Hershey talks opportunities in snacking: ‘We have ambitions to become a snacking powerhouse’

While its legacy may be in chocolate, The Hershey Company's portfolio of snacks has grown by leaps and bounds over the last several years, positioning the company as a growing snacking powerhouse, says Todd M. Scott, manager, corporate brand & editorial at Hershey. ...

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Where and what consumers buy shifts as they look to mitigate rising gas, food prices

While supermarkets remain the go-to for most grocery shoppers, rising food and gas prices due to inflation are pushing more consumers to mass, club and dollar stores as they look for ways to rein in spending and reduce trips, according to market research from FMI: The Food Industry and Placer.ai. ...

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ADM bets big on nutrition to drive profit as it amps up capacity in high-growth areas

ADMâs nutrition business may represent only 15% of its operating profit currently, but executives expect that to double in the next three years and to drive a majority of the companyâs operating growth thanks to its âsystemsâ approach to business development, a strategically refined portfolio, increased capacity, geographic expansion and tactical acquisitions. ...

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