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Launch of Food is Medicine Institute at Tufts University signals turning point for health and nutrition collaborations

Last week’s launch of the Food is Medicine Institute at the Friedman School of Nutrition Science and Policy at Tufts University marks an inflection point for food-based health care interventions, which have steadily grown from small community-driven and privately-funded grassroots efforts to a national movement backed by The White House, insurance companies, grocery retailers and large public health organizations. ....

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Futureproofing the Food System: What will it take to deliver on the promise of alternative proteins?

Between FDA and USDA greenlighting the sale of cultivated chicken in the US, the ground-breaking of a large-scale precision fermentation facilities and advances in molecular farming, 2023 has been a banner year for novel protein production. But the path forward for these technologies is far from clear with manufacturing backlogs and bottlenecks, additional regulatory hurdles and a tightening investment landscape. ....

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Conagra sales, volume slip as shifting shopping habits 'elongate' volume recovery

Slim Jim and Act II microwave popcorn maker Conagra Brands saw sales and volume slide in its first quarter as consumers pushed back against recent price hikes across the board that are forcing them to reprioritize their purchases to fit within tighter budgets, CEO Sean Connolly told investment analysts yesterday. ....

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JM Smucker accelerates focus on convenience, volume gains with acquisition of Hostess Brands

With the acquisition of iconic snack cake maker Hostess Brands announced this morning, JM Smucker joins a growing list of packaged food companies padding their portfolios through acquisitions after several rounds of price hikes across categories begin to take a toll on volumes and top line earnings. ....

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General Mills warns against promotions to boost declining volumes, urges patience

Executives from General Mills and calling for patience – not promotions – to help reverse volume declines that for months have plagued the food and beverage industry across categories, but which so far have been sufficiently offset by price increases. ....

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