Food Business News - June 30, 2015 - (Page 1)

FOODBUSINESS NEWS June 30, 2015 ® NEWS, MARKETS AND ANALYSIS FOR THE FOOD PROCESSING INDUSTRY Hormel unveils innovation in snacks MINNEAPOLIS - Hormel Foods Corp. is expanding in the snack market with Skippy P.B. Bites, Spam Snacks and Jennie-O Turkey Breast Sticks. Executives of the Austin, Minn.-based company discussed the three new product platforms during a presentation with investors on June 11 in Minneapolis. "Our founder, George Hormel, said it best: 'Innovate, don't imitate,'" said Thomas Day, group vice-president of Hormel's Refrigerated Foods unit. "We continue to live up to that mission every day by providing new products to meet the demands of an ever-changing consumer base." By 2016, Hormel has set out to generate Continued on Page 21 Egg-ish Product developers are researching replacement options as A.I. spreads and egg prices rise Drinkable protein lagged on the packages of products in almost every aisle of the supermarket, protein may be the "nutrient of the decade." As with any trend, some say it's just a fad and will go away soon, but others believe this growing popularity is the beginning of a new approach to healthy eating and drinking, as beverages are proving to be a convenient carrier of both animal and plant proteins. "Protein is here to stay," said Polly Olson, vice-president of sales and marketing for Davisco, a business unit of Agropur Inc., Eden Prairie, Minn. "For so long consumers have been told 'don't eat this Continued on Page 64 F Story on Page 47 Hain Celestial's star shines brightly nyone looking to understand the rush among sluggishly growing consumer packaged goods companies to shed additives and artificial flavors in their A foods while adding natural and organic selections to their product lineup need look no further than the example of Hain Celestial, Lake Success, N.Y. Focused on the natural and organic categories for decades, the company continues to enjoy standout success measured in numerous ways. In trading on Nasdaq, shares of Hain rose June 23 to a new 52-week high of $68.61 per share, up 18% year to date. Hain shares easily have outpaced the 4.4% gain year to date in the S.&P.500 and the 0.2% decline in the Diversified Food Company index compiled by Food Business News. For Hain, the strong share price performance comes even after a period of the Continued on Page 59

Table of Contents for the Digital Edition of Food Business News - June 30, 2015

Food Business News - June 30, 2015
Hormel unveils innovation in snacks
Hain Celestial’s star shines brightly
Beverage Business News - Drinkable protein
Table of Contents
Web Contents
Editorial - Warning on commodity asset class
Diamond Foods outlines strategies to boost snack sales
Papa John’s commits to clean up its menu
General Mills to eliminate jobs from International unit
Six menu trends to watch
Federal judge blocks Sysco, US Foods merger
Ready Pac Foods flying high on the perimeter
General Mills to remove artificial flavors and colors from all cereals
Hershey lowers outlook due to soft Chinese market
C.D.C. ends Listeriosis case linked to Blue Bell
Is a spin-off in store for Bob Evans Farms?
GoGo squeeZ adds manufacturing plant
Whole Foods unveils name of new store concept
Brazil’s JBS to acquire European poultry processor for $1.5 billion
Coke, Monster complete $2.15 billion deal
Live Better Brands receives private equity investment
Brands to Watch - Seven Sundays sets out to solve breakfast
Fusion Jerky carving a niche
Mediterra brings the Mediterranean diet to bars
Washington - Use of partially hydrogenated oils must end by 2018
Market Insight - A.I. to tighten holiday turkey supply
Special Report - Egg-ish
Ingredient Innovations - Sweet-heat ‘medleys’ migrate
PepsiCo focused on protein
New Menu Items
Ingredient Market Trends - On the fast track to new trade pacts
Ingredient Markets
Supplier Innovations and News
Ad Index
Ad Index
Food Business in the News

Food Business News - June 30, 2015