Food Industry Updates

• ‘Lackluster consumer sentiment’ drags down Gruma USA
  Unit sees volume declines in foodservice channel.
• Ferrero begins Nutella peanut production
  Company celebrates opening of new line in Chicago area.
• Functionality becoming the new normal
  Consumers expect functional benefits when dining at home or eating out.
• Hydration becoming key functional beverage trend
  Manufacturers are launching products formulated with electrolytes to support consumer hydration.