Millennials, once again, are rapidly changing alcohol beverage trends, now exhibiting a preference for craft liquor produced by small, local distilleries.
Solve For Food wants to lead the industry into a new age of food processing. The company is seeking financing for its first Food Innovation Center, which will provide processors concept-to-consumption food production and innovation services using MATS.
Eight years ago PepsiCo piloted a different approach to social good with a purpose-driven business initiative called Food for Food (FFG). FFG generates no profit for the company, but uniquely takes advantage of the logistical expertise and technological knowledge of PepsiCo.
When the Girrbachs were looking for ideas to start a food business, they originally considered the microbrewery market, but decided not to do beer. They instead looked at potato chips and realized years ago there were many regional chip manufacturers that have gone away.
Right now, as more consumers are doing more grocery shopping online, CPG companies are learning how to adapt to technology that enables product delivery in under an hour.