food companies? Consolidation and cost-cutting: The situation in Big Food sector is […]
Farming is going to be the next Manufacturing. Farms, are becoming more like factories: tightly controlled operations for turning out reliable products, immune as far as possible from the vagaries of nature. By 2050, the planet’s population is likely to rise to 9.7 billion, a rise of 2 billion from now. Along with increase in […]
Starch is pervasive in the majority of processed foods we eat: fries, pizza, cookies, cakes, crackers, even gluten-free foods. Eating them enables people to add pounds almost effortlessly. Starch, essentially, floods the body with large quantities of glucose (sugar) that are rapidly digested by the body. Moreover, starch is a delivery device of harm — […]
