Income level greatly influences how often and why consumers use foodservice. For example, nearly twice as many Affluent as Working consumers (50 versus 27 percent) use foodservice more than once a week. Greater disposable income and time pressures prompt affluent consumers to seek out the convenient yet high-quality meal options often at the leading edge of new foodservice industry trends.
The Coca-Cola Co. and Sanofi are partnering to launch a line of "beauty drinks" in France. The Coca-Cola business unit in France said in a statement that the drinks will be sold in a "small scale pilot" limited to a number of pharmacies in the country.
PepsiCo Inc.'s net income dipped 5 percent in the third quarter, as the food and beverage maker continued to pour more money into bolstering its flagship brands. The company, which makes Frito-Lay snacks, Tropicana juice and Quaker Oats, stood by its guidance for the year, however, and profit came in above Wall Street expectations.
The European Union's farmers' union is warning that drought, cold and hail have conspired to produce the worst wine harvest for the region in up to half a century. Farmers union expert Thierry Coste said Wednesday that France's grape harvest is expected to slump by almost 20 percent compared to last year.
Yogurt maker Danone says its sales grew solidly in the third quarter of the year, driven by its booming waters business and strong growth in Asia. The company behind Activia yogurt said Wednesday that revenue grew 9.4 percent in the July-to-September period to €5.3 billion ($6.9 billion).
The families of a three babies sickened by a rare bacterial infection, including a 10-day-old Missouri infant who died, filed a lawsuit Tuesday against the Illinois-based manufacturer of a powdered baby formula that they believe is responsible.
From its unique taste to its rich heritage and long history of health benefits, the cranberry holds a plethora of secrets worth sharing. This year, Ocean Spray is revealing the secrets of the exceptional autumn fruit at its life-size cranberry bog in New York City’s Rockefeller Center®. Measuring 1,500-square-feet, the bog contains 2,000 pounds of fresh, floating cranberries, which will be on display October 16 and 17.
According to the Pew Global Attitudes Project report on attitudes in China, concerns over the safety of food and medicine have increased dramatically. In 2008, 12 percent said food safety was a major problem; this time, after numerous food scandals involving products from baby powder to pork, the number more than tripled to 41 percent.
So you've embraced the concept of terroir, the notion that the land influences the character of the foods and wines produced on it. But are you ready for mer-roir? A fast-growing cadre of Chesapeake Bay oyster farmers are banking on it.
Turkey Hill Dairy of Lancaster County, Pa. has announced a voluntary recall of about 1,200 cartons of Mint Chocolate Chip All Natural Ice Cream because it contains coconut that's not listed on the label. People who have an allergy or severe sensitivity to coconut can have a serious allergic reaction.
As questions remain about when the beef plant at the center of an E. coli outbreak and product recall will reopen, another meat company in Alberta has ramped up production. The Cargill Ltd. plant in High River has been operating six days per week since the XL Foods Inc. plant in Brooks had its licence suspended by food safety inspectors.
The Coca-Cola Co. has a formula for growth in the volatile economic climate: sell more of its drinks in emerging markets and evolve its stable of products at home, where concerns over sugary drinks are intensifying. The world's biggest beverage maker, which makes Sprite, Fanta and Dasani water, said the strategy helped it sell more of its drinks in every region during the third quarter, with global sales volume up 4 percent.
Halloween is just around the corner, and although candy consumption is almost unavoidable this time of year, the Academy of General Dentistry (AGD) wants parents and children to know that there are both good and bad candy options, both of which may find their way into children's trick-or-treat bags this fall.
A Maine brewery is planning an expansion that will quadruple its capacity over time. Baxter Brewing Co. said Monday its brewery in Lewiston will grow from 8,000 barrels to more than 33,000 barrels by the time the expansion is complete. Company founder and president Luke Livingston says demand has exceeded supply since his small, craft-beer brewery began distributing its beers in early 2011.
Investors in a Asian carp processing plant in southern Illinois hope to start operations within a month. "Everyone is happy, everything is progressing, and we are getting ready to work on facility modifications within the next 30 days," Ben Allen with American Heartland Fish Products LLC told The Telegraph in Alton for a Monday story.
Economists foresee only tepid growth for the coming year, with unemployment back above 8 percent for the first half of 2013. The good news: The housing market is recovering faster than expected and the economy likely won't fall off a "fiscal cliff."
The union for workers at an Alberta meat packer shut down over E. coli concerns says the pace of slaughter operations forces workers to take shortcuts around cleanliness and puts the health of beef-eating Canadians at risk. Doug O'Halloran, president of the United Food and Commercial Workers Local 401, says the processing line moves too quickly.
Workplace safety investigators and a grieving family on Monday searched for an explanation of how a worker was cooked to death at a Bumble Bee tuna processing plant. Tony Melena said his 62-year-old father, Jose Melena, was killed in an accident last week at the Santa Fe Springs plant but the company has given the family no information about how he died.
Pizza Hut is rethinking its contest daring people to ask "Sausage or Pepperoni?" at the presidential debate Tuesday, Oct. 16, 2012, After the stunt triggered backlash last week, the company says it’s moving the promotion online, where a contestant will be randomly selected to win free pizza for life.
PepsiCo Inc. should give investors a snapshot of the company's progress in bolstering its flagship brands this year when it reports its third quarter results Wednesday. The food and beverage company is pouring more money into marketing this year to enhance the stature of its biggest brands, including Pepsi cola and Gatorade.