Startups Start to Dominate Food Industry

Mar 14, 2016 04:20 AM EDT | By Rhea Penaflor (media@latinospost.com)

Close

Top conglomerates of the food industry have been in the business for decades but with the advent of "edible" startups, analysts see a decline in the traditional way of patronizing food industries, instead, it shifts its eyes to food startups! It also means that for huge established food brands doing the same thing all over again, they must come out, explore and innovate. Otherwise, the startup companies will surely dominate the market as it does now.

Take, for example, Foodscape. It's a startup for growers, eaters, and landowners. Foodscape as a startup is there to provide access to fresh, healthy real food. They  do this by growing and sharing food in local communities, creating, connecting, and empowering small farms and food producers, including backyard farms, community gardens, neighborhood farms, and others. Foodscape creates small farms & large vegetable gardens (aka "foodscapes") for individuals, neighborhoods/communities, schools, & companies, bringing the farm even closer to the table. There is human touch in this kind of startup, not just having money and buying the food that you want like we do in major food conglomerates, right? This is something that big traditional food companies are looking into aside from doing some "corporate social responsibility" to their loyal consumers.

In 2015, Food Processing released its annual list of the top 100 food and beverage companies in the United States and Canada. It boasts this list because this is the only list of its kind.  Nowhere else can you sort manufacturers by sales, rank or income all in one place.

These Top 10 Food Companies are:

1. Pepsico Inc.

2. Tyson Foods Inc

3. Nestle (U.S. & Canada)

4. JBS USA

5. Coca-Cola Co.

6. Anheuser-Busch InBev

7. Kraft Foods Inc.

8. Smithfield Foods Inc.

9. General Mills Inc. (5/25/14)

10. ConAgra Foods Inc.

What do they have in common? They are all huge food conglomerates that need to introduce novel ideas, or else, food technology startups especially those that focus on eating healthy will certainly dominate the market.

© 2018 Food World News. All rights reserved. Do not reproduce without permission.

SHARE YOUR THOUGHTS

Get the Most Popular Food Stories in a Weekly Newsletter
Food Biz
The Best Meal Kit Delivery Service for Every Budget

The Best Meal Kit Delivery Service For Every Budget

There's one way to cook fresh, delicious meals at home without doing all the planning, preparing and shopping: meal-kit delivery services. These services deliver a box of ingredients to your door, and you do the cooking at home. Most kits offer the option to serve two, three or four people, and you can customize how many meals per week you would like.

A Decade of Popping Bottles at Wynn Nightlife's XS Nightclub

A Decade of Popping Bottles At Wynn Nightlife's XS Nightclub

Anyone whose been to Las Vegas knows that it's one of the premier places in the world to party. A place where over-the-top and outrageous is commonplace. Where showing out is the norm.

Super Food

Achieve Your Health Related Goals with Superfoods

A superfood is considered to be nutrient-rich food that is favorable for health and wellbeing. It is a marketing term that is used to explain foods with supposed health benefits. It is especially good for including various micro and macronutrients, minerals and vitamins. Superfoods make you stay healthy and fight against aging and disease.

Food Tech
Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million

Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million

Campbell Soup has announced it will sell its Danish baked snacks manufacturer Kelsen Group to CTH Invest, a Belgian holding company affiliated with the Nutella maker Ferrero, for $300 million. The transaction is subject to customary purchase price adjustments, and it is expected to be completed in the first quarter of fiscal 2020.

New Whiskies Well Worth Buying This Summer: Brown Is Beautiful

New Whiskies Well Worth Buying This Summer: Brown Is Beautiful

The newly appointed editor-in-chief of Esquire Magazine, Michael Sebastian, recently told the press that he wants to get away from the idea that the magazine's reader is "a middle-aged white guy who likes brown liquor and brown leather"). Which should send chills down the ad dept's spine working on those Scotch and bourbon accounts!

Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million

Campbell Soup To Sell Danish Snacks Manufacturer To Ferrero Affiliate For $300 Million

Campbell Soup has announced it will sell its Danish baked snacks manufacturer Kelsen Group to CTH Invest, a Belgian holding company affiliated with the Nutella maker Ferrero, for $300 million. The transaction is subject to customary purchase price adjustments, and it is expected to be completed in the first quarter of fiscal 2020.

Real Time Analytics