Food industry

Facedrive Foods Achieves Record High in Daily Delivery Volumes

Wednesday, April 21, 2021 - 1:00pm

In several markets, Facedrive has recently added multiethnic delivery services, which has significantly contributed to achieving these growth results.

Key Points: 
  • In several markets, Facedrive has recently added multiethnic delivery services, which has significantly contributed to achieving these growth results.
  • As store fronts and restaurants in many regions continue to limit their offerings to take out and delivery services, volumes of orders made through online on-demand food delivery platforms continue on a growth trajectory.
  • The tandem of these two trends has played strongly into the Facedrive Foods\xe2\x80\x99 playbook and growth strategy.
  • Facedrive Foods is a food delivery platform that connects residents, restaurants (local, ethnic restaurants in particular) and driver partners.

Bushel® Closes $47 Million Investment Round Led by Lewis & Clark AgriFood and Continental Grain Company

Tuesday, April 20, 2021 - 3:00pm

b'Bushel , an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, announced today closings on its $47 million Series C investment round.

Key Points: 
  • b'Bushel , an independently owned software company and leading provider of software technology solutions for growers, grain buyers, ag retailers, protein producers and food companies, announced today closings on its $47 million Series C investment round.
  • The oversubscribed round was led by Lewis & Clark AgriFood, a St. Louis-based food and agriculture focused investment firm, and Continental Grain Company, a global holding company focused on agriculture, food and protein production.
  • In addition, Consolidated Grain and Barge Co. is expected to close their investment in the round in the coming weeks.\nThis press release features multimedia.
  • Bushel is focused on bringing innovative software products and solutions to the agriculture industry.\nView source version on businesswire.com: https://www.businesswire.com/news/home/20210420005377/en/\n'

PeaTos® Appoints Former Frito-Lay Executive Dave Johnson as Chief Growth Officer

Tuesday, April 20, 2021 - 10:00am

Johnson brings over two decades of experience to the job, including 19 years at PEPSICO\xe2\x80\x99s Frito-Lay business unit.\nThis press release features multimedia.

Key Points: 
  • Johnson brings over two decades of experience to the job, including 19 years at PEPSICO\xe2\x80\x99s Frito-Lay business unit.\nThis press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20210420005319/en/\nPeaTos new Chief Growth Officer, Dave Johnson.
  • (Photo: Business Wire)\n\xe2\x80\x9cDave will join the executive team to help drive topline growth at PeaTos focusing on retail sales and foodservice,\xe2\x80\x9d said Nick Desai, CEO of PeaTos.
  • PeaTos is not just a healthy alternative, but is as tasty as other traditional snacks.\n\xe2\x80\x9cI\xe2\x80\x99m honored and excited to be joining such a great team,\xe2\x80\x9d explained Johnson.

Cambridge Global Payments Announces New Partnership with North American Meat Institute

Tuesday, April 20, 2021 - 2:00pm

I am confident that their members will benefit from access to our innovative cross-border payments and currency hedging solutions,\xe2\x80\x9d said Mark Frey, President, Cambridge Global Payments.

Key Points: 
  • I am confident that their members will benefit from access to our innovative cross-border payments and currency hedging solutions,\xe2\x80\x9d said Mark Frey, President, Cambridge Global Payments.
  • As a trusted partner for more than 25 years, Cambridge delivers innovative solutions designed to mitigate foreign exchange exposure and address unique business needs.
  • Learn more at cambridgefx.com and follow us on Twitter and LinkedIn.\nThe North American Meat Institute is a leading voice for the meat and poultry industry.
  • The Meat Institute\xe2\x80\x99s members process the vast majority of U.S. beef, pork, lamb, and poultry, as well as manufactures the equipment and ingredients needed to produce safe, high quality meat and poultry products.\n1Cambridge Global Payments is the trade name of various corporations in the Cambridge group of companies including Cambridge Mercantile Corp., Cambridge Mercantile Corp. (U.S.A.) and Cambridge Mercantile (Australia) Pty.

USDA Food Safety and Inspection Service Chooses 3M for Campylobacter Testing in Poultry

Tuesday, April 20, 2021 - 4:15pm

PAUL, Minn., April 20, 2021 /PRNewswire/ -- 3M Food Safety has been awarded a contract from the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) for Campylobacter1 detection with the 3M Molecular Detection System.

Key Points: 
  • PAUL, Minn., April 20, 2021 /PRNewswire/ -- 3M Food Safety has been awarded a contract from the U.S. Department of Agriculture Food Safety and Inspection Service (USDA FSIS) for Campylobacter1 detection with the 3M Molecular Detection System.
  • The award makes the 3M Molecular Detection System the primary method to be used by USDA FSIS for the detection of Campylobacter in poultry.
  • To read more about poultry pathogen testing data, access a copy of the whitepaper at www.3M.com/PoultryPathogens .\n"The 3M Molecular Detection System has proven to be a highly accurate and efficient tool for many food producers and contract labs globally," said Srini Raman, 3M Food Safety vice president.\nThe 3M Molecular Detection System makes molecular detection of foodborne pathogens simpler and faster.
  • 3M and the 3M logo are the worldwide trademarks or registered trademarks of 3M.

MikMak Names Former Pepperidge Farm and Campbell Soup Executive, Irene Chang Britt, to Board of Directors

Tuesday, April 20, 2021 - 2:00pm

Chang Britt is an experienced and forward-thinking independent board director, currently serving on the boards of Brighthouse Financial, Amica Senior Lifestyles andPeloton Capital Management.

Key Points: 
  • Chang Britt is an experienced and forward-thinking independent board director, currently serving on the boards of Brighthouse Financial, Amica Senior Lifestyles andPeloton Capital Management.
  • Previously, she served as President and CEO of Pepperidge Farm Inc, Global Chief Strategy Officer at Campbell Soup Co and on the Board of Directors of Dunkin\' Brands.\n"Irene brings a wealth of CPG knowledge, a strong voice and a unique perspective to the board that will help MikMak continue to scale rapidly," said Rachel Tipograph, Founder and CEO of MikMak.
  • "We\'re incredibly excited to welcome her to our board as an advisor, and I am privileged to work alongside her to further MikMak\'s mission.
  • It gives them a complete understanding of consumers\' online behavior and preferences to optimize marketing spend," said Chang Britt.

Buyers Edge Platform Reaches New Milestone Processing $1 Billion in Month of March

Tuesday, April 20, 2021 - 1:51pm

b'WALTHAM, Mass., April 20, 2021 /PRNewswire/ -- Buyers Edge Platform , a digital procurement network for foodservice, announced that it reached a new milestone processing $1 billion of foodservice purchasing volume in the month of March.

Key Points: 
  • b'WALTHAM, Mass., April 20, 2021 /PRNewswire/ -- Buyers Edge Platform , a digital procurement network for foodservice, announced that it reached a new milestone processing $1 billion of foodservice purchasing volume in the month of March.
  • By becoming a member of Buyers Edge Platform, operators get access to buying power, valuable data insights and opportunities to boost their profitability potential.
  • "\nWith over 20 years in the foodservice industry, the Buyers Edge Platform differentiator has always been their use of data and technology.
  • As the industry\'s first end-to-end digital purchasing platform for foodservice, Buyers Edge Platform customizes programs that best meet each operator\'s needs.\nBuyers Edge Platform is a Digital Procurement Network for foodservice.

Post Consumer Brands Joins Forces with Our Military Kids to Provide 30 Grants to Military Children across the United States

Monday, April 19, 2021 - 9:19pm

b'LAKEVILLE, Minn., April 19, 2021 /PRNewswire/ -- Post Consumer Brands announced today that it is donating $10,000 to Our Military Kids to fund 30 grants for children of deployed National Guard and Reserve service members and wounded warriors.

Key Points: 
  • b'LAKEVILLE, Minn., April 19, 2021 /PRNewswire/ -- Post Consumer Brands announced today that it is donating $10,000 to Our Military Kids to fund 30 grants for children of deployed National Guard and Reserve service members and wounded warriors.
  • At Post, many of our team members are veterans, me included," said Howard Friedman, President and CEO of Post Consumer Brands.
  • We\'re proud to partner with Our Military Kids as they continue their great and empowering work.
  • For more information on Our Military Kids, visit ourmilitarykids.org .\nPost Consumer Brands is a business unit of Post Holdings Inc., formed from the combination of Post Foods and MOM Brands in May 2015.

Lactate Salts Market projected to surpass $550 million by 2027, Says Global Market Insights Inc.

Monday, April 19, 2021 - 11:00am

b'SELBYVILLE, Del., April 19, 2021 /PRNewswire/ --Based on Global Market Insights Inc., report, the global Lactate Salts Market was estimated at $291.3 million in 2020 and is slated to exceed $550 million by 2027, registering a CAGR of 9.6% from 2021 to 2027.

Key Points: 
  • b'SELBYVILLE, Del., April 19, 2021 /PRNewswire/ --Based on Global Market Insights Inc., report, the global Lactate Salts Market was estimated at $291.3 million in 2020 and is slated to exceed $550 million by 2027, registering a CAGR of 9.6% from 2021 to 2027.
  • Sodium lactate is a fluid salt, which is naturally extracted from sugar through the fermentation of beets and corns.
  • The growing use of sodium lactate in the cosmetic market will further drive the demand for sodium lactate over the projected period.\nThe aging population and increased healthcare spending are driving market players to invest in R&D.
  • Major lactate salts industry players include Jungbunzlauer, Corbion N.V., Jindan Europe, Ikigai Corporation, Galactic, Dr Paul Lohmann GmbH & Co., KGaA, and Musashino Chemical Laboratory Ltd., among others.\nAbout Global Market Insights Inc.\nGlobal Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider.

Global Beef and Poultry Meat Market to 2027 - Size, Share, COVID Impact Analysis and Forecast - ResearchAndMarkets.com

Thursday, April 15, 2021 - 5:08pm

Further, market drivers, restraints, and potential opportunities are also provided in the report.\nThe Beef and Poultry Meat report computes the 2020 market value in revenue terms based on the average Beef and Poultry Meat prices and sales/revenue models of key companies operating in the Beef and Poultry Meat Market Industry.

Key Points: 
  • Further, market drivers, restraints, and potential opportunities are also provided in the report.\nThe Beef and Poultry Meat report computes the 2020 market value in revenue terms based on the average Beef and Poultry Meat prices and sales/revenue models of key companies operating in the Beef and Poultry Meat Market Industry.
  • Further, country-level Beef and Poultry Meat Market value is also provided.\nGlobal Beef and Poultry Meat Market Industry size, 2020-2027\nTypes of Beef and Poultry Meat, 2020-2027\nBeef and Poultry Meat applications and end-user verticals market size, 2020-2027\nBeef and Poultry Meat Market size across countries, 2020-2027\n5 leading companies in the industry - overview, key strategies, financials, and products\n2.
  • Beef and Poultry Meat Market Latest Trends, Drivers and Challenges, 2020 -2027\n2.3 Beef and Poultry Meat Market Insights, 2021-2027\n3.
  • Global Beef and Poultry Meat Market Value, Market Share, and Forecast to 2027\n3.1 Global Beef and Poultry Meat Market Overview, 2020\n3.2 Global Beef and Poultry Meat Market Revenue and Forecast, 2021-2027 (US$ Million)\n3.3 Global Beef and Poultry Meat Market Size and Share Outlook by Type, 2021-2027\n3.4 Global Beef and Poultry Meat Market Size and Share Outlook by End-User, 2021-2027\n3.5 Global Beef and Poultry Meat Market Size and Share Outlook by Region, 2021-2027\n4.