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  • 11 Jul 2018 11:47 AM | Deleted user
    • PepsiCo is launching a new center for innovation called “The Hive” to help cultivate its niche brands, PepsiCo CEO Indra Nooyi said on an investor results call.
    • This incubator will be a separate entrepreneurial group outside of the core headquarters that will help nurture niche products already in the portfolio as well as look at other venturing brands that PepsiCo can bring into the fold.
    • In June, PepsiCo announced it was partnering with the Chicago-based incubator “The Hatchery,” a nonprofit food and beverage incubator.
    Read full Fooddive article HERE
  • 10 Jul 2018 1:48 PM | Deleted user

    Innova Market Insights is a leading market research company, serving our customers with our unique and powerful Innova Database: the world’s largest database for the food industry, used by leading companies in food ingredients and manufacturing for future success in the dynamic

    Access powerpoint HERE

  • 10 Jul 2018 11:18 AM | Deleted user

    After shelling out $375 million to purchase the Pillsbury brand and other baking products from J.M. Smucker, an East Coast private-equity firm plans to create a new company, Hometown Food, headquartered in Chicago. For Smucker, based in Orrville, Ohio, the sale offered a chance to unload aging brands that have suffered as customers seek out natural and health-conscious products. But for Greenwich, Conn.-based Brynwood Partners, which acquired Sunny Delight last year and has previously invested in Balance Bar and SnackWell's, the acquisition provides an opportunity to grow market share in a category that's still popular, regardless of health trends.

    Read the full "Crain's" article HERE


  • 10 Jul 2018 8:00 AM | Deleted user

    There’s a lot of hype around ‘big data’ and ‘data analytics’, but how can you cut through the noise to distill these buzzwords down into something that is useful to your startup or established company?

    Read the full article HERE

  • 3 Jul 2018 10:45 AM | Deleted user
    The 2018 inaugural Smart Food Expo was a fantastic opportunity for food industry innovators to educate, network and showcase their products. This year's event took place at the spacious McCormick Place convention center, situated in the Chicago Loop. Chicagoland Food and Beverage Network hosted the "Start-up Zone," showcasing a few of Chicagoland's wonderful startups (TeaSquares, Tiesta Tea, FruitBelt, Simple Mills) and their displays.

    Attendees were able to sample a plethora of healthy, "better-for-you" products, while learning from suppliers about ingredients and methods used to produce their rendition of "smart food." Guests were given the opportunity to gain a true understanding of why smart food makes a difference in the mind, body and overall wellness of its customers. 


    The expo also included lovely floral displays, technological inventions and demonstrations with plenty of free goodies to take home. We would like to thank United Fresh for allowing us to be a part of such an amazing event, we hope to see you all at next year's Smart Food Expo!
  • 2 Jul 2018 12:14 PM | Deleted user

    Closing out the week, Jon Hansen stepped in for Steve Bertrand and checked in with Ben Meyerson about how Walgreens had a great start to the week since they joined the Dow Jones, but then Amazon burst their bubble. Tom Gimbel revealed that “ghosting” happens in the business world, Aaron Weigel shared the story behind his small business success of Weigel Tool Works on the monthly Wintrust Community Leader conversation, and Alan Reed explained why Chicago is the place to be for in the food and beverage industry.

    To hear this interview (20:45) click HERE 


  • 25 Jun 2018 12:22 PM | Deleted user

    Summertime is here. But no one in the food and beverage industry is taking a break from discussing the real issues and innovations. Constructive conversation and fruitful networking occurred once again at our latest event, Dining on the Roof: A Farm-to-Table Experience focused on creating sustainable local food systems and how they are changing everything from processes to consumption.


    Guest speaker, Kathy Nyquist, is the founder of New Venture Advisors, LLC. Her expertise comes from both ends of the spectrum: from many years in large, corporate food businesses and now over 5 years consulting on local food systems, and small farmer advocacy.

    Nyquist’s ‘farm to table’ personal and market research shows that consumer values are very much connected to their food choices. This local food trend is here to stay. But the challenge to keep it going -- both financially and to keep up with consumer demand -- is infrastructure. How can local producers get their goods to the masses effectively?


    Nyquist says in order to keep moving ‘farm to table’ forward, local food systems must be viewed holistically, just as consumers are now doing. This is done by starting with looking at agriculture, then to market prep and consumption. Companies are asked to think beyond traditional values (taste, price, and convenience) and instead embrace today’s consumer values (shared mission -- e.g. access to healthy food -- transparency and corporate accountability).

    “There needs to be a force in food systems that aren’t solely based on profits,” says Nyquist “Those forces come in the form of nonprofits, NGOs, and independent researchers, taking a hard look at the systems created by major manufacturers,” adds Nyquist.

    Kashi as a Role Model. Nyquist and others in the industry point to Kashi (owned by Kellogg) as a company doing a great job helping small farmers transition from conventional farming to organic by providing training and financial help. Kellogg realizes the importance of allowing Kashi to operate according to its strong food mission and shared consumer values.

    “It’s a home run to me when we can get small farms connected to large distributors, like Jewel and other large grocers,” according to Nyquist. At the conclusion of the evening, Nyquist challenged the group to be generous with sustainable, local suppliers… “Give them your respect, time and support, to help create change and a better food system here in Chicagoland and around the state.”  

    For more on Infrastructure and Why Chicago is Attractive to Start Ups and Large Manufacturers  Chicagoland Food & Beverage Network understands Chicago’s unique proposition in the food and beverage industry. Forbes Magazine interviewed us on this topic recently, along with several network members. Read the full article here.

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  • 18 Jun 2018 1:17 PM | Deleted user

    Entrepreneurs across the country are constantly testing their food and beverage offerings, but where they test them matters. Just because something works on either coast doesn’t mean it’ll take off nationwide, says Alan Reed, executive director of Chicagoland Food and Beverage Network. “But if things work in Chicago, you probably have a nationwide success on your hands ,” Reed says.

    Click HERE

  • 14 Jun 2018 10:51 AM | Deleted user

    In order to maintain an effective and profitable business, most company leaders subscribe to some manner of innovation. Examining business through an innovative lens works to achieve efficiencies and evolve approaches to product development. Traditionally, research and development departments have carried responsibility for cycling innovative practices through organizational systems. However, in the current economic landscape, only major industry players have the resources to maintain robust R&D projects. And even so, the scale of such projects pressures corporate decision-makers to a risk-averse position, the context of which can limit the positive effects of innovation on product development. 

    Read the full article HERE


  • 13 Jun 2018 4:45 PM | Deleted user

    Andrew Clarke, currently chief marketing & customer officer of Mars Wrigley Confectionery, will replace Martin Radvan as the business unit's global president in September.

    Clarke has been Wrigley's CMO since 2015, and he's been with Mars since 2000, signing on in the U.K. as category leadership director for Mars Chocolate.

    Read more HERE

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