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The latest food and beverage industry news and trend analysis

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Meat & Seafood

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Cultivated

Pythag Tech Secures $4.25m Seed Funding to Scale Cultivated Meat AI

Pythag Tech secures $4.25m in seed funding led by Azolla Ventures to expand its generative AI platform and accelerate cost-effective cultivated meat production.

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Business & Finance

Umios to Acquire High Liner Foods in CAD 804m Deal

Umios Corporation enters a definitive agreement to acquire High Liner Foods for CAD 27.00 per share in cash, valuing the Canadian seafood firm's equity at CAD 804m.

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New Products

Hormel Black Label Launches Portion Pack Bacon

Hormel Black Label launches Portion Pack Bacon, featuring three perforated four-slice pouches to reduce food waste across smaller households and single-serve meals.

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Packaging

ProAmpac Launches ProActive Intelligence Shelf Protect Packaging

ProAmpac partners with Copperprotek to launch ProActive Intelligence Shelf Protect, embedding biotechnology into films to curb spoilage in meat, seafood, and dairy.

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New Products

Wingstop Launches Sour Patch Kids Flavoured Wings

Wingstop partners with Mondelēz International's Sour Patch Kids brand to launch Wicked Punch, a limited-edition sweet-and-sour wing glaze available from October 27.

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Business & Finance

Hormel Foods to Acquire Brakebush Brothers in $1.05B Deal

Hormel Foods enters a definitive agreement to acquire value-added chicken producer Brakebush Brothers for $1.055 billion, expanding its commercial foodservice scale.

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Marketing

Just Shrimp Launches Shrimpmas Retail Campaign

Just Shrimp launches its Shrimpmas marketing campaign for National Seafood Month, featuring a BOGO promotion and secondary placement across Harris Teeter stores.

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Business & Finance

Cargill Invests $130m to Expand Asian Poultry Operations in Thailand and Philippines

Cargill commits over $130m to expand its poultry network across Thailand and the Philippines, adding automated cooked chicken processing and feed milling.

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