The foodservice industry is expected to generate $997 billion in sales and 500,000 new jobs by the end of 2023, according to the National Restaurant Association.

Ingredients, functional and clean label are expected to be key trends this year.

Additionally, the company announced Hershey’s Europe unit has been separated from the AMEA business into a standalone business.

The acquisition is valued at approximately $207 million and is expected to close sometime in December.

The Specialty Food Association (SFA) Trendspotter Panel has predicted what will be hot in the coming year.

Plant-based foods, increased interest in sustainable foods and practices and the return of popular classics highlight potential new trends in the coming year.

This marks the third international production site for the leading supplier of bulk tropical fruit juice purees and concentrates.

The program will provide hands-on education and mentorship opportunities for young women and equip them with the tools and skills necessary to become leaders.

The premium chocolate maker began reworking its brand following a 2020 divestiture from The Hershey Co.

Shiru, Inc. is partnering with Puratos Group to evaluate and develop a next-generation egg replacement.