Cooking

Reynolds Consumer Products Reports Fourth Quarter and Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, February 8, 2023

Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.

Key Points: 
  • Reynolds Consumer Products Inc. (“Reynolds,” “RCP” or the “Company”) (Nasdaq: REYN) today reported financial results for the fourth quarter and fiscal year ended December 31, 2022.
  • “We are encouraged by three of four segments’ recovery to pre-pandemic profitability and record profits in the fourth quarter.
  • However, Reynolds Cooking & Baking performance was disappointing due to a combination of operational inefficiencies and lower volume.
  • Capital expenditures were $128 million for the year ended December 31, 2022 compared to $141 million in the prior year.

New School Foods Unveils Scalable Muscle Fiber and Scaffolding Technology for Whole-cut Meat Alternatives

Retrieved on: 
Thursday, February 2, 2023

Today, plant-based seafood producer New School Foods publicly announced its proprietary, scalable technologies for the plant-based meat industry, capable of producing whole-cut fish alternatives that look and cook just like ordinary seafood.

Key Points: 
  • Today, plant-based seafood producer New School Foods publicly announced its proprietary, scalable technologies for the plant-based meat industry, capable of producing whole-cut fish alternatives that look and cook just like ordinary seafood.
  • Muscle fibers, made from plants: Replicates the diameter, length, strength and structure of fish muscle fibers to deliver the same texture & mouthfeel.
  • Whole-cut Scaffolding: Filets that combines directionally aligned muscle fibers with plant-based connective tissue, fats, colors, and flavors.
  • Scalable by design: Unlike many other new food processing technologies, New School Foods’ process uses off-the-shelf equipment from adjacent industries, providing a superior ability to scale more globally.

The Worldwide Camphor Tablets Industry is Expected to Reach $261 Million by 2030 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 31, 2023

The Global Camphor Tablets market is expected to reach US$ 261.6 Mn by 2030, growing at a CAGR of 7.6% during the forecast period 2022-2030.

Key Points: 
  • The Global Camphor Tablets market is expected to reach US$ 261.6 Mn by 2030, growing at a CAGR of 7.6% during the forecast period 2022-2030.
  • High consumption of camphor tablets for religious rituals in India is another factor boosting market growth for camphor tablets.
  • Hence, food is also expected to fuel demand for growth of camphor tablets during the forecast period from 2022 to 2030.
  • Therefore growing demand from the medical industry is expected to boost market demand for camphor tablets in 2021.

Commercial Furniture Global Market Report 2023: Rise In Number of Corporate Offices Boosts Demand - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023

The global commercial furniture market is anticipated to witness a growth of steady CAGR during the forecast period, 2023-2027.

Key Points: 
  • The global commercial furniture market is anticipated to witness a growth of steady CAGR during the forecast period, 2023-2027.
  • Increasing commercial activities around the globe and the rise in the market players offering comfortable commercial furniture in unique designs, colors, and models to satisfy the growing needs of the rising population are the primary factors driving the growth of global commercial furniture market.
  • The development of informal office spaces requires quality commercial furniture products, bolstering the demand for commercial furniture worldwide.
  • In this report, global commercial furniture market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Fire Magic Elevates Outdoor Kitchen Experience with Extensive Line of Luxury Grills and Accessories

Retrieved on: 
Monday, January 30, 2023

The extensive line of luxury Fire Magic outdoor gas grills and accessories, manufactured by RH Peterson Co., are showcased at this year’s KBIS show in Las Vegas, January 31 – February 2, 2023.

Key Points: 
  • The extensive line of luxury Fire Magic outdoor gas grills and accessories, manufactured by RH Peterson Co., are showcased at this year’s KBIS show in Las Vegas, January 31 – February 2, 2023.
  • The Fire Magic booth – W5308, KBIS West Hall – will feature high-performance Fire Magic gas grills, as well as complementary cooling and storage products, and accessories to create the ultimate outdoor kitchen.
  • View the full release here: https://www.businesswire.com/news/home/20230130005164/en/
    The extensive line of luxury Fire Magic outdoor grills and accessories, manufactured by RH Peterson Co., are showcased at this week’s KBIS show, booth W5308 in the KBIS West Hall.
  • #KBIS2023 (Photo: Business Wire)
    For more than 80 years, Fire Magic has set the bar for high-performance outdoor cooking with its line of luxury grills.

GE Appliances Launches New Induction Cooktop Line-Up Packed with Connected Capabilities Across Brands

Retrieved on: 
Monday, January 30, 2023

Its new line-up of induction cooktops builds on the benefits that owners would expect from induction technology with added connected features that make cooking on induction simpler and more precise than ever before.

Key Points: 
  • Its new line-up of induction cooktops builds on the benefits that owners would expect from induction technology with added connected features that make cooking on induction simpler and more precise than ever before.
  • View the full release here: https://www.businesswire.com/news/home/20230130005044/en/
    Guided Cooking Capabilities on New GE Profile Induction Cooktop (Photo: GE Appliances, a Haier company)
    One standout innovation unique to GE Appliances is Precision Temperature Control.
  • “We are excited to expand our line-up of induction cooktops, which we believe is the future of cooking.
  • Induction cooking technology utilizes electromagnetic currents which directly heat the cookware, instead of first heating the cooktop surface.

General Mills Shrinks the Kitchen to Celebrate the Nationwide Launch of Minis Cereal

Retrieved on: 
Wednesday, January 25, 2023

That’s why General Mills has created a Minis Breakfast Bundle to minify your morning and complement the nationwide release of its new Minis cereal, teeny versions of fan-favorites Cinnamon Toast Crunch, Trix and REESE’S PUFFS, following an initial limited drop.

Key Points: 
  • That’s why General Mills has created a Minis Breakfast Bundle to minify your morning and complement the nationwide release of its new Minis cereal, teeny versions of fan-favorites Cinnamon Toast Crunch, Trix and REESE’S PUFFS, following an initial limited drop.
  • The bundle is complete with mini kitchen items for cooking up an itsy-bitsy breakfast, as well as even mini-er surprises for fans to use on the back-of-the-box kitchens.
  • “By shrinking the kitchen to match our Minis cereals, new culinary creativity is unlocked and the entire breakfast experience is transformed.
  • Cereal lovers can purchase the exclusive kitchen items at cerealsociety.com on Jan. 27 for $45 while supplies last.

India Frozen Foods Market Report 2022-2027 Featuring Key Players - Apex Frozen Foods, Godrej Agrovet, ITC, and Venky's Among Others - ResearchAndMarkets.com

Retrieved on: 
Monday, January 23, 2023

The frozen food market in India was valued at INR 124.06 Bn in 2021.

Key Points: 
  • The frozen food market in India was valued at INR 124.06 Bn in 2021.
  • The frozen food market, which comprises chilled fruits and vegetables, snacks, meat, poultry and seafood, and ready-to-cook meals, has grown significantly in recent years.
  • As frozen products require little time and effort for cooking, the growing consumer preference for convenience foods indirectly supports the increasing demand for frozen products.
  • Some of the key players that operate in this market are Apex Frozen Foods Ltd., Godrej Agrovet Ltd., ITC Ltd., and Venky's (India) Ltd.
    As frozen products require little time and effort for cooking, the growing consumer preference for convenience foods indirectly supports the increasing demand for frozen products.

Hestan Wins 2022 GOOD DESIGN® Award

Retrieved on: 
Friday, January 20, 2023

Hestan —the brand celebrated for bringing the award-winning innovations of its commercial appliances to the residential kitchen—is proud to announce its latest achievement, a GOOD DESIGN® award for the new Campania Pizza Oven™ .

Key Points: 
  • Hestan —the brand celebrated for bringing the award-winning innovations of its commercial appliances to the residential kitchen—is proud to announce its latest achievement, a GOOD DESIGN® award for the new Campania Pizza Oven™ .
  • View the full release here: https://www.businesswire.com/news/home/20230120005458/en/
    The Hestan Campania Pizza Oven™ has been selected as a 2022 GOOD DESIGN® award winner.
  • This is the second award for Hestan’s Campania Pizza Oven™, which launched in May 2022 and took home a TWICE VIP (Very Important Product) Award shortly after.
  • “We are thrilled for this recognition from the GOOD DESIGN® Awards for the Campania Pizza Oven™, and will continue to focus on developing innovative and high-performance products for our consumers.”
    For more information about Hestan, please visit home.hestan.com .

United States Online Grocery Market Report 2022-2028 with Focus on Offerings from Walmart, Amazon, Kroger, Fresh Direct, COSTCO, Maplebear, Thrive Market, Target, Safeway, Shopfoodex

Retrieved on: 
Friday, February 17, 2023

Around 299 million people in the United States used the internet in 2021, an increase from over 288 million in 2020.

Key Points: 
  • Around 299 million people in the United States used the internet in 2021, an increase from over 288 million in 2020.
  • In the United States, more people are choosing to shop grocery online without trouble due to their busy schedules and heavy reliance on smartphones.
  • Adults' internet uses also drive the online grocery market in the United States.
  • Company Profiles: Detailed analysis of the major companies present in United States online grocery market.